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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/4/2018

LM_XB405
Des Moines, IA                 Tue, Sep 04, 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:               $168.62
Change from prior day:              ($1.33)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $211.05        $117.85       ($1.53)
100% lean inside round                      $288.23          $6.69       ($0.09)
100% lean, flats and eyes                   $270.95          $6.29       ($0.08)
100% lean, S.P.B.                           $280.00         $14.00         $0.06
Chuck Tender                                $215.51          $2.16       ($0.01)
Knuckle                   4-7 lbs.          $234.51          $5.93         $0.05
Tenderloin                2-3 lbs.          $401.60          $2.13         $0.10
Tenderloin                3-4 lbs.          $493.33          $3.65         $0.15
Ribeye Roll               4-6 lbs.          $266.33          $2.80         $0.01
Ribeye Roll               6-8 lbs.          $289.97          $2.15       ($0.01)
Ribeye Roll               8up lbs.          $277.07          $2.02        
Flank Steak                                 $329.13          $1.38         $0.04
Kidney, Edible                               $18.33          $0.08        
Fat, inedible                                $16.58          $0.38       ($0.02)
Bone                                          $4.62          $1.11        
--------------------------------------------------------------------------------
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                 12.16  loads --              486,403  pounds
Cutter/Canner Cuts                  4.35  loads --              174,026  pounds
Boner/Breaker/Cutter/Canner        14.28  loads --              571,250  pounds
100% Lean Items                    15.91  loads --              636,454  pounds
Frozen Cuts                         1.82  loads --               72,918  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.             32   29,787   $349.53      $14.51
112   Rib, ribeye roll, 10-up lbs.           168   46,149   $405.28      $10.98
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   26,291   $395.16      $10.85
112A  Rib, ribeye roll-lip-on, 8-up lbs.       5    8,576   $397.53       $5.99
      Chuck, boneless 85%                              
120   Chuck, brisket                          20   22,390   $227.08       $5.37
168   Round, top inside, 10-dn lbs.            4    7,883   $208.80     ($0.20)
168   Round, top inside, 10-up lbs.
169A  Round, top inside c-off, 8-10 lbs.               
169A  Round, top inside c-off, 10-14 lbs.     15  137,228   $290.92     ($5.50)
169A  Round, top inside c-off, 14-up lbs.      3    7,824   $288.33
171B  Round, outside round                     6   10,595   $280.39     ($0.30)
171C  Round, eye of round                     37   57,788   $253.37     ($8.13)
      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.            12   14,241   $285.81       $2.65
182   Loin, sirloin butt
184   Loin, top sirloin butt                  11    9,615   $247.27     ($5.04)
185A  Loin, bottom sirloin butt flap, bnls.   31   90,695   $306.14      $20.53
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   33,027   $266.08       $0.48
112   Rib, ribeye roll, 6-8 lbs.              30  121,150   $289.97     ($1.53)
112   Rib, ribeye roll, 8-up lbs.              3   19,849   $277.07       $0.06
100% LEAN
      Inside round - Combo                    11   92,519   $283.91     ($4.40)
      Inside round - Boxed                    28   66,516   $294.23     ($0.86)
      Outside round                                    
      Eye of round                            18   14,663   $274.14     ($4.16)
      Flats and eyes - Combo                  12  119,096   $270.56     ($2.53)
      Flats and eyes - Boxed                           
      Striploin                               70  333,660   $313.42     ($0.21)
      S.P.B. - Combo
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     20   61,327   $215.51     ($1.19)
167A  Round, knuckle, peeled                  31  140,616   $234.51       $1.99
190   Loin, tenderloin, 2-3 lbs.               4   11,324   $401.60      $17.88
190   Loin, tenderloin, 3-4 lbs.              39   59,834   $495.23      $20.64
190   Loin, tenderloin, 4-5 lbs.             111  116,573   $533.00       $5.42
190   Loin, tenderloin, 5-up lbs.             55   61,002   $540.96       $5.94
193   Flank, flank steak                      50   50,843   $337.73      $11.77
      Flank, rough                            53   69,731   $249.95     ($2.54)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   46,200   $293.17
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.
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    5,512   $249.75     ($0.57)
--------------------------------------------------------------------------------
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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