Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 7/3/2018

Past Market Reports

Report Date: 7/3/2018

LM_XB405  **This report will not be published July 4, 2018 due to federal holiday** 
Des Moines, IA                 Tue, Jul 03, 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:               $174.67
Change from prior day:              ($0.77)
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Item                                          Price          Value        Change
90% lean                                    $220.45        $123.10       ($0.55)
100% lean inside round                      $304.69          $7.07       ($0.04)
100% lean, flats and eyes                   $280.74          $6.51       ($0.02)
100% lean, S.P.B.                           $275.34         $13.77         
Chuck Tender                                $226.17          $2.26         $0.01
Knuckle                   4-7 lbs.          $227.20          $5.75       ($0.03)
Tenderloin                2-3 lbs.          $405.27          $2.15         
Tenderloin                3-4 lbs.          $472.06          $3.49       ($0.01)
Ribeye Roll               4-6 lbs.          $260.39          $2.73       ($0.08)
Ribeye Roll               6-8 lbs.          $296.27          $2.19         
Ribeye Roll               8up lbs.          $360.05          $2.63       ($0.03)
Flank Steak                                 $307.56          $1.29       ($0.02)
Kidney, Edible                               $18.50          $0.09         
Fat, inedible                                $16.92          $0.39         
Bone                                          $5.21          $1.25         
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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                 22.27  loads --              890,737  pounds
Cutter/Canner Cuts                  3.66  loads --              146,518  pounds
Boner/Breaker/Cutter/Canner        23.60  loads --              943,840  pounds
100% Lean Items                    17.56  loads --              702,548  pounds
Frozen Cuts                         1.51  loads --               60,528  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    8,920   $292.17       $4.39
112   Rib, ribeye roll, 8-10 lbs.             40   64,542   $339.24       $1.14
112   Rib, ribeye roll, 10-up lbs.           212   66,631   $383.24     ($1.22)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   50,165   $431.28     ($0.76)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       5   11,983   $303.67
      Chuck, boneless 85%                               
120   Chuck, brisket                          29   31,460   $225.91       $1.69
168   Round, top inside, 10-dn lbs.            4    7,167   $205.64       $2.19
168   Round, top inside, 10-up lbs.           13   44,029   $229.57     ($0.18)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     36  387,432   $280.51       $0.53
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5   11,980   $280.88       $0.84
171C  Round, eye of round                     39   52,870   $254.98     ($3.09)
      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.            18   32,859   $290.60    ($10.22)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  23   53,167   $270.70       $4.33
185A  Loin, bottom sirloin butt flap, bnls.   36   53,585   $420.31     ($0.31)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               5   18,147   $260.39       $1.16
112   Rib, ribeye roll, 6-8 lbs.              34   82,135   $296.27       $0.89
112   Rib, ribeye roll, 8-up lbs.             15   46,236   $363.45     ($3.97)
100% LEAN
      Inside round - Combo                    11   67,709   $309.28     ($0.15)
      Inside round - Boxed                    31  120,683   $302.12     ($2.28)
      Outside round
      Eye of round                            16   28,479   $281.83     ($1.68)
      Flats and eyes - Combo                  16  188,215   $280.24     ($0.60)
      Flats and eyes - Boxed                            
      Striploin                               73  230,949   $322.26       $0.03
      S.P.B. - Combo                           4   38,608   $275.34       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35   87,701   $226.17       $0.89
167A  Round, knuckle, peeled                  36  199,891   $227.20     ($1.38)
190   Loin, tenderloin, 2-3 lbs.              15   22,076   $405.27       $0.30
190   Loin, tenderloin, 3-4 lbs.              58   96,564   $472.06     ($0.90)
190   Loin, tenderloin, 4-5 lbs.             135  311,806   $538.74     ($2.71)
190   Loin, tenderloin, 5-up lbs.             88   33,434   $538.97       $5.03
193   Flank, flank steak                      88   89,278   $307.79     ($4.31)
      Flank, rough                            56  103,090   $239.34      $11.01
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   10,700   $302.17       
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.             9   16,600   $309.23     ($3.22)
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                       4    7,700   $304.89       $1.44
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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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