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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/30/2018

LM_XB405
Des Moines, IA                 Wed, May 30, 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:               $176.71
Change from prior day:              ($1.99)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.90        $123.91       ($1.85)
100% lean inside round                      $307.40          $7.13       ($0.06)
100% lean, flats and eyes                   $273.28          $6.34       ($0.06)
100% lean, S.P.B.                           $279.43         $13.97        
Chuck Tender                                $232.69          $2.33        
Knuckle                   4-7 lbs.          $243.39          $6.16        
Tenderloin                2-3 lbs.          $414.22          $2.20         $0.07
Tenderloin                3-4 lbs.          $501.52          $3.71       ($0.03)
Ribeye Roll               4-6 lbs.          $277.21          $2.91       ($0.04)
Ribeye Roll               6-8 lbs.          $308.62          $2.28         $0.02
Ribeye Roll               8up lbs.          $374.55          $2.73       ($0.04)
Flank Steak                                 $310.55          $1.30        
Kidney, Edible                               $19.10          $0.09        
Fat, inedible                                $14.57          $0.34        
Bone                                          $5.45          $1.31        
--------------------------------------------------------------------------------
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                 14.20  loads --              568,179  pounds
Cutter/Canner Cuts                  3.17  loads --              126,895  pounds
Boner/Breaker/Cutter/Canner        17.84  loads --              713,783  pounds
100% Lean Items                    15.00  loads --              600,076  pounds
Frozen Cuts                         1.67  loads --               66,919  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    3,330   $280.77      
112   Rib, ribeye roll, 8-10 lbs.             32   39,186   $335.95     ($1.94)
112   Rib, ribeye roll, 10-up lbs.           184   44,112   $412.02       $1.60
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   32,933   $450.78       $0.09
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                              
120   Chuck, brisket                          15   22,231   $221.56       $3.27
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.            5   19,669   $255.04     ($7.29)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  239,218   $293.94     ($1.91)
169A  Round, top inside c-off, 14-up lbs.      3    7,541   $293.88     ($0.64)
171B  Round, outside round                     5    7,763   $280.75       $0.03
171C  Round, eye of round                     40   55,297   $269.41       $6.09
      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.            13   13,578   $274.93       $2.27
182   Loin, sirloin butt
184   Loin, top sirloin butt                  18   20,478   $261.42     ($1.10)
185A  Loin, bottom sirloin butt flap, bnls.   36   51,492   $404.69     ($0.94)
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              33   79,202   $308.62       $3.18
112   Rib, ribeye roll, 8-up lbs.             14   41,608   $374.55     ($5.02)
100% LEAN
      Inside round - Combo                     9   68,761   $308.40       $0.24
      Inside round - Boxed                    27   88,817   $306.62     ($5.24)
      Outside round
      Eye of round                            16   37,195   $273.88     ($5.68)
      Flats and eyes - Combo                  14  145,560   $273.78     ($1.47)
      Flats and eyes - Boxed                           
      Striploin                               54  196,614   $322.46       $0.04
      S.P.B. - Combo                           7   28,660   $279.43       $0.02
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     25   40,011   $232.69     ($0.43)
167A  Round, knuckle, peeled                  32  208,211   $243.39     ($0.23)
190   Loin, tenderloin, 2-3 lbs.               7   16,907   $414.22      $12.23
190   Loin, tenderloin, 3-4 lbs.              40   90,775   $501.83     ($5.05)
190   Loin, tenderloin, 4-5 lbs.             116  144,725   $561.63      $16.28
190   Loin, tenderloin, 5-up lbs.             55   33,837   $566.58     ($9.13)
193   Flank, flank steak                      72   98,716   $313.16       $0.69
      Flank, rough                            51   80,601   $256.06       $1.30
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                       
112   Rib, ribeye roll, 8-10 lbs.              7   33,868   $281.16       $4.98
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.
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                       9   14,719   $293.00       $0.19
--------------------------------------------------------------------------------
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
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