Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 11/19/2018

Past Market Reports

Report Date: 11/19/2018

LM_XB405
Des Moines, IA                 Mon, Nov 19, 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:               $155.34
Change from prior day:                $1.01
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $193.42        $108.01         $0.85
100% lean inside round                      $267.59          $6.21         
100% lean, flats and eyes                   $252.37          $5.86         $0.02
100% lean, S.P.B.                           $244.32         $12.22         $0.02
Chuck Tender                                $208.25          $2.08         
Knuckle                   4-7 lbs.          $223.22          $5.65         $0.03
Tenderloin                2-3 lbs.          $435.04          $2.31         
Tenderloin                3-4 lbs.          $453.62          $3.36         $0.02
Ribeye Roll               4-6 lbs.          $232.99          $2.45         
Ribeye Roll               6-8 lbs.          $304.86          $2.26         $0.05
Ribeye Roll               8up lbs.          $300.00          $2.19         
Flank Steak                                 $293.12          $1.23         $0.02
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                 23.04  loads --              921,746  pounds
Cutter/Canner Cuts                  1.23  loads --               49,246  pounds
Boner/Breaker/Cutter/Canner        24.80  loads --              992,000  pounds
100% Lean Items                    21.36  loads --              854,422  pounds
Frozen Cuts                         2.74  loads --              109,683  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   15,382   $311.67
112   Rib, ribeye roll, 8-10 lbs.             41   43,628   $334.72    ($10.51)
112   Rib, ribeye roll, 10-up lbs.           134   70,677   $354.30       $2.76
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   44,834   $408.72    ($38.37)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   11,890   $414.69     ($0.01)
      Chuck, boneless 85%                               
120   Chuck, brisket                          25   44,417   $224.09     ($0.57)
168   Round, top inside, 10-dn lbs.            3    7,205   $213.89     ($1.57)
168   Round, top inside, 10-up lbs.           12   35,755   $221.71       $1.87
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  268,124   $269.45     ($1.62)
169A  Round, top inside c-off, 14-up lbs.      3    1,879   $266.05     ($1.10)
171B  Round, outside round                     8   14,032   $266.38     ($1.61)
171C  Round, eye of round                     40   69,506   $253.43     ($0.75)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              5    6,336   $206.97       $1.85
180   Loin, strip, bnls, 9-up lbs.            25   62,124   $215.15     ($7.65)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  22   61,447   $212.07     ($2.92)
185A  Loin, bottom sirloin butt flap, bnls.   41  156,731   $277.57       $0.69
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              30   43,462   $304.86       $5.82
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    16  196,849   $266.83     ($0.49)
      Inside round - Boxed                    25   57,409   $270.20       $0.63
      Outside round
      Eye of round                            23   57,046   $256.20       $2.20
      Flats and eyes - Combo                  18  159,409   $251.03     ($0.44)
      Flats and eyes - Boxed                            
      Striploin                               75  280,712   $293.94     ($3.01)
      S.P.B. - Combo                           6   93,444   $244.32       $0.24
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  103,412   $208.25       $0.60
167A  Round, knuckle, peeled                  42  266,190   $223.22       $1.00
190   Loin, tenderloin, 2-3 lbs.              10   45,326   $435.04     ($1.20)
190   Loin, tenderloin, 3-4 lbs.              49   85,172   $453.62       $2.82
190   Loin, tenderloin, 4-5 lbs.             136  207,406   $538.64      $10.86
190   Loin, tenderloin, 5-up lbs.             74   29,947   $554.75      $11.90
193   Flank, flank steak                      77   86,964   $303.88       $3.87
      Flank, rough                            80  167,583   $245.70       $0.65
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   17,535   $296.28     ($1.53)
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.               5   55,872   $454.46     ($5.17)
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
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