LM_XB402 Des Moines, IA Wed, Dec 12, 2018 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: 211.63 201.70 Change from prior day: (2.83) 0.31 -------------------------------------------------------------------------------- Choice/Select spread: 9.93 Total Load Count (Cuts, Trimmings, Grinds): 94 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 378.82 329.68 Primal Chuck 171.12 169.44 Primal Round 164.86 166.17 Primal Loin 271.76 252.93 Primal Brisket 186.71 183.38 Primal Short Plate 147.74 147.74 Primal Flank 103.22 104.36 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 12/11 99 18 6 10 133 214.46 201.39 12/10 56 17 11 21 105 215.42 200.94 12/07 70 12 7 22 112 214.29 200.50 12/06 54 15 5 14 88 212.67 198.22 12/05 90 24 27 42 183 213.26 196.86 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 214.02 199.58 -------------------------------------------------------------------------------- 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 51.67 loads 2,066,989 pounds Select Cuts 17.60 loads 704,176 pounds Trimmings 6.08 loads 243,029 pounds Ground Beef 18.99 loads 759,659 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 24 45,974 596.00 890.70 631.26 112A 3 Rib, ribeye, bnls, light 8 71,399 773.91 928.08 874.41 112A 3 Rib, ribeye, bnls, heavy 63 27,997 857.25 930.00 909.95 113C 1 Chuck, semi-bnls, neck/off 5 22,582 210.00 221.25 215.31 114 1 Chuck, shoulder clod 7 25,593 190.46 206.06 200.26 114A 3 Chuck, shoulder clod, trmd 41 541,382 195.18 223.35 204.74 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 3 9,394 255.00 255.00 255.00 114F 5 Chuck, clod tender (IM) 116A 3 Chuck, roll, lxl, neck/off 68 69,336 289.00 306.00 294.39 116B 1 Chuck, chuck tender (IM) 38 48,437 205.00 227.00 212.99 3 Chuck roll, retail ready 5 7,995 314.21 324.80 316.21 116G 4 Chuck, flap (IM) 8 24,389 551.21 608.21 560.63 120 1 Brisket, deckle-off, bnls 45 36,465 270.00 296.00 275.49 120A 3 Brisket, point/off, bnls 8 12,062 447.00 480.00 469.19 123A 3 Short Plate, short rib 18 5,161 588.00 686.25 632.53 130 4 Chuck, short rib 35 19,993 369.00 430.00 404.13 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 89 122,749 217.00 241.00 225.43 168 1 Round, top inside round 56 84,319 198.83 212.00 206.21 168 3 Round, top inside round 11 43,456 185.93 220.00 212.06 169 5 Round, top inside, denuded 14 25,322 234.65 260.75 248.36 169A 5 Round, top inside, cap off 5 14,436 274.65 302.34 275.21 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 3 1,183 206.00 221.20 213.43 171B 3 Round, outside round 39 51,674 209.00 223.35 213.41 171C 3 Round, eye of round (IM) 60 80,420 221.02 258.50 231.51 174 3 Loin, short loin, 0x1 15 92,074 450.00 500.75 455.94 175 3 Loin, strip loin, 1x1 3 54,039 409.50 426.55 413.81 1 Loin, strip loin bnls. 1x1 3 1,862 446.00 446.00 446.00 180 3 Loin, strip, bnls, 0x1 42 101,821 485.00 515.50 487.83 184 1 Loin, top butt, bnls, heavy 4 1,128 334.00 340.00 335.28 184 3 Loin, top butt, boneless 43 26,625 330.90 361.00 341.89 184B 3 Loin, top butt, CC (IM) 3 1,767 481.00 486.00 482.85 185A 4 Loin, bottom sirloin, flap 11 60,612 442.00 465.00 444.05 185B 1 Loin, ball-tip, bnls, heavy 20 90,531 205.00 226.75 209.74 185C 1 Loin, sirloin, tri-tip (IM) 7 10,847 237.00 265.00 243.82 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 69 163,618 1115.00 1267.00 1142.80 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 9 14,872 437.00 447.00 439.75 -------------------------------------------------------------------------------- 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 4 7,749 624.57 644.00 627.54 112A 3 Rib, ribeye, bnls, light 6 14,508 643.91 724.51 657.15 112A 3 Rib, ribeye, bnls, heavy 4 4,978 669.72 740.00 697.71 113C 1 Chuck, semi-bnls, neck/off 5 41,642 210.00 213.00 210.65 114 1 Chuck, shoulder clod 3 80,541 192.80 200.00 194.26 114A 3 Chuck, shoulder clod, trmd 12 55,873 204.30 223.35 211.16 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 116A 3 Chuck, roll, lxl, neck/off 10 66,432 276.00 300.00 279.46 116B 1 Chuck, chuck tender (IM) 6 39,044 200.00 217.00 202.87 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 3 6,650 504.80 543.77 524.37 120 1 Brisket, deckle-off, bnls 3 15,271 261.75 288.35 264.49 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 0 0 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 15 13,645 220.00 245.04 228.25 168 1 Round, top inside round 168 3 Round, top inside round 5 13,429 205.00 216.58 213.56 169 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 171B 3 Round, outside round 9 30,172 206.00 229.01 210.91 171C 3 Round, eye of round (IM) 20 52,498 230.00 243.35 231.70 174 3 Loin, short loin, 0x1 8 12,206 380.35 473.35 412.84 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 6 17,775 410.00 423.94 420.77 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 9 6,927 323.00 343.35 332.73 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 3 1,895 207.00 235.00 213.04 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 17 41,027 1065.00 1178.35 1080.69 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 14 6,157 438.35 450.00 444.35 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 5 8,155 123.53 148.81 126.49 121D 4 Plate, Inside Skirt (IM) 3 21,423 454.00 455.44 455.34 121C 4 Plate, Outside Skirt (IM) 3 2,611 610.00 630.00 615.79 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 9 37,692 296.25 315.00 304.33 Pectoral Meat 21 29,265 310.00 330.00 317.08 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 13 88,053 144.83 167.25 153.72 Ground Beef 75% Ground Beef 81% 56 401,950 158.00 199.57 166.88 Ground Beef 85% 0 0 Ground Beef 90% 0 0 Ground Beef 93% 13 31,931 290.00 309.07 295.44 Ground Beef Chuck 80% 14 38,224 178.00 205.35 190.86 Ground Beef Round 85% 9 15,041 248.00 264.57 248.91 Ground Beef Sirloin 90% -------------------------------------------------------------------------------- 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% Blended Ground Beef 90% Blended Ground Beef 93% Blended Ground Beef Chuck 80% 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 6 243,029 61.81 69.12 66.52 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 .