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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/22/2018

LM_XB405
Des Moines, IA                 Mon, Oct 22, 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:               $153.86
Change from prior day:                $1.08
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $189.99        $106.09         $1.17
100% lean inside round                      $269.51          $6.25       ($0.16)
100% lean, flats and eyes                   $263.28          $6.11         $0.02
100% lean, S.P.B.                           $252.82         $12.64         
Chuck Tender                                $204.60          $2.05         
Knuckle                   4-7 lbs.          $212.13          $5.37         $0.01
Tenderloin                2-3 lbs.          $376.05          $1.99         
Tenderloin                3-4 lbs.          $438.72          $3.25         $0.01
Ribeye Roll               4-6 lbs.          $267.38          $2.81         
Ribeye Roll               6-8 lbs.          $297.38          $2.20         
Ribeye Roll               8up lbs.          $299.85          $2.19         $0.01
Flank Steak                                 $321.67          $1.35       ($0.04)
Kidney, Edible                               $18.17          $0.08       ($0.01)
Fat, inedible                                $14.57          $0.34         $0.01
Bone                                          $4.77          $1.14         $0.06
--------------------------------------------------------------------------------
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                 19.92  loads --              796,655  pounds
Cutter/Canner Cuts                  4.34  loads --              173,644  pounds
Boner/Breaker/Cutter/Canner        24.13  loads --              965,030  pounds
100% Lean Items                    24.56  loads --              982,302  pounds
Frozen Cuts                         2.32  loads --               92,815  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    8,890   $284.96       $1.21
112   Rib, ribeye roll, 8-10 lbs.             45   84,015   $328.12     ($2.80)
112   Rib, ribeye roll, 10-up lbs.           138   74,741   $370.56       $2.61
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   15,150   $449.13    ($23.87)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   18,681   $348.74    ($24.77)
      Chuck, boneless 85%                               
120   Chuck, brisket                          18   45,764   $210.89       $0.95
168   Round, top inside, 10-dn lbs.            6    9,399   $202.89     ($0.33)
168   Round, top inside, 10-up lbs.           13   40,646   $225.78     ($2.84)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     22  149,921   $283.50       $1.01
169A  Round, top inside c-off, 14-up lbs.      3    3,364   $283.00
171B  Round, outside round                     6   10,621   $271.09       $0.62
171C  Round, eye of round                     54   69,883   $250.23       $0.72
      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.            20   44,834   $222.71     ($5.37)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  18   32,195   $217.22     ($0.01)
185A  Loin, bottom sirloin butt flap, bnls.   38  186,108   $267.71    ($23.37)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               5   47,741   $267.38     ($0.28)
112   Rib, ribeye roll, 6-8 lbs.              49  116,278   $297.38       $0.55
112   Rib, ribeye roll, 8-up lbs.              3    9,625   $299.85
100% LEAN
      Inside round - Combo                    16  333,241   $268.60     ($8.45)
      Inside round - Boxed                    28   79,407   $273.31     ($0.67)
      Outside round                                     
      Eye of round                            18   17,842   $270.59       $3.48
      Flats and eyes - Combo                  14  114,203   $262.13       $0.59
      Flats and eyes - Boxed                            
      Striploin                               88  354,193   $303.00     ($1.98)
      S.P.B. - Combo                           5   83,416   $252.82     ($0.01)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38   98,278   $204.60     ($0.79)
167A  Round, knuckle, peeled                  42  336,260   $212.13       $0.14
190   Loin, tenderloin, 2-3 lbs.               7   14,980   $376.05       $0.42
190   Loin, tenderloin, 3-4 lbs.              44   78,894   $438.64       $0.70
190   Loin, tenderloin, 4-5 lbs.             135  225,321   $499.97     ($2.56)
190   Loin, tenderloin, 5-up lbs.             54   31,683   $550.11       $5.27
193   Flank, flank steak                      75   62,752   $327.91     ($5.51)
      Flank, rough                            67  116,862   $253.07     ($0.81)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   13,230   $279.00       
112   Rib, ribeye roll, 8-10 lbs.              3   11,700   $291.61
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.                      
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.               4   58,152   $457.91       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak
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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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