Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 10/10/2017

Past Market Reports

Report Date: 10/10/2017

LM_XB405
Des Moines, IA                 Tue, Oct 10, 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:               $170.36
Change from prior day:              ($2.96)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $214.75        $119.92       ($2.86)
100% lean inside round                      $313.68          $7.28       ($0.08)
100% lean, flats and eyes                   $266.19          $6.18         $0.01
100% lean, S.P.B.                           $263.83         $13.19         $0.04
Chuck Tender                                $228.89          $2.29       ($0.01)
Knuckle                   4-7 lbs.          $236.86          $5.99       ($0.06)
Tenderloin                2-3 lbs.          $411.30          $2.18         
Tenderloin                3-4 lbs.          $398.86          $2.95       ($0.01)
Ribeye Roll               4-6 lbs.          $282.76          $2.97         $0.01
Ribeye Roll               6-8 lbs.          $299.45          $2.22         $0.01
Ribeye Roll               8up lbs.          $334.96          $2.45       ($0.02)
Flank Steak                                 $276.85          $1.16         $0.01
Kidney, Edible                               $20.25          $0.09         
Fat, inedible                                $18.93          $0.44         
Bone                                          $4.36          $1.05         
--------------------------------------------------------------------------------
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                 24.39  loads --              975,513  pounds
Cutter/Canner Cuts                  1.99  loads --               79,633  pounds
Boner/Breaker/Cutter/Canner        20.36  loads --              814,327  pounds
100% Lean Items                    25.41  loads --            1,016,306  pounds
Frozen Cuts                         6.13  loads --              245,384  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             54  104,671   $330.18       $3.34
112   Rib, ribeye roll, 10-up lbs.            57   80,554   $349.73       $4.33
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   30,975   $349.58     ($4.57)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       4    4,503   $322.51       
      Chuck, boneless 85%                      9  134,528   $194.98       $2.24
120   Chuck, brisket                          18   32,009   $209.19       $0.02
168   Round, top inside, 10-dn lbs.            5    2,225   $214.98       
168   Round, top inside, 10-up lbs.           14   32,914   $223.15     ($0.64)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     17  127,773   $293.72       $1.13
169A  Round, top inside c-off, 14-up lbs.      8   95,792   $283.31       $0.64
171B  Round, outside round                     5    6,573   $263.68       
171C  Round, eye of round                     27   42,245   $270.43       $1.30
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              6    8,105   $192.57     ($0.87)
180   Loin, strip, bnls, 9-up lbs.            29  144,530   $216.60       $3.06
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  14   39,677   $219.76       
185A  Loin, bottom sirloin butt flap, bnls.   33   80,029   $265.85     ($0.33)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   22,294   $283.16       
112   Rib, ribeye roll, 6-8 lbs.              38   51,988   $299.45       $0.68
112   Rib, ribeye roll, 8-up lbs.              3    5,351   $334.96
100% LEAN
      Inside round - Combo                    12  155,469   $311.68     ($5.53)
      Inside round - Boxed                    27   99,610   $316.81     ($0.56)
      Outside round
      Eye of round                            14   37,133   $269.06       $0.06
      Flats and eyes - Combo                  19  175,591   $265.24       $0.18
      Flats and eyes - Boxed                            
      Striploin                               79  291,654   $292.68       $3.68
      S.P.B. - Combo                          21  232,100   $263.83       $0.77
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     44  109,902   $228.89     ($0.73)
167A  Round, knuckle, peeled                  16   53,839   $236.86     ($2.34)
190   Loin, tenderloin, 2-3 lbs.              16   46,626   $411.17     ($0.32)
190   Loin, tenderloin, 3-4 lbs.              38   84,214   $407.55     ($1.62)
190   Loin, tenderloin, 4-5 lbs.             133  196,329   $443.71     ($1.13)
190   Loin, tenderloin, 5-up lbs.             35  111,457   $462.61       $0.17
193   Flank, flank steak                      96   90,879   $286.98       $2.26
      Flank, rough                            69  121,081   $233.31       $0.48
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4    5,825   $310.40       $2.14
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.             6   23,050   $274.19     ($2.81)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               5   24,757   $282.39       $2.66
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.               8  133,181   $403.79       $0.64
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   22,260   $235.50       $0.92
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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
1530C
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