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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/4/2018

LM_XB405
Des Moines, IA                 Fri, May 04, 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:               $173.69
Change from prior day:                $0.59
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.71        $122.13         $0.70
100% lean inside round                      $306.68          $7.12       ($0.01)
100% lean, flats and eyes                   $275.78          $6.40       ($0.05)
100% lean, S.P.B.                           $273.52         $13.68       ($0.13)
Chuck Tender                                $226.42          $2.26         
Knuckle                   4-7 lbs.          $235.02          $5.95         $0.01
Tenderloin                2-3 lbs.          $417.67          $2.21         
Tenderloin                3-4 lbs.          $478.71          $3.54       ($0.01)
Ribeye Roll               4-6 lbs.          $280.97          $2.95         $0.05
Ribeye Roll               6-8 lbs.          $309.66          $2.29         
Ribeye Roll               8up lbs.          $287.00          $2.10       ($0.01)
Flank Steak                                 $320.43          $1.35         $0.04
Kidney, Edible                               $18.63          $0.09         
Fat, inedible                                $14.74          $0.34         
Bone                                          $5.35          $1.28         
--------------------------------------------------------------------------------
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                 18.46  loads --              738,446  pounds
Cutter/Canner Cuts                  2.22  loads --               88,723  pounds
Boner/Breaker/Cutter/Canner        27.81  loads --            1,112,307  pounds
100% Lean Items                    19.13  loads --              765,278  pounds
Frozen Cuts                         0.64  loads --               25,625  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    8,449   $275.81     ($0.70)
112   Rib, ribeye roll, 8-10 lbs.             28   53,088   $316.45       $1.21
112   Rib, ribeye roll, 10-up lbs.           184   94,600   $337.79       $5.37
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   29,424   $424.90       $7.73
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                               
120   Chuck, brisket                          25   46,247   $217.77     ($0.02)
168   Round, top inside, 10-dn lbs.            3    3,852   $226.12       
168   Round, top inside, 10-up lbs.           16   31,765   $240.25     ($1.58)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     19  257,538   $297.36       $0.60
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5    8,085   $280.43     ($0.35)
171C  Round, eye of round                     30   48,251   $265.78     ($0.08)
      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.            23   34,583   $294.42       $6.21
182   Loin, sirloin butt
184   Loin, top sirloin butt                  21   19,564   $260.02       $0.71
185A  Loin, bottom sirloin butt flap, bnls.   47   91,870   $345.29       $2.41
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              46   85,978   $309.66       $0.48
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     8   54,668   $307.50       
      Inside round - Boxed                    30  113,683   $306.29     ($0.10)
      Outside round
      Eye of round                            20   40,154   $275.84       $0.05
      Flats and eyes - Combo                  19  158,300   $276.55     ($2.72)
      Flats and eyes - Boxed                            
      Striploin                               84  316,601   $314.80       $2.84
      S.P.B. - Combo                           7   52,509   $273.52     ($2.63)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  129,859   $226.42       $0.51
167A  Round, knuckle, peeled                  42  323,221   $235.02       $0.04
190   Loin, tenderloin, 2-3 lbs.              26   56,839   $417.67       $1.13
190   Loin, tenderloin, 3-4 lbs.              44   69,018   $478.71     ($1.32)
190   Loin, tenderloin, 4-5 lbs.             153  272,165   $507.98       $1.97
190   Loin, tenderloin, 5-up lbs.             46   22,412   $494.13     ($7.81)
193   Flank, flank steak                      99  108,806   $320.43       $8.09
      Flank, rough                            65  129,987   $251.50       $1.90
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
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.             4   13,200   $290.12     ($0.45)
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.usda.gov/market-news/livestock-poultry-grain
1530C
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