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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/19/2017

LM_XB405
Des Moines, IA                 Thu, Oct 19, 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:               $170.58
Change from prior day:                $0.03
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $215.25        $120.20         
100% lean inside round                      $309.20          $7.17         $0.02
100% lean, flats and eyes                   $265.82          $6.17         $0.01
100% lean, S.P.B.                           $267.58         $13.38         
Chuck Tender                                $223.36          $2.23       ($0.01)
Knuckle                   4-7 lbs.          $232.68          $5.89         $0.01
Tenderloin                2-3 lbs.          $386.63          $2.05       ($0.07)
Tenderloin                3-4 lbs.          $418.36          $3.10         $0.07
Ribeye Roll               4-6 lbs.          $289.48          $3.04         
Ribeye Roll               6-8 lbs.          $303.39          $2.25         
Ribeye Roll               8up lbs.          $333.90          $2.44         
Flank Steak                                 $275.07          $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                 21.74  loads --              869,714  pounds
Cutter/Canner Cuts                  2.10  loads --               84,141  pounds
Boner/Breaker/Cutter/Canner        16.64  loads --              665,543  pounds
100% Lean Items                    19.89  loads --              795,619  pounds
Frozen Cuts                         2.43  loads --               97,099  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    8,295   $304.41     ($1.67)
112   Rib, ribeye roll, 8-10 lbs.             33   71,845   $327.26       $0.78
112   Rib, ribeye roll, 10-up lbs.            70  149,688   $338.56       $0.57
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   24,888   $342.72      $15.07
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   11,990   $353.87     ($6.04)
      Chuck, boneless 85%                      6   84,028   $191.21       
120   Chuck, brisket                          20   44,472   $217.69       $0.80
168   Round, top inside, 10-dn lbs.            6   17,353   $215.93       $1.36
168   Round, top inside, 10-up lbs.            8   27,048   $225.36       $0.06
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     23  207,981   $288.48     ($4.01)
169A  Round, top inside c-off, 14-up lbs.      4   31,814   $289.50       $0.64
171B  Round, outside round                     4    6,232   $267.51       $1.13
171C  Round, eye of round                     33   29,150   $272.86       $3.61
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              4    6,638   $202.69       $0.33
180   Loin, strip, bnls, 9-up lbs.            11   16,847   $241.51      $13.92
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  11   21,755   $214.31       
185A  Loin, bottom sirloin butt flap, bnls.   38  103,748   $253.70       $0.50
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              38   65,120   $303.39     ($0.41)
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   49,728   $315.85       $1.44
      Outside round                            3   30,009   $267.98       
      Eye of round                            18   34,847   $271.18       $2.76
      Flats and eyes - Combo                  13  143,299   $264.07       $0.01
      Flats and eyes - Boxed                            
      Striploin                               67  274,816   $287.79       $0.20
      S.P.B. - Combo                          18  221,080   $267.58     ($0.04)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   59,192   $223.36     ($1.08)
167A  Round, knuckle, peeled                  14   66,961   $232.68       $0.33
190   Loin, tenderloin, 2-3 lbs.              16   57,458   $386.63    ($14.20)
190   Loin, tenderloin, 3-4 lbs.              42   88,188   $418.36       $8.97
190   Loin, tenderloin, 4-5 lbs.             156  181,924   $454.39       $0.08
190   Loin, tenderloin, 5-up lbs.             30   54,312   $451.69     ($2.81)
193   Flank, flank steak                      95   86,136   $290.85     ($1.85)
      Flank, rough                            51   71,372   $238.63       $0.40
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6   20,625   $287.37     ($2.42)
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.             7   31,270   $271.39       $1.41
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    9,291   $439.60       $4.54
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       9   32,373   $233.09     ($1.16)
--------------------------------------------------------------------------------
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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