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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/19/2018

LM_XB405
Des Moines, IA                 Tue, Jun 19, 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:               $176.19
Change from prior day:              ($0.25)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.74        $123.82       ($0.17)
100% lean inside round                      $309.76          $7.19         $0.01
100% lean, flats and eyes                   $280.38          $6.50       ($0.04)
100% lean, S.P.B.                           $278.81         $13.94       ($0.22)
Chuck Tender                                $226.07          $2.26         $0.01
Knuckle                   4-7 lbs.          $233.20          $5.90       ($0.02)
Tenderloin                2-3 lbs.          $415.26          $2.20         
Tenderloin                3-4 lbs.          $478.49          $3.54         $0.16
Ribeye Roll               4-6 lbs.          $284.11          $2.98       ($0.02)
Ribeye Roll               6-8 lbs.          $300.60          $2.22       ($0.02)
Ribeye Roll               8up lbs.          $350.57          $2.56         $0.02
Flank Steak                                 $315.19          $1.32         $0.04
Kidney, Edible                               $18.13          $0.08         
Fat, inedible                                $16.42          $0.38         
Bone                                          $5.42          $1.30         
--------------------------------------------------------------------------------
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                 22.32  loads --              892,835  pounds
Cutter/Canner Cuts                  4.12  loads --              164,619  pounds
Boner/Breaker/Cutter/Canner        25.02  loads --            1,000,841  pounds
100% Lean Items                    18.75  loads --              750,019  pounds
Frozen Cuts                         5.00  loads --              199,988  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   13,710   $280.06
112   Rib, ribeye roll, 8-10 lbs.             53   74,109   $316.69     ($2.64)
112   Rib, ribeye roll, 10-up lbs.           136   90,126   $385.16       $4.96
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   10,060   $457.93     ($0.50)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       6    7,777   $428.91       
      Chuck, boneless 85%                               
120   Chuck, brisket                          19   49,015   $227.66     ($1.57)
168   Round, top inside, 10-dn lbs.            3    9,317   $210.96       $0.38
168   Round, top inside, 10-up lbs.           12   36,360   $237.56     ($0.52)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     27  162,513   $292.28       $0.98
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   12,584   $280.65       $0.51
171C  Round, eye of round                     50   55,155   $261.74       $4.66
      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.            23   53,476   $302.57       $0.46
182   Loin, sirloin butt
184   Loin, top sirloin butt                  30   64,801   $255.94       $0.46
185A  Loin, bottom sirloin butt flap, bnls.   41  231,072   $288.69     ($1.85)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              52   81,404   $300.60     ($1.80)
112   Rib, ribeye roll, 8-up lbs.             19   77,887   $350.57       $3.28
100% LEAN
      Inside round - Combo                     6   53,364   $308.61     ($0.42)
      Inside round - Boxed                    25  125,047   $310.26       $0.25
      Outside round                            3   30,123   $278.91       
      Eye of round                            21   47,668   $280.70     ($1.40)
      Flats and eyes - Combo                  16  186,650   $280.54     ($1.61)
      Flats and eyes - Boxed                            
      Striploin                               67  274,380   $319.59     ($0.69)
      S.P.B. - Combo                           6   32,787   $278.81     ($4.41)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  114,535   $226.07       $0.98
167A  Round, knuckle, peeled                  39  259,721   $233.20     ($0.89)
190   Loin, tenderloin, 2-3 lbs.              10   21,142   $415.26     ($0.32)
190   Loin, tenderloin, 3-4 lbs.              46  139,530   $478.49      $21.25
190   Loin, tenderloin, 4-5 lbs.             139  206,132   $551.31     ($5.21)
190   Loin, tenderloin, 5-up lbs.             58   44,602   $566.74     ($9.19)
193   Flank, flank steak                      80   75,736   $319.63      $13.32
      Flank, rough                            67  139,443   $242.75       $3.15
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    6,210   $295.09
112   Rib, ribeye roll, 8-10 lbs.             12  129,475   $289.12       $1.36
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.               4   33,720   $286.22       $0.48
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                       6   19,558   $298.01       $0.35
--------------------------------------------------------------------------------
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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