Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 5/24/2019

Past Market Reports

Report Date: 5/24/2019

LM_XB405
Des Moines, IA                 Fri, May 24, 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:               $172.12
Change from prior day:                $0.09
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $223.32        $124.70         $0.20
100% lean inside round                      $282.76          $6.56       ($0.02)
100% lean, flats and eyes                   $247.73          $5.75         $0.02
100% lean, S.P.B.                           $244.42         $12.22         $0.04
Chuck Tender                                $229.28          $2.29       ($0.05)
Knuckle                   4-7 lbs.          $229.02          $5.79       ($0.02)
Tenderloin                2-3 lbs.          $466.56          $2.47        
Tenderloin                3-4 lbs.          $384.14          $2.84       ($0.06)
Ribeye Roll               4-6 lbs.          $243.24          $2.55       ($0.05)
Ribeye Roll               6-8 lbs.          $281.36          $2.08        
Ribeye Roll               8up lbs.          $288.00          $2.10        
Flank Steak                                 $312.78          $1.31         $0.03
Kidney, Edible                               $20.24          $0.09        
Fat, inedible                                $17.59          $0.41        
Bone                                          $4.00          $0.96        
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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                 23.66  loads --              946,345  pounds
Cutter/Canner Cuts                  2.84  loads --              113,785  pounds
Boner/Breaker/Cutter/Canner        21.96  loads --              878,461  pounds
100% Lean Items                    39.01  loads --            1,560,534  pounds
Frozen Cuts                         3.62  loads --              144,984  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   29,088   $297.37       $1.28
112   Rib, ribeye roll, 8-10 lbs.             38   75,607   $304.75       $2.30
112   Rib, ribeye roll, 10-up lbs.           199  124,410   $334.94       $0.11
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   43,444   $413.36     ($1.10)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   28,391   $367.66       $5.00
      Chuck, boneless 85%                              
120   Chuck, brisket                          27   42,879   $228.49       $0.05
168   Round, top inside, 10-dn lbs.            4    7,042   $211.58       $1.05
168   Round, top inside, 10-up lbs.           10   21,320   $215.42    ($20.19)
169A  Round, top inside c-off, 8-10 lbs.               
169A  Round, top inside c-off, 10-14 lbs.     22  235,087   $290.77     ($0.01)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round
171C  Round, eye of round                     62  112,158   $256.86      $18.48
      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   47,503   $317.45      $22.73
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  14   17,862   $250.00      $12.57
185A  Loin, bottom sirloin butt flap, bnls.   45  158,751   $299.46     ($5.61)
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              37  110,308   $284.25       $0.11
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    30  422,159   $281.72     ($0.02)
      Inside round - Boxed                    38   90,889   $287.61     ($4.87)
      Outside round
      Eye of round                            17   40,865   $266.75     ($1.79)
      Flats and eyes - Combo                  21  272,597   $245.54     ($0.11)
      Flats and eyes - Boxed                           
      Striploin                               72  289,083   $351.54       $1.24
      S.P.B. - Combo                          21  412,717   $244.42       $0.77
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     24   54,243   $229.28     ($4.31)
167A  Round, knuckle, peeled                  39  281,628   $229.02     ($0.80)
190   Loin, tenderloin, 2-3 lbs.              11   38,323   $466.56      
190   Loin, tenderloin, 3-4 lbs.              59  102,718   $494.88       $1.56
190   Loin, tenderloin, 4-5 lbs.             146  208,045   $539.66     ($3.45)
190   Loin, tenderloin, 5-up lbs.             66   36,380   $547.16      $16.89
193   Flank, flank steak                      80   87,011   $322.74      $10.07
      Flank, rough                            46   70,113   $263.33       $0.62
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3    6,344   $289.72
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   18,480   $333.00       $0.56
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   25,030   $242.38     ($4.82)
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.               3   43,933   $125.22
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                      
193   Flank, flank steak                      10   16,995   $261.82       $1.09
--------------------------------------------------------------------------------
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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