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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/30/2019

LM_XB405
Des Moines, IA                 Thu, May 30, 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:               $173.35
Change from prior day:                $0.64
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $223.68        $124.90       ($0.44)
100% lean inside round                      $284.29          $6.60         $0.04
100% lean, flats and eyes                   $252.19          $5.85         $0.02
100% lean, S.P.B.                           $247.57         $12.38         $0.03
Chuck Tender                                $228.20          $2.28       ($0.04)
Knuckle                   4-7 lbs.          $231.99          $5.87         $0.07
Tenderloin                2-3 lbs.          $463.11          $2.45         
Tenderloin                3-4 lbs.          $468.05          $3.46         $0.90
Ribeye Roll               4-6 lbs.          $244.47          $2.57         
Ribeye Roll               6-8 lbs.          $282.59          $2.09         $0.02
Ribeye Roll               8up lbs.          $288.00          $2.10         
Flank Steak                                 $322.07          $1.35         $0.04
Kidney, Edible                               $18.57          $0.09         
Fat, inedible                                $18.26          $0.42         
Bone                                          $3.90          $0.94         
--------------------------------------------------------------------------------
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                 25.49  loads --            1,019,749  pounds
Cutter/Canner Cuts                  1.53  loads --               61,029  pounds
Boner/Breaker/Cutter/Canner        17.53  loads --              701,273  pounds
100% Lean Items                    30.94  loads --            1,237,570  pounds
Frozen Cuts                         2.61  loads --              104,567  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              14   90,814   $300.12     ($1.21)
112   Rib, ribeye roll, 8-10 lbs.             37   77,505   $310.04       $2.95
112   Rib, ribeye roll, 10-up lbs.           173  209,518   $320.31       $2.42
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   45,172   $414.99       $0.81
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   29,115   $398.15      $13.84
      Chuck, boneless 85%                               
120   Chuck, brisket                          19   17,539   $258.34     ($7.15)
168   Round, top inside, 10-dn lbs.            8    6,733   $214.37     ($0.48)
168   Round, top inside, 10-up lbs.           12   44,512   $244.21      $11.14
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     20  223,740   $293.14       $1.32
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4    5,725   $238.99
171C  Round, eye of round                     45  104,590   $263.44     ($1.24)
      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.            26   60,947   $309.49     ($8.22)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  12   11,250   $249.84     ($0.76)
185A  Loin, bottom sirloin butt flap, bnls.   31   92,074   $295.03     ($2.31)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              28   60,407   $282.59     ($1.92)
112   Rib, ribeye roll, 8-up lbs.                       
100% LEAN
      Inside round - Combo                    16  190,744   $282.48       $2.06
      Inside round - Boxed                    30   98,965   $287.79     ($0.36)
      Outside round
      Eye of round                            25   60,396   $270.26       $0.69
      Flats and eyes - Combo                  16  202,112   $248.42       $0.44
      Flats and eyes - Boxed                            
      Striploin                               75  350,943   $340.11     ($0.76)
      S.P.B. - Combo                          17  302,376   $247.57       $0.53
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     27   53,701   $228.20     ($3.49)
167A  Round, knuckle, peeled                  31  158,013   $231.99       $2.63
190   Loin, tenderloin, 2-3 lbs.              10   54,082   $463.11       $0.95
190   Loin, tenderloin, 3-4 lbs.              40   98,372   $468.47       $6.91
190   Loin, tenderloin, 4-5 lbs.             117  149,041   $529.28    ($17.88)
190   Loin, tenderloin, 5-up lbs.             62   42,669   $558.99     ($2.03)
193   Flank, flank steak                      77   81,801   $333.44       $6.69
      Flank, rough                            45   63,594   $259.50       $1.60
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              9   20,723   $290.46     ($3.12)
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    8,417   $330.99     ($1.10)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   20,277   $243.45     ($0.78)
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.               5   31,098   $483.34
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      12   14,334   $257.18     ($0.41)
--------------------------------------------------------------------------------
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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