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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/22/2019

LM_XB405
Des Moines, IA                 Mon, Apr 22, 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:               $170.74
Change from prior day:                $0.80
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.64        $123.21         $0.37
100% lean inside round                      $273.58          $6.35       ($0.03)
100% lean, flats and eyes                   $239.29          $5.55         
100% lean, S.P.B.                           $230.63         $11.53         $0.07
Chuck Tender                                $239.03          $2.39         
Knuckle                   4-7 lbs.          $232.47          $5.88         
Tenderloin                2-3 lbs.          $471.15          $2.50         $0.09
Tenderloin                3-4 lbs.          $498.20          $3.69         $0.27
Ribeye Roll               4-6 lbs.          $248.37          $2.61         
Ribeye Roll               6-8 lbs.          $273.49          $2.02         $0.01
Ribeye Roll               8up lbs.          $289.03          $2.11         
Flank Steak                                 $310.61          $1.30       ($0.04)
Kidney, Edible                               $17.75          $0.08       ($0.01)
Fat, inedible                                $17.59          $0.41         $0.01
Bone                                          $4.61          $1.11         $0.06
--------------------------------------------------------------------------------
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                 25.33  loads --            1,013,339  pounds
Cutter/Canner Cuts                  2.25  loads --               89,835  pounds
Boner/Breaker/Cutter/Canner        27.45  loads --            1,098,117  pounds
100% Lean Items                    23.22  loads --              928,860  pounds
Frozen Cuts                         4.15  loads --              166,193  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   10,546   $280.13     ($1.01)
112   Rib, ribeye roll, 8-10 lbs.             40   53,436   $301.12       $1.88
112   Rib, ribeye roll, 10-up lbs.           170  142,536   $323.19       $1.64
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   26,034   $394.71       $2.24
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13  101,116   $391.97     ($9.41)
      Chuck, boneless 85%
120   Chuck, brisket                          29   47,727   $223.58     ($2.11)
168   Round, top inside, 10-dn lbs.            6   17,035   $220.95       
168   Round, top inside, 10-up lbs.            9   34,215   $240.29     ($0.16)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     25  215,611   $293.49       $0.16
169A  Round, top inside c-off, 14-up lbs.      3    3,059   $286.75       
171B  Round, outside round                     6    6,395   $254.27     ($0.74)
171C  Round, eye of round                     45   85,119   $241.23     ($3.49)
      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   44,018   $312.46      $32.74
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  16   26,140   $239.12     ($2.86)
185A  Loin, bottom sirloin butt flap, bnls.   37  158,779   $299.32       $7.94
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              29   79,934   $273.49       $1.64
112   Rib, ribeye roll, 8-up lbs.              3    8,355   $289.03       
100% LEAN
      Inside round - Combo                    10   89,037   $266.41       $0.03
      Inside round - Boxed                    38   91,388   $280.57     ($3.91)
      Outside round
      Eye of round                            24   55,034   $255.64       $0.13
      Flats and eyes - Combo                  14  212,845   $235.66       $1.18
      Flats and eyes - Boxed                            
      Striploin                               81  274,600   $336.00       $1.05
      S.P.B. - Combo                          10  177,273   $230.63       $1.49
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  105,039   $239.03     ($0.42)
167A  Round, knuckle, peeled                  40  381,641   $232.47       $0.03
190   Loin, tenderloin, 2-3 lbs.               9   45,632   $471.15      $17.27
190   Loin, tenderloin, 3-4 lbs.              42   80,456   $498.20      $35.92
190   Loin, tenderloin, 4-5 lbs.             136  272,940   $511.77       $3.51
190   Loin, tenderloin, 5-up lbs.             29   23,872   $549.83       $2.55
193   Flank, flank steak                      90   99,691   $332.62       $3.60
      Flank, rough                            56   88,846   $258.39       $0.61
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    9,396   $284.50
112   Rib, ribeye roll, 8-10 lbs.
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   21,690   $321.10       $3.09
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.               6    5,129   $470.55     ($5.30)
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                       7  100,573   $288.80      $31.42
--------------------------------------------------------------------------------
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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