Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 5/23/2018

Past Market Reports

Report Date: 5/23/2018

LM_XB405
Des Moines, IA                 Wed, May 23, 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:               $176.25
Change from prior day:                $0.48
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.94        $123.93         $0.41
100% lean inside round                      $313.43          $7.27         $0.07
100% lean, flats and eyes                   $275.89          $6.40         
100% lean, S.P.B.                           $276.62         $13.83       ($0.02)
Chuck Tender                                $239.96          $2.40       ($0.01)
Knuckle                   4-7 lbs.          $241.52          $6.11       ($0.01)
Tenderloin                2-3 lbs.          $418.14          $2.22         
Tenderloin                3-4 lbs.          $474.13          $3.51         $0.07
Ribeye Roll               4-6 lbs.          $269.90          $2.83         
Ribeye Roll               6-8 lbs.          $297.58          $2.20       ($0.01)
Ribeye Roll               8up lbs.          $347.82          $2.54       ($0.04)
Flank Steak                                 $309.75          $1.30         $0.02
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                 17.88  loads --              715,279  pounds
Cutter/Canner Cuts                  2.24  loads --               89,677  pounds
Boner/Breaker/Cutter/Canner        19.24  loads --              769,550  pounds
100% Lean Items                    19.48  loads --              779,205  pounds
Frozen Cuts                         3.03  loads --              121,067  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   48,358   $325.31       $4.81
112   Rib, ribeye roll, 10-up lbs.           158   62,887   $411.88       $8.96
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   26,737   $452.56     ($5.61)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       4    6,151   $332.49
      Chuck, boneless 85%                               
120   Chuck, brisket                          19   26,010   $227.76       $1.95
168   Round, top inside, 10-dn lbs.            3    7,222   $237.28       
168   Round, top inside, 10-up lbs.           11   29,286   $248.28     ($0.61)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     20  171,531   $296.97       $0.11
169A  Round, top inside c-off, 14-up lbs.      5   49,564   $278.58       $2.81
171B  Round, outside round                     5    9,171   $280.64       $0.70
171C  Round, eye of round                     39   54,805   $261.58     ($3.53)
      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   32,850   $268.62     ($3.17)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  17   15,585   $271.47       $0.55
185A  Loin, bottom sirloin butt flap, bnls.   39  162,414   $298.61       $1.91
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              26   64,396   $297.58     ($0.61)
112   Rib, ribeye roll, 8-up lbs.             13   25,281   $347.82     ($6.11)
100% LEAN
      Inside round - Combo                    11   74,772   $312.38       $1.72
      Inside round - Boxed                    31   51,815   $314.94       $4.80
      Outside round
      Eye of round                            20   58,125   $276.05       $0.01
      Flats and eyes - Combo                  14  224,912   $275.70     ($0.20)
      Flats and eyes - Boxed                            
      Striploin                               85  311,859   $321.23       $0.83
      S.P.B. - Combo                           6   46,173   $276.62     ($0.47)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   82,109   $239.96     ($0.69)
167A  Round, knuckle, peeled                  33  167,028   $241.52     ($0.33)
190   Loin, tenderloin, 2-3 lbs.               9   24,298   $418.14     ($0.72)
190   Loin, tenderloin, 3-4 lbs.              45   75,088   $474.39       $8.94
190   Loin, tenderloin, 4-5 lbs.             119  167,375   $561.11    ($16.64)
190   Loin, tenderloin, 5-up lbs.             68   79,797   $552.15       $9.02
193   Flank, flank steak                      80   82,225   $314.16       $7.23
      Flank, rough                            58   91,630   $273.01       $5.94
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   20,405   $278.83       $0.61
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   $287.59       $0.18
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   29,109   $269.90       
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                      10   14,951   $285.54     ($1.93)
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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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