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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/27/2018

LM_XB405
Des Moines, IA                 Tue, Nov 27, 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:               $157.75
Change from prior day:                $2.11
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $198.22        $110.69         $2.33
100% lean inside round                      $267.27          $6.20       ($0.02)
100% lean, flats and eyes                   $251.03          $5.82         $0.04
100% lean, S.P.B.                           $243.00         $12.15       ($0.10)
Chuck Tender                                $207.99          $2.08       ($0.02)
Knuckle                   4-7 lbs.          $224.62          $5.68       ($0.02)
Tenderloin                2-3 lbs.          $435.01          $2.31         
Tenderloin                3-4 lbs.          $454.75          $3.37       ($0.02)
Ribeye Roll               4-6 lbs.          $234.31          $2.46       ($0.03)
Ribeye Roll               6-8 lbs.          $287.30          $2.13       ($0.01)
Ribeye Roll               8up lbs.          $289.87          $2.12       ($0.07)
Flank Steak                                 $286.45          $1.20         $0.03
Kidney, Edible                               $17.12          $0.08         
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.48          $1.08         
--------------------------------------------------------------------------------
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                 22.35  loads --              893,945  pounds
Cutter/Canner Cuts                  3.28  loads --              131,250  pounds
Boner/Breaker/Cutter/Canner        17.90  loads --              716,192  pounds
100% Lean Items                    19.23  loads --              769,228  pounds
Frozen Cuts                         1.23  loads --               49,159  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   18,118   $303.01    ($10.48)
112   Rib, ribeye roll, 8-10 lbs.             38   40,091   $329.76     ($0.81)
112   Rib, ribeye roll, 10-up lbs.            86   53,049   $356.39     ($4.42)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   40,844   $426.19    ($20.15)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   27,656   $424.74     ($8.13)
      Chuck, boneless 85%                               
120   Chuck, brisket                          30   78,068   $222.86       $1.03
168   Round, top inside, 10-dn lbs.            6   14,819   $208.03     ($0.62)
168   Round, top inside, 10-up lbs.            6   14,724   $224.22       $8.22
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  310,500   $264.14     ($1.31)
169A  Round, top inside c-off, 14-up lbs.      3   26,191   $249.64       
171B  Round, outside round                     5   10,136   $269.13       $1.01
171C  Round, eye of round                     46   54,434   $250.40       $1.93
      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.            19   83,075   $214.11    ($22.84)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  23   84,216   $196.46       $4.14
185A  Loin, bottom sirloin butt flap, bnls.   28   29,173   $298.52    ($31.03)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   17,931   $247.33
112   Rib, ribeye roll, 6-8 lbs.              32  103,419   $287.30     ($1.99)
112   Rib, ribeye roll, 8-up lbs.              3    9,900   $289.87
100% LEAN
      Inside round - Combo                    13  225,556   $267.66     ($2.02)
      Inside round - Boxed                    18   57,424   $265.73       $0.51
      Outside round
      Eye of round                            15   63,199   $266.74      $11.31
      Flats and eyes - Combo                  16  188,778   $245.99     ($2.14)
      Flats and eyes - Boxed                            
      Striploin                               62  114,581   $299.43       $2.04
      S.P.B. - Combo                           7   91,304   $243.00     ($1.91)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   69,064   $207.99     ($2.05)
167A  Round, knuckle, peeled                  35  196,254   $224.62     ($0.60)
190   Loin, tenderloin, 2-3 lbs.              11   42,932   $435.01     ($1.75)
190   Loin, tenderloin, 3-4 lbs.              39   76,282   $454.75     ($2.73)
190   Loin, tenderloin, 4-5 lbs.             105   96,087   $532.07       $1.06
190   Loin, tenderloin, 5-up lbs.             40   58,209   $533.52    ($42.78)
193   Flank, flank steak                      68   62,512   $299.44       $8.80
      Flank, rough                            49  114,852   $240.86     ($5.74)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
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.                        
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       7   15,149   $232.83       $2.07
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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-pou

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