Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 10/25/2018

Past Market Reports

Report Date: 10/25/2018

LM_XB405
Des Moines, IA                 Thu, Oct 25, 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:               $153.69
Change from prior day:              ($0.75)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $189.23        $105.67       ($0.71)
100% lean inside round                      $270.06          $6.27         $0.02
100% lean, flats and eyes                   $260.71          $6.05       ($0.04)
100% lean, S.P.B.                           $254.01         $12.70         
Chuck Tender                                $206.61          $2.07         $0.01
Knuckle                   4-7 lbs.          $217.90          $5.51         $0.07
Tenderloin                2-3 lbs.          $384.68          $2.04         $0.01
Tenderloin                3-4 lbs.          $434.19          $3.21       ($0.01)
Ribeye Roll               4-6 lbs.          $270.88          $2.84       ($0.15)
Ribeye Roll               6-8 lbs.          $298.28          $2.21         
Ribeye Roll               8up lbs.          $295.37          $2.16         
Flank Steak                                 $332.64          $1.40         $0.05
Kidney, Edible                               $18.17          $0.08         
Fat, inedible                                $14.57          $0.34         
Bone                                          $4.77          $1.14         
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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                 26.12  loads --            1,044,737  pounds
Cutter/Canner Cuts                  3.71  loads --              148,583  pounds
Boner/Breaker/Cutter/Canner        26.02  loads --            1,040,856  pounds
100% Lean Items                    23.43  loads --              937,244  pounds
Frozen Cuts                         2.17  loads --               86,858  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    3,670   $281.87     ($3.09)
112   Rib, ribeye roll, 8-10 lbs.             43   57,683   $327.47     ($1.69)
112   Rib, ribeye roll, 10-up lbs.           136  155,635   $358.96     ($6.10)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      11   14,255   $463.58       $4.01
112A  Rib, ribeye roll-lip-on, 8-up lbs.       8   12,639   $427.30      $80.21
      Chuck, boneless 85%                               
120   Chuck, brisket                          29   78,116   $215.94       $1.75
168   Round, top inside, 10-dn lbs.            4    6,091   $211.65       $5.12
168   Round, top inside, 10-up lbs.           14   32,300   $211.18    ($12.47)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     26  195,345   $283.82     ($0.04)
169A  Round, top inside c-off, 14-up lbs.      3    3,364   $283.00       
171B  Round, outside round                     5    7,984   $268.81     ($0.60)
171C  Round, eye of round                     56   74,544   $244.50     ($0.12)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              4    6,075   $191.45     ($0.52)
180   Loin, strip, bnls, 9-up lbs.            29  134,922   $195.83     ($7.10)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  27   98,436   $206.35     ($3.03)
185A  Loin, bottom sirloin butt flap, bnls.   35  161,596   $267.42     ($1.82)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              45  131,322   $298.28     ($0.19)
112   Rib, ribeye roll, 8-up lbs.              4   11,000   $295.37       
100% LEAN
      Inside round - Combo                    15  321,858   $268.18     ($0.07)
      Inside round - Boxed                    34   64,439   $279.41       $2.03
      Outside round
      Eye of round                            22   32,558   $263.81     ($0.02)
      Flats and eyes - Combo                  14  117,129   $259.88     ($2.35)
      Flats and eyes - Boxed                            
      Striploin                               86  327,286   $298.51     ($0.78)
      S.P.B. - Combo                           3   55,470   $254.01       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39  101,971   $206.61       $0.61
167A  Round, knuckle, peeled                  49  370,600   $217.90       $3.01
190   Loin, tenderloin, 2-3 lbs.               8   12,663   $384.68       $1.88
190   Loin, tenderloin, 3-4 lbs.              42   70,964   $434.19     ($1.44)
190   Loin, tenderloin, 4-5 lbs.             131  249,108   $506.21       $5.54
190   Loin, tenderloin, 5-up lbs.             46   31,653   $538.21      $13.47
193   Flank, flank steak                      71   77,618   $338.37      $12.87
      Flank, rough                            72  126,279   $252.09       $0.04
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   21,546   $276.16       $0.46
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.               4   50,310   $271.49
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
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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