Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 11/14/2017

Past Market Reports

Report Date: 11/14/2017

LM_XB405
Des Moines, IA                 Tue, Nov 14, 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:               $168.89
Change from prior day:                $0.02
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $212.40        $118.60       ($0.15)
100% lean inside round                      $300.79          $6.98         $0.04
100% lean, flats and eyes                   $266.56          $6.18       ($0.02)
100% lean, S.P.B.                           $266.41         $13.32         $0.01
Chuck Tender                                $223.17          $2.23       ($0.01)
Knuckle                   4-7 lbs.          $233.80          $5.92         $0.05
Tenderloin                2-3 lbs.          $375.88          $1.99       ($0.05)
Tenderloin                3-4 lbs.          $464.38          $3.44         $0.11
Ribeye Roll               4-6 lbs.          $282.76          $2.97         
Ribeye Roll               6-8 lbs.          $305.75          $2.26         $0.01
Ribeye Roll               8up lbs.          $317.99          $2.32         $0.04
Flank Steak                                 $288.71          $1.21       ($0.01)
Kidney, Edible                               $17.67          $0.08         
Fat, inedible                                $18.93          $0.44         
Bone                                          $3.95          $0.95         
--------------------------------------------------------------------------------
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                 21.69  loads --              867,675  pounds
Cutter/Canner Cuts                  2.27  loads --               90,752  pounds
Boner/Breaker/Cutter/Canner        16.56  loads --              662,408  pounds
100% Lean Items                    25.90  loads --            1,036,118  pounds
Frozen Cuts                         1.91  loads --               76,211  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8    7,420   $311.62     ($1.91)
112   Rib, ribeye roll, 8-10 lbs.             31   49,966   $337.82       $6.68
112   Rib, ribeye roll, 10-up lbs.            62  119,492   $360.45       $3.02
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   60,295   $339.37       $0.20
112A  Rib, ribeye roll-lip-on, 8-up lbs.       5    9,549   $335.13       
      Chuck, boneless 85%                      6   72,020   $188.65     ($2.23)
120   Chuck, brisket                          25   53,951   $209.76       $2.70
168   Round, top inside, 10-dn lbs.            7   19,730   $241.33     ($0.40)
168   Round, top inside, 10-up lbs.           11   37,930   $237.57       $0.94
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     18  127,393   $286.96     ($0.73)
169A  Round, top inside c-off, 14-up lbs.      6   28,239   $287.51       $0.96
171B  Round, outside round                     7   13,522   $268.75       
171C  Round, eye of round                     37   45,137   $265.71     ($3.77)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              3    2,633   $187.07
180   Loin, strip, bnls, 9-up lbs.            31   75,641   $208.76     ($0.27)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  16   37,773   $195.12       $0.61
185A  Loin, bottom sirloin butt flap, bnls.   41  103,085   $268.48       $5.69
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              52   82,338   $305.75       $2.27
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7   60,485   $307.52       $2.98
      Inside round - Boxed                    29  136,576   $297.81     ($0.19)
      Outside round
      Eye of round                            21   63,683   $267.54     ($3.29)
      Flats and eyes - Combo                  15  140,354   $266.17       $0.07
      Flats and eyes - Boxed                            
      Striploin                               93  384,179   $286.30     ($0.66)
      S.P.B. - Combo                          17  202,174   $266.41       $0.16
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   68,006   $223.17     ($1.32)
167A  Round, knuckle, peeled                  14   72,310   $233.80       $1.60
190   Loin, tenderloin, 2-3 lbs.              28   72,474   $375.88     ($8.88)
190   Loin, tenderloin, 3-4 lbs.              34   66,931   $464.38      $14.74
190   Loin, tenderloin, 4-5 lbs.             141  210,255   $496.42       $8.75
190   Loin, tenderloin, 5-up lbs.             30   47,366   $514.44       $3.31
193   Flank, flank steak                      75   69,150   $300.70     ($2.98)
      Flank, rough                            61   55,916   $255.22       $2.70
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   21,660   $296.02     ($0.71)
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.             7   19,630   $266.69     ($2.16)
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                       7   18,550   $244.00     ($4.38)
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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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