Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 5/14/2018

Past Market Reports

Report Date: 5/14/2018

LM_XB405
Des Moines, IA                 Mon, May 14, 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:               $175.01
Change from prior day:                $0.70
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Item                                          Price          Value        Change
90% lean                                    $220.26        $122.99         $0.35
100% lean inside round                      $307.76          $7.14         $0.05
100% lean, flats and eyes                   $277.02          $6.43         $0.03
100% lean, S.P.B.                           $277.47         $13.87         $0.08
Chuck Tender                                $233.56          $2.34         $0.02
Knuckle                   4-7 lbs.          $242.17          $6.13         $0.08
Tenderloin                2-3 lbs.          $415.46          $2.20         $0.02
Tenderloin                3-4 lbs.          $456.74          $3.38         
Ribeye Roll               4-6 lbs.          $285.18          $2.99         
Ribeye Roll               6-8 lbs.          $294.33          $2.18       ($0.02)
Ribeye Roll               8up lbs.          $325.40          $2.38         $0.11
Flank Steak                                 $324.70          $1.36         $0.05
Kidney, Edible                               $19.10          $0.09         
Fat, inedible                                $14.57          $0.34         $0.01
Bone                                          $4.96          $1.19       ($0.08)
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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                 20.39  loads --              815,567  pounds
Cutter/Canner Cuts                  3.03  loads --              121,134  pounds
Boner/Breaker/Cutter/Canner        17.45  loads --              697,886  pounds
100% Lean Items                    19.96  loads --              798,241  pounds
Frozen Cuts                         3.03  loads --              121,196  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    5,100   $275.92       $1.05
112   Rib, ribeye roll, 8-10 lbs.             42   77,592   $329.43       $6.28
112   Rib, ribeye roll, 10-up lbs.           198   79,513   $363.69       $8.51
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   29,375   $459.19     ($4.66)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       8    5,939   $341.76    ($22.36)
      Chuck, boneless 85%                      3   43,000   $208.76       $5.37
120   Chuck, brisket                          22   54,966   $220.02       $2.51
168   Round, top inside, 10-dn lbs.            6   24,776   $236.55     ($0.57)
168   Round, top inside, 10-up lbs.            6   20,348   $253.62       $3.88
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     18  243,608   $293.34     ($1.09)
169A  Round, top inside c-off, 14-up lbs.      3   21,280   $297.41     ($1.21)
171B  Round, outside round                     7   13,853   $280.90       
171C  Round, eye of round                     41   55,146   $266.74       $5.78
      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.            19   23,369   $268.08       $1.46
182   Loin, sirloin butt
184   Loin, top sirloin butt                  10    8,920   $284.76       $9.01
185A  Loin, bottom sirloin butt flap, bnls.   44  106,700   $323.74     ($2.11)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              48  112,829   $294.33     ($2.59)
112   Rib, ribeye roll, 8-up lbs.              3    8,305   $325.40
100% LEAN
      Inside round - Combo                    11   93,680   $306.83       $4.67
      Inside round - Boxed                    33   87,394   $308.77     ($1.62)
      Outside round                            4   53,680   $276.57       $0.15
      Eye of round                            15   55,668   $275.26       $1.04
      Flats and eyes - Combo                  21  160,864   $277.77       $1.24
      Flats and eyes - Boxed                            
      Striploin                               79  307,091   $312.44       $1.71
      S.P.B. - Combo                           9   39,864   $277.47       $1.72
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30   74,417   $233.56       $1.61
167A  Round, knuckle, peeled                  42  187,015   $242.17       $2.86
190   Loin, tenderloin, 2-3 lbs.              13   11,389   $415.46       $4.97
190   Loin, tenderloin, 3-4 lbs.              27   81,375   $468.25     ($0.10)
190   Loin, tenderloin, 4-5 lbs.             119  155,572   $554.76     ($4.66)
190   Loin, tenderloin, 5-up lbs.             58   19,392   $500.84     ($6.35)
193   Flank, flank steak                      82   83,689   $326.06      $12.49
      Flank, rough                            53   85,037   $257.15     ($5.24)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   25,578   $273.80       $0.58
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.            11   11,475   $283.26       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               6   13,317   $285.18       
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.               3   41,866   $434.37       
190   Loin, tenderloin, 4-5 lbs.               4   18,934   $465.52     ($2.24)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       4    3,474   $291.86     ($0.33)
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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