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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/2/2019

LM_XB405
Des Moines, IA                 Thu, May 02, 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:               $171.88
Change from prior day:              ($0.03)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $222.46        $124.22       ($0.16)
100% lean inside round                      $284.54          $6.60         $0.06
100% lean, flats and eyes                   $238.85          $5.54         
100% lean, S.P.B.                           $232.13         $11.61       ($0.01)
Chuck Tender                                $240.29          $2.40         
Knuckle                   4-7 lbs.          $236.41          $5.98         $0.03
Tenderloin                2-3 lbs.          $456.45          $2.42         
Tenderloin                3-4 lbs.          $473.81          $3.51         $0.03
Ribeye Roll               4-6 lbs.          $250.42          $2.63         
Ribeye Roll               6-8 lbs.          $282.33          $2.09         
Ribeye Roll               8up lbs.          $288.00          $2.10         $0.02
Flank Steak                                 $298.79          $1.25         
Kidney, Edible                               $18.27          $0.08         
Fat, inedible                                $17.59          $0.41         
Bone                                          $4.33          $1.04         
--------------------------------------------------------------------------------
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                 20.38  loads --              815,277  pounds
Cutter/Canner Cuts                  2.24  loads --               89,679  pounds
Boner/Breaker/Cutter/Canner        20.83  loads --              833,171  pounds
100% Lean Items                    23.87  loads --              954,678  pounds
Frozen Cuts                         2.15  loads --               86,084  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11    8,503   $291.50       $5.71
112   Rib, ribeye roll, 8-10 lbs.             35   43,048   $308.05       $6.74
112   Rib, ribeye roll, 10-up lbs.           160  126,618   $331.70       $3.87
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   39,070   $400.84       $4.25
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   11,123   $389.14     ($3.38)
      Chuck, boneless 85%                               
120   Chuck, brisket                          21   31,491   $223.57     ($0.56)
168   Round, top inside, 10-dn lbs.            7   22,224   $218.35     ($0.65)
168   Round, top inside, 10-up lbs.           14   65,069   $231.70     ($0.66)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     18  184,203   $293.31     ($0.95)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     3    3,011   $254.61       $1.08
171C  Round, eye of round                     70  113,148   $258.76       $1.97
      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.            27   23,599   $281.26       $2.10
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23   46,380   $230.23    ($19.51)
185A  Loin, bottom sirloin butt flap, bnls.   29   76,116   $336.72       $6.70
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              27   86,729   $282.33     ($0.16)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     9  156,280   $281.08       $3.61
      Inside round - Boxed                    34  119,334   $289.07       $0.20
      Outside round
      Eye of round                            21   39,474   $252.73     ($0.52)
      Flats and eyes - Combo                  13  241,450   $236.78     ($0.07)
      Flats and eyes - Boxed                            
      Striploin                               87  181,477   $347.11     ($1.14)
      S.P.B. - Combo                          11  188,170   $232.13     ($0.36)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     23   69,131   $240.29       $0.46
167A  Round, knuckle, peeled                  39  192,027   $236.41       $1.05
190   Loin, tenderloin, 2-3 lbs.              11   49,697   $456.45       $0.43
190   Loin, tenderloin, 3-4 lbs.              53  124,597   $473.81       $3.61
190   Loin, tenderloin, 4-5 lbs.             134  181,506   $525.27       $1.76
190   Loin, tenderloin, 5-up lbs.             63   49,106   $544.43       $4.44
193   Flank, flank steak                      89  111,200   $304.34       $0.26
      Flank, rough                            39   55,907   $271.18       $0.14
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   26,277   $280.58     ($1.20)
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.             6   20,160   $328.00       $1.76
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                      12   32,537   $279.79       $2.04
--------------------------------------------------------------------------------
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
1530C

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