Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 4/26/2019

Past Market Reports

Report Date: 4/26/2019

LM_XB405
Des Moines, IA                 Fri, Apr 26, 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:               $171.19
Change from prior day:                $0.15
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.49        $123.68         $0.20
100% lean inside round                      $274.78          $6.38       ($0.03)
100% lean, flats and eyes                   $239.59          $5.56       ($0.02)
100% lean, S.P.B.                           $232.61         $11.63         $0.04
Chuck Tender                                $239.82          $2.40         
Knuckle                   4-7 lbs.          $233.28          $5.90         $0.01
Tenderloin                2-3 lbs.          $459.79          $2.44         
Tenderloin                3-4 lbs.          $484.25          $3.58       ($0.01)
Ribeye Roll               4-6 lbs.          $248.61          $2.61         
Ribeye Roll               6-8 lbs.          $278.65          $2.06         
Ribeye Roll               8up lbs.          $281.92          $2.06       ($0.01)
Flank Steak                                 $308.13          $1.29       ($0.03)
Kidney, Edible                               $17.75          $0.08         
Fat, inedible                                $17.59          $0.41         
Bone                                          $4.61          $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                 20.43  loads --              817,213  pounds
Cutter/Canner Cuts                  2.19  loads --               87,520  pounds
Boner/Breaker/Cutter/Canner        27.82  loads --            1,112,909  pounds
100% Lean Items                    27.06  loads --            1,082,529  pounds
Frozen Cuts                         3.82  loads --              152,846  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   15,720   $286.53       $1.91
112   Rib, ribeye roll, 8-10 lbs.             34   53,922   $302.66     ($0.34)
112   Rib, ribeye roll, 10-up lbs.           136  104,551   $325.14       $0.70
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   29,139   $358.31     ($2.46)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10   61,189   $376.87     ($0.69)
      Chuck, boneless 85%                               
120   Chuck, brisket                          25   81,344   $225.08       $0.20
168   Round, top inside, 10-dn lbs.            3    3,259   $226.42       
168   Round, top inside, 10-up lbs.           11   32,098   $247.76       $2.14
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     21  192,826   $294.09       $0.53
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5    3,254   $253.46     ($0.42)
171C  Round, eye of round                     52  119,039   $257.60      $12.62
      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.            20   31,452   $326.71     ($0.24)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  13   18,998   $258.98       $8.65
185A  Loin, bottom sirloin butt flap, bnls.   32   67,061   $343.85       $7.07
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              31   72,651   $278.65       $0.16
112   Rib, ribeye roll, 8-up lbs.              3   14,560   $281.92     ($2.11)
100% LEAN
      Inside round - Combo                    14  107,001   $269.83     ($2.39)
      Inside round - Boxed                    40   81,790   $281.26     ($0.15)
      Outside round
      Eye of round                            24   53,429   $256.59     ($0.20)
      Flats and eyes - Combo                  20  284,153   $236.88     ($0.28)
      Flats and eyes - Boxed                            
      Striploin                              100  276,138   $347.17       $0.37
      S.P.B. - Combo                          13  251,335   $232.61       $0.87
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32   83,395   $239.82     ($0.20)
167A  Round, knuckle, peeled                  44  404,886   $233.28       $0.49
190   Loin, tenderloin, 2-3 lbs.              12   52,987   $459.79     ($0.72)
190   Loin, tenderloin, 3-4 lbs.              45  113,662   $484.25     ($1.50)
190   Loin, tenderloin, 4-5 lbs.             156  246,203   $528.81       $9.53
190   Loin, tenderloin, 5-up lbs.             50   62,738   $542.06     ($5.46)
193   Flank, flank steak                      76   85,634   $323.65    ($13.11)
      Flank, rough                            46   63,404   $256.81       $0.51
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   10,400   $276.63       
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   22,465   $323.36     ($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.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       4   88,583   $293.11       $0.27
--------------------------------------------------------------------------------
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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