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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/16/2018

LM_XB405
Des Moines, IA                 Tue, Oct 16, 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:               $156.05
Change from prior day:                $0.23
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $193.00        $107.77         $0.52
100% lean inside round                      $275.47          $6.39       ($0.01)
100% lean, flats and eyes                   $261.68          $6.07       ($0.01)
100% lean, S.P.B.                           $256.91         $12.85       ($0.23)
Chuck Tender                                $202.85          $2.03         
Knuckle                   4-7 lbs.          $219.23          $5.55       ($0.08)
Tenderloin                2-3 lbs.          $375.60          $1.99       ($0.02)
Tenderloin                3-4 lbs.          $450.13          $3.33         $0.05
Ribeye Roll               4-6 lbs.          $279.09          $2.93         $0.02
Ribeye Roll               6-8 lbs.          $297.08          $2.20         $0.02
Ribeye Roll               8up lbs.          $298.83          $2.18       ($0.02)
Flank Steak                                 $299.20          $1.26       ($0.01)
Kidney, Edible                               $19.67          $0.09         
Fat, inedible                                $14.24          $0.33         
Bone                                          $4.51          $1.08         
--------------------------------------------------------------------------------
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                 18.59  loads --              743,600  pounds
Cutter/Canner Cuts                  2.99  loads --              119,404  pounds
Boner/Breaker/Cutter/Canner        19.15  loads --              766,156  pounds
100% Lean Items                    18.96  loads --              758,274  pounds
Frozen Cuts                         4.39  loads --              175,462  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             34   62,936   $334.27     ($6.79)
112   Rib, ribeye roll, 10-up lbs.            99   76,473   $381.74     ($4.34)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   40,004   $449.28     ($0.39)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   26,654   $390.84     ($3.94)
      Chuck, boneless 85%                               
120   Chuck, brisket                          22   46,663   $215.68       $0.24
168   Round, top inside, 10-dn lbs.            8   19,434   $213.22     ($2.01)
168   Round, top inside, 10-up lbs.            9   32,926   $219.66     ($1.04)
169A  Round, top inside c-off, 8-10 lbs.       3   13,981   $278.29       
169A  Round, top inside c-off, 10-14 lbs.     25  213,702   $284.14       $0.51
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   11,600   $272.72       $0.90
171C  Round, eye of round                     41   58,256   $258.48       $3.17
      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.            19   38,048   $220.69      $20.23
182   Loin, sirloin butt
184   Loin, top sirloin butt                  14   31,509   $216.69     ($4.80)
185A  Loin, bottom sirloin butt flap, bnls.   27   59,981   $292.66      $12.75
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              48  103,358   $297.08       $2.03
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7  143,054   $278.20       $0.08
      Inside round - Boxed                    29  105,452   $271.77     ($1.06)
      Outside round
      Eye of round                            19   35,600   $268.13       $0.10
      Flats and eyes - Combo                  12  115,596   $259.98     ($0.27)
      Flats and eyes - Boxed                            
      Striploin                               84  260,006   $303.99     ($1.59)
      S.P.B. - Combo                           4   71,012   $256.91     ($4.66)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29   78,318   $202.85       $0.04
167A  Round, knuckle, peeled                  33  161,016   $219.23     ($3.45)
190   Loin, tenderloin, 2-3 lbs.               6   15,907   $375.60     ($2.76)
190   Loin, tenderloin, 3-4 lbs.              53  108,120   $450.13       $6.68
190   Loin, tenderloin, 4-5 lbs.             119  183,093   $511.79     ($0.75)
190   Loin, tenderloin, 5-up lbs.             49   38,779   $536.24       $6.61
193   Flank, flank steak                      69   78,738   $324.93     ($1.80)
      Flank, rough                            64  102,185   $249.38       $0.13
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   33,175   $304.54     ($1.63)
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       
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.               7   71,497   $445.53     ($0.70)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       4   24,062   $215.02
--------------------------------------------------------------------------------
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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