Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

1. Cattle.com
2. Market Reports
3. Iowa
4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 5/22/2018

Past Market Reports

Report Date: 5/22/2018

LM_XB405
Des Moines, IA                 Tue, May 22, 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:               $175.77
Change from prior day:              ($0.60)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.21        $123.52       ($0.60)
100% lean inside round                      $310.43          $7.20         $0.03
100% lean, flats and eyes                   $276.05          $6.40       ($0.01)
100% lean, S.P.B.                           $277.09         $13.85         
Chuck Tender                                $240.65          $2.41         
Knuckle                   4-7 lbs.          $241.85          $6.12         
Tenderloin                2-3 lbs.          $418.86          $2.22         
Tenderloin                3-4 lbs.          $465.45          $3.44       ($0.02)
Ribeye Roll               4-6 lbs.          $269.90          $2.83       ($0.02)
Ribeye Roll               6-8 lbs.          $298.19          $2.21       ($0.02)
Ribeye Roll               8up lbs.          $353.93          $2.58       ($0.03)
Flank Steak                                 $304.11          $1.28         $0.07
Kidney, Edible                               $18.25          $0.08         
Fat, inedible                                $14.57          $0.34         
Bone                                          $5.37          $1.29         
--------------------------------------------------------------------------------
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                 18.29  loads --              731,573  pounds
Cutter/Canner Cuts                  2.69  loads --              107,579  pounds
Boner/Breaker/Cutter/Canner        18.83  loads --              753,398  pounds
100% Lean Items                    21.29  loads --              851,630  pounds
Frozen Cuts                         2.22  loads --               88,884  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.             34   47,674   $320.50     ($0.94)
112   Rib, ribeye roll, 10-up lbs.           132   57,284   $402.92      $15.80
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   34,617   $458.17       $4.67
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                               
120   Chuck, brisket                          22   34,924   $225.81     ($3.92)
168   Round, top inside, 10-dn lbs.            3    7,222   $237.28       
168   Round, top inside, 10-up lbs.            9   28,219   $248.89     ($3.15)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     20  169,582   $296.86       $0.94
169A  Round, top inside c-off, 14-up lbs.      4   42,309   $275.77
171B  Round, outside round                     7   11,790   $279.94     ($0.49)
171C  Round, eye of round                     33   49,929   $265.11       $4.49
      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.            17   42,692   $271.79     ($1.57)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  17   18,239   $270.92       $1.34
185A  Loin, bottom sirloin butt flap, bnls.   39  170,388   $296.70     ($3.88)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              33   74,436   $298.19     ($2.49)
112   Rib, ribeye roll, 8-up lbs.             13   33,143   $353.93     ($3.27)
100% LEAN
      Inside round - Combo                    15  120,846   $310.66       $2.15
      Inside round - Boxed                    35   96,988   $310.14     ($0.39)
      Outside round
      Eye of round                            20   54,844   $276.04     ($0.46)
      Flats and eyes - Combo                  17  215,392   $275.90     ($0.38)
      Flats and eyes - Boxed                            
      Striploin                               86  299,775   $320.40       $1.13
      S.P.B. - Combo                           9   52,236   $277.09       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   88,378   $240.65     ($0.04)
167A  Round, knuckle, peeled                  34  149,855   $241.85     ($0.01)
190   Loin, tenderloin, 2-3 lbs.               9   24,153   $418.86       $0.12
190   Loin, tenderloin, 3-4 lbs.              49   90,443   $465.45     ($2.58)
190   Loin, tenderloin, 4-5 lbs.             123  135,367   $577.75       $1.99
190   Loin, tenderloin, 5-up lbs.             63   75,252   $543.13       $1.53
193   Flank, flank steak                      80   81,690   $306.93      $11.41
      Flank, rough                            63  108,260   $267.07       $3.83
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   13,475   $278.22     ($0.14)
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.             6   22,294   $287.41       $5.60
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   29,109   $269.90     ($1.94)
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                       9   13,813   $287.47      $20.07
--------------------------------------------------------------------------------
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
.