Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

1. Cattle.com
2. Market Reports
3. Iowa
4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 10/12/2018

Past Market Reports

Report Date: 10/12/2018

LM_XB405
Des Moines, IA                 Fri, Oct 12, 2018                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:               $155.99
Change from prior day:                $1.56
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $192.46        $107.47         $1.40
100% lean inside round                      $273.50          $6.35       ($0.03)
100% lean, flats and eyes                   $261.81          $6.07         
100% lean, S.P.B.                           $262.13         $13.11         
Chuck Tender                                $204.02          $2.04         
Knuckle                   4-7 lbs.          $222.91          $5.64         $0.10
Tenderloin                2-3 lbs.          $379.06          $2.01       ($0.02)
Tenderloin                3-4 lbs.          $438.76          $3.25         $0.02
Ribeye Roll               4-6 lbs.          $277.26          $2.91         $0.05
Ribeye Roll               6-8 lbs.          $291.20          $2.15       ($0.01)
Ribeye Roll               8up lbs.          $302.00          $2.20         $0.05
Flank Steak                                 $304.33          $1.28         
Kidney, Edible                               $18.33          $0.08         
Fat, inedible                                $14.24          $0.33         
Bone                                          $4.60          $1.10         
--------------------------------------------------------------------------------
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                 19.49  loads --              779,522  pounds
Cutter/Canner Cuts                  2.72  loads --              108,986  pounds
Boner/Breaker/Cutter/Canner        20.59  loads --              823,590  pounds
100% Lean Items                    17.97  loads --              718,989  pounds
Frozen Cuts                         3.30  loads --              131,897  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    5,811   $293.32       $6.98
112   Rib, ribeye roll, 8-10 lbs.             28   36,427   $338.76     ($0.50)
112   Rib, ribeye roll, 10-up lbs.            91   87,853   $387.47     ($1.11)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   49,594   $433.83      $15.82
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   29,529   $394.12      $22.24
      Chuck, boneless 85%                               
120   Chuck, brisket                          22   48,246   $216.46     ($3.44)
168   Round, top inside, 10-dn lbs.            6   17,774   $213.35      $10.45
168   Round, top inside, 10-up lbs.           10   37,123   $218.16       
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     21  140,010   $285.71     ($0.73)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4    8,400   $272.80       
171C  Round, eye of round                     37   58,774   $257.40       $0.24
      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.            24  134,788   $200.87       $3.57
182   Loin, sirloin butt
184   Loin, top sirloin butt                  10   19,995   $221.12     ($0.72)
185A  Loin, bottom sirloin butt flap, bnls.   30   93,717   $278.26     ($7.68)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   15,360   $272.29       
112   Rib, ribeye roll, 6-8 lbs.              40   90,901   $291.20     ($0.07)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     5   19,651   $278.22       $1.27
      Inside round - Boxed                    27  118,055   $272.72     ($1.78)
      Outside round                            3   45,377   $260.70       
      Eye of round                            17   38,759   $269.43       $0.45
      Flats and eyes - Combo                  14  148,749   $260.17       $0.11
      Flats and eyes - Boxed                            
      Striploin                               81  275,784   $305.64     ($1.12)
      S.P.B. - Combo                           5   72,614   $262.13     ($0.06)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30   77,806   $204.02     ($0.42)
167A  Round, knuckle, peeled                  36  144,826   $222.91       $4.00
190   Loin, tenderloin, 2-3 lbs.               5   13,119   $379.06     ($3.02)
190   Loin, tenderloin, 3-4 lbs.              59  157,558   $438.76       $1.73
190   Loin, tenderloin, 4-5 lbs.             117  215,967   $520.00       $1.51
190   Loin, tenderloin, 5-up lbs.             52   40,627   $529.78    ($12.09)
193   Flank, flank steak                      64   77,090   $330.54     ($3.34)
      Flank, rough                            63   96,597   $245.60     ($4.36)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              9   31,965   $306.17       
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.             8   27,720   $286.57       $1.67
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.               5   30,818   $446.23       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak
--------------------------------------------------------------------------------
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

.