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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/21/2017

LM_XB405
Des Moines, IA                 Tue, Nov 21, 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:               $168.07
Change from prior day:              ($0.13)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $211.49        $118.10         
100% lean inside round                      $291.40          $6.76       ($0.08)
100% lean, flats and eyes                   $268.02          $6.22         $0.04
100% lean, S.P.B.                           $266.63         $13.33         $0.02
Chuck Tender                                $218.26          $2.18         
Knuckle                   4-7 lbs.          $233.86          $5.92       ($0.03)
Tenderloin                2-3 lbs.          $403.78          $2.14         $0.08
Tenderloin                3-4 lbs.          $443.49          $3.28       ($0.20)
Ribeye Roll               4-6 lbs.          $277.76          $2.92         $0.04
Ribeye Roll               6-8 lbs.          $294.84          $2.18       ($0.04)
Ribeye Roll               8up lbs.          $321.69          $2.35         $0.01
Flank Steak                                 $291.48          $1.22         $0.03
Kidney, Edible                               $17.67          $0.08         
Fat, inedible                                $18.93          $0.44         
Bone                                          $3.95          $0.95         
--------------------------------------------------------------------------------
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                 26.13  loads --            1,045,004  pounds
Cutter/Canner Cuts                  2.43  loads --               97,384  pounds
Boner/Breaker/Cutter/Canner        16.63  loads --              665,058  pounds
100% Lean Items                    23.18  loads --              927,210  pounds
Frozen Cuts                         2.04  loads --               81,687  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   22,631   $295.68     ($1.74)
112   Rib, ribeye roll, 8-10 lbs.             32   48,763   $341.78     ($6.25)
112   Rib, ribeye roll, 10-up lbs.           103   81,498   $381.84       $6.42
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   35,658   $338.90     ($1.42)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       5    9,220   $303.37       
      Chuck, boneless 85%                     10  134,324   $189.04       $3.00
120   Chuck, brisket                          26   59,525   $212.37       $1.69
168   Round, top inside, 10-dn lbs.            6    7,055   $243.77       $0.79
168   Round, top inside, 10-up lbs.           14   37,461   $226.98     ($0.44)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     26  324,533   $287.63       $0.95
169A  Round, top inside c-off, 14-up lbs.      9   42,456   $288.17     ($0.74)
171B  Round, outside round                     7    7,831   $268.94       $0.04
171C  Round, eye of round                     44   37,991   $261.05     ($0.78)
      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.            16   37,293   $222.49       $1.69
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  12   29,923   $198.75       $0.16
185A  Loin, bottom sirloin butt flap, bnls.   42  122,926   $271.06     ($7.05)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              36   53,777   $294.84     ($5.06)
112   Rib, ribeye roll, 8-up lbs.              4   17,822   $321.69       $0.94
100% LEAN
      Inside round - Combo                     3   46,451   $281.94    ($20.71)
      Inside round - Boxed                    38  171,803   $293.96     ($0.05)
      Outside round                            3   47,864   $269.19       $2.02
      Eye of round                            13   32,537   $271.34       $6.59
      Flats and eyes - Combo                  14  154,920   $266.96       $0.16
      Flats and eyes - Boxed                            
      Striploin                               97  319,925   $287.87     ($1.02)
      S.P.B. - Combo                          15  153,710   $266.63       $0.36
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41   96,292   $218.26       $0.28
167A  Round, knuckle, peeled                  18   40,544   $233.86     ($1.12)
190   Loin, tenderloin, 2-3 lbs.              20   42,609   $403.78      $14.28
190   Loin, tenderloin, 3-4 lbs.              34   81,019   $443.49    ($26.70)
190   Loin, tenderloin, 4-5 lbs.             132  178,606   $519.70       $1.02
190   Loin, tenderloin, 5-up lbs.             54   33,183   $522.62       $2.56
193   Flank, flank steak                      87   94,925   $296.30       $5.61
      Flank, rough                            60   97,880   $265.61       $2.63
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   10,915   $285.28     ($4.68)
112   Rib, ribeye roll, 10-up lbs.             3    2,781   $376.16     ($3.74)
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.             4   20,540   $269.57       $1.62
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   27,606   $273.10
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                       5   13,860   $258.45       $7.47
--------------------------------------------------------------------------------
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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