Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

1. Cattle.com
2. Market Reports
3. Iowa
4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 11/10/2017

Past Market Reports

Report Date: 11/10/2017

LM_XB405
Des Moines, IA                 Fri, Nov 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:               $170.06
Change from prior day:              ($0.09)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $214.40        $119.72         
100% lean inside round                      $300.17          $6.96       ($0.02)
100% lean, flats and eyes                   $268.30          $6.22       ($0.01)
100% lean, S.P.B.                           $265.89         $13.29         
Chuck Tender                                $224.82          $2.25         
Knuckle                   4-7 lbs.          $233.23          $5.90         $0.01
Tenderloin                2-3 lbs.          $392.28          $2.08       ($0.02)
Tenderloin                3-4 lbs.          $444.90          $3.29         $0.01
Ribeye Roll               4-6 lbs.          $300.00          $3.15         
Ribeye Roll               6-8 lbs.          $294.84          $2.18       ($0.03)
Ribeye Roll               8up lbs.          $311.64          $2.28       ($0.01)
Flank Steak                                 $278.48          $1.17       ($0.02)
Kidney, Edible                               $17.63          $0.08         
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                 22.26  loads --              890,460  pounds
Cutter/Canner Cuts                  1.84  loads --               73,599  pounds
Boner/Breaker/Cutter/Canner        16.85  loads --              673,977  pounds
100% Lean Items                    22.56  loads --              902,210  pounds
Frozen Cuts                         2.54  loads --              101,761  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10    8,400   $314.39       $0.70
112   Rib, ribeye roll, 8-10 lbs.             37   66,173   $330.10       $0.69
112   Rib, ribeye roll, 10-up lbs.            60   93,013   $358.66       $1.18
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   67,247   $344.55       $0.35
112A  Rib, ribeye roll-lip-on, 8-up lbs.       4    9,499   $335.49
      Chuck, boneless 85%                               
120   Chuck, brisket                          23   55,005   $207.48       $1.94
168   Round, top inside, 10-dn lbs.            3    9,042   $237.65
168   Round, top inside, 10-up lbs.            9   33,789   $238.83       $3.30
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     26  243,524   $288.80       
169A  Round, top inside c-off, 14-up lbs.     11   25,492   $287.03     ($0.56)
171B  Round, outside round                     6   12,442   $268.46       $0.55
171C  Round, eye of round                     43   51,944   $270.08     ($1.42)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              3    2,355   $187.25
180   Loin, strip, bnls, 9-up lbs.            20   28,268   $242.26       $2.85
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  13   32,195   $193.79     ($4.77)
185A  Loin, bottom sirloin butt flap, bnls.   51  146,165   $262.87       $2.18
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              42   57,249   $294.84     ($3.65)
112   Rib, ribeye roll, 8-up lbs.              6   16,350   $311.64       
100% LEAN
      Inside round - Combo                     4   41,199   $307.86       $1.44
      Inside round - Boxed                    30  151,937   $298.09     ($1.01)
      Outside round
      Eye of round                            16   58,993   $272.67     ($0.30)
      Flats and eyes - Combo                  15  133,652   $266.88       $0.03
      Flats and eyes - Boxed                            
      Striploin                               88  323,447   $286.22     ($0.85)
      S.P.B. - Combo                          14  166,039   $265.89       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   71,124   $224.82       $0.17
167A  Round, knuckle, peeled                  18   70,632   $233.23       $0.36
190   Loin, tenderloin, 2-3 lbs.              20   54,889   $392.28     ($4.81)
190   Loin, tenderloin, 3-4 lbs.              38   66,071   $444.90       $2.25
190   Loin, tenderloin, 4-5 lbs.             146  240,908   $477.34     ($7.31)
190   Loin, tenderloin, 5-up lbs.             18   25,289   $509.32       $2.46
193   Flank, flank steak                      84   70,868   $297.97     ($2.16)
      Flank, rough                            72   74,196   $250.89     ($0.40)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   16,500   $287.50       
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   18,160   $268.85       
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                      11   37,100   $241.25    ($12.16)
--------------------------------------------------------------------------------
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
.