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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/1/2018

LM_XB405
Des Moines, IA                 Thu, Nov 01, 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:               $153.65
Change from prior day:                $0.77
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $189.36        $105.74         $0.63
100% lean inside round                      $271.23          $6.29       ($0.02)
100% lean, flats and eyes                   $261.48          $6.07         $0.04
100% lean, S.P.B.                           $251.65         $12.58         
Chuck Tender                                $209.77          $2.10         
Knuckle                   4-7 lbs.          $219.18          $5.55         
Tenderloin                2-3 lbs.          $388.02          $2.06         $0.13
Tenderloin                3-4 lbs.          $443.50          $3.28       ($0.02)
Ribeye Roll               4-6 lbs.          $267.76          $2.81         $0.11
Ribeye Roll               6-8 lbs.          $297.81          $2.20       ($0.01)
Ribeye Roll               8up lbs.          $288.69          $2.11         
Flank Steak                                 $309.76          $1.30       ($0.09)
Kidney, Edible                               $18.50          $0.09         
Fat, inedible                                $14.91          $0.35         
Bone                                          $4.66          $1.12         
--------------------------------------------------------------------------------
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                 23.23  loads --              929,134  pounds
Cutter/Canner Cuts                  2.65  loads --              105,886  pounds
Boner/Breaker/Cutter/Canner        27.10  loads --            1,083,975  pounds
100% Lean Items                    24.86  loads --              994,520  pounds
Frozen Cuts                         1.90  loads --               75,896  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   11,160   $285.84       $1.86
112   Rib, ribeye roll, 8-10 lbs.             36   53,378   $331.48       $6.57
112   Rib, ribeye roll, 10-up lbs.           106   88,353   $357.07       $0.57
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   22,981   $479.35     ($0.53)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21   26,901   $347.41    ($23.73)
      Chuck, boneless 85%                               
120   Chuck, brisket                          24   67,019   $215.25       $1.32
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           10   33,568   $239.10       $4.61
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  258,913   $278.28     ($0.32)
169A  Round, top inside c-off, 14-up lbs.      3    2,570   $254.92       
171B  Round, outside round                     6   10,839   $267.76     ($1.44)
171C  Round, eye of round                     70   62,512   $253.51       $3.91
      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.            34   58,053   $214.43       $4.83
182   Loin, sirloin butt
184   Loin, top sirloin butt                  25   40,629   $208.40       $3.50
185A  Loin, bottom sirloin butt flap, bnls.   44  183,702   $276.00     ($9.38)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              36   79,487   $297.81     ($1.27)
112   Rib, ribeye roll, 8-up lbs.              3   14,157   $288.69       
100% LEAN
      Inside round - Combo                    12  186,405   $270.62       $0.06
      Inside round - Boxed                    23   86,046   $272.54     ($2.05)
      Outside round                            4   56,745   $260.16       
      Eye of round                            27   97,031   $266.51     ($0.29)
      Flats and eyes - Combo                  18  192,577   $259.33       $1.50
      Flats and eyes - Boxed                            
      Striploin                               78  320,654   $297.07       $1.04
      S.P.B. - Combo                           5   55,062   $251.65       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   97,851   $209.77     ($0.27)
167A  Round, knuckle, peeled                  36  299,406   $219.18     ($0.18)
190   Loin, tenderloin, 2-3 lbs.               8   21,583   $388.02      $23.16
190   Loin, tenderloin, 3-4 lbs.              57  110,854   $443.50     ($2.62)
190   Loin, tenderloin, 4-5 lbs.             128  221,101   $507.08     ($3.38)
190   Loin, tenderloin, 5-up lbs.             38   66,224   $510.84     ($7.66)
193   Flank, flank steak                      80   94,694   $328.80    ($10.69)
      Flank, rough                            90  172,262   $253.76       $0.85
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   17,392   $306.56       $1.77
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.            10   27,542   $295.73     ($1.93)
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                      12   22,564   $229.85     ($8.67)
--------------------------------------------------------------------------------
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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