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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/2/2017

LM_XB405
Des Moines, IA                 Mon, Oct 02, 2017                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:               $174.57
Change from prior day:                $1.42
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.55        $123.71         $1.42
100% lean inside round                      $322.02          $7.47         $0.13
100% lean, flats and eyes                   $265.88          $6.17         $0.01
100% lean, S.P.B.                           $263.54         $13.18         $0.06
Chuck Tender                                $223.58          $2.24         $0.01
Knuckle                   4-7 lbs.          $247.33          $6.26         $0.07
Tenderloin                2-3 lbs.          $395.22          $2.09       ($0.18)
Tenderloin                3-4 lbs.          $402.76          $2.98       ($0.05)
Ribeye Roll               4-6 lbs.          $283.03          $2.97        
Ribeye Roll               6-8 lbs.          $298.61          $2.21         $0.03
Ribeye Roll               8up lbs.          $339.98          $2.48       ($0.03)
Flank Steak                                 $257.37          $1.08        
Kidney, Edible                               $17.22          $0.08       ($0.01)
Fat, inedible                                $21.10          $0.49        
Bone                                          $4.85          $1.16       ($0.04)
--------------------------------------------------------------------------------
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                 22.15  loads --              885,830  pounds
Cutter/Canner Cuts                  1.61  loads --               64,281  pounds
Boner/Breaker/Cutter/Canner        15.31  loads --              612,249  pounds
100% Lean Items                    19.10  loads --              763,956  pounds
Frozen Cuts                         1.63  loads --               65,008  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   11,920   $312.72     ($2.16)
112   Rib, ribeye roll, 8-10 lbs.             37   49,717   $332.78     ($0.35)
112   Rib, ribeye roll, 10-up lbs.            56  117,375   $354.68       $0.24
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   23,546   $375.66    ($17.53)
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      7   96,633   $195.21     ($2.68)
120   Chuck, brisket                          31  104,344   $196.59       $0.36
168   Round, top inside, 10-dn lbs.            4    3,190   $208.61       $1.20
168   Round, top inside, 10-up lbs.           14   43,494   $223.49       $3.58
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  223,694   $288.42     ($1.69)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4    5,285   $263.12      
171C  Round, eye of round                     25   45,328   $264.02       $2.56
      Loin, Semi-Bnls Short Loin, 13-dn lbs.           
      Loin, Semi-Bnls Short Loin, 13-up lbs.           
180   Loin, strip, bnls, 7-9 lbs.              3    1,632   $206.49       $3.61
180   Loin, strip, bnls, 9-up lbs.            15   44,530   $217.87       $1.87
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  23   42,565   $212.18     ($0.52)
185A  Loin, bottom sirloin butt flap, bnls.   28   65,335   $239.20     ($5.43)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              29   34,852   $298.61       $3.87
112   Rib, ribeye roll, 8-up lbs.              5   18,750   $339.98
100% LEAN
      Inside round - Combo                     4   50,740   $326.07       $0.46
      Inside round - Boxed                    25   80,480   $319.46       $6.82
      Outside round
      Eye of round                            24   73,214   $266.81       $0.08
      Flats and eyes - Combo                  14  150,016   $265.24       $0.17
      Flats and eyes - Boxed                           
      Striploin                               71  170,563   $292.74       $0.71
      S.P.B. - Combo                          16  225,826   $263.54       $1.15
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  136,064   $223.58       $0.55
167A  Round, knuckle, peeled                  14   31,727   $247.33       $2.53
190   Loin, tenderloin, 2-3 lbs.              15   26,633   $395.22    ($32.94)
190   Loin, tenderloin, 3-4 lbs.              34   54,697   $402.76     ($6.75)
190   Loin, tenderloin, 4-5 lbs.             124  168,111   $442.27       $2.24
190   Loin, tenderloin, 5-up lbs.             24   17,596   $506.61      $25.93
193   Flank, flank steak                      85   79,642   $266.47     ($3.07)
      Flank, rough                            64   97,779   $226.13       $0.84
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.             5   12,480   $276.58     ($0.30)
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.               6    8,235   $454.64     ($2.75)
190   Loin, tenderloin, 5-up lbs.                      
193   Flank, flank steak                       6   21,518   $223.69       $1.83
--------------------------------------------------------------------------------
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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