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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/6/2018

LM_XB405
Des Moines, IA                 Tue, Nov 06, 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:               $154.61
Change from prior day:                $1.98
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $191.49        $106.93         $2.21
100% lean inside round                      $272.26          $6.32         $0.05
100% lean, flats and eyes                   $259.35          $6.02         $0.01
100% lean, S.P.B.                           $244.92         $12.25       ($0.17)
Chuck Tender                                $209.12          $2.09         $0.01
Knuckle                   4-7 lbs.          $221.66          $5.61         $0.01
Tenderloin                2-3 lbs.          $429.01          $2.27         $0.03
Tenderloin                3-4 lbs.          $439.79          $3.25       ($0.05)
Ribeye Roll               4-6 lbs.          $266.00          $2.79         
Ribeye Roll               6-8 lbs.          $288.84          $2.14       ($0.03)
Ribeye Roll               8up lbs.          $300.00          $2.19         
Flank Steak                                 $282.40          $1.19       ($0.09)
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                 22.75  loads --              910,072  pounds
Cutter/Canner Cuts                  2.70  loads --              107,856  pounds
Boner/Breaker/Cutter/Canner        21.34  loads --              853,458  pounds
100% Lean Items                    21.65  loads --              866,194  pounds
Frozen Cuts                         1.71  loads --               68,596  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   14,732   $307.33       $0.84
112   Rib, ribeye roll, 8-10 lbs.             38   62,200   $334.74     ($5.92)
112   Rib, ribeye roll, 10-up lbs.           132  171,568   $348.53     ($0.13)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      11   12,835   $480.34       $2.63
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   17,417   $372.86     ($1.19)
      Chuck, boneless 85%                               
120   Chuck, brisket                          19   47,503   $219.37       $0.04
168   Round, top inside, 10-dn lbs.            4    8,393   $224.66
168   Round, top inside, 10-up lbs.           10   29,278   $231.16     ($1.59)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     28  205,359   $277.71       $1.84
169A  Round, top inside c-off, 14-up lbs.      3    1,035   $280.50      $23.93
171B  Round, outside round                     7   13,432   $268.21       $0.95
171C  Round, eye of round                     48   50,069   $256.92     ($0.53)
      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.            28   37,654   $217.87       $4.58
182   Loin, sirloin butt
184   Loin, top sirloin butt                  31   68,526   $202.19       $5.15
185A  Loin, bottom sirloin butt flap, bnls.   33  156,427   $258.65     ($4.68)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              39   96,657   $288.84     ($4.07)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    10   98,733   $271.67       $2.18
      Inside round - Boxed                    30   93,292   $272.88       $1.21
      Outside round                            4   84,516   $263.59       
      Eye of round                            25   80,738   $266.34     ($0.14)
      Flats and eyes - Combo                  17  133,009   $252.40     ($1.77)
      Flats and eyes - Boxed                            
      Striploin                               95  319,512   $298.83       $0.16
      S.P.B. - Combo                           5   56,394   $244.92     ($3.46)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   78,874   $209.12       $1.54
167A  Round, knuckle, peeled                  35  196,137   $221.66       $0.47
190   Loin, tenderloin, 2-3 lbs.              13   47,720   $429.01       $5.76
190   Loin, tenderloin, 3-4 lbs.              61  115,170   $439.79     ($6.58)
190   Loin, tenderloin, 4-5 lbs.             127  169,164   $514.70     ($1.59)
190   Loin, tenderloin, 5-up lbs.             53   28,791   $535.29      $16.54
193   Flank, flank steak                      69   89,382   $302.25    ($20.55)
      Flank, rough                            76  128,220   $253.22     ($2.73)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   17,136   $284.58     ($0.53)
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.             5   13,714   $280.84       $8.26
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                      12   32,076   $227.07     ($2.29)
--------------------------------------------------------------------------------
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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