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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/23/2019

LM_XB405
Des Moines, IA                 Mon, Sep 23, 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:               $175.08
Change from prior day:              ($0.47)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $223.16        $124.61       ($0.35)
100% lean inside round                      $309.36          $7.18         $0.05
100% lean, flats and eyes                   $276.23          $6.41         $0.03
100% lean, S.P.B.                           $261.00         $13.05       ($0.11)
Chuck Tender                                $228.39          $2.28        
Knuckle                   4-7 lbs.          $230.43          $5.83       ($0.06)
Tenderloin                2-3 lbs.          $395.27          $2.09       ($0.05)
Tenderloin                3-4 lbs.          $492.79          $3.65       ($0.02)
Ribeye Roll               4-6 lbs.          $248.21          $2.61         $0.03
Ribeye Roll               6-8 lbs.          $278.25          $2.06        
Ribeye Roll               8up lbs.          $298.00          $2.18        
Flank Steak                                 $319.86          $1.34         $0.01
Kidney, Edible                               $18.67          $0.09        
Fat, inedible                                $19.60          $0.45        
Bone                                          $5.22          $1.25        
--------------------------------------------------------------------------------
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                 21.58  loads --              863,287  pounds
Cutter/Canner Cuts                  3.25  loads --              130,089  pounds
Boner/Breaker/Cutter/Canner        25.76  loads --            1,030,479  pounds
100% Lean Items                    16.65  loads --              666,015  pounds
Frozen Cuts                         2.55  loads --              101,872  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   27,336   $288.74       $0.80
112   Rib, ribeye roll, 8-10 lbs.             33   37,592   $341.47     ($4.58)
112   Rib, ribeye roll, 10-up lbs.           150   94,404   $355.83     ($8.91)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   30,487   $393.03       $3.48
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22  100,836   $367.83       $1.47
      Chuck, boneless 85%                              
120   Chuck, brisket                          25   42,737   $222.39       $0.80
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.            9   27,836   $239.55       $3.07
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  179,177   $287.02     ($0.69)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4   21,925   $266.85     ($0.48)
171C  Round, eye of round                     48   98,153   $281.05       $1.26
      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.            27   34,872   $281.59     ($3.42)
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  28   54,168   $202.88     ($1.63)
185A  Loin, bottom sirloin butt flap, bnls.   29   97,682   $296.98       $1.67
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              49  121,158   $281.47     ($0.49)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    14  181,362   $308.78       $2.78
      Inside round - Boxed                    31   60,900   $311.09     ($3.07)
      Outside round
      Eye of round                            17   72,625   $280.53       $0.12
      Flats and eyes - Combo                   8   63,755   $272.44       $0.21
      Flats and eyes - Boxed                           
      Striploin                               83  225,547   $352.95     ($1.47)
      S.P.B. - Combo                           6   42,374   $261.00     ($2.11)
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  102,796   $228.39       $0.06
167A  Round, knuckle, peeled                  46  333,947   $230.43     ($2.54)
190   Loin, tenderloin, 2-3 lbs.               9   36,221   $395.27     ($8.57)
190   Loin, tenderloin, 3-4 lbs.              51  133,509   $493.78     ($2.42)
190   Loin, tenderloin, 4-5 lbs.             137  199,549   $537.35       $2.40
190   Loin, tenderloin, 5-up lbs.             44   33,573   $508.18      $23.90
193   Flank, flank steak                      91   93,183   $329.24       $5.55
      Flank, rough                            56   97,701   $253.35     ($5.49)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   34,726   $284.20       $0.15
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.             4    5,623   $352.98      
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.               3    7,713   $523.64       $5.72
190   Loin, tenderloin, 5-up lbs.                      
193   Flank, flank steak                       8   14,988   $261.54       $0.45
--------------------------------------------------------------------------------
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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