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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/11/2017

LM_XB405
Des Moines, IA                 Wed, Oct 11, 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:               $170.84
Change from prior day:                $0.48
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $214.85        $119.97         $0.05
100% lean inside round                      $312.64          $7.25       ($0.03)
100% lean, flats and eyes                   $266.07          $6.17       ($0.01)
100% lean, S.P.B.                           $263.72         $13.19         
Chuck Tender                                $228.94          $2.29         
Knuckle                   4-7 lbs.          $247.05          $6.25         $0.26
Tenderloin                2-3 lbs.          $412.37          $2.19         $0.01
Tenderloin                3-4 lbs.          $414.99          $3.07         $0.12
Ribeye Roll               4-6 lbs.          $289.79          $3.04         $0.07
Ribeye Roll               6-8 lbs.          $299.76          $2.22         
Ribeye Roll               8up lbs.          $334.96          $2.45         
Flank Steak                                 $278.87          $1.17         $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                 25.84  loads --            1,033,417  pounds
Cutter/Canner Cuts                  1.48  loads --               59,231  pounds
Boner/Breaker/Cutter/Canner        18.65  loads --              746,099  pounds
100% Lean Items                    22.58  loads --              903,046  pounds
Frozen Cuts                         5.92  loads --              236,613  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.             55  110,865   $329.57     ($0.61)
112   Rib, ribeye roll, 10-up lbs.            61  105,745   $346.87     ($2.86)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   43,823   $345.49     ($4.09)
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      8  113,520   $195.60       $0.62
120   Chuck, brisket                          19   33,452   $209.46       $0.27
168   Round, top inside, 10-dn lbs.            4    1,507   $214.97     ($0.01)
168   Round, top inside, 10-up lbs.           15   33,794   $223.78       $0.63
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     26  234,452   $286.82     ($6.90)
169A  Round, top inside c-off, 14-up lbs.      6   56,709   $287.76       $4.45
171B  Round, outside round                     5    6,572   $263.70       $0.02
171C  Round, eye of round                     30   44,237   $269.19     ($1.24)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              6    4,623   $201.30       $8.73
180   Loin, strip, bnls, 9-up lbs.            25  137,266   $213.41     ($3.19)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                   9   31,153   $218.01     ($1.75)
185A  Loin, bottom sirloin butt flap, bnls.   30   64,612   $263.51     ($2.34)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              41   53,146   $299.76       $0.31
112   Rib, ribeye roll, 8-up lbs.              3    5,351   $334.96       
100% LEAN
      Inside round - Combo                     9  106,594   $309.38     ($2.30)
      Inside round - Boxed                    25   64,853   $318.00       $1.19
      Outside round                            3   44,704   $268.94
      Eye of round                            15   25,982   $269.01     ($0.05)
      Flats and eyes - Combo                  19  171,785   $264.98     ($0.26)
      Flats and eyes - Boxed
      Striploin                               84  262,668   $292.07     ($0.61)
      S.P.B. - Combo                          19  226,100   $263.72     ($0.11)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     42  107,102   $228.94       $0.05
167A  Round, knuckle, peeled                  12   31,116   $247.05      $10.19
190   Loin, tenderloin, 2-3 lbs.              17   43,390   $412.22       $1.05
190   Loin, tenderloin, 3-4 lbs.              32   60,844   $416.88       $9.33
190   Loin, tenderloin, 4-5 lbs.             132  193,468   $446.62       $2.91
190   Loin, tenderloin, 5-up lbs.             29  111,246   $457.80     ($4.81)
193   Flank, flank steak                      96   90,762   $289.29       $2.31
      Flank, rough                            65  108,171   $233.15     ($0.16)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5    8,850   $306.16     ($4.24)
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   17,590   $272.08     ($2.11)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   12,304   $289.48       $7.09
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.              11  168,756   $408.84       $5.05
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5   20,405   $232.55     ($2.95)
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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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