Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

1. Cattle.com
2. Market Reports
3. Iowa
4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/21/2019

Past Market Reports

Report Date: 3/21/2019

LM_XB405
Des Moines, IA                 Thu, Mar 21, 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:               $168.68
Change from prior day:                $0.14
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.84        $121.64         $0.33
100% lean inside round                      $266.27          $6.18       ($0.01)
100% lean, flats and eyes                   $242.30          $5.62       ($0.04)
100% lean, S.P.B.                           $233.22         $11.66       ($0.04)
Chuck Tender                                $237.27          $2.37         $0.01
Knuckle                   4-7 lbs.          $236.63          $5.99         
Tenderloin                2-3 lbs.          $443.19          $2.35       ($0.02)
Tenderloin                3-4 lbs.          $451.69          $3.34       ($0.04)
Ribeye Roll               4-6 lbs.          $244.00          $2.56         
Ribeye Roll               6-8 lbs.          $280.33          $2.07       ($0.03)
Ribeye Roll               8up lbs.          $276.48          $2.02         
Flank Steak                                 $306.73          $1.29       ($0.02)
Kidney, Edible                               $18.80          $0.09         
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.65          $1.12         
--------------------------------------------------------------------------------
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                 18.93  loads --              757,284  pounds
Cutter/Canner Cuts                  2.48  loads --               99,201  pounds
Boner/Breaker/Cutter/Canner        21.70  loads --              868,004  pounds
100% Lean Items                    19.81  loads --              792,418  pounds
Frozen Cuts                         5.11  loads --              204,325  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   26,735   $286.53     ($9.20)
112   Rib, ribeye roll, 8-10 lbs.             26   31,822   $295.20       $4.73
112   Rib, ribeye roll, 10-up lbs.           122   79,226   $313.81     ($0.67)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   37,223   $360.54       $0.10
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   43,400   $381.94       $0.34
      Chuck, boneless 85%                               
120   Chuck, brisket                          20   62,916   $225.34       $0.75
168   Round, top inside, 10-dn lbs.            4   11,043   $228.60       
168   Round, top inside, 10-up lbs.           14   51,344   $234.52     ($1.86)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     14   85,224   $290.89       $1.59
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   15,957   $228.96       $2.43
171C  Round, eye of round                     49  123,399   $248.69     ($1.07)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              6    4,517   $229.16       $0.33
180   Loin, strip, bnls, 9-up lbs.            27   70,675   $244.82     ($0.55)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  14   20,080   $245.56       $2.08
185A  Loin, bottom sirloin butt flap, bnls.   28   86,247   $287.81    ($13.65)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              31   83,729   $280.33     ($2.90)
112   Rib, ribeye roll, 8-up lbs.              4    8,746   $276.48       $0.09
100% LEAN
      Inside round - Combo                     6   83,219   $260.60     ($1.87)
      Inside round - Boxed                    33   41,360   $277.70     ($0.20)
      Outside round
      Eye of round                            21   48,502   $257.44       $0.06
      Flats and eyes - Combo                  14  155,589   $238.46     ($2.51)
      Flats and eyes - Boxed                            
      Striploin                               64  286,568   $322.79       $2.40
      S.P.B. - Combo                           9  158,759   $233.22     ($0.86)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   94,841   $237.27       $1.28
167A  Round, knuckle, peeled                  32  231,886   $236.63     ($0.21)
190   Loin, tenderloin, 2-3 lbs.              10   35,004   $443.19     ($3.17)
190   Loin, tenderloin, 3-4 lbs.              43  108,667   $451.69     ($4.92)
190   Loin, tenderloin, 4-5 lbs.             113  159,294   $535.28     ($0.37)
190   Loin, tenderloin, 5-up lbs.             51   29,970   $526.35    ($19.08)
193   Flank, flank steak                      77   86,181   $315.89     ($9.51)
      Flank, rough                            71  122,161   $240.71       $0.09
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   14,882   $285.73     ($1.82)
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   18,480   $318.00
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.               7   88,372   $422.16     ($3.46)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5   25,610   $275.91       $1.88
--------------------------------------------------------------------------------
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

.