Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 10/17/2017

Past Market Reports

Report Date: 10/17/2017

LM_XB405
Des Moines, IA                 Tue, Oct 17, 2017                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:               $170.37
Change from prior day:              ($1.04)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $214.00        $119.50       ($1.12)
100% lean inside round                      $312.47          $7.25         $0.10
100% lean, flats and eyes                   $265.53          $6.16         
100% lean, S.P.B.                           $268.37         $13.42         $0.02
Chuck Tender                                $225.35          $2.25       ($0.06)
Knuckle                   4-7 lbs.          $247.13          $6.25         $0.04
Tenderloin                2-3 lbs.          $402.39          $2.13       ($0.05)
Tenderloin                3-4 lbs.          $406.24          $3.01         
Ribeye Roll               4-6 lbs.          $290.61          $3.05         $0.02
Ribeye Roll               6-8 lbs.          $304.41          $2.25         $0.02
Ribeye Roll               8up lbs.          $333.90          $2.44         
Flank Steak                                 $276.85          $1.16       ($0.01)
Kidney, Edible                               $16.88          $0.08         
Fat, inedible                                $18.93          $0.44         
Bone                                          $4.07          $0.98         
--------------------------------------------------------------------------------
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                 26.33  loads --            1,053,084  pounds
Cutter/Canner Cuts                  2.17  loads --               86,685  pounds
Boner/Breaker/Cutter/Canner        14.39  loads --              575,419  pounds
100% Lean Items                    18.71  loads --              748,527  pounds
Frozen Cuts                         2.88  loads --              115,277  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    9,135   $306.42       $1.16
112   Rib, ribeye roll, 8-10 lbs.             31   68,329   $327.19     ($5.02)
112   Rib, ribeye roll, 10-up lbs.            60  142,843   $340.17     ($1.60)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   55,184   $329.20       $0.40
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   17,272   $353.76     ($6.28)
      Chuck, boneless 85%                      6   84,028   $191.21     ($3.05)
120   Chuck, brisket                          26   52,096   $216.09       $8.50
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           17   43,123   $222.99     ($4.51)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  351,658   $288.54       $1.04
169A  Round, top inside c-off, 14-up lbs.      8   39,137   $288.84     ($2.57)
171B  Round, outside round                     6    8,251   $266.40       
171C  Round, eye of round                     29   31,687   $266.00       $0.08
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              6    8,336   $201.86       $1.46
180   Loin, strip, bnls, 9-up lbs.            12   10,316   $228.55    ($19.32)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                   8   16,033   $216.19     ($3.50)
185A  Loin, bottom sirloin butt flap, bnls.   39   93,647   $253.22    ($12.50)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              42   67,664   $304.41       $3.01
112   Rib, ribeye roll, 8-up lbs.              4   15,000   $333.90     ($0.03)
100% LEAN
      Inside round - Combo
      Inside round - Boxed                    23   24,247   $319.22       $2.14
      Outside round
      Eye of round                            24   50,867   $267.31     ($0.38)
      Flats and eyes - Combo                  13  164,114   $264.61     ($0.05)
      Flats and eyes - Boxed
      Striploin                               65  242,534   $287.74     ($1.28)
      S.P.B. - Combo                          16  217,572   $268.37       $0.28
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     23   58,419   $225.35     ($5.90)
167A  Round, knuckle, peeled                   7   23,711   $247.13       $1.61
190   Loin, tenderloin, 2-3 lbs.              17   48,356   $402.39     ($9.39)
190   Loin, tenderloin, 3-4 lbs.              34   69,036   $406.24     ($0.54)
190   Loin, tenderloin, 4-5 lbs.             140  183,725   $452.69       $2.27
190   Loin, tenderloin, 5-up lbs.             28   42,430   $445.45     ($1.02)
193   Flank, flank steak                      86   86,821   $292.28       $2.29
      Flank, rough                            50   62,921   $237.28       $3.22
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              5   17,600   $291.20
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   20,280   $273.31       $3.08
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.               7   41,270   $427.39     ($0.76)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8   30,581   $233.03     ($0.71)
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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
1530C
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