Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 8/23/2018

Past Market Reports

Report Date: 8/23/2018

LM_XB405
Des Moines, IA                 Thu, Aug 23, 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:               $168.14
Change from prior day:              ($1.34)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $209.96        $117.24       ($1.24)
100% lean inside round                      $287.50          $6.67         
100% lean, flats and eyes                   $274.71          $6.37       ($0.01)
100% lean, S.P.B.                           $275.44         $13.77       ($0.03)
Chuck Tender                                $217.68          $2.18         $0.01
Knuckle                   4-7 lbs.          $226.95          $5.74       ($0.05)
Tenderloin                2-3 lbs.          $360.27          $1.91         
Tenderloin                3-4 lbs.          $478.28          $3.54         $0.01
Ribeye Roll               4-6 lbs.          $275.76          $2.90         $0.01
Ribeye Roll               6-8 lbs.          $290.99          $2.15         
Ribeye Roll               8up lbs.          $361.65          $2.64       ($0.03)
Flank Steak                                 $307.81          $1.29       ($0.01)
Kidney, Edible                               $18.33          $0.08         
Fat, inedible                                $17.59          $0.41         
Bone                                          $5.19          $1.25         
--------------------------------------------------------------------------------
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                 17.22  loads --              688,945  pounds
Cutter/Canner Cuts                  3.07  loads --              122,740  pounds
Boner/Breaker/Cutter/Canner        22.56  loads --              902,323  pounds
100% Lean Items                    16.84  loads --              673,411  pounds
Frozen Cuts                         2.22  loads --               88,979  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             36   25,076   $357.99      $18.32
112   Rib, ribeye roll, 10-up lbs.           133   82,890   $383.45     ($1.26)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   30,479   $394.80       $0.88
112A  Rib, ribeye roll-lip-on, 8-up lbs.       5    8,370   $344.79      $12.99
      Chuck, boneless 85%
120   Chuck, brisket                          23   47,597   $212.38       $4.14
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           14   49,739   $214.83     ($4.17)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     16  152,143   $281.81     ($0.40)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   12,624   $280.97       $0.27
171C  Round, eye of round                     26   43,851   $266.67     ($0.83)
      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.            20   32,099   $259.56    ($15.06)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  15   22,071   $249.19       $0.65
185A  Loin, bottom sirloin butt flap, bnls.   32  122,761   $294.54     ($3.00)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   23,102   $270.49       $0.05
112   Rib, ribeye roll, 6-8 lbs.              35   76,916   $290.99       $0.86
112   Rib, ribeye roll, 8-up lbs.             10   22,722   $361.65     ($4.36)
100% LEAN
      Inside round - Combo                    11  123,984   $283.68       $0.27
      Inside round - Boxed                    28   58,500   $295.61     ($0.10)
      Outside round                                     
      Eye of round                            16   34,955   $278.34     ($1.52)
      Flats and eyes - Combo                  14  218,228   $274.13       $0.02
      Flats and eyes - Boxed                            
      Striploin                               75  188,280   $322.97       $3.48
      S.P.B. - Combo                           8   49,464   $275.44     ($0.50)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32   87,967   $217.68       $1.14
167A  Round, knuckle, peeled                  46  294,416   $226.95     ($1.92)
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.              58  106,908   $478.28       $1.26
190   Loin, tenderloin, 4-5 lbs.             129  161,926   $545.93       $2.42
190   Loin, tenderloin, 5-up lbs.             50   41,537   $556.68     ($9.85)
193   Flank, flank steak                      72   73,020   $330.03       $3.16
      Flank, rough                            68  132,230   $237.37     ($0.90)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   20,790   $288.64       $1.26
112   Rib, ribeye roll, 8-10 lbs.              5   23,744   $288.30       $1.08
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.             5    6,200   $323.26
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    9,600   $288.43       
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                       8   23,178   $237.79     ($2.49)
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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
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