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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/31/2017

LM_XB405
Des Moines, IA                 Tue, Oct 31, 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:               $169.49
Change from prior day:              ($0.58)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $213.72        $119.34       ($0.35)
100% lean inside round                      $307.27          $7.13       ($0.04)
100% lean, flats and eyes                   $265.03          $6.15       ($0.02)
100% lean, S.P.B.                           $264.95         $13.25       ($0.11)
Chuck Tender                                $222.34          $2.22         
Knuckle                   4-7 lbs.          $234.97          $5.94       ($0.02)
Tenderloin                2-3 lbs.          $393.92          $2.09         
Tenderloin                3-4 lbs.          $421.40          $3.12         $0.02
Ribeye Roll               4-6 lbs.          $288.77          $3.03       ($0.01)
Ribeye Roll               6-8 lbs.          $289.19          $2.14       ($0.02)
Ribeye Roll               8up lbs.          $318.75          $2.33       ($0.02)
Flank Steak                                 $279.44          $1.17       ($0.01)
Kidney, Edible                               $18.00          $0.08         
Fat, inedible                                $18.93          $0.44         
Bone                                          $4.40          $1.06         
--------------------------------------------------------------------------------
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                 21.41  loads --              856,548  pounds
Cutter/Canner Cuts                  1.50  loads --               60,111  pounds
Boner/Breaker/Cutter/Canner        18.55  loads --              741,967  pounds
100% Lean Items                    19.69  loads --              787,515  pounds
Frozen Cuts                         2.41  loads --               96,557  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9    4,498   $334.23       $0.19
112   Rib, ribeye roll, 8-10 lbs.             34   57,555   $327.82     ($0.16)
112   Rib, ribeye roll, 10-up lbs.            64  111,355   $339.08       $0.91
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   39,355   $349.34       $1.30
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                               
120   Chuck, brisket                          17   32,253   $227.26       $1.17
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           14   37,885   $225.02       $0.19
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     32  258,259   $291.54       $4.70
169A  Round, top inside c-off, 14-up lbs.     10   18,219   $272.81       $0.49
171B  Round, outside round                     6    8,074   $267.54       $2.09
171C  Round, eye of round                     32   42,571   $267.17     ($0.88)
      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.            27   59,866   $211.78     ($0.49)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   67,348   $191.23     ($3.63)
185A  Loin, bottom sirloin butt flap, bnls.   44  106,686   $262.80     ($1.08)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              31   48,966   $289.19     ($2.32)
112   Rib, ribeye roll, 8-up lbs.              4   10,810   $318.75     ($3.75)
100% LEAN
      Inside round - Combo                     5   53,614   $305.17     ($1.21)
      Inside round - Boxed                    24   46,102   $309.71     ($0.83)
      Outside round
      Eye of round                            12   32,764   $270.00     ($0.19)
      Flats and eyes - Combo                  15  179,880   $264.15     ($0.26)
      Flats and eyes - Boxed                            
      Striploin                               64  258,250   $286.39     ($0.21)
      S.P.B. - Combo                          15  205,100   $264.95     ($2.30)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29   76,431   $222.34     ($0.12)
167A  Round, knuckle, peeled                  12   47,299   $234.97     ($0.41)
190   Loin, tenderloin, 2-3 lbs.              20   57,525   $393.92     ($0.67)
190   Loin, tenderloin, 3-4 lbs.              40   57,866   $421.40       $2.73
190   Loin, tenderloin, 4-5 lbs.             147  260,603   $457.76       $5.60
190   Loin, tenderloin, 5-up lbs.             21   42,003   $487.49       $3.18
193   Flank, flank steak                      91  101,920   $293.14     ($2.42)
      Flank, rough                            59   98,320   $238.08       $1.66
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4    7,705   $308.55      $13.09
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.             4   14,210   $269.90     ($2.27)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   39,362   $288.72     ($0.45)
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                      10   33,285   $237.49       $2.23
--------------------------------------------------------------------------------
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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