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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/17/2017

LM_XB405
Des Moines, IA                 Fri, Nov 17, 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:               $168.17
Change from prior day:              ($0.41)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $211.20        $117.93       ($0.28)
100% lean inside round                      $297.62          $6.90       ($0.06)
100% lean, flats and eyes                   $266.14          $6.17       ($0.01)
100% lean, S.P.B.                           $266.45         $13.32       ($0.01)
Chuck Tender                                $219.30          $2.19       ($0.02)
Knuckle                   4-7 lbs.          $236.36          $5.98       ($0.01)
Tenderloin                2-3 lbs.          $386.32          $2.05         $0.02
Tenderloin                3-4 lbs.          $468.49          $3.47         
Ribeye Roll               4-6 lbs.          $275.19          $2.89         
Ribeye Roll               6-8 lbs.          $305.72          $2.26         
Ribeye Roll               8up lbs.          $318.98          $2.33         
Flank Steak                                 $287.21          $1.21       ($0.04)
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                 19.08  loads --              763,273  pounds
Cutter/Canner Cuts                  2.39  loads --               95,629  pounds
Boner/Breaker/Cutter/Canner        15.78  loads --              631,234  pounds
100% Lean Items                    25.78  loads --            1,031,319  pounds
Frozen Cuts                         1.99  loads --               79,719  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   14,111   $303.79       $2.38
112   Rib, ribeye roll, 8-10 lbs.             25   39,090   $341.47       $2.11
112   Rib, ribeye roll, 10-up lbs.            84  104,107   $370.43       $2.39
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   26,682   $341.58       $0.94
112A  Rib, ribeye roll-lip-on, 8-up lbs.       5    7,170   $310.84     ($4.52)
      Chuck, boneless 85%                      7   72,042   $188.65       
120   Chuck, brisket                          22   40,744   $211.18       $3.23
168   Round, top inside, 10-dn lbs.            6   14,607   $244.59     ($0.04)
168   Round, top inside, 10-up lbs.           14   35,959   $226.13     ($7.21)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  205,122   $287.13       $0.39
169A  Round, top inside c-off, 14-up lbs.      5   27,488   $288.88       
171B  Round, outside round                     6    7,748   $268.90     ($0.07)
171C  Round, eye of round                     34   28,910   $260.97     ($2.97)
      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   31,771   $214.81       $1.03
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  10   18,414   $198.54       $0.29
185A  Loin, bottom sirloin butt flap, bnls.   37   84,728   $277.93     ($0.02)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              41   66,394   $305.72     ($0.29)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     6   39,645   $304.53     ($1.89)
      Inside round - Boxed                    38  159,595   $295.90     ($0.83)
      Outside round                            3   67,797   $267.25       
      Eye of round                            15   50,502   $264.12     ($1.25)
      Flats and eyes - Combo                  15  151,794   $266.32     ($0.01)
      Flats and eyes - Boxed                            
      Striploin                               95  356,141   $289.08       $1.36
      S.P.B. - Combo                          18  205,845   $266.45     ($0.09)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39   71,346   $219.30     ($1.80)
167A  Round, knuckle, peeled                  18   63,817   $236.36     ($0.26)
190   Loin, tenderloin, 2-3 lbs.              26   59,872   $386.32       $3.58
190   Loin, tenderloin, 3-4 lbs.              32   78,175   $468.49       $0.21
190   Loin, tenderloin, 4-5 lbs.             124  159,545   $514.57      $13.06
190   Loin, tenderloin, 5-up lbs.             50   52,337   $517.27       $5.86
193   Flank, flank steak                      75   77,219   $292.78    ($13.49)
      Flank, rough                            59   68,923   $259.46       $1.27
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   11,970   $299.67
112   Rib, ribeye roll, 8-10 lbs.              7   11,400   $306.30     ($5.76)
112   Rib, ribeye roll, 10-up lbs.             3    4,106   $379.90       
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   21,490   $267.95       
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                       4   10,335   $245.56       
--------------------------------------------------------------------------------
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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