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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/4/2018

LM_XB405
Des Moines, IA                 Thu, Oct 04, 2018                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:               $156.26
Change from prior day:                $0.30
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $193.86        $108.25         $0.21
100% lean inside round                      $276.85          $6.42        
100% lean, flats and eyes                   $261.32          $6.06       ($0.02)
100% lean, S.P.B.                           $251.76         $12.59       ($0.10)
Chuck Tender                                $203.82          $2.04        
Knuckle                   4-7 lbs.          $218.52          $5.53       ($0.01)
Tenderloin                2-3 lbs.          $377.89          $2.00         $0.07
Tenderloin                3-4 lbs.          $455.69          $3.37         $0.11
Ribeye Roll               4-6 lbs.          $269.10          $2.83        
Ribeye Roll               6-8 lbs.          $296.49          $2.19       ($0.01)
Ribeye Roll               8up lbs.          $302.00          $2.20        
Flank Steak                                 $303.33          $1.27         $0.05
Kidney, Edible                               $19.51          $0.09        
Fat, inedible                                $14.57          $0.34        
Bone                                          $4.49          $1.08        
--------------------------------------------------------------------------------
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                 19.72  loads --              788,887  pounds
Cutter/Canner Cuts                  1.80  loads --               72,038  pounds
Boner/Breaker/Cutter/Canner        23.82  loads --              952,736  pounds
100% Lean Items                    20.06  loads --              802,332  pounds
Frozen Cuts                         3.62  loads --              144,911  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    2,996   $297.77     ($3.92)
112   Rib, ribeye roll, 8-10 lbs.             25   79,846   $344.11       $3.13
112   Rib, ribeye roll, 10-up lbs.            98   58,418   $397.11       $1.41
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      11   17,629   $405.63     ($3.00)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   24,514   $352.65     ($2.95)
      Chuck, boneless 85%                              
120   Chuck, brisket                          24   75,852   $198.30     ($0.28)
168   Round, top inside, 10-dn lbs.            6   12,184   $198.02     ($1.83)
168   Round, top inside, 10-up lbs.           14   45,135   $214.63     ($6.89)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     24  239,036   $278.97       $5.65
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5    7,542   $274.93     ($0.54)
171C  Round, eye of round                     36   63,166   $253.20     ($5.72)
      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.            16   39,277   $223.71     ($5.44)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  20   40,517   $222.27     ($0.24)
185A  Loin, bottom sirloin butt flap, bnls.   30   74,439   $299.31     ($2.64)
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   15,682   $269.10      
112   Rib, ribeye roll, 6-8 lbs.              36   53,611   $296.49     ($0.46)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     9  185,359   $275.87       $0.07
      Inside round - Boxed                    24   84,785   $279.01     ($0.04)
      Outside round
      Eye of round                            18   50,036   $271.54     ($0.23)
      Flats and eyes - Combo                  18  193,939   $258.75     ($0.79)
      Flats and eyes - Boxed                           
      Striploin                               72  191,613   $306.25     ($0.31)
      S.P.B. - Combo                           6   69,872   $251.76     ($2.12)
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  102,550   $203.82     ($0.38)
167A  Round, knuckle, peeled                  47  317,498   $218.52     ($0.35)
190   Loin, tenderloin, 2-3 lbs.               5   13,001   $377.89      $14.68
190   Loin, tenderloin, 3-4 lbs.              50  100,120   $456.21      $15.20
190   Loin, tenderloin, 4-5 lbs.             118  169,961   $512.83       $8.49
190   Loin, tenderloin, 5-up lbs.             58   77,355   $534.70       $0.46
193   Flank, flank steak                      68   72,187   $350.41       $6.35
      Flank, rough                            57  100,064   $256.32       $4.31
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3   11,165   $281.24       $1.24
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.
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.               3   81,813   $443.65      
190   Loin, tenderloin, 5-up lbs.                      
193   Flank, flank steak                       7   41,744   $221.92       $0.46
--------------------------------------------------------------------------------
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
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