Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 6/20/2018

Past Market Reports

Report Date: 6/20/2018

LM_XB405
Des Moines, IA                 Wed, Jun 20, 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:               $175.22
Change from prior day:              ($0.97)
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Item                                          Price          Value        Change
90% lean                                    $220.14        $122.93       ($0.89)
100% lean inside round                      $314.02          $7.29         $0.10
100% lean, flats and eyes                   $280.37          $6.50         
100% lean, S.P.B.                           $278.67         $13.93       ($0.01)
Chuck Tender                                $226.36          $2.26         
Knuckle                   4-7 lbs.          $231.01          $5.84       ($0.06)
Tenderloin                2-3 lbs.          $398.57          $2.11       ($0.09)
Tenderloin                3-4 lbs.          $485.07          $3.59         $0.05
Ribeye Roll               4-6 lbs.          $283.19          $2.97       ($0.01)
Ribeye Roll               6-8 lbs.          $300.02          $2.22         
Ribeye Roll               8up lbs.          $344.41          $2.51       ($0.05)
Flank Steak                                 $311.68          $1.31       ($0.01)
Kidney, Edible                               $18.13          $0.08         
Fat, inedible                                $16.42          $0.38         
Bone                                          $5.42          $1.30         
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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                 22.63  loads --              905,185  pounds
Cutter/Canner Cuts                  3.43  loads --              137,357  pounds
Boner/Breaker/Cutter/Canner        26.91  loads --            1,076,466  pounds
100% Lean Items                    18.88  loads --              755,187  pounds
Frozen Cuts                         2.37  loads --               94,705  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   15,330   $281.64       $1.58
112   Rib, ribeye roll, 8-10 lbs.             53   64,544   $321.87       $5.18
112   Rib, ribeye roll, 10-up lbs.           149   82,165   $382.23     ($2.93)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   11,248   $456.72     ($1.21)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       5    6,673   $456.03      $27.12
      Chuck, boneless 85%                               
120   Chuck, brisket                          25   59,673   $229.16       $1.50
168   Round, top inside, 10-dn lbs.            3    9,317   $210.96       
168   Round, top inside, 10-up lbs.            9   33,134   $237.54     ($0.02)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     24  196,011   $291.67     ($0.61)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   12,584   $280.65       
171C  Round, eye of round                     32   49,691   $270.26       $8.52
      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.            26   49,028   $308.87       $6.30
182   Loin, sirloin butt
184   Loin, top sirloin butt                  27   58,426   $260.24       $4.30
185A  Loin, bottom sirloin butt flap, bnls.   42  228,429   $295.19       $6.50
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   11,396   $274.22
112   Rib, ribeye roll, 6-8 lbs.              46   62,819   $300.02     ($0.58)
112   Rib, ribeye roll, 8-up lbs.             19   63,142   $344.41     ($6.16)
100% LEAN
      Inside round - Combo                     7   38,471   $310.77       $2.16
      Inside round - Boxed                    24   42,094   $316.99       $6.73
      Outside round                            3   33,498   $275.36     ($3.55)
      Eye of round                            23   45,604   $280.41     ($0.29)
      Flats and eyes - Combo                  20  215,019   $281.14       $0.60
      Flats and eyes - Boxed                            
      Striploin                               77  349,714   $320.86       $1.27
      S.P.B. - Combo                           5   30,787   $278.67     ($0.14)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     37  124,417   $226.36       $0.29
167A  Round, knuckle, peeled                  45  313,410   $231.01     ($2.19)
190   Loin, tenderloin, 2-3 lbs.              10   16,678   $398.57    ($16.69)
190   Loin, tenderloin, 3-4 lbs.              48  140,165   $485.07       $6.58
190   Loin, tenderloin, 4-5 lbs.             132  197,122   $553.92       $2.61
190   Loin, tenderloin, 5-up lbs.             65   71,880   $569.88       $3.14
193   Flank, flank steak                      85   75,905   $316.00     ($3.63)
      Flank, rough                            67  136,889   $242.92       $0.17
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   19,475   $301.08      $11.96
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.             4   14,440   $317.57     ($1.95)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   33,720   $286.22       
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   18,975   $294.39     ($3.62)
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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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