LM_XB402 Des Moines, IA Mon, Jul 22, 2019 USDA Market News NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales - Morning USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30am Based on negotiated prices and volume of boxed beef cuts delivered within 0-21 days and on average industry cutting yields. Values reflect U.S. dollars per 100 pounds. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 213.19 189.68 Change from prior day: (0.23) 0.17 -------------------------------------------------------------------------------- Choice/Select spread: 23.51 Total Load Count (Cuts, Trimmings, Grinds): 46 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 352.70 273.37 Primal Chuck 172.27 166.45 Primal Round 164.75 163.83 Primal Loin 285.21 229.52 Primal Brisket 178.86 176.80 Primal Short Plate 160.37 160.37 Primal Flank 128.72 110.91 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 07/19 45 20 0 25 90 213.42 189.51 07/18 67 32 9 27 135 213.34 188.61 07/17 80 55 30 34 200 212.57 188.34 07/16 66 42 13 29 151 212.93 189.16 07/15 66 35 11 31 143 213.27 189.21 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 213.10 188.96 -------------------------------------------------------------------------------- NATIONAL BOXED BEEF CUTS - NEGOTIATED SALES FOB Plant basis negotiated sales for delivery within 0-21 day period. Prior days sales after 1:30pm are included. CURRENT VOLUME - (one load equals 40,000 pounds) Choice Cuts 16.49 loads 659,623 pounds Select Cuts 10.18 loads 407,056 pounds Trimmings 12.26 loads 490,508 pounds Ground Beef 6.77 loads 270,879 pounds -------------------------------------------------------------------------------- Choice Cuts, Fat Limitations 1-6 (IM) = Individual Muscle IMPS/FL Sub-Primal # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- 109E 1 Rib, ribeye, lip-on, bn-in 8 11,250 640.00 710.28 664.20 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 9 9,832 744.00 781.86 757.00 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 114D 3 Chuck, clod, top blade 5 3,314 320.00 355.65 340.96 114E 3 Chuck, clod, arm roast 13 9,956 272.00 295.29 277.78 114F 5 Chuck, clod tender (IM) 5 3,544 360.00 374.70 369.07 116A 3 Chuck, roll, lxl, neck/off 3 27,746 273.00 275.00 274.92 116B 1 Chuck, chuck tender (IM) 5 30,624 216.00 231.75 219.73 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 9 13,528 474.00 568.51 511.47 120 1 Brisket, deckle-off, bnls 12 27,191 244.00 276.00 254.72 120A 3 Brisket, point/off, bnls 3 3,178 423.00 452.00 425.87 123A 3 Short Plate, short rib 12 15,449 539.28 575.00 569.36 130 4 Chuck, short rib 7 14,335 325.51 380.00 362.22 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 10 46,191 219.00 253.70 223.01 168 1 Round, top inside round 4 3,584 213.00 213.00 213.00 168 3 Round, top inside round 8 33,880 212.00 230.00 218.29 169 5 Round, top inside, denuded 3 24,842 243.57 271.00 245.07 169A 5 Round, top inside, cap off 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 5 6,217 203.25 216.86 205.22 171C 3 Round, eye of round (IM) 5 16,889 214.85 230.29 218.24 174 3 Loin, short loin, 0x1 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 5 8,793 567.50 587.75 575.99 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 7 22,402 305.00 321.57 307.44 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 5 10,721 587.00 605.00 592.79 185B 1 Loin, ball-tip, bnls, heavy 5 15,147 326.26 345.00 330.70 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 3 13,094 432.00 473.00 455.77 189A 4 Loin, tndrloin, trmd, heavy 7 82,645 906.51 1091.75 911.27 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 3 22,722 552.11 567.50 553.92 -------------------------------------------------------------------------------- Select Cuts, Fat Limitations 1-6 (IM) = Individual Muscle IMPS/FL Sub-Primal # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- 109E 1 Rib, ribeye, lip-on, bn-in 6 14,157 454.28 485.00 463.88 112A 3 Rib, ribeye, bnls, light 6 56,416 525.00 573.10 536.71 112A 3 Rib, ribeye, bnls, heavy 4 7,323 557.00 585.86 571.68 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 3 7,060 199.00 205.00 199.72 114A 3 Chuck, shoulder clod, trmd 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 4 1,220 337.69 360.00 355.47 116A 3 Chuck, roll, lxl, neck/off 5 45,811 240.00 251.25 242.18 116B 1 Chuck, chuck tender (IM) 4 12,214 216.00 217.28 216.03 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 9 6,922 439.34 461.39 445.59 120 1 Brisket, deckle-off, bnls 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 4 14,273 320.54 335.00 325.55 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 5 11,655 220.00 235.00 231.34 168 1 Round, top inside round 0 0 168 3 Round, top inside round 4 8,699 204.50 220.86 208.53 169 5 Round, top inside, denuded 169A 5 Round, top inside, cap off 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 6 3,751 189.34 194.98 192.81 171B 3 Round, outside round 171C 3 Round, eye of round (IM) 174 3 Loin, short loin, 0x1 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 4 26,337 357.00 396.66 364.31 184 1 Loin, top butt, bnls, heavy 3 5,907 240.00 250.00 249.23 184 3 Loin, top butt, boneless 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 3 19,695 511.54 517.99 513.93 185B 1 Loin, ball-tip, bnls, heavy 4 10,151 222.48 240.82 235.39 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 6 26,561 800.00 820.00 802.26 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 5 13,671 433.19 459.00 439.48 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 3 8,710 121.50 132.00 123.13 121D 4 Plate, Inside Skirt (IM) 11 32,750 434.00 476.75 442.55 121C 4 Plate, Outside Skirt (IM) 10 6,606 655.00 690.28 660.33 121E 6 Outside Skirt, pld (IM) 10 10,216 844.34 1000.00 905.49 Cap, Wedge Meat & (IM) Lean 18 88,938 233.00 261.75 246.27 Pectoral Meat 6 22,666 235.26 261.00 244.32 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 6 116,273 155.05 176.25 162.15 Ground Beef 75% Ground Beef 81% 14 36,222 177.00 206.25 190.40 Ground Beef 85% 0 0 Ground Beef 90% 0 0 Ground Beef 93% Ground Beef Chuck 80% 7 30,897 182.00 207.00 187.85 Ground Beef Round 85% Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- BLENDED GB - STEER/HEIFER/COW SOURCE - 10 Pound Chub Basis - Coarse & Fine Grind -------------------------------------------------------------------------------- Blended Ground Beef 73% Blended Ground Beef 75% 0 0 Blended Ground Beef 81% Blended Ground Beef 85% 0 0 Blended Ground Beef 90% 0 0 Blended Ground Beef 93% 0 0 Blended Ground Beef Chuck 80% 0 0 Blended Ground Beef Round 85% 0 0 Blended Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 27 490,508 80.25 94.25 85.51 Frozen 50% lean trimmings 0 0 -------------------------------------------------------------------------------- FAT LIMITATIONS (FL) DESCRIPTION Maximum Average Fat Thickness Maximum Fat at any point 1. 3/4" (19mm) 1.0" 2. 1/4" (6mm) 1/2" 3. 1/8" (3mm) 1/4" 4. Practically free (75% surface lean exposed) 1/8" 5. Peeled/Denuded 1/8" 6. Peeled/Denuded, surface membrane removed 1/8" -------------------------------------------------------------------------------- Items that have no entries indicate there were trades but not reportable because they did not meet the daily 3/70/20 guideline. Please refer to weekly LM_XB459 as the item may qualify. -------------------------------------------------------------------------------- Source: USDA Market News Service, Des Moines, IA 515-284-4460 email: desm.lpgmn@usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/market-news/livestock-poultry-grain 1100C 1100C .