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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/27/2017

LM_XB405
Des Moines, IA                 Mon, Nov 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:               $169.55
Change from prior day:                $1.37
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $213.94        $119.46         $0.97
100% lean inside round                      $276.41          $6.41         
100% lean, flats and eyes                   $271.57          $6.30         $0.09
100% lean, S.P.B.                           $270.15         $13.51         $0.19
Chuck Tender                                $216.93          $2.17       ($0.01)
Knuckle                   4-7 lbs.          $237.25          $6.00       ($0.03)
Tenderloin                2-3 lbs.          $394.65          $2.09         $0.02
Tenderloin                3-4 lbs.          $454.49          $3.36         $0.12
Ribeye Roll               4-6 lbs.          $285.71          $3.00         $0.02
Ribeye Roll               6-8 lbs.          $291.09          $2.15       ($0.03)
Ribeye Roll               8up lbs.          $323.71          $2.36         
Flank Steak                                 $302.33          $1.27         $0.03
Kidney, Edible                               $17.90          $0.08         
Fat, inedible                                $16.92          $0.39       ($0.05)
Bone                                          $4.18          $1.00         $0.05
--------------------------------------------------------------------------------
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                 23.56  loads --              942,235  pounds
Cutter/Canner Cuts                  1.89  loads --               75,759  pounds
Boner/Breaker/Cutter/Canner        14.10  loads --              563,891  pounds
100% Lean Items                    15.14  loads --              605,420  pounds
Frozen Cuts                         2.71  loads --              108,503  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   10,080   $303.99       $6.56
112   Rib, ribeye roll, 8-10 lbs.             21   51,983   $340.76     ($6.01)
112   Rib, ribeye roll, 10-up lbs.           101   51,658   $377.03     ($3.97)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   31,281   $340.94     ($0.09)
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      8  115,396   $192.65       $3.61
120   Chuck, brisket                          23   63,993   $205.67     ($2.44)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.            9   24,711   $237.51       $0.68
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     26  295,634   $285.30     ($2.31)
169A  Round, top inside c-off, 14-up lbs.      8   29,509   $288.08     ($0.19)
171B  Round, outside round                     5    6,952   $267.97     ($0.54)
171C  Round, eye of round                     28   33,740   $259.76     ($0.70)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              3    1,392   $203.24
180   Loin, strip, bnls, 9-up lbs.            15   21,969   $236.76     ($1.39)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                   9   30,495   $197.54     ($0.46)
185A  Loin, bottom sirloin butt flap, bnls.   42  164,314   $271.85     ($3.81)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              25   50,218   $291.09     ($3.70)
112   Rib, ribeye roll, 8-up lbs.              4   16,440   $323.71     ($0.03)
100% LEAN
      Inside round - Combo                              
      Inside round - Boxed                    24   42,207   $276.41     ($3.78)
      Outside round
      Eye of round                            15   35,343   $266.73     ($1.82)
      Flats and eyes - Combo                  12  144,570   $273.15       $6.15
      Flats and eyes - Boxed                            
      Striploin                               75  198,516   $283.98       $0.28
      S.P.B. - Combo                          10  158,000   $270.15       $3.67
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     25   91,803   $216.93     ($0.96)
167A  Round, knuckle, peeled                  21   47,858   $237.25     ($1.07)
190   Loin, tenderloin, 2-3 lbs.              18   62,002   $395.73       $3.23
190   Loin, tenderloin, 3-4 lbs.              20   78,948   $454.96      $16.79
190   Loin, tenderloin, 4-5 lbs.              93  133,997   $493.02    ($20.15)
190   Loin, tenderloin, 5-up lbs.             42   13,466   $545.84       $3.07
193   Flank, flank steak                      75   68,713   $308.20       $2.94
      Flank, rough                            49   67,104   $264.32     ($2.88)
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.             6   18,994   $267.80       
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                       4    9,010   $257.56     ($0.18)
--------------------------------------------------------------------------------
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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