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. 10/2/2019

Past Market Reports

Report Date: 10/2/2019

LM_XB405
Des Moines, IA                 Wed, Oct 02, 2019                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:               $171.75
Change from prior day:              ($1.23)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.82        $122.75       ($1.23)
100% lean inside round                      $306.83          $7.12         $0.02
100% lean, flats and eyes                   $260.89          $6.05         $0.01
100% lean, S.P.B.                           $248.76         $12.44         $0.01
Chuck Tender                                $225.62          $2.26       ($0.01)
Knuckle                   4-7 lbs.          $228.03          $5.77       ($0.06)
Tenderloin                2-3 lbs.          $378.82          $2.01       ($0.02)
Tenderloin                3-4 lbs.          $491.54          $3.64         $0.01
Ribeye Roll               4-6 lbs.          $245.56          $2.58         $0.04
Ribeye Roll               6-8 lbs.          $279.88          $2.07       ($0.02)
Ribeye Roll               8up lbs.          $295.84          $2.16       ($0.01)
Flank Steak                                 $315.91          $1.33         $0.03
Kidney, Edible                               $20.00          $0.09         
Fat, inedible                                $17.25          $0.40         
Bone                                          $4.51          $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                 22.64  loads --              905,513  pounds
Cutter/Canner Cuts                  3.16  loads --              126,371  pounds
Boner/Breaker/Cutter/Canner        29.23  loads --            1,169,307  pounds
100% Lean Items                    34.19  loads --            1,367,481  pounds
Frozen Cuts                         4.16  loads --              166,382  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              18   23,268   $293.29     ($1.93)
112   Rib, ribeye roll, 8-10 lbs.             38   59,083   $335.21       $6.64
112   Rib, ribeye roll, 10-up lbs.           127  111,824   $365.66       $1.06
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   23,015   $377.29       $4.48
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   49,428   $370.51     ($8.09)
      Chuck, boneless 85%                               
120   Chuck, brisket                          31   72,759   $221.95       $2.40
168   Round, top inside, 10-dn lbs.            6   18,026   $229.76       $1.37
168   Round, top inside, 10-up lbs.            9   28,672   $234.60     ($1.07)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     23  183,546   $287.09       $0.29
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     3   10,931   $270.47     ($0.03)
171C  Round, eye of round                     61   64,287   $259.58     ($3.63)
      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.            26   47,800   $290.64     ($3.59)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   80,201   $214.42      $15.73
185A  Loin, bottom sirloin butt flap, bnls.   36  131,114   $289.19    ($23.39)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              41  112,808   $280.83     ($3.18)
112   Rib, ribeye roll, 8-up lbs.              4    3,200   $295.84     ($1.57)
100% LEAN
      Inside round - Combo                    12  144,760   $304.37       $2.51
      Inside round - Boxed                    25   60,981   $312.66     ($3.79)
      Outside round                            3   40,522   $265.57       
      Eye of round                            23   43,006   $281.77     ($0.51)
      Flats and eyes - Combo                  21  306,737   $257.34       $0.45
      Flats and eyes - Boxed                            
      Striploin                               86  450,911   $342.19       $4.64
      S.P.B. - Combo                          21  320,501   $248.74       $0.19
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   85,427   $225.62     ($1.03)
167A  Round, knuckle, peeled                  51  555,381   $228.03     ($2.28)
190   Loin, tenderloin, 2-3 lbs.               8   21,682   $378.82     ($3.51)
190   Loin, tenderloin, 3-4 lbs.              54   97,642   $491.54       $0.69
190   Loin, tenderloin, 4-5 lbs.             152  168,785   $545.83       $9.12
190   Loin, tenderloin, 5-up lbs.             59   37,359   $511.18     ($4.50)
193   Flank, flank steak                      85   78,599   $328.24       $6.58
      Flank, rough                            57  124,432   $254.48       $0.13
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.             10   26,517   $290.17     ($1.23)
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    6,796   $348.00       
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.               4   47,479   $496.54    ($41.82)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      15   17,739   $261.30     ($0.18)
--------------------------------------------------------------------------------
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

.