Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 11/15/2017

Past Market Reports

Report Date: 11/15/2017

LM_XB405
Des Moines, IA                 Wed, Nov 15, 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:               $168.36
Change from prior day:              ($0.53)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $211.37        $118.03       ($0.57)
100% lean inside round                      $302.55          $7.02         $0.04
100% lean, flats and eyes                   $266.55          $6.18         
100% lean, S.P.B.                           $266.57         $13.33         $0.01
Chuck Tender                                $221.67          $2.22       ($0.01)
Knuckle                   4-7 lbs.          $235.32          $5.95         $0.03
Tenderloin                2-3 lbs.          $382.24          $2.03         $0.04
Tenderloin                3-4 lbs.          $468.02          $3.46         $0.02
Ribeye Roll               4-6 lbs.          $275.19          $2.89       ($0.08)
Ribeye Roll               6-8 lbs.          $305.28          $2.26         
Ribeye Roll               8up lbs.          $317.99          $2.32         
Flank Steak                                 $285.77          $1.20       ($0.01)
Kidney, Edible                               $17.67          $0.08         
Fat, inedible                                $18.93          $0.44         
Bone                                          $3.95          $0.95         
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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                 22.74  loads --              909,598  pounds
Cutter/Canner Cuts                  2.35  loads --               94,190  pounds
Boner/Breaker/Cutter/Canner        17.01  loads --              680,421  pounds
100% Lean Items                    24.63  loads --              985,225  pounds
Frozen Cuts                         2.12  loads --               84,779  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   11,186   $310.53     ($1.09)
112   Rib, ribeye roll, 8-10 lbs.             32   53,404   $337.97       $0.15
112   Rib, ribeye roll, 10-up lbs.            66  104,463   $364.04       $3.59
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   66,786   $336.72     ($2.65)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       7   14,211   $321.49    ($13.64)
      Chuck, boneless 85%                      6   72,020   $188.65       
120   Chuck, brisket                          28   61,851   $209.42     ($0.34)
168   Round, top inside, 10-dn lbs.            6   19,012   $241.19     ($0.14)
168   Round, top inside, 10-up lbs.           14   36,459   $241.40       $3.83
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  219,236   $286.67     ($0.29)
169A  Round, top inside c-off, 14-up lbs.      3    8,227   $285.76     ($1.75)
171B  Round, outside round                     7   11,933   $268.31     ($0.44)
171C  Round, eye of round                     37   43,882   $264.50     ($1.21)
      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   80,176   $209.73       $0.97
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  13   26,592   $198.49       $3.37
185A  Loin, bottom sirloin butt flap, bnls.   42   73,628   $284.18      $15.70
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              46   69,092   $305.28     ($0.47)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     8   71,332   $306.42     ($1.10)
      Inside round - Boxed                    30   47,126   $296.68     ($1.13)
      Outside round                            3   67,797   $267.25
      Eye of round                            21   62,199   $266.41     ($1.13)
      Flats and eyes - Combo                  14  145,715   $266.28       $0.11
      Flats and eyes - Boxed                            
      Striploin                               88  387,082   $287.49       $1.19
      S.P.B. - Combo                          18  203,974   $266.57       $0.16
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39   82,686   $221.67     ($1.50)
167A  Round, knuckle, peeled                  15   58,493   $235.32       $1.52
190   Loin, tenderloin, 2-3 lbs.              27   62,423   $382.24       $6.36
190   Loin, tenderloin, 3-4 lbs.              34   79,159   $468.02       $3.64
190   Loin, tenderloin, 4-5 lbs.             141  210,511   $498.78       $2.36
190   Loin, tenderloin, 5-up lbs.             38   51,431   $509.89     ($4.55)
193   Flank, flank steak                      74   72,934   $297.16     ($3.54)
      Flank, rough                            62   62,784   $259.44       $4.22
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   14,785   $300.96       $4.94
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   18,480   $266.86       $0.17
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                       8   19,610   $243.41     ($0.59)
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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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