LM_XB402 Des Moines, IA Mon, Jan 14, 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: 211.95 205.37 Change from prior day: (0.51) (0.90) -------------------------------------------------------------------------------- Choice/Select spread: 6.58 Total Load Count (Cuts, Trimmings, Grinds): 66 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 345.16 320.40 Primal Chuck 175.53 170.27 Primal Round 167.04 168.78 Primal Loin 278.75 267.44 Primal Brisket 188.28 186.45 Primal Short Plate 156.72 156.72 Primal Flank 107.93 105.27 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 01/11 57 13 17 20 107 212.46 206.27 01/10 77 23 9 16 125 213.96 207.77 01/09 76 12 10 29 126 213.84 206.47 01/08 112 37 8 26 183 213.98 207.26 01/07 56 18 30 24 128 214.28 208.21 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 213.70 207.19 -------------------------------------------------------------------------------- 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 44.91 loads 1,796,484 pounds Select Cuts 9.08 loads 363,001 pounds Trimmings 0.00 loads 0 pounds Ground Beef 12.29 loads 491,639 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 9 39,044 642.28 662.30 644.04 112A 3 Rib, ribeye, bnls, light 13 40,863 730.00 770.00 753.21 112A 3 Rib, ribeye, bnls, heavy 15 42,090 711.00 749.54 719.11 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 10 51,974 203.00 235.00 211.32 114D 3 Chuck, clod, top blade 7 6,003 335.21 340.32 337.88 114E 3 Chuck, clod, arm roast 13 14,535 241.00 266.89 257.92 114F 5 Chuck, clod tender (IM) 12 27,645 405.00 429.00 419.33 116A 3 Chuck, roll, lxl, neck/off 11 17,506 287.21 308.11 298.19 116B 1 Chuck, chuck tender (IM) 5 7,373 212.21 230.50 229.77 3 Chuck roll, retail ready 18 293,588 296.03 333.60 319.43 116G 4 Chuck, flap (IM) 4 7,706 542.37 561.00 549.27 120 1 Brisket, deckle-off, bnls 9 25,214 264.84 275.00 268.74 120A 3 Brisket, point/off, bnls 4 3,573 465.00 490.60 489.05 123A 3 Short Plate, short rib 10 17,910 570.00 575.00 574.03 130 4 Chuck, short rib 16 42,836 299.79 367.00 316.86 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 19 49,416 228.00 256.75 243.53 168 1 Round, top inside round 11 202,723 200.00 220.00 203.60 168 3 Round, top inside round 10 103,624 206.00 224.25 208.39 169 5 Round, top inside, denuded 4 18,421 251.18 260.89 259.67 169A 5 Round, top inside, cap off 10 73,554 284.58 308.49 297.23 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 3 1,684 190.79 203.25 199.54 171B 3 Round, outside round 12 45,049 198.00 216.25 204.52 171C 3 Round, eye of round (IM) 15 74,406 242.93 256.14 246.67 174 3 Loin, short loin, 0x1 4 28,692 480.94 516.85 484.34 175 3 Loin, strip loin, 1x1 4 148,939 419.55 421.03 420.62 1 Loin, strip loin bnls. 1x1 3 3,617 482.00 482.00 482.00 180 3 Loin, strip, bnls, 0x1 12 49,681 528.00 547.25 534.16 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 19 129,410 349.38 354.89 352.18 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 8 9,774 475.00 513.70 494.74 185B 1 Loin, ball-tip, bnls, heavy 12 64,481 240.00 275.00 248.89 185C 1 Loin, sirloin, tri-tip (IM) 7 4,723 284.00 307.03 296.36 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 7 21,617 1036.89 1187.25 1063.82 191A 4 Loin, butt tender, trimmed 3 1,739 957.28 1020.00 978.03 193 4 Flank, flank steak (IM) 3 8,435 478.45 484.73 482.67 -------------------------------------------------------------------------------- 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 112A 3 Rib, ribeye, bnls, light 9 50,613 638.27 720.75 666.49 112A 3 Rib, ribeye, bnls, heavy 6 10,465 662.00 691.25 672.83 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 3 17,801 204.53 215.00 205.31 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 3 3,768 395.00 395.00 395.00 116A 3 Chuck, roll, lxl, neck/off 5 27,873 279.58 301.49 287.31 116B 1 Chuck, chuck tender (IM) 4 3,787 225.21 235.00 229.62 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 3 1,281 502.37 514.35 508.73 120 1 Brisket, deckle-off, bnls 0 0 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 168 1 Round, top inside round 3 45,804 210.61 220.25 211.35 168 3 Round, top inside round 169 5 Round, top inside, denuded 169A 5 Round, top inside, cap off 0 0 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 4 1,827 196.69 202.21 199.72 171B 3 Round, outside round 171C 3 Round, eye of round (IM) 3 10,113 250.92 255.00 252.22 174 3 Loin, short loin, 0x1 6 35,814 460.94 492.70 469.89 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 5 11,547 442.00 482.37 458.11 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 3 2,262 338.15 356.28 350.71 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 0 0 185C 1 Loin, sirloin, tri-tip (IM) 5 34,631 224.80 250.21 233.49 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 3 7,468 1035.00 1040.00 1036.94 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 3 5,458 445.00 469.00 449.85 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 5 101,229 123.62 175.00 124.51 121D 4 Plate, Inside Skirt (IM) 10 6,376 501.41 529.35 517.69 121C 4 Plate, Outside Skirt (IM) 11 13,814 660.00 696.00 665.74 121E 6 Outside Skirt, pld (IM) 4 2,641 889.14 990.00 924.44 Cap, Wedge Meat & (IM) Lean 11 33,163 297.10 320.00 308.89 Pectoral Meat 6 13,638 297.19 330.00 302.07 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 7 95,657 152.00 185.75 171.13 Ground Beef 75% 0 0 Ground Beef 81% 12 28,668 169.00 217.50 189.88 Ground Beef 85% Ground Beef 90% Ground Beef 93% Ground Beef Chuck 80% 3 46,902 190.00 208.50 195.26 Ground Beef Round 85% 5 17,822 240.00 265.00 249.20 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% Blended Ground Beef 81% Blended Ground Beef 85% Blended Ground Beef 90% 0 0 Blended Ground Beef 93% 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 0 0 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 .