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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/23/2018

LM_XB405
Des Moines, IA                 Fri, Nov 23, 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:               $156.33
Change from prior day:                $1.43
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $194.28        $108.49         $1.08
100% lean inside round                      $268.22          $6.22         
100% lean, flats and eyes                   $251.95          $5.85         
100% lean, S.P.B.                           $246.95         $12.35         $0.06
Chuck Tender                                $210.22          $2.10       ($0.01)
Knuckle                   4-7 lbs.          $224.81          $5.69         $0.01
Tenderloin                2-3 lbs.          $436.55          $2.31       ($0.01)
Tenderloin                3-4 lbs.          $477.98          $3.54         $0.15
Ribeye Roll               4-6 lbs.          $253.13          $2.66         $0.14
Ribeye Roll               6-8 lbs.          $298.96          $2.21         
Ribeye Roll               8up lbs.          $300.00          $2.19         
Flank Steak                                 $287.15          $1.21         $0.01
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                 22.18  loads --              887,278  pounds
Cutter/Canner Cuts                  1.38  loads --               55,085  pounds
Boner/Breaker/Cutter/Canner        18.28  loads --              731,385  pounds
100% Lean Items                    17.67  loads --              706,636  pounds
Frozen Cuts                         3.01  loads --              120,488  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   18,482   $307.15     ($4.52)
112   Rib, ribeye roll, 8-10 lbs.             37   52,398   $331.12    ($10.42)
112   Rib, ribeye roll, 10-up lbs.           101   71,567   $363.67     ($0.78)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   38,826   $405.63    ($10.16)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   25,092   $422.72      $21.70
      Chuck, boneless 85%                               
120   Chuck, brisket                          29   84,160   $222.41       $0.10
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.            6   12,220   $215.31     ($9.70)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     26  288,898   $266.73     ($0.18)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   11,096   $266.07     ($0.27)
171C  Round, eye of round                     35   47,580   $251.05     ($3.24)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              3    3,291   $205.70       $2.10
180   Loin, strip, bnls, 9-up lbs.            19   39,864   $234.64      $18.82
182   Loin, sirloin butt
184   Loin, top sirloin butt                  25  103,703   $199.03     ($2.40)
185A  Loin, bottom sirloin butt flap, bnls.   34   60,011   $305.41      $18.87
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              27   35,710   $298.96       $0.28
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     9  180,965   $269.22       $1.36
      Inside round - Boxed                    23   89,382   $266.21     ($2.74)
      Outside round
      Eye of round                            13   42,340   $258.41     ($0.33)
      Flats and eyes - Combo                  12  102,019   $249.28     ($0.33)
      Flats and eyes - Boxed                            
      Striploin                               78  236,410   $293.80       $0.63
      S.P.B. - Combo                           6   45,967   $246.95       $1.06
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     23   60,322   $210.22     ($0.70)
167A  Round, knuckle, peeled                  30  173,598   $224.81       $0.26
190   Loin, tenderloin, 2-3 lbs.              10   37,569   $436.55     ($0.24)
190   Loin, tenderloin, 3-4 lbs.              34   61,545   $477.98      $19.31
190   Loin, tenderloin, 4-5 lbs.             105  176,432   $540.28      $10.19
190   Loin, tenderloin, 5-up lbs.             50   29,243   $590.91       $2.64
193   Flank, flank steak                      75   92,900   $295.31     ($3.76)
      Flank, rough                            59   99,776   $243.55     ($1.71)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   13,160   $291.01     ($4.17)
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    6,720   $286.00       
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.               3   82,989   $445.00       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       4   11,949   $223.72       $0.81
--------------------------------------------------------------------------------
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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