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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/26/2019

LM_XB405
Des Moines, IA                 Thu, Sep 26, 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:               $173.01
Change from prior day:              ($0.86)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.14        $123.48       ($0.74)
100% lean inside round                      $297.21          $6.90       ($0.05)
100% lean, flats and eyes                   $268.16          $6.22         $0.02
100% lean, S.P.B.                           $255.17         $12.76         $0.01
Chuck Tender                                $227.09          $2.27       ($0.01)
Knuckle                   4-7 lbs.          $228.97          $5.79       ($0.01)
Tenderloin                2-3 lbs.          $393.83          $2.09       ($0.04)
Tenderloin                3-4 lbs.          $485.95          $3.60       ($0.03)
Ribeye Roll               4-6 lbs.          $241.74          $2.54        
Ribeye Roll               6-8 lbs.          $281.40          $2.08        
Ribeye Roll               8up lbs.          $299.25          $2.18        
Flank Steak                                 $311.88          $1.31       ($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                 23.14  loads --              925,757  pounds
Cutter/Canner Cuts                  3.29  loads --              131,631  pounds
Boner/Breaker/Cutter/Canner        34.39  loads --            1,375,535  pounds
100% Lean Items                    23.82  loads --              952,746  pounds
Frozen Cuts                         3.51  loads --              140,249  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   19,998   $294.43       $3.51
112   Rib, ribeye roll, 8-10 lbs.             47   54,253   $319.17     ($0.81)
112   Rib, ribeye roll, 10-up lbs.           155   96,819   $353.12       $1.20
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      11   16,756   $375.26     ($1.94)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   88,923   $370.51       $4.07
      Chuck, boneless 85%                              
120   Chuck, brisket                          43  102,187   $220.42       $0.15
168   Round, top inside, 10-dn lbs.            5   19,086   $227.63      $11.49
168   Round, top inside, 10-up lbs.            9   35,389   $235.85       $1.19
169A  Round, top inside c-off, 8-10 lbs.               
169A  Round, top inside c-off, 10-14 lbs.     21  166,829   $288.18       $0.43
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4   10,105   $265.08      
171C  Round, eye of round                     45  107,629   $279.41       $0.89
      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.            25   24,188   $278.62       $0.94
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  23   53,921   $198.57     ($1.49)
185A  Loin, bottom sirloin butt flap, bnls.   41  127,518   $320.43       $2.32
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              47  121,251   $282.89     ($1.36)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    11  200,617   $293.26     ($0.49)
      Inside round - Boxed                    30   45,608   $314.57     ($2.12)
      Outside round
      Eye of round                            14   27,710   $281.01      
      Flats and eyes - Combo                  13  151,428   $265.24       $1.65
      Flats and eyes - Boxed                           
      Striploin                               90  322,076   $343.15     ($4.24)
      S.P.B. - Combo                          14  185,855   $255.17       $0.24
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   88,848   $227.09     ($1.19)
167A  Round, knuckle, peeled                  50  616,282   $228.97     ($0.29)
190   Loin, tenderloin, 2-3 lbs.              13   40,222   $393.83     ($7.23)
190   Loin, tenderloin, 3-4 lbs.              47  120,054   $486.99     ($5.20)
190   Loin, tenderloin, 4-5 lbs.             148  257,658   $522.89       $2.39
190   Loin, tenderloin, 5-up lbs.             47   41,480   $523.89       $0.87
193   Flank, flank steak                      82  113,804   $321.67     ($1.58)
      Flank, rough                            67   97,187   $260.08     ($1.84)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                       
112   Rib, ribeye roll, 8-10 lbs.              6   19,144   $288.94       $4.31
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.             5    9,720   $349.54     ($3.44)
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    9,309   $523.53     ($0.11)
190   Loin, tenderloin, 5-up lbs.                      
193   Flank, flank steak                      15   23,007   $263.42     ($0.11)
--------------------------------------------------------------------------------
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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