LM_XB402 Des Moines, IA Thu, Jan 10, 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: 214.45 207.05 Change from prior day: 0.61 0.58 -------------------------------------------------------------------------------- Choice/Select spread: 7.40 Total Load Count (Cuts, Trimmings, Grinds): 58 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 346.39 320.71 Primal Chuck 176.18 171.46 Primal Round 175.05 173.82 Primal Loin 280.28 267.88 Primal Brisket 191.45 187.62 Primal Short Plate 155.50 155.50 Primal Flank 107.61 108.24 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 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 01/03 104 22 7 16 149 216.49 209.38 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 214.62 207.80 -------------------------------------------------------------------------------- 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 30.65 loads 1,226,075 pounds Select Cuts 11.02 loads 440,881 pounds Trimmings 3.14 loads 125,720 pounds Ground Beef 12.70 loads 508,016 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 5,209 610.00 667.00 624.71 112A 3 Rib, ribeye, bnls, light 7 14,161 723.00 772.00 739.41 112A 3 Rib, ribeye, bnls, heavy 15 17,452 705.00 758.00 713.78 113C 1 Chuck, semi-bnls, neck/off 5 7,566 225.00 241.25 225.43 114 1 Chuck, shoulder clod 3 7,720 190.50 197.25 195.00 114A 3 Chuck, shoulder clod, trmd 3 7,015 207.00 221.25 211.43 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 6 23,304 239.00 279.24 255.36 114F 5 Chuck, clod tender (IM) 8 2,922 402.00 432.00 410.74 116A 3 Chuck, roll, lxl, neck/off 19 88,769 275.00 311.25 293.63 116B 1 Chuck, chuck tender (IM) 11 53,637 224.00 240.00 226.78 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 4 33,207 490.75 563.56 504.89 120 1 Brisket, deckle-off, bnls 24 101,013 269.00 295.50 271.95 120A 3 Brisket, point/off, bnls 4 3,696 455.00 492.00 483.77 123A 3 Short Plate, short rib 5 5,416 570.00 604.19 579.21 130 4 Chuck, short rib 12 28,815 303.02 400.00 350.36 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 19 21,812 228.00 266.25 242.16 168 1 Round, top inside round 5 11,322 213.00 222.30 220.17 168 3 Round, top inside round 6 12,416 218.00 222.25 219.49 169 5 Round, top inside, denuded 5 8,017 250.74 272.25 262.19 169A 5 Round, top inside, cap off 0 0 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 3 19,569 190.00 202.25 192.51 171B 3 Round, outside round 17 128,444 196.57 224.00 203.92 171C 3 Round, eye of round (IM) 23 78,353 232.26 271.50 247.57 174 3 Loin, short loin, 0x1 11 27,660 488.00 530.25 492.42 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 10 19,521 527.00 556.50 536.08 184 1 Loin, top butt, bnls, heavy 3 2,658 330.00 330.00 330.00 184 3 Loin, top butt, boneless 9 27,596 340.00 365.00 349.57 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 12 23,668 500.00 557.00 531.02 185B 1 Loin, ball-tip, bnls, heavy 6 16,433 250.49 260.00 252.59 185C 1 Loin, sirloin, tri-tip (IM) 7 201,133 290.32 322.00 294.44 185D 4 Loin, tri-tip, pld (IM) 7 6,273 396.00 432.00 405.61 189A 4 Loin, tndrloin, trmd, heavy 14 95,229 1019.63 1176.25 1032.54 191A 4 Loin, butt tender, trimmed 3 7,243 949.65 1020.00 955.65 193 4 Flank, flank steak (IM) 8 28,531 455.00 477.31 468.56 -------------------------------------------------------------------------------- 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 7 14,503 650.00 717.00 655.67 112A 3 Rib, ribeye, bnls, heavy 5 10,550 662.00 687.00 665.87 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 4 7,669 184.75 200.25 194.48 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) 0 0 116A 3 Chuck, roll, lxl, neck/off 12 113,056 275.00 303.00 283.04 116B 1 Chuck, chuck tender (IM) 6 25,792 224.00 246.50 226.87 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 5 13,146 490.75 540.00 500.66 120 1 Brisket, deckle-off, bnls 4 77,686 264.30 275.49 265.88 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 3 4,590 310.22 381.50 333.93 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 3 6,783 230.00 259.50 245.53 168 1 Round, top inside round 168 3 Round, top inside round 3 8,948 215.00 229.08 223.34 169 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 3 1,182 189.50 191.00 190.45 171B 3 Round, outside round 7 21,084 196.57 214.50 205.43 171C 3 Round, eye of round (IM) 6 32,131 240.00 262.00 248.31 174 3 Loin, short loin, 0x1 4 1,734 470.00 479.25 474.93 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 10 15,581 442.00 491.25 454.71 184 1 Loin, top butt, bnls, heavy 5 4,487 326.30 340.00 330.03 184 3 Loin, top butt, boneless 7 17,480 330.00 353.22 333.59 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 0 0 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 3 2,216 1015.00 1174.25 1161.54 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 3 4,111 140.00 140.00 140.00 121D 4 Plate, Inside Skirt (IM) 121C 4 Plate, Outside Skirt (IM) 11 18,098 635.00 686.00 662.77 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 10 17,958 296.25 320.00 303.15 Pectoral Meat 11 21,073 300.00 335.00 314.87 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 7 41,202 158.00 181.50 163.06 Ground Beef 75% Ground Beef 81% 23 130,912 171.00 204.00 188.50 Ground Beef 85% Ground Beef 90% Ground Beef 93% 3 2,439 309.83 319.00 312.67 Ground Beef Chuck 80% 5 16,112 200.00 211.50 205.55 Ground Beef Round 85% 3 8,177 259.24 262.74 260.77 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% 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 7 125,720 60.25 63.91 61.67 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 .