Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 8/29/2018

Past Market Reports

Report Date: 8/29/2018

LM_XB405
Des Moines, IA                 Wed, Aug 29, 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:               $167.08
Change from prior day:              ($0.21)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $209.03        $116.72         $0.05
100% lean inside round                      $288.85          $6.70         $0.07
100% lean, flats and eyes                   $276.00          $6.40         $0.04
100% lean, S.P.B.                           $279.04         $13.95         $0.22
Chuck Tender                                $216.97          $2.17       ($0.01)
Knuckle                   4-7 lbs.          $230.25          $5.83         $0.09
Tenderloin                2-3 lbs.          $359.68          $1.91         
Tenderloin                3-4 lbs.          $475.58          $3.52         $0.08
Ribeye Roll               4-6 lbs.          $271.05          $2.85       ($0.03)
Ribeye Roll               6-8 lbs.          $288.29          $2.13       ($0.04)
Ribeye Roll               8up lbs.          $274.82          $2.01       ($0.67)
Flank Steak                                 $309.84          $1.30       ($0.01)
Kidney, Edible                               $18.33          $0.08         
Fat, inedible                                $17.25          $0.40         
Bone                                          $4.64          $1.11         
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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                 18.24  loads --              729,620  pounds
Cutter/Canner Cuts                  2.91  loads --              116,289  pounds
Boner/Breaker/Cutter/Canner        19.70  loads --              788,189  pounds
100% Lean Items                    14.76  loads --              590,350  pounds
Frozen Cuts                         1.89  loads --               75,665  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   15,680   $287.41       $0.82
112   Rib, ribeye roll, 8-10 lbs.             37   39,823   $342.75       $2.17
112   Rib, ribeye roll, 10-up lbs.           158   70,504   $382.63     ($0.66)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   41,406   $381.57     ($4.22)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       3    3,936   $403.10      $38.50
      Chuck, boneless 85%                               
120   Chuck, brisket                          25   49,173   $218.02       $2.74
168   Round, top inside, 10-dn lbs.            5   11,968   $210.60     ($0.11)
168   Round, top inside, 10-up lbs.           13   43,257   $217.28       $2.17
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     20  132,212   $298.00       $0.60
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4    7,358   $280.64     ($0.84)
171C  Round, eye of round                     34   51,773   $257.25       $0.71
      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   51,453   $251.89     ($1.16)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  20   34,851   $253.15       $0.13
185A  Loin, bottom sirloin butt flap, bnls.   39  166,773   $283.03     ($4.77)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              38   87,344   $288.29     ($4.49)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     8   67,767   $284.34       $2.56
      Inside round - Boxed                    24   57,371   $294.18     ($4.00)
      Outside round                                     
      Eye of round                            25   62,767   $278.50     ($0.18)
      Flats and eyes - Combo                  11  109,771   $274.57       $2.13
      Flats and eyes - Boxed                            
      Striploin                               75  260,282   $317.90     ($1.97)
      S.P.B. - Combo                           8   32,392   $279.04       $4.48
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   81,661   $216.97     ($1.07)
167A  Round, knuckle, peeled                  41  195,075   $230.25       $3.48
190   Loin, tenderloin, 2-3 lbs.               4    6,602   $359.68       
190   Loin, tenderloin, 3-4 lbs.              54   88,528   $475.58      $10.20
190   Loin, tenderloin, 4-5 lbs.             115  173,230   $531.39     ($2.53)
190   Loin, tenderloin, 5-up lbs.             67   56,820   $551.03     ($0.34)
193   Flank, flank steak                      87   82,947   $326.65     ($0.94)
      Flank, rough                            59  103,326   $250.77       $2.27
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   11,610   $291.63       
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.             6    9,600   $320.88       
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.               3   11,150   $507.17       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8   18,995   $236.47     ($2.25)
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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
1530C
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