Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 4/20/2018

Past Market Reports

Report Date: 4/20/2018

LM_XB405
Des Moines, IA                 Fri, Apr 20, 2018                USDA Market News

NATIONAL 5-DAY ROLLING CUTTER COW CUTOUT AND BOXED COW BEEF CUTS
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE - Negotiated Sales - Afternoon

Based on negotiated prices and volume of cow cuts delivered within 0-21 days
and on average industry cutting yields.  Values reflect U.S. dollars per 100
pounds.

                                   Cutter 90%
                                    350#/up
--------------------------------------------------------------------------------
Current-Cutout Value:               $172.47
Change from prior day:              ($0.04)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.20        $121.84         
100% lean inside round                      $307.41          $7.13         $0.01
100% lean, flats and eyes                   $275.54          $6.39         
100% lean, S.P.B.                           $261.45         $13.07       ($0.13)
Chuck Tender                                $220.15          $2.20         
Knuckle                   4-7 lbs.          $234.69          $5.94       ($0.01)
Tenderloin                2-3 lbs.          $389.08          $2.06       ($0.01)
Tenderloin                3-4 lbs.          $471.90          $3.49         
Ribeye Roll               4-6 lbs.          $282.82          $2.97         $0.09
Ribeye Roll               6-8 lbs.          $283.93          $2.10         
Ribeye Roll               8up lbs.          $289.18          $2.11         
Flank Steak                                 $309.75          $1.30         $0.01
Kidney, Edible                               $19.00          $0.09         
Fat, inedible                                $15.24          $0.35         
Bone                                          $5.95          $1.43         
--------------------------------------------------------------------------------
USDA NATIONAL BOXED COW BEEF CUTS - NEGOTIATED SALES   FOB Plant basis
negotiated sales for delivery within 0-21 day period.

CURRENT VOLUME - (one load equals 40,000 pounds)

Boner/Breaker Cuts                 17.58  loads --              703,023  pounds
Cutter/Canner Cuts                  1.91  loads --               76,248  pounds
Boner/Breaker/Cutter/Canner        22.44  loads --              897,585  pounds
100% Lean Items                    15.29  loads --              611,632  pounds
Frozen Cuts                         0.96  loads --               38,223  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             35   23,174   $297.08     ($0.08)
112   Rib, ribeye roll, 10-up lbs.           168  161,445   $313.21       $2.63
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       6   19,599   $433.50       $0.20
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   26,598   $324.13       $3.04
      Chuck, boneless 85%                               
120   Chuck, brisket                          16   32,210   $218.66       $2.90
168   Round, top inside, 10-dn lbs.            5   15,448   $217.38     ($0.22)
168   Round, top inside, 10-up lbs.           16   54,421   $227.23     ($0.62)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     16  188,464   $295.99     ($0.55)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5    5,933   $280.66     ($1.31)
171C  Round, eye of round                     38   38,160   $250.49     ($3.94)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.            18   30,989   $248.05     ($9.15)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  20   18,105   $253.03       $3.87
185A  Loin, bottom sirloin butt flap, bnls.   35   78,100   $310.53     ($6.10)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              38   68,073   $283.93       $0.59
112   Rib, ribeye roll, 8-up lbs.              3    8,175   $289.18       
100% LEAN
      Inside round - Combo                    10   64,396   $307.01       $0.67
      Inside round - Boxed                    31   67,656   $307.79       $0.66
      Outside round                            3   23,805   $275.69
      Eye of round                            17   54,720   $275.37     ($0.08)
      Flats and eyes - Combo                  16  141,454   $275.59     ($0.04)
      Flats and eyes - Boxed                            
      Striploin                               70  223,001   $309.95     ($0.66)
      S.P.B. - Combo                           6   36,600   $261.45     ($2.61)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     27   75,371   $220.15     ($0.23)
167A  Round, knuckle, peeled                  46  292,062   $234.69     ($0.47)
190   Loin, tenderloin, 2-3 lbs.              17   23,417   $389.08     ($1.93)
190   Loin, tenderloin, 3-4 lbs.              50  119,013   $471.90     ($0.20)
190   Loin, tenderloin, 4-5 lbs.             117  133,347   $510.26     ($0.30)
190   Loin, tenderloin, 5-up lbs.             45   56,797   $497.78     ($0.16)
193   Flank, flank steak                      95   99,909   $310.05       $2.08
      Flank, rough                            63   97,669   $256.56     ($2.26)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              4    9,365   $268.42       
112   Rib, ribeye roll, 10-up lbs.
112A  Rib, ribeye roll-lip-on, 8-dn lbs.                
112A  Rib, ribeye roll-lip-on, 8-up lbs.                
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.               
169A  Round, top inside c-off, 14-up lbs.               
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.             9   17,600   $293.63     ($0.37)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.                        
190   Loin, tenderloin, 4-5 lbs.                        
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak
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Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.us