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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/5/2018

LM_XB405
Des Moines, IA                 Mon, Nov 05, 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:               $152.63
Change from prior day:              ($1.44)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $187.53        $104.72       ($1.42)
100% lean inside round                      $270.29          $6.27       ($0.02)
100% lean, flats and eyes                   $258.89          $6.01       ($0.02)
100% lean, S.P.B.                           $248.38         $12.42       ($0.16)
Chuck Tender                                $207.58          $2.08       ($0.01)
Knuckle                   4-7 lbs.          $221.19          $5.60         $0.05
Tenderloin                2-3 lbs.          $423.25          $2.24         $0.19
Tenderloin                3-4 lbs.          $446.37          $3.30       ($0.03)
Ribeye Roll               4-6 lbs.          $266.00          $2.79       ($0.02)
Ribeye Roll               6-8 lbs.          $292.91          $2.17         $0.02
Ribeye Roll               8up lbs.          $300.00          $2.19         
Flank Steak                                 $304.39          $1.28       ($0.02)
Kidney, Edible                               $19.00          $0.09         
Fat, inedible                                $14.91          $0.35         
Bone                                          $4.67          $1.12         
--------------------------------------------------------------------------------
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                 23.48  loads --              939,216  pounds
Cutter/Canner Cuts                  2.93  loads --              117,399  pounds
Boner/Breaker/Cutter/Canner        21.03  loads --              841,324  pounds
100% Lean Items                    25.12  loads --            1,004,944  pounds
Frozen Cuts                         1.55  loads --               62,088  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   16,132   $306.49      $19.75
112   Rib, ribeye roll, 8-10 lbs.             35   39,156   $340.66       $8.10
112   Rib, ribeye roll, 10-up lbs.           129  146,587   $348.66       $1.28
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   26,131   $477.71     ($0.45)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   17,640   $374.05      $25.04
      Chuck, boneless 85%                               
120   Chuck, brisket                          17   43,060   $219.33       $4.09
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.            6   24,579   $232.75       $2.02
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     28  249,858   $275.87     ($2.55)
169A  Round, top inside c-off, 14-up lbs.      4    2,828   $256.57       $1.65
171B  Round, outside round                     6    9,739   $267.26       
171C  Round, eye of round                     48   55,190   $257.45       $1.22
      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.            29   48,329   $213.29       $4.26
182   Loin, sirloin butt
184   Loin, top sirloin butt                  27   64,042   $197.04     ($9.84)
185A  Loin, bottom sirloin butt flap, bnls.   38  183,218   $263.33     ($9.33)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              41  106,175   $292.91       $2.42
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    10  166,893   $269.49     ($1.16)
      Inside round - Boxed                    26   96,885   $271.67       $0.05
      Outside round                            4   84,516   $263.59       $3.43
      Eye of round                            23   77,115   $266.48     ($0.03)
      Flats and eyes - Combo                  20  208,066   $254.17     ($3.00)
      Flats and eyes - Boxed                            
      Striploin                               88  296,877   $298.67       $1.51
      S.P.B. - Combo                           8   74,592   $248.38     ($3.27)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   61,844   $207.58     ($0.98)
167A  Round, knuckle, peeled                  33  183,203   $221.19       $1.94
190   Loin, tenderloin, 2-3 lbs.              12   50,954   $423.25      $36.55
190   Loin, tenderloin, 3-4 lbs.              57   98,792   $446.37     ($3.49)
190   Loin, tenderloin, 4-5 lbs.             118  142,195   $516.29       $7.22
190   Loin, tenderloin, 5-up lbs.             56   71,489   $518.75     ($3.28)
193   Flank, flank steak                      72   89,789   $322.80     ($6.48)
      Flank, rough                            85  143,058   $255.95       $2.00
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   18,291   $285.11     ($2.13)
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   16,096   $272.58       
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                       9   22,031   $229.36     ($0.49)
--------------------------------------------------------------------------------
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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