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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/11/2018

LM_XB405
Des Moines, IA                 Wed, Jul 11, 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:               $175.56
Change from prior day:              ($0.18)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.46        $122.55       ($0.22)
100% lean inside round                      $306.51          $7.11       ($0.01)
100% lean, flats and eyes                   $283.82          $6.58         $0.02
100% lean, S.P.B.                           $286.04         $14.30         
Chuck Tender                                $228.28          $2.28       ($0.01)
Knuckle                   4-7 lbs.          $232.52          $5.88         $0.04
Tenderloin                2-3 lbs.          $420.59          $2.23         
Tenderloin                3-4 lbs.          $507.25          $3.75       ($0.06)
Ribeye Roll               4-6 lbs.          $280.15          $2.94       ($0.02)
Ribeye Roll               6-8 lbs.          $297.99          $2.21         $0.02
Ribeye Roll               8up lbs.          $366.99          $2.68         $0.04
Flank Steak                                 $314.38          $1.32         $0.02
Kidney, Edible                               $16.63          $0.08         
Fat, inedible                                $16.92          $0.39         
Bone                                          $5.23          $1.26         
--------------------------------------------------------------------------------
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                 17.32  loads --              692,902  pounds
Cutter/Canner Cuts                  3.54  loads --              141,653  pounds
Boner/Breaker/Cutter/Canner        22.44  loads --              897,442  pounds
100% Lean Items                    18.51  loads --              740,559  pounds
Frozen Cuts                         1.16  loads --               46,378  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    5,890   $283.04
112   Rib, ribeye roll, 8-10 lbs.             38   49,832   $335.24       $0.23
112   Rib, ribeye roll, 10-up lbs.            77   62,017   $393.79     ($2.11)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   34,199   $440.30     ($8.47)
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                               
120   Chuck, brisket                          16   40,698   $220.02     ($6.24)
168   Round, top inside, 10-dn lbs.            5    7,311   $207.34       
168   Round, top inside, 10-up lbs.           16   40,613   $225.47     ($1.16)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     26  228,130   $287.86       $0.85
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     7   11,450   $280.52     ($0.27)
171C  Round, eye of round                     43   56,462   $267.37     ($0.63)
      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.            11   25,766   $288.98     ($0.08)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  16   18,056   $278.93     ($3.05)
185A  Loin, bottom sirloin butt flap, bnls.   38   97,329   $339.41    ($12.04)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               5   21,436   $273.75       $2.86
112   Rib, ribeye roll, 6-8 lbs.              50   83,272   $297.99       $1.39
112   Rib, ribeye roll, 8-up lbs.             14   36,945   $366.99       $5.19
100% LEAN
      Inside round - Combo                    14  117,481   $308.21     ($1.15)
      Inside round - Boxed                    24  108,951   $304.67       $0.38
      Outside round                            3   27,257   $280.98       
      Eye of round                            22   34,005   $281.47     ($0.07)
      Flats and eyes - Combo                  19  182,639   $284.68       $1.42
      Flats and eyes - Boxed                            
      Striploin                               86  260,221   $328.05       $0.18
      S.P.B. - Combo
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32   82,000   $228.28     ($1.02)
167A  Round, knuckle, peeled                  46  281,249   $232.52       $1.59
190   Loin, tenderloin, 2-3 lbs.               6   17,172   $420.59       
190   Loin, tenderloin, 3-4 lbs.              49   82,119   $507.25     ($7.50)
190   Loin, tenderloin, 4-5 lbs.             144  186,839   $547.12       $2.41
190   Loin, tenderloin, 5-up lbs.             35   60,437   $545.14      $10.28
193   Flank, flank steak                      73   62,946   $317.79       $5.65
      Flank, rough                            69  124,680   $233.75     ($0.35)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
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.
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   24,518   $285.75       
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    6,970   $283.53       $0.53
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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
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