Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 10/16/2019

Past Market Reports

Report Date: 10/16/2019

LM_XB405
Des Moines, IA                 Wed, Oct 16, 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:               $169.95
Change from prior day:              ($0.93)
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Item                                          Price          Value        Change
90% lean                                    $216.75        $121.03       ($0.84)
100% lean inside round                      $306.36          $7.11       ($0.04)
100% lean, flats and eyes                   $261.90          $6.08       ($0.02)
100% lean, S.P.B.                           $251.41         $12.57       ($0.02)
Chuck Tender                                $224.36          $2.24       ($0.01)
Knuckle                   4-7 lbs.          $228.26          $5.77         
Tenderloin                2-3 lbs.          $411.36          $2.18       ($0.01)
Tenderloin                3-4 lbs.          $474.51          $3.51         
Ribeye Roll               4-6 lbs.          $235.29          $2.47         
Ribeye Roll               6-8 lbs.          $280.08          $2.07       ($0.01)
Ribeye Roll               8up lbs.          $293.00          $2.14         
Flank Steak                                 $302.19          $1.27         $0.02
Kidney, Edible                               $18.51          $0.09         
Fat, inedible                                $16.58          $0.38         
Bone                                          $4.35          $1.04         
--------------------------------------------------------------------------------
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                 18.96  loads --              758,576  pounds
Cutter/Canner Cuts                  3.48  loads --              139,025  pounds
Boner/Breaker/Cutter/Canner        29.09  loads --            1,163,638  pounds
100% Lean Items                    23.91  loads --              956,430  pounds
Frozen Cuts                         4.72  loads --              188,764  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              18   21,614   $298.43       $0.28
112   Rib, ribeye roll, 8-10 lbs.             36   75,615   $299.61    ($15.04)
112   Rib, ribeye roll, 10-up lbs.           155  133,893   $339.45       $1.91
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   20,948   $374.37     ($0.78)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   34,594   $390.69     ($7.90)
      Chuck, boneless 85%                               
120   Chuck, brisket                          18   36,173   $227.14       $2.38
168   Round, top inside, 10-dn lbs.            7   18,098   $211.58     ($0.15)
168   Round, top inside, 10-up lbs.           14   44,442   $229.37     ($1.01)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     14  159,617   $286.80       $0.06
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5   42,541   $234.21     ($7.53)
171C  Round, eye of round                     51   52,455   $263.15     ($1.20)
      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   48,698   $250.50    ($10.95)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  15   23,627   $217.35     ($1.61)
185A  Loin, bottom sirloin butt flap, bnls.   30   39,503   $336.72       $5.14
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              62  134,923   $282.71     ($1.21)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    20  215,855   $307.49     ($2.00)
      Inside round - Boxed                    31   58,359   $302.17     ($2.66)
      Outside round
      Eye of round                            22   60,409   $265.72     ($0.35)
      Flats and eyes - Combo                  12  157,161   $260.71     ($0.96)
      Flats and eyes - Boxed                            
      Striploin                               92  296,553   $339.64       $1.98
      S.P.B. - Combo                          13  139,755   $251.41     ($0.37)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  120,672   $224.36     ($0.59)
167A  Round, knuckle, peeled                  56  402,333   $228.26       $0.31
190   Loin, tenderloin, 2-3 lbs.              18   66,186   $411.36     ($0.94)
190   Loin, tenderloin, 3-4 lbs.              48  123,764   $482.52     ($1.05)
190   Loin, tenderloin, 4-5 lbs.             139  232,972   $509.74    ($10.78)
190   Loin, tenderloin, 5-up lbs.             54   49,285   $520.96       $2.75
193   Flank, flank steak                      81   81,194   $315.84       $6.95
      Flank, rough                            60   87,232   $259.90     ($2.08)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3    8,030   $289.55       $4.41
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.             9   17,086   $348.00       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   29,310   $235.29       
112   Rib, ribeye roll, 6-8 lbs.               3   20,437   $262.73       
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   58,597   $488.91
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      13   27,068   $261.24       $0.05
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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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