Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 11/7/2018

Past Market Reports

Report Date: 11/7/2018

LM_XB405
Des Moines, IA                 Wed, Nov 07, 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:               $153.32
Change from prior day:              ($1.30)
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Item                                          Price          Value        Change
90% lean                                    $189.64        $105.90       ($1.04)
100% lean inside round                      $271.77          $6.31       ($0.01)
100% lean, flats and eyes                   $258.05          $5.99       ($0.03)
100% lean, S.P.B.                           $241.91         $12.10       ($0.15)
Chuck Tender                                $210.22          $2.10         $0.01
Knuckle                   4-7 lbs.          $219.41          $5.55       ($0.06)
Tenderloin                2-3 lbs.          $429.01          $2.27         
Tenderloin                3-4 lbs.          $441.50          $3.27         $0.02
Ribeye Roll               4-6 lbs.          $263.13          $2.76       ($0.03)
Ribeye Roll               6-8 lbs.          $288.39          $2.13       ($0.01)
Ribeye Roll               8up lbs.          $300.00          $2.19         
Flank Steak                                 $282.77          $1.19         
Kidney, Edible                               $19.00          $0.09         
Fat, inedible                                $14.91          $0.35         
Bone                                          $4.67          $1.12         
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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                 21.99  loads --              879,562  pounds
Cutter/Canner Cuts                  2.82  loads --              112,764  pounds
Boner/Breaker/Cutter/Canner        24.76  loads --              990,578  pounds
100% Lean Items                    23.44  loads --              937,427  pounds
Frozen Cuts                         2.16  loads --               86,319  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   14,732   $307.33       
112   Rib, ribeye roll, 8-10 lbs.             44   68,089   $335.23       $0.49
112   Rib, ribeye roll, 10-up lbs.           128  150,854   $345.67     ($2.86)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   15,926   $469.86    ($10.48)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   18,240   $358.28    ($14.58)
      Chuck, boneless 85%                               
120   Chuck, brisket                          20   45,855   $219.77       $0.40
168   Round, top inside, 10-dn lbs.            4    8,393   $224.66       
168   Round, top inside, 10-up lbs.           11   30,929   $229.06     ($2.10)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     30  210,575   $277.92       $0.21
169A  Round, top inside c-off, 14-up lbs.      3    1,035   $280.50       
171B  Round, outside round                     6    9,432   $267.24     ($0.97)
171C  Round, eye of round                     34   45,622   $260.12       $3.20
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              5   10,637   $191.82
180   Loin, strip, bnls, 9-up lbs.            26   80,838   $207.14    ($10.73)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  27   62,124   $203.71       $1.52
185A  Loin, bottom sirloin butt flap, bnls.   31   96,667   $265.01       $6.36
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              39   92,050   $288.39     ($0.45)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    11  106,925   $270.94     ($0.73)
      Inside round - Boxed                    27   90,719   $272.76     ($0.12)
      Outside round                            3   65,576   $264.58       $0.99
      Eye of round                            24   72,942   $265.54     ($0.80)
      Flats and eyes - Combo                  21  186,670   $252.83       $0.43
      Flats and eyes - Boxed                            
      Striploin                               93  305,546   $297.92     ($0.91)
      S.P.B. - Combo                           8  109,049   $241.91     ($3.01)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   94,251   $210.22       $1.10
167A  Round, knuckle, peeled                  40  306,328   $219.41     ($2.25)
190   Loin, tenderloin, 2-3 lbs.              13   47,720   $429.01       
190   Loin, tenderloin, 3-4 lbs.              55  126,158   $441.50       $1.71
190   Loin, tenderloin, 4-5 lbs.             116  148,803   $519.85       $5.15
190   Loin, tenderloin, 5-up lbs.             54   31,623   $536.28       $0.99
193   Flank, flank steak                      64   85,840   $303.50       $1.25
      Flank, rough                            80  149,855   $251.51     ($1.71)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   30,000   $322.19
112   Rib, ribeye roll, 8-10 lbs.              5   17,136   $284.58       
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.             3    8,074   $280.01     ($0.83)
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                      11   31,109   $225.57     ($1.50)
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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
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