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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/20/2018

LM_XB405
Des Moines, IA                 Fri, Jul 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:               $176.08
Change from prior day:                $1.11
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.60        $123.74         $1.40
100% lean inside round                      $309.85          $7.19         
100% lean, flats and eyes                   $282.45          $6.55         
100% lean, S.P.B.                           $278.06         $13.90         
Chuck Tender                                $231.65          $2.32         
Knuckle                   4-7 lbs.          $235.57          $5.96         
Tenderloin                2-3 lbs.          $405.84          $2.15       ($0.05)
Tenderloin                3-4 lbs.          $467.20          $3.46       ($0.07)
Ribeye Roll               4-6 lbs.          $281.31          $2.95       ($0.05)
Ribeye Roll               6-8 lbs.          $299.56          $2.22       ($0.01)
Ribeye Roll               8up lbs.          $353.00          $2.58       ($0.11)
Flank Steak                                 $308.26          $1.29         
Kidney, Edible                               $19.00          $0.09         
Fat, inedible                                $17.59          $0.41         
Bone                                          $5.28          $1.27         
--------------------------------------------------------------------------------
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                 19.13  loads --              765,140  pounds
Cutter/Canner Cuts                  3.08  loads --              123,396  pounds
Boner/Breaker/Cutter/Canner        17.49  loads --              699,541  pounds
100% Lean Items                    17.08  loads --              683,106  pounds
Frozen Cuts                         2.08  loads --               83,017  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    7,180   $288.77     ($0.97)
112   Rib, ribeye roll, 8-10 lbs.             37   87,575   $338.83       $0.35
112   Rib, ribeye roll, 10-up lbs.           148   53,163   $383.78       $1.46
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   11,580   $411.57       $0.12
112A  Rib, ribeye roll-lip-on, 8-up lbs.       3    3,538   $420.66       $5.77
      Chuck, boneless 85%                               
120   Chuck, brisket                          18   54,799   $207.68       $0.24
168   Round, top inside, 10-dn lbs.            4   13,904   $203.16     ($2.38)
168   Round, top inside, 10-up lbs.           18   40,163   $232.17     ($2.21)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     24  204,984   $294.64       $1.11
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6    8,683   $280.63       $0.22
171C  Round, eye of round                     47   45,900   $249.27       $0.75
      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.            22   63,469   $294.95       $1.46
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  16   31,910   $271.43       $0.15
185A  Loin, bottom sirloin butt flap, bnls.   40  129,075   $304.83       $4.40
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              34   95,544   $299.56     ($1.38)
112   Rib, ribeye roll, 8-up lbs.              9   20,492   $353.00    ($15.07)
100% LEAN
      Inside round - Combo                     9   61,950   $308.42     ($0.03)
      Inside round - Boxed                    23   32,886   $312.53       $0.36
      Outside round
      Eye of round                            23   49,185   $282.97     ($0.38)
      Flats and eyes - Combo                  16  142,436   $281.22       $0.04
      Flats and eyes - Boxed                            
      Striploin                               76  327,109   $319.87     ($0.08)
      S.P.B. - Combo                           9   42,482   $278.06       $0.02
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     18   34,137   $231.65       $0.02
167A  Round, knuckle, peeled                  33  158,758   $235.57       $0.11
190   Loin, tenderloin, 2-3 lbs.               7   12,738   $405.84     ($9.47)
190   Loin, tenderloin, 3-4 lbs.              44   63,772   $469.09     ($8.49)
190   Loin, tenderloin, 4-5 lbs.             105  173,022   $536.25       $2.89
190   Loin, tenderloin, 5-up lbs.             65   27,390   $547.49     ($4.02)
193   Flank, flank steak                      73   79,776   $318.14       $1.09
      Flank, rough                            60  149,948   $230.43       $0.01
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.             9   34,119   $301.31     ($0.64)
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.               3    3,279   $430.34
190   Loin, tenderloin, 4-5 lbs.               4   15,074   $465.00
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       4   18,035   $264.57       
--------------------------------------------------------------------------------
Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
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