Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 10/27/2017

Past Market Reports

Report Date: 10/27/2017

LM_XB405
Des Moines, IA                 Fri, Oct 27, 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:               $169.06
Change from prior day:                $0.52
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $212.53        $118.68         $0.55
100% lean inside round                      $310.30          $7.20       ($0.01)
100% lean, flats and eyes                   $266.65          $6.19         $0.01
100% lean, S.P.B.                           $267.40         $13.37       ($0.03)
Chuck Tender                                $222.45          $2.22         
Knuckle                   4-7 lbs.          $235.29          $5.95         $0.15
Tenderloin                2-3 lbs.          $404.12          $2.14       ($0.07)
Tenderloin                3-4 lbs.          $418.04          $3.09         $0.05
Ribeye Roll               4-6 lbs.          $289.22          $3.04         $0.02
Ribeye Roll               6-8 lbs.          $293.97          $2.18       ($0.06)
Ribeye Roll               8up lbs.          $322.50          $2.35       ($0.08)
Flank Steak                                 $277.10          $1.16       ($0.01)
Kidney, Edible                               $16.50          $0.08         
Fat, inedible                                $18.93          $0.44         
Bone                                          $4.04          $0.97         
--------------------------------------------------------------------------------
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                 22.86  loads --              914,260  pounds
Cutter/Canner Cuts                  1.66  loads --               66,232  pounds
Boner/Breaker/Cutter/Canner        17.04  loads --              681,721  pounds
100% Lean Items                    24.11  loads --              964,384  pounds
Frozen Cuts                         3.86  loads --              154,429  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    3,360   $334.39      $28.77
112   Rib, ribeye roll, 8-10 lbs.             38   68,869   $327.68     ($0.28)
112   Rib, ribeye roll, 10-up lbs.            58  101,366   $338.47       $2.31
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   46,016   $338.78       $4.82
112A  Rib, ribeye roll-lip-on, 8-up lbs.       8   12,485   $317.54    ($27.50)
      Chuck, boneless 85%                      6  105,020   $190.27       
120   Chuck, brisket                          14   40,344   $225.53       $6.97
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           15   36,893   $223.89       $0.43
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     24  231,901   $286.88     ($3.15)
169A  Round, top inside c-off, 14-up lbs.      8   12,762   $292.91       $8.55
171B  Round, outside round                     7   10,074   $265.45     ($0.44)
171C  Round, eye of round                     41   45,978   $267.77     ($0.53)
      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.            20   41,295   $203.86    ($11.96)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   54,049   $196.89     ($0.14)
185A  Loin, bottom sirloin butt flap, bnls.   42   91,852   $269.27     ($7.45)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              42   55,117   $293.97     ($8.08)
112   Rib, ribeye roll, 8-up lbs.              4   10,780   $322.50
100% LEAN
      Inside round - Combo                     4   39,803   $306.43
      Inside round - Boxed                    27  107,358   $311.73     ($0.01)
      Outside round                            5   71,018   $269.27       
      Eye of round                            13   44,949   $270.90       $1.60
      Flats and eyes - Combo                  15  159,420   $264.28     ($0.22)
      Flats and eyes - Boxed                            
      Striploin                               70  312,736   $288.54     ($1.28)
      S.P.B. - Combo                          16  229,100   $267.40     ($0.60)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32   91,699   $222.45       $0.51
167A  Round, knuckle, peeled                  12   17,660   $235.29       $6.13
190   Loin, tenderloin, 2-3 lbs.              17   55,198   $404.12    ($13.46)
190   Loin, tenderloin, 3-4 lbs.              34   53,846   $418.04       $7.27
190   Loin, tenderloin, 4-5 lbs.             135  226,386   $453.52       $5.19
190   Loin, tenderloin, 5-up lbs.             21   25,440   $482.34     ($0.95)
193   Flank, flank steak                      92   99,516   $291.10     ($0.59)
      Flank, rough                            59  111,976   $234.96       $1.66
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             10   57,475   $293.51     ($0.10)
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.             6   19,240   $272.51       $0.95
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               5   42,434   $289.17       
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.                        
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       9   33,285   $235.26       $0.14
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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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