Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 10/3/2019

Past Market Reports

Report Date: 10/3/2019

LM_XB405
Des Moines, IA                 Thu, Oct 03, 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:               $171.19
Change from prior day:              ($0.56)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.96        $122.27       ($0.48)
100% lean inside round                      $308.99          $7.17         $0.05
100% lean, flats and eyes                   $260.88          $6.05         
100% lean, S.P.B.                           $247.91         $12.40       ($0.04)
Chuck Tender                                $225.52          $2.26         
Knuckle                   4-7 lbs.          $228.21          $5.77         
Tenderloin                2-3 lbs.          $378.59          $2.01         
Tenderloin                3-4 lbs.          $478.79          $3.54       ($0.10)
Ribeye Roll               4-6 lbs.          $243.48          $2.56       ($0.02)
Ribeye Roll               6-8 lbs.          $281.38          $2.08         $0.01
Ribeye Roll               8up lbs.          $294.99          $2.15       ($0.01)
Flank Steak                                 $322.84          $1.36         $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                 24.36  loads --              974,400  pounds
Cutter/Canner Cuts                  3.79  loads --              151,534  pounds
Boner/Breaker/Cutter/Canner        27.12  loads --            1,084,635  pounds
100% Lean Items                    30.64  loads --            1,225,503  pounds
Frozen Cuts                         3.61  loads --              144,489  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              17   22,880   $293.08     ($0.21)
112   Rib, ribeye roll, 8-10 lbs.             29   52,285   $336.48       $1.27
112   Rib, ribeye roll, 10-up lbs.           133  116,031   $364.49     ($1.17)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   37,547   $384.14       $6.85
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21  112,186   $389.88      $19.37
      Chuck, boneless 85%                               
120   Chuck, brisket                          27   63,911   $221.51     ($0.44)
168   Round, top inside, 10-dn lbs.            4    3,887   $233.43       $3.67
168   Round, top inside, 10-up lbs.            7   21,800   $225.98     ($8.62)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     21  179,763   $286.70     ($0.39)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5   11,936   $273.76       $3.29
171C  Round, eye of round                     64   61,900   $259.67       $0.09
      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   85,048   $299.50       $8.86
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   77,271   $217.25       $2.83
185A  Loin, bottom sirloin butt flap, bnls.   33  126,396   $283.78     ($5.41)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   11,537   $244.79
112   Rib, ribeye roll, 6-8 lbs.              54  135,417   $282.43       $1.60
112   Rib, ribeye roll, 8-up lbs.              5    4,580   $294.99     ($0.85)
100% LEAN
      Inside round - Combo                     9   96,285   $306.79       $2.42
      Inside round - Boxed                    26   91,519   $311.31     ($1.35)
      Outside round                            3   40,522   $265.57       
      Eye of round                            28   47,865   $280.58     ($1.19)
      Flats and eyes - Combo                  21  304,642   $257.16     ($0.18)
      Flats and eyes - Boxed                            
      Striploin                               81  354,106   $341.67     ($0.52)
      S.P.B. - Combo                          19  290,501   $247.89     ($0.85)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32   90,852   $225.52     ($0.10)
167A  Round, knuckle, peeled                  52  452,879   $228.21       $0.18
190   Loin, tenderloin, 2-3 lbs.               8   20,189   $378.59     ($0.23)
190   Loin, tenderloin, 3-4 lbs.              53  109,030   $478.79    ($12.75)
190   Loin, tenderloin, 4-5 lbs.             133  158,379   $546.72       $0.89
190   Loin, tenderloin, 5-up lbs.             62   40,133   $513.06       $1.88
193   Flank, flank steak                      87   72,244   $332.52       $4.28
      Flank, rough                            55  140,929   $257.44       $2.96
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              9   22,667   $292.24       $2.07
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   77,443   $490.17     ($6.37)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      11   11,242   $260.63     ($0.67)
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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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