Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 7/10/2019

Past Market Reports

Report Date: 7/10/2019

LM_XB405
Des Moines, IA                 Wed, Jul 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:               $175.48
Change from prior day:                $0.20
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $225.93        $126.16         $0.82
100% lean inside round                      $303.08          $7.03       ($0.12)
100% lean, flats and eyes                   $265.34          $6.16       ($0.01)
100% lean, S.P.B.                           $261.31         $13.07       ($0.01)
Chuck Tender                                $233.54          $2.34         $0.01
Knuckle                   4-7 lbs.          $225.31          $5.70       ($0.08)
Tenderloin                2-3 lbs.          $394.37          $2.09       ($0.26)
Tenderloin                3-4 lbs.          $449.78          $3.33       ($0.12)
Ribeye Roll               4-6 lbs.          $252.25          $2.65         $0.01
Ribeye Roll               6-8 lbs.          $283.02          $2.09       ($0.02)
Ribeye Roll               8up lbs.          $290.57          $2.12         $0.01
Flank Steak                                 $301.79          $1.27       ($0.03)
Kidney, Edible                               $19.10          $0.09         
Fat, inedible                                $18.26          $0.42         
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                 19.02  loads --              760,976  pounds
Cutter/Canner Cuts                  3.20  loads --              128,027  pounds
Boner/Breaker/Cutter/Canner        16.47  loads --              658,615  pounds
100% Lean Items                    19.16  loads --              766,359  pounds
Frozen Cuts                         1.40  loads --               56,027  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    3,052   $296.26       $7.48
112   Rib, ribeye roll, 8-10 lbs.             28   65,805   $323.15       $2.92
112   Rib, ribeye roll, 10-up lbs.           104  100,996   $375.91       $2.32
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   16,756   $407.81      $11.72
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   19,897   $426.46      $17.29
      Chuck, boneless 85%                               
120   Chuck, brisket                          21   50,217   $225.46     ($4.53)
168   Round, top inside, 10-dn lbs.            4   26,494   $200.83       $0.14
168   Round, top inside, 10-up lbs.           12   46,695   $226.70    ($14.56)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     24  197,407   $294.88       $0.19
169A  Round, top inside c-off, 14-up lbs.      3    1,291   $294.00
171B  Round, outside round                     3    2,826   $273.00
171C  Round, eye of round                     35   35,667   $247.13       $1.59
      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.            28   19,773   $267.77      $12.54
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   67,796   $220.56     ($4.62)
185A  Loin, bottom sirloin butt flap, bnls.   48  103,381   $370.68     ($2.49)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              37   97,218   $283.02     ($1.91)
112   Rib, ribeye roll, 8-up lbs.              6   30,195   $290.57       $1.04
100% LEAN
      Inside round - Combo                    16  269,666   $301.91     ($4.53)
      Inside round - Boxed                    29   38,502   $311.29     ($0.40)
      Outside round                            3   27,496   $261.91
      Eye of round                            27   38,157   $276.57     ($0.97)
      Flats and eyes - Combo                   7   92,087   $261.71       $0.46
      Flats and eyes - Boxed                            
      Striploin                               57  210,799   $348.53       $3.41
      S.P.B. - Combo                           6   89,652   $261.31     ($0.24)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     24   66,944   $233.54       $0.12
167A  Round, knuckle, peeled                  34  231,598   $225.31     ($3.16)
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.              33   40,158   $461.87     ($4.98)
190   Loin, tenderloin, 4-5 lbs.             116  126,349   $537.37     ($5.67)
190   Loin, tenderloin, 5-up lbs.             33   25,658   $592.85       $4.03
193   Flank, flank steak                      66   77,646   $308.41     ($7.04)
      Flank, rough                            40   84,787   $244.71    ($34.35)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
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.             3    6,167   $338.00     ($2.04)
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   11,155   $255.71     ($0.07)
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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 515-284-48