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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/12/2018

LM_XB405
Des Moines, IA                 Mon, Nov 12, 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:               $154.42
Change from prior day:              ($0.09)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $191.92        $107.17         $0.14
100% lean inside round                      $270.12          $6.27       ($0.01)
100% lean, flats and eyes                   $250.94          $5.82       ($0.08)
100% lean, S.P.B.                           $242.05         $12.10       ($0.02)
Chuck Tender                                $211.57          $2.12       ($0.01)
Knuckle                   4-7 lbs.          $218.89          $5.54         
Tenderloin                2-3 lbs.          $429.98          $2.28         $0.01
Tenderloin                3-4 lbs.          $452.70          $3.35         
Ribeye Roll               4-6 lbs.          $261.00          $2.74       ($0.02)
Ribeye Roll               6-8 lbs.          $290.44          $2.15       ($0.03)
Ribeye Roll               8up lbs.          $300.00          $2.19         
Flank Steak                                 $281.17          $1.18       ($0.02)
Kidney, Edible                               $18.66          $0.09         
Fat, inedible                                $14.91          $0.35         
Bone                                          $4.45          $1.07       ($0.05)
--------------------------------------------------------------------------------
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                 20.13  loads --              805,320  pounds
Cutter/Canner Cuts                  3.02  loads --              120,910  pounds
Boner/Breaker/Cutter/Canner        28.99  loads --            1,159,652  pounds
100% Lean Items                    22.56  loads --              902,507  pounds
Frozen Cuts                         1.97  loads --               78,926  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             40   56,808   $335.50       $2.78
112   Rib, ribeye roll, 10-up lbs.           117   94,515   $355.73     ($2.70)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   22,068   $444.22    ($27.31)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   15,259   $317.06    ($19.08)
      Chuck, boneless 85%                               
120   Chuck, brisket                          25   58,065   $221.11       $3.18
168   Round, top inside, 10-dn lbs.            6   17,354   $222.12     ($2.67)
168   Round, top inside, 10-up lbs.           15   44,297   $226.37     ($7.83)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     23  213,516   $271.78     ($1.50)
169A  Round, top inside c-off, 14-up lbs.      3    1,035   $277.75     ($2.25)
171B  Round, outside round                     7   13,782   $267.25       
171C  Round, eye of round                     59   66,983   $256.46       $0.11
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              4    7,817   $191.04       
180   Loin, strip, bnls, 9-up lbs.            27  102,033   $228.18       $4.65
182   Loin, sirloin butt
184   Loin, top sirloin butt                  25   42,340   $221.91      $16.74
185A  Loin, bottom sirloin butt flap, bnls.   25   35,634   $312.51      $24.39
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              39  107,273   $290.44     ($3.61)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    13  130,838   $269.08     ($0.40)
      Inside round - Boxed                    24   65,507   $272.19     ($0.34)
      Outside round
      Eye of round                            30   49,771   $258.05     ($2.17)
      Flats and eyes - Combo                  18  183,290   $249.08     ($1.10)
      Flats and eyes - Boxed                            
      Striploin                               87  302,631   $294.66       $0.17
      S.P.B. - Combo                           8  138,348   $242.05     ($0.25)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  123,594   $211.57     ($1.65)
167A  Round, knuckle, peeled                  40  314,669   $218.89     ($0.25)
190   Loin, tenderloin, 2-3 lbs.              14   73,262   $429.98       $2.15
190   Loin, tenderloin, 3-4 lbs.              52  144,336   $452.70     ($0.01)
190   Loin, tenderloin, 4-5 lbs.             116  178,253   $507.97     ($9.45)
190   Loin, tenderloin, 5-up lbs.             51   41,453   $574.95       $4.95
193   Flank, flank steak                      69   96,129   $294.42     ($6.21)
      Flank, rough                            74  187,956   $248.33     ($2.22)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
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.             4    7,840   $290.36       
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.               6   17,238   $464.48
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8   22,663   $224.96     ($0.57)
--------------------------------------------------------------------------------
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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