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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/2/2017

LM_XB405
Des Moines, IA                 Thu, Nov 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:               $170.61
Change from prior day:                $1.82
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $215.16        $120.15         $1.61
100% lean inside round                      $306.18          $7.10       ($0.01)
100% lean, flats and eyes                   $265.29          $6.15         $0.01
100% lean, S.P.B.                           $264.71         $13.24         
Chuck Tender                                $222.05          $2.22       ($0.01)
Knuckle                   4-7 lbs.          $242.43          $6.13         $0.08
Tenderloin                2-3 lbs.          $387.91          $2.06       ($0.04)
Tenderloin                3-4 lbs.          $427.18          $3.16         $0.03
Ribeye Roll               4-6 lbs.          $300.00          $3.15         $0.10
Ribeye Roll               6-8 lbs.          $288.96          $2.14         $0.03
Ribeye Roll               8up lbs.          $318.75          $2.33         
Flank Steak                                 $285.08          $1.20         $0.02
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                 23.53  loads --              941,170  pounds
Cutter/Canner Cuts                  1.62  loads --               64,881  pounds
Boner/Breaker/Cutter/Canner        19.12  loads --              764,653  pounds
100% Lean Items                    19.82  loads --              792,970  pounds
Frozen Cuts                         1.34  loads --               53,777  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       
112   Rib, ribeye roll, 8-10 lbs.             39   73,825   $328.39       $0.33
112   Rib, ribeye roll, 10-up lbs.            63   99,047   $341.47       $0.91
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   38,484   $348.49     ($1.44)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       4    9,838   $323.40
      Chuck, boneless 85%                               
120   Chuck, brisket                          18   25,911   $224.93     ($1.98)
168   Round, top inside, 10-dn lbs.            5    2,751   $221.88     ($2.80)
168   Round, top inside, 10-up lbs.           11   26,983   $218.19     ($7.89)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     32  310,991   $285.03     ($0.25)
169A  Round, top inside c-off, 14-up lbs.      8   17,394   $271.73       
171B  Round, outside round                     4    4,082   $268.08       $0.55
171C  Round, eye of round                     32   37,709   $270.24     ($0.47)
      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.            18   45,688   $219.71       $7.61
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23   60,694   $191.29       $0.83
185A  Loin, bottom sirloin butt flap, bnls.   49  172,920   $260.10       $0.23
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              28   54,071   $288.96       $4.46
112   Rib, ribeye roll, 8-up lbs.              4   10,810   $318.75       
100% LEAN
      Inside round - Combo                     8   80,179   $305.40       $0.08
      Inside round - Boxed                    26   61,241   $307.19     ($0.95)
      Outside round
      Eye of round                            14   34,553   $270.17       $0.57
      Flats and eyes - Combo                  14  163,852   $263.95       $0.01
      Flats and eyes - Boxed                            
      Striploin                               57  230,657   $288.04     ($0.45)
      S.P.B. - Combo                          13  191,100   $264.71     ($0.12)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  111,435   $222.05     ($1.20)
167A  Round, knuckle, peeled                  14   50,259   $242.43       $3.15
190   Loin, tenderloin, 2-3 lbs.              27   72,025   $387.91     ($7.59)
190   Loin, tenderloin, 3-4 lbs.              39   80,289   $427.18       $4.05
190   Loin, tenderloin, 4-5 lbs.             144  235,126   $458.06       $2.60
190   Loin, tenderloin, 5-up lbs.             16   31,255   $485.36     ($3.59)
193   Flank, flank steak                      86   88,251   $289.77     ($0.03)
      Flank, rough                            62   96,013   $241.65       $1.48
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.             6   25,130   $271.25       $1.35
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.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   12,720   $252.58      $17.11
--------------------------------------------------------------------------------
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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