Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 6/28/2019

Past Market Reports

Report Date: 6/28/2019

LM_XB405
Des Moines, IA                 Fri, Jun 28, 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:               $174.58
Change from prior day:              ($0.69)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $223.93        $125.04       ($0.67)
100% lean inside round                      $296.01          $6.87         
100% lean, flats and eyes                   $266.73          $6.19         
100% lean, S.P.B.                           $260.86         $13.04       ($0.03)
Chuck Tender                                $233.81          $2.34         
Knuckle                   4-7 lbs.          $228.53          $5.78         $0.02
Tenderloin                2-3 lbs.          $397.23          $2.11       ($0.01)
Tenderloin                3-4 lbs.          $480.41          $3.56       ($0.02)
Ribeye Roll               4-6 lbs.          $249.40          $2.62         
Ribeye Roll               6-8 lbs.          $280.15          $2.07       ($0.01)
Ribeye Roll               8up lbs.          $293.00          $2.14         
Flank Steak                                 $330.70          $1.39         $0.03
Kidney, Edible                               $19.70          $0.09         
Fat, inedible                                $18.26          $0.42         
Bone                                          $3.84          $0.92         
--------------------------------------------------------------------------------
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                 24.21  loads --              968,523  pounds
Cutter/Canner Cuts                  1.89  loads --               75,682  pounds
Boner/Breaker/Cutter/Canner        22.73  loads --              909,034  pounds
100% Lean Items                    27.58  loads --            1,103,349  pounds
Frozen Cuts                         1.76  loads --               70,581  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   26,420   $302.51       $3.69
112   Rib, ribeye roll, 8-10 lbs.             35   49,764   $322.44       $3.49
112   Rib, ribeye roll, 10-up lbs.           166   96,742   $358.63       $0.22
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   25,080   $411.11     ($1.13)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   72,119   $439.63       $4.39
      Chuck, boneless 85%                               
120   Chuck, brisket                          15   29,630   $266.02       $6.08
168   Round, top inside, 10-dn lbs.            4    9,537   $213.08     ($1.87)
168   Round, top inside, 10-up lbs.           10   23,320   $246.72       $5.16
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     28  318,517   $293.95     ($0.40)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round
171C  Round, eye of round                     33   35,705   $256.12     ($1.34)
      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.            17   49,124   $315.57      $47.28
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28   63,431   $216.31       $0.85
185A  Loin, bottom sirloin butt flap, bnls.   49  160,349   $290.69     ($0.30)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              34   72,747   $280.15     ($1.36)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    14  213,793   $295.06     ($0.42)
      Inside round - Boxed                    25   25,730   $303.89       $2.97
      Outside round                            6   80,160   $264.68     ($0.92)
      Eye of round                            25   82,210   $277.52       $1.07
      Flats and eyes - Combo                  10  167,784   $262.41       $1.53
      Flats and eyes - Boxed                            
      Striploin                               82  345,243   $339.35       $0.07
      S.P.B. - Combo                          11  188,429   $260.86     ($0.57)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   89,596   $233.81       $0.09
167A  Round, knuckle, peeled                  37  252,481   $228.53       $0.83
190   Loin, tenderloin, 2-3 lbs.               8   10,998   $397.23     ($2.07)
190   Loin, tenderloin, 3-4 lbs.              54  104,820   $480.41     ($4.01)
190   Loin, tenderloin, 4-5 lbs.             152  222,896   $541.12       $3.52
190   Loin, tenderloin, 5-up lbs.             52   52,529   $525.01     ($0.79)
193   Flank, flank steak                      91  101,267   $337.64       $6.05
      Flank, rough                            47   74,447   $271.34       $2.15
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4    9,625   $292.20     ($0.30)
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.
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.               4   38,490   $482.90       $1.21
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       7   10,216   $261.90       $1.48
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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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