Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/27/2019

Past Market Reports

Report Date: 3/27/2019

LM_XB405
Des Moines, IA                 Wed, Mar 27, 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:               $168.44
Change from prior day:              ($0.23)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.37        $121.38       ($0.26)
100% lean inside round                      $265.76          $6.17         $0.08
100% lean, flats and eyes                   $239.38          $5.55       ($0.04)
100% lean, S.P.B.                           $228.53         $11.43       ($0.01)
Chuck Tender                                $240.39          $2.40         $0.01
Knuckle                   4-7 lbs.          $233.43          $5.91         
Tenderloin                2-3 lbs.          $449.49          $2.38         
Tenderloin                3-4 lbs.          $488.56          $3.62         $0.12
Ribeye Roll               4-6 lbs.          $249.45          $2.62       ($0.14)
Ribeye Roll               6-8 lbs.          $273.02          $2.02       ($0.05)
Ribeye Roll               8up lbs.          $285.10          $2.08         $0.08
Flank Steak                                 $312.14          $1.31       ($0.02)
Kidney, Edible                               $17.75          $0.08         
Fat, inedible                                $16.25          $0.38         
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                 28.67  loads --            1,146,911  pounds
Cutter/Canner Cuts                  3.14  loads --              125,504  pounds
Boner/Breaker/Cutter/Canner        26.75  loads --            1,069,932  pounds
100% Lean Items                    21.12  loads --              844,863  pounds
Frozen Cuts                         3.49  loads --              139,569  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   22,560   $276.66     ($4.51)
112   Rib, ribeye roll, 8-10 lbs.             35   70,214   $294.19     ($0.44)
112   Rib, ribeye roll, 10-up lbs.           110  149,867   $316.09       $1.24
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   40,983   $363.93       $2.48
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   57,541   $398.88       $5.74
      Chuck, boneless 85%                               
120   Chuck, brisket                          34   96,841   $225.67       $2.37
168   Round, top inside, 10-dn lbs.            3   10,824   $226.25     ($0.11)
168   Round, top inside, 10-up lbs.           13   64,798   $232.56       $0.29
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     18  170,188   $291.60       $0.14
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     8   46,894   $230.17       $2.33
171C  Round, eye of round                     38   78,789   $249.16     ($0.71)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              9    4,994   $227.89       
180   Loin, strip, bnls, 9-up lbs.            25  111,887   $254.70       $0.88
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  18   34,704   $230.78       $0.92
185A  Loin, bottom sirloin butt flap, bnls.   31  175,685   $284.58       $2.48
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              37  122,643   $273.02     ($6.89)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    11  146,633   $258.52     ($0.28)
      Inside round - Boxed                    35   92,356   $277.25       $2.23
      Outside round
      Eye of round                            20   38,661   $256.61       $2.11
      Flats and eyes - Combo                  15  143,842   $235.01     ($3.57)
      Flats and eyes - Boxed                            
      Striploin                               71  213,898   $328.59       $0.04
      S.P.B. - Combo                          10  179,594   $228.53     ($0.37)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32   95,924   $240.39       $1.12
167A  Round, knuckle, peeled                  36  385,427   $233.43     ($0.24)
190   Loin, tenderloin, 2-3 lbs.              11   50,358   $449.49     ($0.39)
190   Loin, tenderloin, 3-4 lbs.              41  117,495   $488.56      $16.27
190   Loin, tenderloin, 4-5 lbs.             110  155,780   $537.41     ($3.86)
190   Loin, tenderloin, 5-up lbs.             43   68,586   $537.66       $1.50
193   Flank, flank steak                      91  105,929   $319.32     ($4.93)
      Flank, rough                            55   90,433   $245.69       $1.04
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6   82,283   $281.56     ($0.68)
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.             8   22,210   $311.92     ($6.50)
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   10,536   $434.71    ($21.79)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       7   15,480   $262.95       $3.48
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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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