Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 6/22/2018

Past Market Reports

Report Date: 6/22/2018

LM_XB405
Des Moines, IA                 Fri, Jun 22, 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:               $176.02
Change from prior day:                $0.16
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Item                                          Price          Value        Change
90% lean                                    $221.35        $123.60         
100% lean inside round                      $314.44          $7.29         $0.01
100% lean, flats and eyes                   $279.85          $6.49         
100% lean, S.P.B.                           $278.72         $13.94         $0.01
Chuck Tender                                $228.30          $2.28         $0.01
Knuckle                   4-7 lbs.          $230.12          $5.82         $0.01
Tenderloin                2-3 lbs.          $418.64          $2.22         $0.08
Tenderloin                3-4 lbs.          $479.69          $3.55         $0.02
Ribeye Roll               4-6 lbs.          $285.67          $3.00         
Ribeye Roll               6-8 lbs.          $298.71          $2.21         
Ribeye Roll               8up lbs.          $348.24          $2.54         $0.03
Flank Steak                                 $313.68          $1.32       ($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                 21.34  loads --              853,512  pounds
Cutter/Canner Cuts                  3.29  loads --              131,422  pounds
Boner/Breaker/Cutter/Canner        23.41  loads --              936,477  pounds
100% Lean Items                    20.01  loads --              800,331  pounds
Frozen Cuts                         2.03  loads --               81,209  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   16,030   $283.10       
112   Rib, ribeye roll, 8-10 lbs.             37   48,685   $323.53       $2.29
112   Rib, ribeye roll, 10-up lbs.           151   81,986   $379.78     ($1.63)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   14,878   $452.91     ($0.94)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       6    8,482   $452.50      $19.60
      Chuck, boneless 85%
120   Chuck, brisket                          32   69,292   $223.76     ($5.26)
168   Round, top inside, 10-dn lbs.            6   15,408   $209.13     ($3.28)
168   Round, top inside, 10-up lbs.            8   33,686   $238.52       $1.15
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     19  180,813   $291.36       $0.27
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   13,215   $280.88     ($0.08)
171C  Round, eye of round                     29   54,405   $274.15       $0.16
      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.            16   40,123   $310.06       $1.65
182   Loin, sirloin butt
184   Loin, top sirloin butt                  24   43,088   $267.26       $3.86
185A  Loin, bottom sirloin butt flap, bnls.   34  174,227   $295.34       $3.13
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.              39   65,645   $298.71     ($0.21)
112   Rib, ribeye roll, 8-up lbs.             20   54,381   $348.24       $3.86
100% LEAN
      Inside round - Combo                     8   55,845   $315.34       $1.16
      Inside round - Boxed                    30   64,665   $313.66     ($0.02)
      Outside round                            3   46,158   $272.44       
      Eye of round                            28   42,092   $279.13     ($0.69)
      Flats and eyes - Combo                  18  176,307   $281.97       $0.52
      Flats and eyes - Boxed                            
      Striploin                               78  384,454   $320.70       $0.04
      S.P.B. - Combo                           7   30,810   $278.72       $0.04
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   77,204   $228.30       $1.72
167A  Round, knuckle, peeled                  46  332,474   $230.12       $0.47
190   Loin, tenderloin, 2-3 lbs.               7   12,553   $418.64      $14.36
190   Loin, tenderloin, 3-4 lbs.              46  118,217   $486.54       $3.42
190   Loin, tenderloin, 4-5 lbs.             128  158,047   $546.77       $1.01
190   Loin, tenderloin, 5-up lbs.             56   54,536   $570.58       $2.58
193   Flank, flank steak                      84   73,285   $314.36     ($2.76)
      Flank, rough                            60  110,161   $242.16       $0.72
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   15,120   $292.88     ($1.63)
112   Rib, ribeye roll, 8-10 lbs.              7   20,080   $301.12       
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   16,400   $317.02       $0.22
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   13,646   $310.02     ($2.00)
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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-grai