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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/7/2019

LM_XB405
Des Moines, IA                 Tue, May 07, 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:               $171.75
Change from prior day:              ($0.93)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.93        $123.93       ($1.07)
100% lean inside round                      $283.53          $6.58         $0.07
100% lean, flats and eyes                   $246.75          $5.72         $0.05
100% lean, S.P.B.                           $234.65         $11.73         $0.07
Chuck Tender                                $239.60          $2.40         
Knuckle                   4-7 lbs.          $235.23          $5.95       ($0.01)
Tenderloin                2-3 lbs.          $461.02          $2.44       ($0.02)
Tenderloin                3-4 lbs.          $482.48          $3.57       ($0.01)
Ribeye Roll               4-6 lbs.          $248.68          $2.61         
Ribeye Roll               6-8 lbs.          $276.05          $2.04       ($0.02)
Ribeye Roll               8up lbs.          $286.73          $2.09         
Flank Steak                                 $306.33          $1.29         $0.01
Kidney, Edible                               $18.25          $0.08         
Fat, inedible                                $17.59          $0.41         
Bone                                          $3.80          $0.91         
--------------------------------------------------------------------------------
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                 20.68  loads --              827,012  pounds
Cutter/Canner Cuts                  2.51  loads --              100,476  pounds
Boner/Breaker/Cutter/Canner        17.06  loads --              682,204  pounds
100% Lean Items                    28.44  loads --            1,137,646  pounds
Frozen Cuts                         2.27  loads --               90,765  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              14   14,106   $285.71     ($0.82)
112   Rib, ribeye roll, 8-10 lbs.             41   73,949   $304.01       $0.89
112   Rib, ribeye roll, 10-up lbs.           171  115,213   $337.42       $3.31
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   57,272   $395.73       $0.16
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   30,866   $419.76      $18.08
      Chuck, boneless 85%
120   Chuck, brisket                          13   23,659   $223.21     ($9.46)
168   Round, top inside, 10-dn lbs.            6   10,401   $214.37     ($2.17)
168   Round, top inside, 10-up lbs.           13   45,238   $231.81     ($6.40)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     23  180,940   $291.64     ($0.69)
169A  Round, top inside c-off, 14-up lbs.      4   29,438   $292.07     ($0.12)
171B  Round, outside round                     5    5,694   $256.21       $0.47
171C  Round, eye of round                     58   60,728   $238.47     ($5.88)
      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.            22   31,008   $287.18      $15.59
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  18   41,814   $225.56       $6.54
185A  Loin, bottom sirloin butt flap, bnls.   32   89,082   $329.65      $15.36
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              26   93,101   $276.05     ($2.43)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    22  321,401   $279.66       $4.45
      Inside round - Boxed                    37  128,258   $293.22       $1.03
      Outside round                                     
      Eye of round                            26   66,158   $266.03       $4.17
      Flats and eyes - Combo                  10  155,138   $238.53       $0.67
      Flats and eyes - Boxed                            
      Striploin                               78  274,798   $344.00     ($2.95)
      S.P.B. - Combo                          11  191,893   $234.65       $1.46
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     25   67,876   $239.60     ($0.25)
167A  Round, knuckle, peeled                  33  138,766   $235.23     ($0.30)
190   Loin, tenderloin, 2-3 lbs.              11   51,771   $461.02     ($2.18)
190   Loin, tenderloin, 3-4 lbs.              48   92,694   $482.48     ($1.82)
190   Loin, tenderloin, 4-5 lbs.             146  144,691   $540.10       $5.33
190   Loin, tenderloin, 5-up lbs.             63   42,696   $554.24       $2.48
193   Flank, flank steak                      83   95,491   $313.33       $2.47
      Flank, rough                            36   48,219   $263.81     ($9.67)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   31,626   $276.06     ($0.69)
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   28,560   $328.29       $0.29
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                       9   28,689   $283.02       $0.59
--------------------------------------------------------------------------------
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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