Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

1. Cattle.com
2. Market Reports
3. Iowa
4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 11/28/2018

Past Market Reports

Report Date: 11/28/2018

LM_XB405
Des Moines, IA                 Wed, Nov 28, 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:               $154.68
Change from prior day:              ($3.08)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $193.02        $107.78       ($2.91)
100% lean inside round                      $266.85          $6.19       ($0.01)
100% lean, flats and eyes                   $251.27          $5.83         $0.01
100% lean, S.P.B.                           $243.13         $12.16         $0.01
Chuck Tender                                $205.01          $2.05       ($0.03)
Knuckle                   4-7 lbs.          $223.51          $5.65       ($0.03)
Tenderloin                2-3 lbs.          $435.32          $2.31         
Tenderloin                3-4 lbs.          $441.45          $3.27       ($0.10)
Ribeye Roll               4-6 lbs.          $234.31          $2.46         
Ribeye Roll               6-8 lbs.          $286.98          $2.12       ($0.01)
Ribeye Roll               8up lbs.          $289.87          $2.12         
Flank Steak                                 $284.52          $1.20       ($0.01)
Kidney, Edible                               $17.12          $0.08         
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.48          $1.08         
--------------------------------------------------------------------------------
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                 17.76  loads --              710,316  pounds
Cutter/Canner Cuts                  3.06  loads --              122,574  pounds
Boner/Breaker/Cutter/Canner        18.50  loads --              739,859  pounds
100% Lean Items                    21.49  loads --              859,456  pounds
Frozen Cuts                         1.30  loads --               52,011  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   21,716   $302.02     ($0.99)
112   Rib, ribeye roll, 8-10 lbs.             27   51,529   $321.10     ($8.66)
112   Rib, ribeye roll, 10-up lbs.            81   54,940   $355.59     ($0.80)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   35,390   $410.69    ($15.50)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   18,739   $391.50    ($33.24)
      Chuck, boneless 85%                               
120   Chuck, brisket                          30   92,293   $233.02      $10.16
168   Round, top inside, 10-dn lbs.            6   14,819   $207.91     ($0.12)
168   Round, top inside, 10-up lbs.            5   14,447   $224.59       $0.37
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  211,632   $266.00       $1.86
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     3    5,500   $271.35       $2.22
171C  Round, eye of round                     42   47,195   $252.34       $1.94
      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.            18   84,113   $213.96     ($0.15)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  14   25,497   $216.85      $20.39
185A  Loin, bottom sirloin butt flap, bnls.   23   18,277   $333.09      $34.57
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   17,931   $247.33       
112   Rib, ribeye roll, 6-8 lbs.              29   94,743   $286.98     ($0.32)
112   Rib, ribeye roll, 8-up lbs.              3    9,900   $289.87       
100% LEAN
      Inside round - Combo                    13  257,318   $266.60     ($1.06)
      Inside round - Boxed                    23   50,093   $268.13       $2.40
      Outside round
      Eye of round                            17   67,517   $266.45     ($0.29)
      Flats and eyes - Combo                  19  244,476   $247.27       $1.28
      Flats and eyes - Boxed                            
      Striploin                               49  107,449   $298.58     ($0.85)
      S.P.B. - Combo                           8  104,217   $243.13       $0.13
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   87,479   $205.01     ($2.98)
167A  Round, knuckle, peeled                  32  203,549   $223.51     ($1.11)
190   Loin, tenderloin, 2-3 lbs.              11   43,911   $435.32       $0.31
190   Loin, tenderloin, 3-4 lbs.              45   87,382   $441.46    ($13.29)
190   Loin, tenderloin, 4-5 lbs.             102  101,301   $539.95       $7.88
190   Loin, tenderloin, 5-up lbs.             37   55,004   $507.26    ($26.26)
193   Flank, flank steak                      49   48,367   $299.21     ($0.23)
      Flank, rough                            45  112,866   $244.00       $3.14
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3   10,350   $314.89
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.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   13,760   $232.89       $0.06
--------------------------------------------------------------------------------
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

.