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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/16/2018

LM_XB405
Des Moines, IA                 Fri, Nov 16, 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:               $154.33
Change from prior day:                $0.26
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $191.90        $107.16         $0.60
100% lean inside round                      $267.78          $6.21         
100% lean, flats and eyes                   $251.78          $5.84         $0.01
100% lean, S.P.B.                           $244.08         $12.20         
Chuck Tender                                $207.65          $2.08       ($0.01)
Knuckle                   4-7 lbs.          $222.22          $5.62         
Tenderloin                2-3 lbs.          $436.24          $2.31         
Tenderloin                3-4 lbs.          $450.80          $3.34       ($0.01)
Ribeye Roll               4-6 lbs.          $232.99          $2.45       ($0.34)
Ribeye Roll               6-8 lbs.          $299.04          $2.21         
Ribeye Roll               8up lbs.          $300.00          $2.19         
Flank Steak                                 $288.34          $1.21         $0.01
Kidney, Edible                               $18.66          $0.09         
Fat, inedible                                $14.91          $0.35         
Bone                                          $4.45          $1.07         
--------------------------------------------------------------------------------
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                 21.26  loads --              850,456  pounds
Cutter/Canner Cuts                  1.76  loads --               70,311  pounds
Boner/Breaker/Cutter/Canner        25.16  loads --            1,006,419  pounds
100% Lean Items                    18.95  loads --              758,189  pounds
Frozen Cuts                         2.62  loads --              104,723  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   26,871   $345.23       $2.76
112   Rib, ribeye roll, 10-up lbs.           122   62,623   $351.54       $0.25
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   29,950   $447.09       $3.39
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10   11,381   $414.70    ($20.15)
      Chuck, boneless 85%                               
120   Chuck, brisket                          26   57,073   $224.66     ($0.10)
168   Round, top inside, 10-dn lbs.            5   12,966   $215.46     ($2.65)
168   Round, top inside, 10-up lbs.           13   46,858   $219.84     ($0.40)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  265,407   $271.07       $0.84
169A  Round, top inside c-off, 14-up lbs.      3    1,879   $267.15
171B  Round, outside round                     6   11,872   $267.99     ($0.70)
171C  Round, eye of round                     50   68,625   $254.18       $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.              3    3,930   $205.12       
180   Loin, strip, bnls, 9-up lbs.            26   73,416   $222.80    ($12.04)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  19   36,801   $214.99     ($1.80)
185A  Loin, bottom sirloin butt flap, bnls.   37  132,465   $276.88       $3.53
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              37   64,527   $299.04       $0.59
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    16  196,950   $267.32       $0.16
      Inside round - Boxed                    23   50,943   $269.57       $0.29
      Outside round
      Eye of round                            21   37,317   $254.00       $1.71
      Flats and eyes - Combo                  16  139,488   $251.47       $0.09
      Flats and eyes - Boxed                            
      Striploin                               65  201,868   $296.95       $0.10
      S.P.B. - Combo                           6   99,501   $244.08       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  106,566   $207.65     ($1.12)
167A  Round, knuckle, peeled                  46  306,354   $222.22       $0.25
190   Loin, tenderloin, 2-3 lbs.               8   40,020   $436.24       
190   Loin, tenderloin, 3-4 lbs.              43   77,110   $450.80     ($2.31)
190   Loin, tenderloin, 4-5 lbs.             126  204,696   $527.78     ($3.40)
190   Loin, tenderloin, 5-up lbs.             68   32,559   $542.85     ($4.25)
193   Flank, flank steak                      73   74,621   $300.01       $2.05
      Flank, rough                            76  164,493   $245.05       $1.48
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4    9,380   $297.81       
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.               9   59,067   $459.63       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       4   13,566   $224.11       
--------------------------------------------------------------------------------
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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