Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/1/2019

Past Market Reports

Report Date: 3/1/2019

LM_XB405
Des Moines, IA                 Fri, Mar 01, 2019                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:               $164.88
Change from prior day:              ($0.66)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $211.96        $118.36       ($0.56)
100% lean inside round                      $261.81          $6.07       ($0.04)
100% lean, flats and eyes                   $238.54          $5.53       ($0.06)
100% lean, S.P.B.                           $227.99         $11.40        
Chuck Tender                                $228.30          $2.28        
Knuckle                   4-7 lbs.          $233.09          $5.90         $0.02
Tenderloin                2-3 lbs.          $440.22          $2.33        
Tenderloin                3-4 lbs.          $475.62          $3.52         $0.01
Ribeye Roll               4-6 lbs.          $243.22          $2.55       ($0.01)
Ribeye Roll               6-8 lbs.          $280.65          $2.08        
Ribeye Roll               8up lbs.          $285.00          $2.08        
Flank Steak                                 $294.47          $1.24       ($0.02)
Kidney, Edible                               $18.27          $0.08        
Fat, inedible                                $16.25          $0.38        
Bone                                          $4.52          $1.08        
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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                 29.44  loads --            1,177,722  pounds
Cutter/Canner Cuts                  2.36  loads --               94,428  pounds
Boner/Breaker/Cutter/Canner        21.74  loads --              869,745  pounds
100% Lean Items                    21.57  loads --              862,968  pounds
Frozen Cuts                         1.14  loads --               45,505  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   49,620   $293.71     ($3.20)
112   Rib, ribeye roll, 8-10 lbs.             38  103,325   $284.54     ($1.17)
112   Rib, ribeye roll, 10-up lbs.           143  176,289   $309.27       $1.87
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   56,160   $359.12     ($2.02)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   21,382   $330.07    ($21.47)
      Chuck, boneless 85%
120   Chuck, brisket                          29   87,440   $242.10     ($0.19)
168   Round, top inside, 10-dn lbs.            8   29,199   $211.83       $2.87
168   Round, top inside, 10-up lbs.           10   28,204   $216.85     ($9.61)
169A  Round, top inside c-off, 8-10 lbs.               
169A  Round, top inside c-off, 10-14 lbs.     27  217,753   $279.58       $0.06
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     9   61,624   $214.03       $0.96
171C  Round, eye of round                     50   69,031   $255.48       $0.85
      Loin, Semi-Bnls Short Loin, 13-dn lbs.           
      Loin, Semi-Bnls Short Loin, 13-up lbs.           
180   Loin, strip, bnls, 7-9 lbs.              3    4,400   $199.84
180   Loin, strip, bnls, 9-up lbs.            23   40,179   $257.40     ($2.17)
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  23   85,945   $240.22     ($0.28)
185A  Loin, bottom sirloin butt flap, bnls.   39  125,624   $280.84       $1.00
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              44   79,571   $280.65     ($0.09)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    16  181,083   $258.17     ($1.54)
      Inside round - Boxed                    38   77,870   $270.28     ($0.57)
      Outside round                            4   37,557   $231.57      
      Eye of round                            36   50,434   $249.41     ($4.15)
      Flats and eyes - Combo                  13  134,195   $236.41     ($0.32)
      Flats and eyes - Boxed                           
      Striploin                               81  260,890   $310.93       $0.33
      S.P.B. - Combo                           8  120,939   $227.99     ($0.07)
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40   92,686   $228.30       $0.80
167A  Round, knuckle, peeled                  38  158,811   $233.09       $0.56
190   Loin, tenderloin, 2-3 lbs.               8   44,646   $440.22      
190   Loin, tenderloin, 3-4 lbs.              54  135,820   $475.62       $0.67
190   Loin, tenderloin, 4-5 lbs.             111  192,477   $524.92     ($1.49)
190   Loin, tenderloin, 5-up lbs.             53   60,759   $538.11      $11.07
193   Flank, flank steak                      86   95,742   $297.69     ($7.30)
      Flank, rough                            55   88,804   $248.63       $3.18
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3   15,225   $276.41       $0.29
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   14,000   $302.80       $0.80
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    5,400   $244.25      
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.              3      915   $179.00      
193   Flank, flank steak                       3    8,075   $256.34       $0.54
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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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