Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 10/18/2017

Past Market Reports

Report Date: 10/18/2017

LM_XB405
Des Moines, IA                 Wed, Oct 18, 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:               $170.55
Change from prior day:                $0.18
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $215.25        $120.20         $0.70
100% lean inside round                      $308.12          $7.15       ($0.10)
100% lean, flats and eyes                   $265.49          $6.16         
100% lean, S.P.B.                           $267.62         $13.38       ($0.04)
Chuck Tender                                $224.44          $2.24       ($0.01)
Knuckle                   4-7 lbs.          $232.35          $5.88       ($0.37)
Tenderloin                2-3 lbs.          $400.83          $2.12       ($0.01)
Tenderloin                3-4 lbs.          $409.39          $3.03         $0.02
Ribeye Roll               4-6 lbs.          $289.48          $3.04       ($0.01)
Ribeye Roll               6-8 lbs.          $303.80          $2.25         
Ribeye Roll               8up lbs.          $333.90          $2.44         
Flank Steak                                 $275.94          $1.16         
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                 23.66  loads --              946,398  pounds
Cutter/Canner Cuts                  2.11  loads --               84,342  pounds
Boner/Breaker/Cutter/Canner        15.48  loads --              619,263  pounds
100% Lean Items                    20.32  loads --              812,762  pounds
Frozen Cuts                         1.96  loads --               78,376  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    8,925   $306.08     ($0.34)
112   Rib, ribeye roll, 8-10 lbs.             26   62,183   $326.48     ($0.71)
112   Rib, ribeye roll, 10-up lbs.            60  130,692   $337.99     ($2.18)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   45,173   $327.65     ($1.55)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   18,340   $359.91       $6.15
      Chuck, boneless 85%                      6   84,028   $191.21       
120   Chuck, brisket                          21   44,834   $216.89       $0.80
168   Round, top inside, 10-dn lbs.            5   13,015   $214.57
168   Round, top inside, 10-up lbs.           13   36,745   $225.30       $2.31
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  267,786   $292.49       $3.95
169A  Round, top inside c-off, 14-up lbs.      6   38,368   $288.86       $0.02
171B  Round, outside round                     5    8,205   $266.38     ($0.02)
171C  Round, eye of round                     37   38,623   $269.25       $3.25
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              4    6,374   $202.36       $0.50
180   Loin, strip, bnls, 9-up lbs.            12   10,266   $227.59     ($0.96)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  11   21,755   $214.31     ($1.88)
185A  Loin, bottom sirloin butt flap, bnls.   37   99,199   $253.20     ($0.02)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              38   65,321   $303.80     ($0.61)
112   Rib, ribeye roll, 8-up lbs.              4   15,000   $333.90       
100% LEAN
      Inside round - Combo                     5   41,840   $301.29
      Inside round - Boxed                    23   45,448   $314.41     ($4.81)
      Outside round                            3   30,009   $267.98
      Eye of round                            22   52,381   $268.42       $1.11
      Flats and eyes - Combo                  14  159,607   $264.06     ($0.55)
      Flats and eyes - Boxed                            
      Striploin                               65  256,397   $287.59     ($0.15)
      S.P.B. - Combo                          18  227,080   $267.62     ($0.75)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   55,832   $224.44     ($0.91)
167A  Round, knuckle, peeled                  13   62,761   $232.35    ($14.78)
190   Loin, tenderloin, 2-3 lbs.              16   47,181   $400.83     ($1.56)
190   Loin, tenderloin, 3-4 lbs.              39   84,111   $409.39       $3.15
190   Loin, tenderloin, 4-5 lbs.             145  175,119   $454.31       $1.62
190   Loin, tenderloin, 5-up lbs.             31   41,290   $454.50       $9.05
193   Flank, flank steak                      82   83,275   $292.70       $0.42
      Flank, rough                            53   69,694   $238.23       $0.95
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              4   14,575   $289.79     ($1.41)
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   16,710   $269.98     ($3.33)
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.               6   10,065   $435.06       $7.67
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      10   33,486   $234.25       $1.22
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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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