Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 10/11/2019

Past Market Reports

Report Date: 10/11/2019

LM_XB405
Des Moines, IA                 Fri, Oct 11, 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:               $171.74
Change from prior day:                $1.08
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.45        $123.10         $1.12
100% lean inside round                      $305.26          $7.08       ($0.02)
100% lean, flats and eyes                   $262.52          $6.09         $0.01
100% lean, S.P.B.                           $249.35         $12.47         
Chuck Tender                                $224.27          $2.24         
Knuckle                   4-7 lbs.          $227.83          $5.76       ($0.01)
Tenderloin                2-3 lbs.          $387.35          $2.05         
Tenderloin                3-4 lbs.          $454.09          $3.36       ($0.03)
Ribeye Roll               4-6 lbs.          $249.36          $2.62         
Ribeye Roll               6-8 lbs.          $277.98          $2.06         
Ribeye Roll               8up lbs.          $293.00          $2.14         
Flank Steak                                 $309.06          $1.30         $0.01
Kidney, Edible                               $18.33          $0.08         
Fat, inedible                                $17.25          $0.40         
Bone                                          $4.12          $0.99         
--------------------------------------------------------------------------------
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                 22.13  loads --              885,273  pounds
Cutter/Canner Cuts                  3.88  loads --              155,069  pounds
Boner/Breaker/Cutter/Canner        26.64  loads --            1,065,660  pounds
100% Lean Items                    17.66  loads --              706,215  pounds
Frozen Cuts                         3.26  loads --              130,348  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   19,312   $297.58     ($3.07)
112   Rib, ribeye roll, 8-10 lbs.             41   76,728   $322.11     ($8.22)
112   Rib, ribeye roll, 10-up lbs.           132  134,053   $344.24    ($13.03)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   18,087   $373.05       $0.12
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   20,759   $402.97    ($26.41)
      Chuck, boneless 85%                               
120   Chuck, brisket                          26   69,273   $223.17       $0.60
168   Round, top inside, 10-dn lbs.            4   14,492   $209.80       
168   Round, top inside, 10-up lbs.           15   43,104   $228.91     ($3.58)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     19  169,544   $287.64       
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     7   52,621   $241.74     ($5.62)
171C  Round, eye of round                     54   52,819   $261.47     ($3.12)
      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.            33   86,526   $241.60     ($2.74)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  16   21,586   $216.19     ($1.69)
185A  Loin, bottom sirloin butt flap, bnls.   40  101,416   $318.77       $4.29
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              47  136,158   $280.89     ($0.70)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    17  152,076   $305.63     ($0.06)
      Inside round - Boxed                    35   87,799   $304.61     ($1.95)
      Outside round                            3   32,562   $258.17       
      Eye of round                            16   34,319   $274.27     ($1.65)
      Flats and eyes - Combo                  13  105,281   $260.03       $0.05
      Flats and eyes - Boxed                            
      Striploin                               76  204,695   $340.26       $1.43
      S.P.B. - Combo                           9   89,483   $249.35     ($0.11)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  127,089   $224.27     ($0.05)
167A  Round, knuckle, peeled                  48  404,689   $227.83     ($0.07)
190   Loin, tenderloin, 2-3 lbs.              10   27,506   $387.35       $0.10
190   Loin, tenderloin, 3-4 lbs.              42  100,816   $459.87       $1.58
190   Loin, tenderloin, 4-5 lbs.             128  186,614   $534.76     ($1.60)
190   Loin, tenderloin, 5-up lbs.             58   27,583   $514.07       $2.62
193   Flank, flank steak                      89  102,409   $314.70       $3.49
      Flank, rough                            61   88,954   $244.20       $0.51
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              4   26,084   $285.79       
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.             7   16,950   $348.00       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               4   26,137   $262.83     ($0.93)
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   16,906   $505.70       
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                       9   12,294   $262.03     ($0.84)
--------------------------------------------------------------------------------
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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