Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 4/10/2019

Past Market Reports

Report Date: 4/10/2019

LM_XB405
Des Moines, IA                 Wed, Apr 10, 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:               $169.27
Change from prior day:                $0.19
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.37        $121.94         $0.16
100% lean inside round                      $268.61          $6.23       ($0.01)
100% lean, flats and eyes                   $240.44          $5.58       ($0.02)
100% lean, S.P.B.                           $230.45         $11.52       ($0.06)
Chuck Tender                                $240.02          $2.40         
Knuckle                   4-7 lbs.          $233.00          $5.89         $0.02
Tenderloin                2-3 lbs.          $465.76          $2.47         $0.05
Tenderloin                3-4 lbs.          $504.32          $3.73         $0.04
Ribeye Roll               4-6 lbs.          $231.63          $2.43         
Ribeye Roll               6-8 lbs.          $282.30          $2.09         $0.02
Ribeye Roll               8up lbs.          $288.80          $2.11         
Flank Steak                                 $309.93          $1.30       ($0.01)
Kidney, Edible                               $18.60          $0.09         
Fat, inedible                                $16.92          $0.39         
Bone                                          $4.59          $1.10         
--------------------------------------------------------------------------------
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                 21.38  loads --              855,152  pounds
Cutter/Canner Cuts                  1.98  loads --               79,213  pounds
Boner/Breaker/Cutter/Canner        25.98  loads --            1,039,179  pounds
100% Lean Items                    26.35  loads --            1,054,063  pounds
Frozen Cuts                         6.62  loads --              264,607  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   10,926   $284.38       $0.82
112   Rib, ribeye roll, 8-10 lbs.             29   59,244   $297.77     ($3.37)
112   Rib, ribeye roll, 10-up lbs.           149   84,763   $322.73     ($0.63)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   41,142   $335.84     ($4.89)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10   63,279   $354.16       $0.14
      Chuck, boneless 85%                               
120   Chuck, brisket                          12   47,464   $222.20       $0.70
168   Round, top inside, 10-dn lbs.            4   14,844   $223.80     ($0.07)
168   Round, top inside, 10-up lbs.           15   55,870   $233.39     ($1.67)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     24  213,174   $291.60     ($0.28)
169A  Round, top inside c-off, 14-up lbs.      3    1,490   $285.50       
171B  Round, outside round                     7   16,065   $224.35       $2.84
171C  Round, eye of round                     35   59,328   $250.69       $0.55
      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.            23   58,865   $278.91     ($8.86)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  12   19,515   $244.72     ($9.90)
185A  Loin, bottom sirloin butt flap, bnls.   40  103,876   $305.01       $3.43
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              45   73,643   $282.30       $2.13
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    18  257,416   $266.83     ($0.50)
      Inside round - Boxed                    34   59,755   $276.26       $2.36
      Outside round
      Eye of round                            27   63,140   $254.23     ($0.56)
      Flats and eyes - Combo                  14  195,374   $236.42     ($0.98)
      Flats and eyes - Boxed                            
      Striploin                               69  287,935   $336.43       $8.52
      S.P.B. - Combo                          11  163,475   $230.45     ($1.14)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     23   84,268   $240.02       $0.12
167A  Round, knuckle, peeled                  44  262,742   $233.00       $1.12
190   Loin, tenderloin, 2-3 lbs.               8   44,867   $465.76       $8.55
190   Loin, tenderloin, 3-4 lbs.              54  166,166   $504.32       $5.36
190   Loin, tenderloin, 4-5 lbs.             130  172,798   $528.95       $0.01
190   Loin, tenderloin, 5-up lbs.             60   60,749   $521.68       $4.92
193   Flank, flank steak                     102  104,938   $325.17     ($4.60)
      Flank, rough                            60  142,651   $237.14       $0.27
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             12   52,839   $275.59       
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   25,120   $318.33     ($0.32)
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.               8   96,579   $504.52       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       9   70,069   $287.09       $2.15
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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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