Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 8/28/2019

Past Market Reports

Report Date: 8/28/2019

LM_XB405
Des Moines, IA                 Wed, Aug 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:               $175.28
Change from prior day:              ($0.38)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $224.10        $125.14       ($0.07)
100% lean inside round                      $303.76          $7.05       ($0.04)
100% lean, flats and eyes                   $269.27          $6.25       ($0.11)
100% lean, S.P.B.                           $258.17         $12.91       ($0.15)
Chuck Tender                                $231.73          $2.32         
Knuckle                   4-7 lbs.          $231.29          $5.85         
Tenderloin                2-3 lbs.          $412.41          $2.19       ($0.03)
Tenderloin                3-4 lbs.          $490.79          $3.63       ($0.03)
Ribeye Roll               4-6 lbs.          $248.24          $2.61         
Ribeye Roll               6-8 lbs.          $283.13          $2.10         $0.01
Ribeye Roll               8up lbs.          $298.00          $2.18         
Flank Steak                                 $316.26          $1.33         $0.04
Kidney, Edible                               $18.67          $0.09         
Fat, inedible                                $19.60          $0.45         
Bone                                          $4.92          $1.18         
--------------------------------------------------------------------------------
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                 23.56  loads --              942,301  pounds
Cutter/Canner Cuts                  3.59  loads --              143,647  pounds
Boner/Breaker/Cutter/Canner        21.73  loads --              869,050  pounds
100% Lean Items                    28.59  loads --            1,143,758  pounds
Frozen Cuts                         1.99  loads --               79,455  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              15   34,594   $295.35     ($1.62)
112   Rib, ribeye roll, 8-10 lbs.             48   59,263   $326.48     ($2.03)
112   Rib, ribeye roll, 10-up lbs.           144  113,338   $373.74     ($2.18)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   43,562   $387.91       $0.94
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   97,033   $399.08       $7.89
      Chuck, boneless 85%                               
120   Chuck, brisket                          19   54,616   $229.71     ($1.96)
168   Round, top inside, 10-dn lbs.            4    6,764   $244.71     ($3.93)
168   Round, top inside, 10-up lbs.           10   28,457   $247.91     ($1.21)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     23  207,143   $291.51       $0.11
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round
171C  Round, eye of round                     85  130,572   $272.24       $1.58
      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   46,424   $281.14      $16.54
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  17   24,060   $225.77       $9.25
185A  Loin, bottom sirloin butt flap, bnls.   42   86,850   $357.71      $23.12
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              62  133,849   $283.74       $1.78
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    15  268,986   $301.78     ($2.40)
      Inside round - Boxed                    28   32,554   $320.11       $1.71
      Outside round
      Eye of round                            24   46,856   $285.37       $1.24
      Flats and eyes - Combo                  14  276,773   $265.74     ($4.74)
      Flats and eyes - Boxed                            
      Striploin                               94  266,789   $355.82       $1.16
      S.P.B. - Combo                          14  223,990   $258.17     ($2.93)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34   89,430   $231.73     ($0.67)
167A  Round, knuckle, peeled                  38  303,894   $231.29       $0.12
190   Loin, tenderloin, 2-3 lbs.              14   28,261   $412.41     ($6.51)
190   Loin, tenderloin, 3-4 lbs.              40   98,254   $490.79     ($4.82)
190   Loin, tenderloin, 4-5 lbs.             132  166,467   $558.10       $4.25
190   Loin, tenderloin, 5-up lbs.             52   43,113   $528.48       $6.42
193   Flank, flank steak                      86   73,566   $324.42      $11.61
      Flank, rough                            50   66,065   $273.54     ($2.50)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4    9,130   $284.31       
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.             6    6,944   $353.00       
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   11,055   $261.96       $0.77
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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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