LM_XB402 Des Moines, IA Fri, Feb 15, 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: 216.94 211.50 Change from prior day: 0.87 1.09 -------------------------------------------------------------------------------- Choice/Select spread: 5.44 Total Load Count (Cuts, Trimmings, Grinds): 58 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 354.78 331.88 Primal Chuck 172.49 170.53 Primal Round 177.60 178.57 Primal Loin 288.12 276.50 Primal Brisket 188.49 189.10 Primal Short Plate 159.79 159.79 Primal Flank 114.29 113.83 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 02/14 59 16 15 22 113 216.07 210.41 02/13 72 18 23 15 128 216.44 212.01 02/12 68 19 8 12 107 217.16 213.00 02/11 48 14 7 9 78 216.88 213.86 02/08 45 13 7 17 83 215.35 211.17 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 216.38 212.09 -------------------------------------------------------------------------------- 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 35.36 loads 1,414,309 pounds Select Cuts 5.41 loads 216,576 pounds Trimmings 3.77 loads 150,803 pounds Ground Beef 13.75 loads 550,019 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 14 67,709 663.67 678.00 666.86 112A 3 Rib, ribeye, bnls, light 4 1,351 764.00 804.00 793.62 112A 3 Rib, ribeye, bnls, heavy 10 11,079 750.00 772.25 754.60 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 3 3,093 214.25 215.93 215.63 114A 3 Chuck, shoulder clod, trmd 8 42,404 214.79 232.20 221.95 114D 3 Chuck, clod, top blade 4 4,266 350.49 374.00 352.92 114E 3 Chuck, clod, arm roast 14 46,916 275.00 283.98 279.79 114F 5 Chuck, clod tender (IM) 7 6,789 440.75 460.00 457.04 116A 3 Chuck, roll, lxl, neck/off 13 61,402 278.25 302.25 284.04 116B 1 Chuck, chuck tender (IM) 14 26,754 234.00 244.47 239.96 3 Chuck roll, retail ready 15 167,287 315.67 320.98 318.19 116G 4 Chuck, flap (IM) 4 4,046 540.23 580.00 556.86 120 1 Brisket, deckle-off, bnls 10 43,045 269.27 277.00 270.91 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 7 12,967 570.00 611.75 600.45 130 4 Chuck, short rib 9 16,561 345.49 377.25 355.24 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 28 89,409 240.00 255.98 250.14 168 1 Round, top inside round 4 8,732 220.00 221.00 220.75 168 3 Round, top inside round 7 16,814 219.79 230.75 224.55 169 5 Round, top inside, denuded 13 78,909 242.00 257.00 253.05 169A 5 Round, top inside, cap off 8 34,090 290.32 301.40 293.27 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 20 120,418 227.50 237.25 230.70 171C 3 Round, eye of round (IM) 26 60,835 269.50 282.25 275.94 174 3 Loin, short loin, 0x1 10 31,943 494.79 534.50 506.64 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 19 54,843 532.00 567.25 543.60 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 28 259,841 355.00 364.50 358.57 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 5 44,135 520.00 557.25 521.09 185B 1 Loin, ball-tip, bnls, heavy 3 7,312 259.50 275.00 267.55 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 3 1,666 442.00 467.25 446.73 189A 4 Loin, tndrloin, trmd, heavy 18 48,113 981.67 1050.93 995.74 191A 4 Loin, butt tender, trimmed 6 6,024 950.67 1000.00 968.39 193 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 0 0 112A 3 Rib, ribeye, bnls, light 5 6,359 687.79 725.00 702.90 112A 3 Rib, ribeye, bnls, heavy 4 4,381 694.50 725.00 720.89 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 0 0 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 7 24,806 270.00 292.74 283.79 116B 1 Chuck, chuck tender (IM) 3 10,787 234.00 236.79 234.08 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 0 0 130 4 Chuck, short rib 0 0 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 3 22,268 250.00 252.47 250.40 168 1 Round, top inside round 168 3 Round, top inside round 4 3,975 225.00 236.75 231.28 169 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 0 0 171B 3 Round, outside round 5 11,250 227.50 232.00 231.01 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 3 2,994 345.00 350.00 346.95 184 3 Loin, top butt, boneless 4 31,500 346.25 365.00 346.54 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 3 1,168 254.50 257.74 255.83 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 4 3,058 985.23 1035.00 1015.82 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 3 2,449 494.50 502.74 500.63 -------------------------------------------------------------------------------- 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) 5 21,200 495.00 511.00 500.17 121C 4 Plate, Outside Skirt (IM) 4 1,816 673.30 750.73 695.80 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 14 40,401 306.73 316.50 309.87 Pectoral Meat 6 5,070 304.50 329.00 315.15 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 7 31,068 145.00 169.25 151.70 Ground Beef 75% Ground Beef 81% 18 154,618 165.00 189.03 172.66 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 7 75,010 298.99 305.03 303.20 Ground Beef Chuck 80% 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% 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 7 150,803 66.00 71.75 67.68 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 .