Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 11/20/2018

Past Market Reports

Report Date: 11/20/2018

LM_XB405
Des Moines, IA                 Tue, Nov 20, 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:               $154.58
Change from prior day:              ($0.76)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $192.02        $107.22       ($0.79)
100% lean inside round                      $266.89          $6.19       ($0.02)
100% lean, flats and eyes                   $252.00          $5.85       ($0.01)
100% lean, S.P.B.                           $245.61         $12.28         $0.06
Chuck Tender                                $208.80          $2.09         $0.01
Knuckle                   4-7 lbs.          $223.74          $5.66         $0.01
Tenderloin                2-3 lbs.          $435.77          $2.31         
Tenderloin                3-4 lbs.          $451.91          $3.34       ($0.02)
Ribeye Roll               4-6 lbs.          $240.21          $2.52         $0.07
Ribeye Roll               6-8 lbs.          $301.10          $2.23       ($0.03)
Ribeye Roll               8up lbs.          $300.00          $2.19         
Flank Steak                                 $283.60          $1.19       ($0.04)
Kidney, Edible                               $18.66          $0.09         
Fat, inedible                                $14.91          $0.35         
Bone                                          $4.45          $1.07         
--------------------------------------------------------------------------------
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                 20.34  loads --              813,656  pounds
Cutter/Canner Cuts                  1.47  loads --               58,789  pounds
Boner/Breaker/Cutter/Canner        27.67  loads --            1,106,777  pounds
100% Lean Items                    22.88  loads --              915,047  pounds
Frozen Cuts                         4.96  loads --              198,230  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   15,382   $311.67       
112   Rib, ribeye roll, 8-10 lbs.             41   43,210   $339.34       $4.62
112   Rib, ribeye roll, 10-up lbs.           128   78,687   $363.93       $9.63
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   40,029   $402.48     ($6.24)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   12,789   $407.09     ($7.60)
      Chuck, boneless 85%                               
120   Chuck, brisket                          22   62,834   $222.13     ($1.96)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.            8   25,413   $224.26       $2.55
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     24  218,871   $270.87       $1.42
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     7   13,404   $266.29     ($0.09)
171C  Round, eye of round                     37   58,285   $254.68       $1.25
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              4    4,660   $205.88     ($1.09)
180   Loin, strip, bnls, 9-up lbs.            26   64,845   $214.74     ($0.41)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  19   59,449   $215.29       $3.22
185A  Loin, bottom sirloin butt flap, bnls.   40  100,705   $299.41      $21.84
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              35   47,883   $301.10     ($3.76)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    14  251,127   $266.46     ($0.37)
      Inside round - Boxed                    33   96,668   $267.99     ($2.21)
      Outside round
      Eye of round                            19   53,815   $255.70     ($0.50)
      Flats and eyes - Combo                  19  161,430   $250.78     ($0.25)
      Flats and eyes - Boxed                            
      Striploin                               78  258,034   $292.86     ($1.08)
      S.P.B. - Combo                           9   84,420   $245.61       $1.29
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35   98,770   $208.80       $0.55
167A  Round, knuckle, peeled                  40  305,910   $223.74       $0.52
190   Loin, tenderloin, 2-3 lbs.              10   44,896   $435.77       $0.73
190   Loin, tenderloin, 3-4 lbs.              47   88,698   $451.91     ($1.71)
190   Loin, tenderloin, 4-5 lbs.             139  278,159   $533.57     ($5.07)
190   Loin, tenderloin, 5-up lbs.             77   36,270   $555.16       $0.41
193   Flank, flank steak                      73   91,262   $298.63     ($5.25)
      Flank, rough                            82  162,812   $245.80       $0.10
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   21,385   $293.89     ($2.39)
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.               7  136,999   $447.59     ($6.87)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5   22,176   $221.74     ($2.37)
--------------------------------------------------------------------------------
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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