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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/5/2019

LM_XB405
Des Moines, IA                 Wed, Jun 05, 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:               $174.02
Change from prior day:                $0.51
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $224.36        $125.28         $0.32
100% lean inside round                      $286.46          $6.65       ($0.01)
100% lean, flats and eyes                   $251.02          $5.82         
100% lean, S.P.B.                           $247.80         $12.39         $0.07
Chuck Tender                                $230.17          $2.30       ($0.01)
Knuckle                   4-7 lbs.          $232.79          $5.89         $0.01
Tenderloin                2-3 lbs.          $480.30          $2.55         $0.08
Tenderloin                3-4 lbs.          $489.59          $3.62         $0.08
Ribeye Roll               4-6 lbs.          $242.40          $2.55       ($0.04)
Ribeye Roll               6-8 lbs.          $283.20          $2.10         $0.01
Ribeye Roll               8up lbs.          $288.00          $2.10         
Flank Steak                                 $315.56          $1.33         
Kidney, Edible                               $19.45          $0.09         
Fat, inedible                                $18.26          $0.42         
Bone                                          $3.87          $0.93         
--------------------------------------------------------------------------------
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                 26.54  loads --            1,061,409  pounds
Cutter/Canner Cuts                  4.11  loads --              164,593  pounds
Boner/Breaker/Cutter/Canner        20.11  loads --              804,506  pounds
100% Lean Items                    31.96  loads --            1,278,480  pounds
Frozen Cuts                         1.77  loads --               70,720  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   48,111   $296.53       $4.53
112   Rib, ribeye roll, 8-10 lbs.             45   76,011   $315.46       $2.63
112   Rib, ribeye roll, 10-up lbs.           184  121,422   $353.77     ($4.00)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   59,074   $440.87      $10.76
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   38,218   $406.49     ($0.35)
      Chuck, boneless 85%
120   Chuck, brisket                          16   37,241   $232.35       $0.58
168   Round, top inside, 10-dn lbs.            6   14,695   $217.60       $1.41
168   Round, top inside, 10-up lbs.           11   37,821   $242.03     ($1.79)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     25  246,260   $293.58       $0.29
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     8   13,844   $231.35       $3.10
171C  Round, eye of round                     52   40,571   $247.95     ($2.07)
      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.            20   38,346   $265.62    ($33.85)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  17   24,099   $236.27       $0.64
185A  Loin, bottom sirloin butt flap, bnls.   54  249,532   $283.53       $2.91
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              38  157,654   $283.20       $1.19
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    18  263,288   $284.50     ($0.82)
      Inside round - Boxed                    36   67,246   $294.17       $2.48
      Outside round
      Eye of round                            20   34,348   $271.68     ($1.25)
      Flats and eyes - Combo                  14  183,021   $247.47       $1.57
      Flats and eyes - Boxed                            
      Striploin                               90  299,097   $344.25     ($0.50)
      S.P.B. - Combo                          19  389,524   $247.80       $1.49
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29   68,422   $230.17     ($0.51)
167A  Round, knuckle, peeled                  30  167,245   $232.79       $0.45
190   Loin, tenderloin, 2-3 lbs.               9   31,439   $480.30      $13.94
190   Loin, tenderloin, 3-4 lbs.              50  116,728   $489.59       $2.81
190   Loin, tenderloin, 4-5 lbs.             135  187,646   $522.63       $1.39
190   Loin, tenderloin, 5-up lbs.             60   39,880   $547.72     ($3.63)
193   Flank, flank steak                      98  111,817   $327.25       $1.11
      Flank, rough                            57   81,329   $263.71       $1.19
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             10   26,724   $290.15     ($0.48)
112   Rib, ribeye roll, 10-up lbs.             4    2,068   $105.66
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.
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               5   11,344   $242.36     ($4.99)
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                      14   22,278   $256.92       $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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