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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/10/2019

LM_XB405
Des Moines, IA                 Fri, May 10, 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:               $171.58
Change from prior day:                $0.13
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $223.04        $124.55         $0.09
100% lean inside round                      $281.84          $6.54         $0.05
100% lean, flats and eyes                   $242.77          $5.63       ($0.04)
100% lean, S.P.B.                           $234.50         $11.73         $0.09
Chuck Tender                                $234.61          $2.35         $0.01
Knuckle                   4-7 lbs.          $224.82          $5.69       ($0.01)
Tenderloin                2-3 lbs.          $460.62          $2.44        
Tenderloin                3-4 lbs.          $430.69          $3.19       ($0.06)
Ribeye Roll               4-6 lbs.          $250.32          $2.63         $0.01
Ribeye Roll               6-8 lbs.          $277.07          $2.05         $0.01
Ribeye Roll               8up lbs.          $281.86          $2.06        
Flank Steak                                 $313.45          $1.32       ($0.02)
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                 21.44  loads --              857,632  pounds
Cutter/Canner Cuts                  3.26  loads --              130,237  pounds
Boner/Breaker/Cutter/Canner        23.24  loads --              929,768  pounds
100% Lean Items                    27.60  loads --            1,103,866  pounds
Frozen Cuts                         2.18  loads --               87,216  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   13,174   $288.26       $2.53
112   Rib, ribeye roll, 8-10 lbs.             41   77,206   $302.19     ($1.03)
112   Rib, ribeye roll, 10-up lbs.           180  145,174   $335.52     ($0.02)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   33,801   $390.15       $2.03
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   52,742   $429.45     ($4.19)
      Chuck, boneless 85%                      3   19,223   $211.94      
120   Chuck, brisket                          18   43,599   $221.74      
168   Round, top inside, 10-dn lbs.            7   18,482   $211.79      
168   Round, top inside, 10-up lbs.           11   38,364   $227.59     ($1.09)
169A  Round, top inside c-off, 8-10 lbs.               
169A  Round, top inside c-off, 10-14 lbs.     11  112,481   $294.05       $1.80
169A  Round, top inside c-off, 14-up lbs.      5   18,646   $291.80     ($0.06)
171B  Round, outside round                     5    4,361   $257.29     ($0.58)
171C  Round, eye of round                     38   41,166   $233.77     ($1.52)
      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.            25   37,922   $280.09       $1.23
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  12   17,945   $241.41       $0.46
185A  Loin, bottom sirloin butt flap, bnls.   41  181,342   $288.80       $3.41
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              32  115,635   $277.07       $1.12
112   Rib, ribeye roll, 8-up lbs.              3   14,293   $281.86     ($0.58)
100% LEAN
      Inside round - Combo                    22  296,880   $277.50       $1.49
      Inside round - Boxed                    33  115,900   $292.95       $2.34
      Outside round                                    
      Eye of round                            18   38,924   $262.66     ($2.57)
      Flats and eyes - Combo                  11  143,713   $237.39       $2.67
      Flats and eyes - Boxed                           
      Striploin                               83  325,411   $344.72     ($1.52)
      S.P.B. - Combo                          11  183,038   $234.50       $1.65
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32   89,482   $234.61       $0.12
167A  Round, knuckle, peeled                  29  238,795   $224.82     ($0.54)
190   Loin, tenderloin, 2-3 lbs.              10   51,961   $460.62      
190   Loin, tenderloin, 3-4 lbs.              50  180,078   $433.70     ($5.42)
190   Loin, tenderloin, 4-5 lbs.             137  190,760   $531.85       $9.03
190   Loin, tenderloin, 5-up lbs.             64   38,473   $553.29       $1.09
193   Flank, flank steak                      76   83,308   $319.12     ($3.39)
      Flank, rough                            42   56,911   $262.09     ($2.58)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   22,306   $279.65       $4.56
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.             5   18,480   $328.45     ($0.11)
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                       7    8,859   $260.15     ($3.24)
--------------------------------------------------------------------------------
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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