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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/18/2018

LM_XB405
Des Moines, IA                 Mon, Jun 18, 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:               $176.44
Change from prior day:                $0.23
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $222.04        $123.99         $0.02
100% lean inside round                      $309.68          $7.18         $0.02
100% lean, flats and eyes                   $281.78          $6.54         $0.01
100% lean, S.P.B.                           $283.22         $14.16         $0.08
Chuck Tender                                $225.09          $2.25       ($0.01)
Knuckle                   4-7 lbs.          $234.09          $5.92         $0.02
Tenderloin                2-3 lbs.          $415.58          $2.20         
Tenderloin                3-4 lbs.          $457.24          $3.38       ($0.09)
Ribeye Roll               4-6 lbs.          $285.26          $3.00         $0.07
Ribeye Roll               6-8 lbs.          $302.40          $2.24         
Ribeye Roll               8up lbs.          $347.29          $2.54         $0.04
Flank Steak                                 $304.43          $1.28         $0.03
Kidney, Edible                               $18.13          $0.08       ($0.01)
Fat, inedible                                $16.42          $0.38         $0.02
Bone                                          $5.42          $1.30         $0.03
--------------------------------------------------------------------------------
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                 22.78  loads --              911,120  pounds
Cutter/Canner Cuts                  3.61  loads --              144,504  pounds
Boner/Breaker/Cutter/Canner        24.26  loads --              970,596  pounds
100% Lean Items                    21.28  loads --              851,179  pounds
Frozen Cuts                         4.84  loads --              193,517  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.             56   89,600   $319.33     ($1.27)
112   Rib, ribeye roll, 10-up lbs.           146   87,953   $380.20     ($4.06)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16    8,981   $458.43       $0.37
112A  Rib, ribeye roll-lip-on, 8-up lbs.       6    7,777   $428.91     $139.22
      Chuck, boneless 85%                               
120   Chuck, brisket                          20   52,252   $229.23     ($0.06)
168   Round, top inside, 10-dn lbs.            4   10,392   $210.58       $3.70
168   Round, top inside, 10-up lbs.           11   34,477   $238.08     ($3.00)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     26  160,924   $291.30       $0.44
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6    9,829   $280.14       
171C  Round, eye of round                     49   49,902   $257.08     ($4.44)
      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.            24   54,106   $302.11      $19.95
182   Loin, sirloin butt
184   Loin, top sirloin butt                  29   69,916   $255.48       $0.09
185A  Loin, bottom sirloin butt flap, bnls.   42  238,751   $290.54    ($17.90)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              46   74,391   $302.40       $0.25
112   Rib, ribeye roll, 8-up lbs.             17   68,426   $347.29       $4.19
100% LEAN
      Inside round - Combo                     9   64,011   $309.03       $0.40
      Inside round - Boxed                    21  124,156   $310.01       $1.72
      Outside round                            3   30,123   $278.91       $0.67
      Eye of round                            19   45,497   $282.10     ($0.03)
      Flats and eyes - Combo                  18  191,737   $282.15       $0.13
      Flats and eyes - Boxed                            
      Striploin                               72  372,368   $320.28     ($3.12)
      S.P.B. - Combo                           5   23,287   $283.22       $1.66
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  109,782   $225.09     ($0.76)
167A  Round, knuckle, peeled                  34  189,880   $234.09       $0.97
190   Loin, tenderloin, 2-3 lbs.              10   21,691   $415.58     ($0.32)
190   Loin, tenderloin, 3-4 lbs.              46  122,323   $457.24    ($11.18)
190   Loin, tenderloin, 4-5 lbs.             142  215,730   $556.52       $1.53
190   Loin, tenderloin, 5-up lbs.             61   80,694   $575.93     ($0.30)
193   Flank, flank steak                      75   75,800   $306.31       $9.52
      Flank, rough                            68  154,696   $239.60     ($0.51)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             10  122,685   $287.76       $0.45
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.             3    6,440   $319.52
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   32,520   $285.74
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.               4    5,894   $498.00       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       7   20,993   $297.66       $2.91
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Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
   

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