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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/24/2018

LM_XB405
Des Moines, IA                 Wed, Oct 24, 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:               $154.44
Change from prior day:                $0.35
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $190.50        $106.38         $0.29
100% lean inside round                      $269.45          $6.25         
100% lean, flats and eyes                   $262.32          $6.09       ($0.01)
100% lean, S.P.B.                           $254.01         $12.70       ($0.03)
Chuck Tender                                $206.00          $2.06         $0.01
Knuckle                   4-7 lbs.          $214.89          $5.44         $0.08
Tenderloin                2-3 lbs.          $382.80          $2.03       ($0.02)
Tenderloin                3-4 lbs.          $435.77          $3.22       ($0.02)
Ribeye Roll               4-6 lbs.          $284.88          $2.99         $0.10
Ribeye Roll               6-8 lbs.          $298.47          $2.21         
Ribeye Roll               8up lbs.          $295.37          $2.16       ($0.04)
Flank Steak                                 $322.11          $1.35       ($0.01)
Kidney, Edible                               $18.17          $0.08         
Fat, inedible                                $14.57          $0.34         
Bone                                          $4.77          $1.14         
--------------------------------------------------------------------------------
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                 24.47  loads --              978,749  pounds
Cutter/Canner Cuts                  3.48  loads --              139,183  pounds
Boner/Breaker/Cutter/Canner        27.42  loads --            1,096,985  pounds
100% Lean Items                    22.82  loads --              912,835  pounds
Frozen Cuts                         2.05  loads --               82,091  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    8,890   $284.96       
112   Rib, ribeye roll, 8-10 lbs.             57   69,415   $329.16       $0.03
112   Rib, ribeye roll, 10-up lbs.           128  100,367   $365.06       $0.86
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   16,035   $459.57       $3.52
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   15,554   $347.09       $2.06
      Chuck, boneless 85%                               
120   Chuck, brisket                          23   69,523   $214.19       $1.90
168   Round, top inside, 10-dn lbs.            5   10,391   $206.53       $5.61
168   Round, top inside, 10-up lbs.           15   45,940   $223.65       $0.37
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     24  178,619   $283.86       $0.28
169A  Round, top inside c-off, 14-up lbs.      3    3,364   $283.00       
171B  Round, outside round                     6    9,222   $269.41       $0.29
171C  Round, eye of round                     48   54,971   $244.62     ($4.58)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              3    5,681   $191.97
180   Loin, strip, bnls, 9-up lbs.            32  136,707   $202.93    ($23.83)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  26   79,894   $209.38    ($12.63)
185A  Loin, bottom sirloin butt flap, bnls.   41  172,094   $269.24     ($0.05)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              46  124,100   $298.47     ($0.35)
112   Rib, ribeye roll, 8-up lbs.              4   11,000   $295.37     ($6.13)
100% LEAN
      Inside round - Combo                    15  325,664   $268.25     ($0.02)
      Inside round - Boxed                    29   49,204   $277.38       $2.06
      Outside round
      Eye of round                            18   29,803   $263.83     ($5.72)
      Flats and eyes - Combo                  14  128,427   $262.23       $0.11
      Flats and eyes - Boxed                            
      Striploin                               80  305,763   $299.29     ($1.29)
      S.P.B. - Combo                           3   55,470   $254.01     ($0.54)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  105,912   $206.00       $1.31
167A  Round, knuckle, peeled                  50  434,565   $214.89       $3.23
190   Loin, tenderloin, 2-3 lbs.               7   11,922   $382.80     ($3.98)
190   Loin, tenderloin, 3-4 lbs.              44   74,550   $435.63     ($2.73)
190   Loin, tenderloin, 4-5 lbs.             132  242,834   $500.67       $2.38
190   Loin, tenderloin, 5-up lbs.             45   27,221   $524.74    ($25.52)
193   Flank, flank steak                      71   73,579   $325.50     ($1.85)
      Flank, rough                            66  126,402   $252.05     ($1.00)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   18,900   $275.70     ($0.53)
112   Rib, ribeye roll, 8-10 lbs.
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.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak
--------------------------------------------------------------------------------
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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