Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 9/17/2018

Past Market Reports

Report Date: 9/17/2018

LM_XB405
Des Moines, IA                 Mon, Sep 17, 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:               $163.85
Change from prior day:              ($0.60)
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Item                                          Price          Value        Change
90% lean                                    $206.02        $115.04       ($0.64)
100% lean inside round                      $281.70          $6.54       ($0.02)
100% lean, flats and eyes                   $267.62          $6.21         
100% lean, S.P.B.                           $256.19         $12.81         $0.13
Chuck Tender                                $213.77          $2.14         
Knuckle                   4-7 lbs.          $225.83          $5.71       ($0.02)
Tenderloin                2-3 lbs.          $370.82          $1.97         $0.01
Tenderloin                3-4 lbs.          $461.30          $3.41       ($0.03)
Ribeye Roll               4-6 lbs.          $274.69          $2.88       ($0.04)
Ribeye Roll               6-8 lbs.          $292.86          $2.17         $0.01
Ribeye Roll               8up lbs.          $284.27          $2.08         $0.04
Flank Steak                                 $314.89          $1.32       ($0.01)
Kidney, Edible                               $21.02          $0.10         $0.01
Fat, inedible                                $16.58          $0.38         
Bone                                          $4.56          $1.09       ($0.04)
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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                 20.11  loads --              804,235  pounds
Cutter/Canner Cuts                  3.62  loads --              144,970  pounds
Boner/Breaker/Cutter/Canner        22.75  loads --              909,857  pounds
100% Lean Items                    19.32  loads --              772,777  pounds
Frozen Cuts                         2.05  loads --               82,022  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   12,296   $298.96       $1.06
112   Rib, ribeye roll, 8-10 lbs.             35   68,326   $335.54       $0.53
112   Rib, ribeye roll, 10-up lbs.           124   58,056   $405.02       $1.55
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   12,839   $404.97       $0.98
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   21,596   $344.10     ($1.94)
      Chuck, boneless 85%                               
120   Chuck, brisket                          14   39,579   $213.75     ($0.91)
168   Round, top inside, 10-dn lbs.            4    7,883   $205.61     ($0.58)
168   Round, top inside, 10-up lbs.           11   35,382   $225.94     ($5.37)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     32  353,114   $284.36     ($0.82)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6    9,971   $278.57       $0.05
171C  Round, eye of round                     35   56,690   $268.41     ($1.83)
      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.            13   21,943   $268.06       $0.03
182   Loin, sirloin butt
184   Loin, top sirloin butt                  14   19,946   $246.56     ($1.61)
185A  Loin, bottom sirloin butt flap, bnls.   26   75,119   $298.51    ($14.02)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   24,641   $266.65
112   Rib, ribeye roll, 6-8 lbs.              40  100,939   $292.86       $0.31
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     8   96,498   $279.58       
      Inside round - Boxed                    23  137,997   $283.17     ($1.74)
      Outside round                            3   28,644   $269.33       
      Eye of round                            22   35,643   $272.45     ($0.40)
      Flats and eyes - Combo                  15  133,825   $265.96     ($0.04)
      Flats and eyes - Boxed                            
      Striploin                               90  273,170   $315.73       $1.00
      S.P.B. - Combo                           5   67,000   $256.19       $2.57
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     27   73,588   $213.77     ($0.46)
167A  Round, knuckle, peeled                  42  247,104   $225.83     ($0.59)
190   Loin, tenderloin, 2-3 lbs.              12   29,282   $370.82       $1.95
190   Loin, tenderloin, 3-4 lbs.              60  116,962   $461.30     ($2.96)
190   Loin, tenderloin, 4-5 lbs.             118  161,702   $523.69       $0.24
190   Loin, tenderloin, 5-up lbs.             59   79,170   $568.35       $5.50
193   Flank, flank steak                      68   68,260   $330.05     ($8.14)
      Flank, rough                            74  133,789   $251.97     ($4.15)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    8,640   $296.19     ($0.50)
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.             7   17,895   $299.39       
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                       8   14,999   $245.87       $6.17
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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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