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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/3/2017

LM_XB405
Des Moines, IA                 Fri, Nov 03, 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:               $169.85
Change from prior day:              ($0.76)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $213.60        $119.27       ($0.88)
100% lean inside round                      $305.62          $7.09       ($0.01)
100% lean, flats and eyes                   $265.48          $6.16         $0.01
100% lean, S.P.B.                           $265.14         $13.26         $0.02
Chuck Tender                                $222.64          $2.23         $0.01
Knuckle                   4-7 lbs.          $240.99          $6.10       ($0.03)
Tenderloin                2-3 lbs.          $400.50          $2.12         $0.06
Tenderloin                3-4 lbs.          $424.91          $3.14       ($0.02)
Ribeye Roll               4-6 lbs.          $300.00          $3.15         
Ribeye Roll               6-8 lbs.          $298.28          $2.21         $0.07
Ribeye Roll               8up lbs.          $318.00          $2.32       ($0.01)
Flank Steak                                 $290.64          $1.22         $0.02
Kidney, Edible                               $18.00          $0.08         
Fat, inedible                                $18.93          $0.44         
Bone                                          $4.40          $1.06         
--------------------------------------------------------------------------------
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                 24.42  loads --              976,924  pounds
Cutter/Canner Cuts                  1.57  loads --               62,829  pounds
Boner/Breaker/Cutter/Canner        17.91  loads --              716,218  pounds
100% Lean Items                    19.26  loads --              770,365  pounds
Frozen Cuts                         1.23  loads --               49,085  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8    8,283   $312.71    ($21.52)
112   Rib, ribeye roll, 8-10 lbs.             34   68,112   $328.37     ($0.02)
112   Rib, ribeye roll, 10-up lbs.            62   93,755   $339.59     ($1.88)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   22,902   $344.49     ($4.00)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       5   10,353   $322.03     ($1.37)
      Chuck, boneless 85%
120   Chuck, brisket                          21   42,370   $213.08    ($11.85)
168   Round, top inside, 10-dn lbs.            5    2,746   $221.88       
168   Round, top inside, 10-up lbs.           10   37,909   $226.16       $7.97
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  305,087   $285.49       $0.46
169A  Round, top inside c-off, 14-up lbs.      7   18,587   $273.09       $1.36
171B  Round, outside round                     4    4,882   $265.45     ($2.63)
171C  Round, eye of round                     33   44,635   $271.21       $0.97
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              4   12,900   $203.18
180   Loin, strip, bnls, 9-up lbs.            19   42,846   $228.18       $8.47
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23   66,525   $194.19       $2.90
185A  Loin, bottom sirloin butt flap, bnls.   53  159,545   $258.94     ($1.16)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              27   60,104   $298.28       $9.32
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     9   77,355   $304.46     ($0.94)
      Inside round - Boxed                    30   74,350   $306.83     ($0.36)
      Outside round
      Eye of round                            18   38,887   $269.75     ($0.42)
      Flats and eyes - Combo                  14  149,205   $264.06       $0.11
      Flats and eyes - Boxed                            
      Striploin                               59  227,180   $290.26       $2.22
      S.P.B. - Combo                          11  172,000   $265.14       $0.43
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     42  102,289   $222.64       $0.59
167A  Round, knuckle, peeled                  11   47,847   $240.99     ($1.44)
190   Loin, tenderloin, 2-3 lbs.              21   52,783   $400.50      $12.59
190   Loin, tenderloin, 3-4 lbs.              38   71,754   $424.91     ($2.27)
190   Loin, tenderloin, 4-5 lbs.             140  217,092   $459.38       $1.32
190   Loin, tenderloin, 5-up lbs.             19   34,655   $487.16       $1.80
193   Flank, flank steak                      84   88,926   $294.03       $4.26
      Flank, rough                            66  100,872   $242.45       $0.80
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
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.             3   12,390   $269.44     ($1.81)
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.               3    1,162   $123.00
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5   19,871   $275.46      $22.88
--------------------------------------------------------------------------------
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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