Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 10/15/2018

Past Market Reports

Report Date: 10/15/2018

LM_XB405
Des Moines, IA                 Mon, Oct 15, 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:               $155.82
Change from prior day:              ($0.17)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $192.07        $107.25       ($0.22)
100% lean inside round                      $275.80          $6.40         $0.05
100% lean, flats and eyes                   $261.89          $6.08         $0.01
100% lean, S.P.B.                           $261.57         $13.08       ($0.03)
Chuck Tender                                $202.81          $2.03       ($0.01)
Knuckle                   4-7 lbs.          $222.68          $5.63       ($0.01)
Tenderloin                2-3 lbs.          $378.36          $2.01         
Tenderloin                3-4 lbs.          $443.45          $3.28         $0.03
Ribeye Roll               4-6 lbs.          $276.92          $2.91         
Ribeye Roll               6-8 lbs.          $295.05          $2.18         $0.03
Ribeye Roll               8up lbs.          $302.00          $2.20         
Flank Steak                                 $302.48          $1.27       ($0.01)
Kidney, Edible                               $19.67          $0.09         $0.01
Fat, inedible                                $14.24          $0.33         
Bone                                          $4.51          $1.08       ($0.02)
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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                 20.31  loads --              812,578  pounds
Cutter/Canner Cuts                  2.67  loads --              106,799  pounds
Boner/Breaker/Cutter/Canner        19.31  loads --              772,569  pounds
100% Lean Items                    18.98  loads --              759,394  pounds
Frozen Cuts                         3.30  loads --              131,897  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    5,671   $292.70     ($0.62)
112   Rib, ribeye roll, 8-10 lbs.             27   40,233   $341.06       $2.30
112   Rib, ribeye roll, 10-up lbs.           105   82,437   $386.08     ($1.39)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   39,206   $449.67      $15.84
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   23,441   $394.78       $0.66
      Chuck, boneless 85%                               
120   Chuck, brisket                          24   58,666   $215.44     ($1.02)
168   Round, top inside, 10-dn lbs.            5   15,409   $215.23       $1.88
168   Round, top inside, 10-up lbs.            9   33,457   $220.70       $2.54
169A  Round, top inside c-off, 8-10 lbs.       3   13,981   $278.29
169A  Round, top inside c-off, 10-14 lbs.     24  222,910   $283.63     ($2.08)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5    9,600   $271.82     ($0.98)
171C  Round, eye of round                     41   54,491   $255.31     ($2.09)
      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.            24   94,639   $200.46     ($0.41)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  13   24,785   $221.49       $0.37
185A  Loin, bottom sirloin butt flap, bnls.   28   82,289   $279.91       $1.65
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   17,160   $272.18     ($0.11)
112   Rib, ribeye roll, 6-8 lbs.              47   86,914   $295.05       $3.85
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     8  147,544   $278.12     ($0.10)
      Inside round - Boxed                    29  115,771   $272.83       $0.11
      Outside round
      Eye of round                            18   35,876   $268.03     ($1.40)
      Flats and eyes - Combo                  12  110,867   $260.25       $0.08
      Flats and eyes - Boxed                            
      Striploin                               80  261,168   $305.58     ($0.06)
      S.P.B. - Combo                           4   60,614   $261.57     ($0.56)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   67,891   $202.81     ($1.21)
167A  Round, knuckle, peeled                  37  149,427   $222.68     ($0.23)
190   Loin, tenderloin, 2-3 lbs.               6   14,221   $378.36     ($0.70)
190   Loin, tenderloin, 3-4 lbs.              53  120,323   $443.45       $4.69
190   Loin, tenderloin, 4-5 lbs.             109  180,593   $512.54     ($7.46)
190   Loin, tenderloin, 5-up lbs.             52   38,700   $529.63     ($0.15)
193   Flank, flank steak                      66   81,608   $326.73     ($3.81)
      Flank, rough                            70  119,806   $249.25       $3.65
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              9   31,965   $306.17       
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.             8   27,720   $286.57       
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.               5   30,818   $446.23       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak
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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
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