LM_XB402 Des Moines, IA Fri, Jan 11, 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: 212.82 207.14 Change from prior day: (1.14) (0.63) -------------------------------------------------------------------------------- Choice/Select spread: 5.68 Total Load Count (Cuts, Trimmings, Grinds): 59 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 346.77 318.06 Primal Chuck 174.70 174.79 Primal Round 169.73 172.85 Primal Loin 280.54 266.76 Primal Brisket 188.92 186.04 Primal Short Plate 156.01 156.01 Primal Flank 107.12 105.39 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 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 01/04 66 26 3 21 116 214.51 207.66 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 214.11 207.47 -------------------------------------------------------------------------------- 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 32.52 loads 1,300,739 pounds Select Cuts 6.05 loads 242,060 pounds Trimmings 6.38 loads 255,382 pounds Ground Beef 14.26 loads 570,445 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 112A 3 Rib, ribeye, bnls, light 8 13,825 730.00 775.65 743.34 112A 3 Rib, ribeye, bnls, heavy 13 36,392 691.50 775.65 730.68 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 4 20,381 192.00 215.65 195.32 114A 3 Chuck, shoulder clod, trmd 4 28,227 205.00 211.95 205.99 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender (IM) 5 5,015 405.00 435.00 410.81 116A 3 Chuck, roll, lxl, neck/off 7 57,852 295.00 315.55 300.86 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 3 29,907 494.00 569.43 502.27 120 1 Brisket, deckle-off, bnls 8 130,706 253.00 290.43 269.32 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 4 7,700 521.00 570.00 534.37 130 4 Chuck, short rib 6 11,472 328.71 385.25 353.97 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 6 9,137 225.55 255.25 232.45 168 1 Round, top inside round 168 3 Round, top inside round 21 423,668 203.96 227.00 206.87 169 5 Round, top inside, denuded 169A 5 Round, top inside, cap off 3 Round, top inside, side off 170 1 Round, bottom gooseneck 6 82,693 187.00 214.25 187.55 171B 3 Round, outside round 6 57,292 197.65 211.25 200.96 171C 3 Round, eye of round (IM) 5 4,238 250.04 264.55 256.55 174 3 Loin, short loin, 0x1 6 30,638 490.00 536.50 495.79 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 3 4,757 482.00 482.00 482.00 180 3 Loin, strip, bnls, 0x1 8 17,063 528.00 562.25 530.65 184 1 Loin, top butt, bnls, heavy 3 5,059 330.00 350.43 343.15 184 3 Loin, top butt, boneless 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 3 33,930 483.76 500.00 490.97 185B 1 Loin, ball-tip, bnls, heavy 3 4,982 241.52 255.00 246.92 185C 1 Loin, sirloin, tri-tip (IM) 6 43,406 290.65 316.50 294.25 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 3 3,749 1040.00 1040.00 1040.00 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) -------------------------------------------------------------------------------- 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 112A 3 Rib, ribeye, bnls, heavy 3 21,246 608.00 663.00 634.04 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 4 46,275 180.25 201.00 192.91 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 2,535 395.00 405.00 397.44 116A 3 Chuck, roll, lxl, neck/off 5 23,497 287.25 301.50 290.74 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 0 0 120 1 Brisket, deckle-off, bnls 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 168 1 Round, top inside round 0 0 168 3 Round, top inside round 4 6,668 216.35 220.25 217.47 169 5 Round, top inside, denuded 0 0 169A 5 Round, top inside, cap off 0 0 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 0 0 171B 3 Round, outside round 5 19,910 204.88 219.25 206.19 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 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 3 2,106 335.00 345.00 338.56 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 6 33,120 244.32 260.00 245.30 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 0 0 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 0 0 121D 4 Plate, Inside Skirt (IM) 4 3,547 499.00 525.00 512.54 121C 4 Plate, Outside Skirt (IM) 7 7,866 660.00 686.75 679.81 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 13 42,633 298.00 310.00 303.66 Pectoral Meat 6 100,385 294.33 314.50 296.00 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 15 140,475 150.00 175.25 158.24 Ground Beef 75% 0 0 Ground Beef 81% 20 186,072 163.00 205.00 179.86 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 4 67,564 311.85 311.86 311.86 Ground Beef Chuck 80% 5 36,337 183.00 200.00 191.81 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% Blended Ground Beef 81% Blended Ground Beef 85% 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 9 255,382 56.00 64.75 58.60 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 .