Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 4/12/2019

Past Market Reports

Report Date: 4/12/2019

LM_XB405
Des Moines, IA                 Fri, Apr 12, 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:               $169.17
Change from prior day:              ($0.30)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.04        $121.75       ($0.31)
100% lean inside round                      $271.23          $6.29         $0.01
100% lean, flats and eyes                   $239.48          $5.56         
100% lean, S.P.B.                           $230.76         $11.54         
Chuck Tender                                $237.98          $2.38         
Knuckle                   4-7 lbs.          $233.20          $5.90         $0.01
Tenderloin                2-3 lbs.          $454.21          $2.41         
Tenderloin                3-4 lbs.          $494.61          $3.66       ($0.03)
Ribeye Roll               4-6 lbs.          $248.16          $2.61         
Ribeye Roll               6-8 lbs.          $277.83          $2.06         $0.01
Ribeye Roll               8up lbs.          $288.80          $2.11         
Flank Steak                                 $314.10          $1.32         $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                 20.77  loads --              830,665  pounds
Cutter/Canner Cuts                  2.75  loads --              110,077  pounds
Boner/Breaker/Cutter/Canner        24.31  loads --              972,483  pounds
100% Lean Items                    23.73  loads --              949,349  pounds
Frozen Cuts                         5.31  loads --              212,483  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   17,658   $278.51     ($1.70)
112   Rib, ribeye roll, 8-10 lbs.             32   69,482   $301.08       $0.66
112   Rib, ribeye roll, 10-up lbs.            93  100,115   $315.23     ($0.70)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   25,219   $360.16      $21.14
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%
120   Chuck, brisket                          18   60,695   $222.23     ($0.82)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           14   49,734   $231.03       $1.12
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     26  226,993   $292.71       $0.07
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5    6,637   $247.55       $0.11
171C  Round, eye of round                     36   53,169   $249.22     ($0.76)
      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   44,468   $278.88       $0.74
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  14   21,367   $236.68     ($7.21)
185A  Loin, bottom sirloin butt flap, bnls.   39  123,183   $300.34     ($3.74)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              57  104,507   $277.83       $0.43
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    14  207,152   $270.31       $0.60
      Inside round - Boxed                    32   50,577   $275.02       $0.32
      Outside round
      Eye of round                            21   63,867   $253.86       $0.24
      Flats and eyes - Combo                  11  159,937   $234.11       
      Flats and eyes - Boxed                            
      Striploin                               69  282,004   $337.95       $0.84
      S.P.B. - Combo                          11  158,844   $230.76       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   85,883   $237.98       $0.15
167A  Round, knuckle, peeled                  39  210,261   $233.20       $0.57
190   Loin, tenderloin, 2-3 lbs.              12   51,000   $454.21       
190   Loin, tenderloin, 3-4 lbs.              54  186,839   $494.61     ($4.20)
190   Loin, tenderloin, 4-5 lbs.             125  174,053   $523.59     ($3.06)
190   Loin, tenderloin, 5-up lbs.             53   81,914   $532.26       $3.88
193   Flank, flank steak                      87   93,262   $331.06       $5.75
      Flank, rough                            61   89,271   $255.27       $6.76
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              7   13,933   $278.31    ($11.37)
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.             3   10,080   $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.              11  100,598   $504.08     ($0.21)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   65,007   $289.76       $0.27
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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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