Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 9/12/2018

Past Market Reports

Report Date: 9/12/2018

LM_XB405
Des Moines, IA                 Wed, Sep 12, 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
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Current-Cutout Value:               $163.21
Change from prior day:              ($1.63)
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Item                                          Price          Value        Change
90% lean                                    $202.96        $113.33       ($1.86)
100% lean inside round                      $283.53          $6.58         $0.03
100% lean, flats and eyes                   $271.50          $6.30         $0.03
100% lean, S.P.B.                           $268.68         $13.43         $0.09
Chuck Tender                                $216.85          $2.17         
Knuckle                   4-7 lbs.          $231.38          $5.85       ($0.03)
Tenderloin                2-3 lbs.          $368.89          $1.96         $0.09
Tenderloin                3-4 lbs.          $472.84          $3.50         $0.03
Ribeye Roll               4-6 lbs.          $285.71          $3.00         
Ribeye Roll               6-8 lbs.          $290.39          $2.15         
Ribeye Roll               8up lbs.          $275.86          $2.01         
Flank Steak                                 $315.68          $1.33       ($0.01)
Kidney, Edible                               $18.67          $0.09         
Fat, inedible                                $16.58          $0.38         
Bone                                          $4.71          $1.13         
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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                 15.63  loads --              625,370  pounds
Cutter/Canner Cuts                  2.97  loads --              118,985  pounds
Boner/Breaker/Cutter/Canner        20.32  loads --              812,875  pounds
100% Lean Items                    18.79  loads --              751,455  pounds
Frozen Cuts                         1.87  loads --               74,967  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8    5,886   $311.33      $15.01
112   Rib, ribeye roll, 8-10 lbs.             41   65,773   $334.15     ($3.57)
112   Rib, ribeye roll, 10-up lbs.           107   46,442   $398.11     ($3.97)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   13,529   $403.28       $0.96
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   23,298   $353.74       $1.88
      Chuck, boneless 85%                               
120   Chuck, brisket                          12   29,243   $213.70    ($20.46)
168   Round, top inside, 10-dn lbs.            6   10,411   $208.97       $0.33
168   Round, top inside, 10-up lbs.           10   29,342   $227.62     ($0.93)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     22  207,791   $287.77     ($0.41)
169A  Round, top inside c-off, 14-up lbs.      3    4,456   $288.58       
171B  Round, outside round                     6   10,018   $279.90       $0.25
171C  Round, eye of round                     35   53,587   $266.15       $3.46
      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.            17   23,519   $265.94       $0.19
182   Loin, sirloin butt
184   Loin, top sirloin butt                  14   27,312   $250.66     ($0.69)
185A  Loin, bottom sirloin butt flap, bnls.   38   66,364   $322.44       $6.91
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              52  102,750   $290.39     ($0.49)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7   93,794   $279.91       $0.52
      Inside round - Boxed                    28  148,110   $285.83     ($1.14)
      Outside round                            3   27,918   $273.67     ($0.41)
      Eye of round                            24   34,332   $272.65       $0.13
      Flats and eyes - Combo                  14  146,707   $270.81       $1.36
      Flats and eyes - Boxed                            
      Striploin                               99  257,479   $319.56       $2.30
      S.P.B. - Combo                           8   43,115   $268.68       $1.93
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   76,855   $216.85       $0.07
167A  Round, knuckle, peeled                  48  162,981   $231.38     ($1.00)
190   Loin, tenderloin, 2-3 lbs.              11   23,060   $368.89      $16.06
190   Loin, tenderloin, 3-4 lbs.              61  117,308   $472.84       $3.77
190   Loin, tenderloin, 4-5 lbs.             127  186,169   $527.87    ($11.24)
190   Loin, tenderloin, 5-up lbs.             62   47,894   $569.37     ($6.04)
193   Flank, flank steak                      83   88,473   $333.45       $0.21
      Flank, rough                            70  110,135   $253.13     ($4.80)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    4,050   $296.33       
112   Rib, ribeye roll, 8-10 lbs.              3    5,075   $334.28      $14.86
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.             7   24,965   $300.14     ($3.63)
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    7,938   $523.56       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5   17,759   $227.13       $0.87
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Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines,