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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/17/2018

LM_XB405
Des Moines, IA                 Wed, Oct 17, 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:               $153.33
Change from prior day:              ($2.72)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $188.18        $105.08       ($2.69)
100% lean inside round                      $275.79          $6.40         $0.01
100% lean, flats and eyes                   $261.63          $6.07         
100% lean, S.P.B.                           $257.24         $12.86         $0.01
Chuck Tender                                $202.92          $2.03         
Knuckle                   4-7 lbs.          $215.29          $5.45       ($0.10)
Tenderloin                2-3 lbs.          $383.85          $2.03         $0.04
Tenderloin                3-4 lbs.          $463.63          $3.43         $0.10
Ribeye Roll               4-6 lbs.          $271.24          $2.85       ($0.08)
Ribeye Roll               6-8 lbs.          $295.74          $2.19       ($0.01)
Ribeye Roll               8up lbs.          $298.83          $2.18         
Flank Steak                                 $298.99          $1.26         
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                 16.87  loads --              674,780  pounds
Cutter/Canner Cuts                  4.04  loads --              161,654  pounds
Boner/Breaker/Cutter/Canner        19.88  loads --              795,274  pounds
100% Lean Items                    19.94  loads --              797,618  pounds
Frozen Cuts                         3.84  loads --              153,466  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.             33   49,802   $335.28       $1.01
112   Rib, ribeye roll, 10-up lbs.            99   70,921   $377.69     ($4.05)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   38,331   $450.44       $1.16
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   26,192   $391.80       $0.96
      Chuck, boneless 85%                               
120   Chuck, brisket                          24   39,249   $209.25     ($6.43)
168   Round, top inside, 10-dn lbs.            9   20,150   $213.06     ($0.16)
168   Round, top inside, 10-up lbs.            9   33,459   $221.98       $2.32
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     19  165,473   $281.89     ($2.25)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     7   13,183   $271.79     ($0.93)
171C  Round, eye of round                     47   70,786   $257.12     ($1.36)
      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   36,498   $222.45       $1.76
182   Loin, sirloin butt
184   Loin, top sirloin butt                  16   29,414   $216.79       $0.10
185A  Loin, bottom sirloin butt flap, bnls.   26   65,272   $284.85     ($7.81)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               5   45,458   $267.66
112   Rib, ribeye roll, 6-8 lbs.              50  107,946   $295.74     ($1.34)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7  143,054   $278.20       
      Inside round - Boxed                    24   91,960   $272.06       $0.29
      Outside round
      Eye of round                            23   42,219   $268.44       $0.31
      Flats and eyes - Combo                  12  100,871   $259.09     ($0.89)
      Flats and eyes - Boxed                            
      Striploin                               86  318,544   $304.00       $0.01
      S.P.B. - Combo                           5   73,416   $257.24       $0.33
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   65,609   $202.92       $0.07
167A  Round, knuckle, peeled                  35  209,433   $215.29     ($3.94)
190   Loin, tenderloin, 2-3 lbs.               8   25,099   $383.85       $8.25
190   Loin, tenderloin, 3-4 lbs.              49   98,120   $463.63      $13.50
190   Loin, tenderloin, 4-5 lbs.             127  177,602   $516.83       $5.04
190   Loin, tenderloin, 5-up lbs.             53   43,633   $540.28       $4.04
193   Flank, flank steak                      70   72,556   $326.83       $1.90
      Flank, rough                            68  103,222   $255.85       $6.47
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   33,175   $304.54       
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.               5   42,886   $445.89       $0.36
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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