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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/20/2017

LM_XB405
Des Moines, IA                 Fri, Oct 20, 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:               $169.90
Change from prior day:              ($0.68)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $214.17        $119.59       ($0.61)
100% lean inside round                      $309.16          $7.17         
100% lean, flats and eyes                   $265.32          $6.16       ($0.01)
100% lean, S.P.B.                           $267.61         $13.38         
Chuck Tender                                $221.74          $2.22       ($0.01)
Knuckle                   4-7 lbs.          $232.48          $5.88       ($0.01)
Tenderloin                2-3 lbs.          $382.51          $2.03       ($0.02)
Tenderloin                3-4 lbs.          $419.43          $3.10         
Ribeye Roll               4-6 lbs.          $285.52          $3.00       ($0.04)
Ribeye Roll               6-8 lbs.          $305.03          $2.26         $0.01
Ribeye Roll               8up lbs.          $333.90          $2.44         
Flank Steak                                 $277.59          $1.17         $0.01
Kidney, Edible                               $16.88          $0.08         
Fat, inedible                                $18.93          $0.44         
Bone                                          $4.07          $0.98         
--------------------------------------------------------------------------------
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                 22.34  loads --              893,785  pounds
Cutter/Canner Cuts                  2.69  loads --              107,597  pounds
Boner/Breaker/Cutter/Canner        17.93  loads --              717,347  pounds
100% Lean Items                    19.37  loads --              774,917  pounds
Frozen Cuts                         1.80  loads --               71,961  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    9,990   $304.09     ($0.32)
112   Rib, ribeye roll, 8-10 lbs.             31   54,351   $328.38       $1.12
112   Rib, ribeye roll, 10-up lbs.            66  136,656   $339.12       $0.56
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   22,879   $340.52     ($2.20)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       8    6,971   $398.09      $44.22
      Chuck, boneless 85%                      6   84,028   $191.21       
120   Chuck, brisket                          21   57,340   $214.22     ($3.47)
168   Round, top inside, 10-dn lbs.            5   14,461   $216.11       $0.18
168   Round, top inside, 10-up lbs.            8   29,894   $224.92     ($0.44)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  247,981   $290.98       $2.50
169A  Round, top inside c-off, 14-up lbs.      5   33,770   $286.34     ($3.16)
171B  Round, outside round                     4    6,112   $268.73       $1.22
171C  Round, eye of round                     36   35,004   $271.92     ($0.94)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              6    7,100   $203.67       $0.98
180   Loin, strip, bnls, 9-up lbs.            12   20,144   $251.63      $10.12
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  13   23,807   $213.16     ($1.15)
185A  Loin, bottom sirloin butt flap, bnls.   39   97,355   $254.93       $1.23
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   14,827   $286.08
112   Rib, ribeye roll, 6-8 lbs.              42   77,770   $305.03       $1.64
112   Rib, ribeye roll, 8-up lbs.              4   15,000   $333.90       
100% LEAN
      Inside round - Combo                     5   41,840   $301.29       
      Inside round - Boxed                    23   49,722   $315.79     ($0.06)
      Outside round                            3   30,009   $267.98       
      Eye of round                            12   26,886   $270.50     ($0.68)
      Flats and eyes - Combo                  14  149,518   $263.85     ($0.22)
      Flats and eyes - Boxed                            
      Striploin                               62  257,862   $287.22     ($0.57)
      S.P.B. - Combo                          17  219,080   $267.61       $0.03
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35   83,132   $221.74     ($1.62)
167A  Round, knuckle, peeled                  15   68,752   $232.48     ($0.20)
190   Loin, tenderloin, 2-3 lbs.              19   64,657   $382.51     ($4.12)
190   Loin, tenderloin, 3-4 lbs.              37   76,493   $419.43       $1.07
190   Loin, tenderloin, 4-5 lbs.             160  205,684   $453.02     ($1.37)
190   Loin, tenderloin, 5-up lbs.             26   50,876   $446.86     ($4.83)
193   Flank, flank steak                      98   89,704   $289.26     ($1.59)
      Flank, rough                            54   78,049   $236.16     ($2.47)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6   16,225   $288.05       $0.68
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   20,610   $270.55     ($0.84)
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.               5    7,163   $438.59     ($1.01)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8   24,423   $234.75       $1.66
--------------------------------------------------------------------------------
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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