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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/22/2017

LM_XB405
Des Moines, IA                 Wed, Nov 22, 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:               $168.52
Change from prior day:                $0.45
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $212.20        $118.49         $0.39
100% lean inside round                      $289.21          $6.71       ($0.05)
100% lean, flats and eyes                   $267.80          $6.21       ($0.01)
100% lean, S.P.B.                           $266.45         $13.32       ($0.01)
Chuck Tender                                $217.74          $2.18         
Knuckle                   4-7 lbs.          $241.10          $6.10         $0.18
Tenderloin                2-3 lbs.          $391.10          $2.07       ($0.07)
Tenderloin                3-4 lbs.          $439.81          $3.25       ($0.03)
Ribeye Roll               4-6 lbs.          $283.46          $2.98         $0.06
Ribeye Roll               6-8 lbs.          $292.66          $2.17       ($0.01)
Ribeye Roll               8up lbs.          $322.51          $2.35         
Flank Steak                                 $291.30          $1.22         
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                 24.35  loads --              974,187  pounds
Cutter/Canner Cuts                  2.11  loads --               84,318  pounds
Boner/Breaker/Cutter/Canner        14.86  loads --              594,530  pounds
100% Lean Items                    19.64  loads --              785,547  pounds
Frozen Cuts                         1.73  loads --               69,226  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   22,995   $294.41     ($1.27)
112   Rib, ribeye roll, 8-10 lbs.             28   38,640   $350.01       $8.23
112   Rib, ribeye roll, 10-up lbs.           115   76,409   $381.90       $0.06
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   29,605   $342.33       $3.43
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                     10  134,324   $189.04       
120   Chuck, brisket                          26   87,983   $208.33     ($4.04)
168   Round, top inside, 10-dn lbs.            6    7,055   $243.77       
168   Round, top inside, 10-up lbs.           13   34,343   $224.92     ($2.06)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     20  240,151   $288.05       $0.42
169A  Round, top inside c-off, 14-up lbs.      9   42,456   $288.17       
171B  Round, outside round                     6    7,620   $268.85     ($0.09)
171C  Round, eye of round                     44   41,393   $259.53     ($1.52)
      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.            14   34,735   $220.82     ($1.67)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  12   32,309   $199.99       $1.24
185A  Loin, bottom sirloin butt flap, bnls.   39  133,619   $273.26       $2.20
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              33   46,435   $292.66     ($2.18)
112   Rib, ribeye roll, 8-up lbs.              6   28,782   $322.51       $0.82
100% LEAN
      Inside round - Combo
      Inside round - Boxed                    33  146,459   $292.91     ($1.05)
      Outside round
      Eye of round                            16   37,506   $270.64     ($0.70)
      Flats and eyes - Combo                  12  131,298   $266.70     ($0.26)
      Flats and eyes - Boxed                            
      Striploin                               98  269,890   $286.14     ($1.73)
      S.P.B. - Combo                          13  141,910   $266.45     ($0.18)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35   80,516   $217.74     ($0.52)
167A  Round, knuckle, peeled                  17   26,464   $241.10       $7.24
190   Loin, tenderloin, 2-3 lbs.              21   60,245   $392.19    ($11.59)
190   Loin, tenderloin, 3-4 lbs.              25   67,115   $440.34     ($3.15)
190   Loin, tenderloin, 4-5 lbs.             123  158,538   $520.31       $0.61
190   Loin, tenderloin, 5-up lbs.             53   27,891   $535.51      $12.89
193   Flank, flank steak                      84   90,283   $297.43       $1.13
      Flank, rough                            53   83,478   $267.18       $1.57
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   12,015   $285.99       $0.71
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   21,164   $270.11       $0.54
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.                        
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5   16,510   $257.74     ($0.71)
--------------------------------------------------------------------------------
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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