LM_XB402 Des Moines, IA Tue, Jun 25, 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: 219.38 199.29 Change from prior day: (0.36) (0.52) -------------------------------------------------------------------------------- Choice/Select spread: 20.09 Total Load Count (Cuts, Trimmings, Grinds): 95 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 355.66 296.65 Primal Chuck 175.69 170.96 Primal Round 167.20 168.29 Primal Loin 297.85 244.20 Primal Brisket 200.78 198.93 Primal Short Plate 164.90 164.90 Primal Flank 134.72 113.27 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 06/24 67 22 17 14 120 219.74 199.81 06/21 37 37 10 16 99 219.82 199.55 06/20 57 31 0 14 103 220.72 201.48 06/19 83 40 12 48 184 221.59 202.24 06/18 66 39 9 23 137 220.53 201.80 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 220.48 200.98 -------------------------------------------------------------------------------- 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 54.95 loads 2,197,803 pounds Select Cuts 23.67 loads 946,941 pounds Trimmings 7.46 loads 298,378 pounds Ground Beef 9.18 loads 367,380 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 11 49,124 607.24 710.75 666.58 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 15 43,253 745.00 793.25 754.69 113C 1 Chuck, semi-bnls, neck/off 3 7,871 210.02 215.64 213.18 114 1 Chuck, shoulder clod 7 115,015 199.28 222.50 202.97 114A 3 Chuck, shoulder clod, trmd 14 99,539 214.66 230.00 219.23 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender (IM) 4 2,137 346.41 376.75 349.74 116A 3 Chuck, roll, lxl, neck/off 17 59,873 268.00 282.00 274.55 116B 1 Chuck, chuck tender (IM) 4 6,557 231.00 239.65 232.74 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 3 3,227 489.32 507.46 498.70 120 1 Brisket, deckle-off, bnls 12 70,791 277.00 309.55 282.83 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 11 17,768 518.72 598.00 560.38 130 4 Chuck, short rib 12 33,078 335.00 386.00 365.50 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 20 57,752 221.00 252.25 230.84 168 1 Round, top inside round 9 301,769 200.00 215.00 202.66 168 3 Round, top inside round 16 167,213 210.25 231.29 219.14 169 5 Round, top inside, denuded 3 47,250 235.00 254.00 237.48 169A 5 Round, top inside, cap off 3 28,245 277.00 297.50 283.84 3 Round, top inside, side off 170 1 Round, bottom gooseneck 171B 3 Round, outside round 10 31,168 210.00 223.25 215.44 171C 3 Round, eye of round (IM) 12 67,624 214.49 229.80 217.96 174 3 Loin, short loin, 0x1 11 103,398 529.00 591.00 542.36 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 11 22,265 630.00 709.35 659.97 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 11 42,826 314.66 345.00 333.83 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 12 97,378 515.00 585.00 550.42 185B 1 Loin, ball-tip, bnls, heavy 5 27,492 290.00 326.75 293.40 185C 1 Loin, sirloin, tri-tip (IM) 12 23,311 367.00 405.50 370.29 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 12 95,671 965.00 1091.75 972.05 191A 4 Loin, butt tender, trimmed 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 3 8,170 506.00 558.52 509.27 112A 3 Rib, ribeye, bnls, light 13 300,431 569.24 631.00 571.65 112A 3 Rib, ribeye, bnls, heavy 5 8,793 580.00 611.75 605.85 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 7 24,940 210.00 230.00 217.92 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 5 2,982 286.93 313.36 299.47 116A 3 Chuck, roll, lxl, neck/off 10 83,936 255.00 275.00 259.34 116B 1 Chuck, chuck tender (IM) 0 0 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 11 8,364 468.40 493.50 489.39 120 1 Brisket, deckle-off, bnls 6 37,223 271.50 290.32 274.10 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 5 19,813 310.00 342.50 315.57 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 3 6,972 225.00 247.00 233.46 168 1 Round, top inside round 168 3 Round, top inside round 3 3,782 211.50 222.25 217.06 169 5 Round, top inside, denuded 0 0 169A 5 Round, top inside, cap off 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 171C 3 Round, eye of round (IM) 3 11,530 223.00 224.65 223.34 174 3 Loin, short loin, 0x1 8 51,955 409.49 454.00 428.60 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 7 47,774 412.35 452.35 421.00 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 4 6,172 275.00 290.92 281.36 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 5 6,497 500.00 555.00 537.76 185B 1 Loin, ball-tip, bnls, heavy 6 48,263 230.37 284.03 238.16 185C 1 Loin, sirloin, tri-tip (IM) 6 17,919 245.00 290.75 254.34 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 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 121D 4 Plate, Inside Skirt (IM) 32 365,129 436.75 468.72 446.30 121C 4 Plate, Outside Skirt (IM) 121E 6 Outside Skirt, pld (IM) 8 10,796 814.63 846.70 820.38 Cap, Wedge Meat & (IM) Lean 11 49,920 260.00 290.24 264.21 Pectoral Meat 8 96,369 260.00 289.80 264.50 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 5 15,898 176.25 184.65 179.07 Ground Beef 75% Ground Beef 81% 21 130,361 190.24 215.24 198.88 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 6 23,218 275.00 303.09 279.39 Ground Beef Chuck 80% 4 67,022 190.00 207.46 196.08 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% 0 0 Blended Ground Beef 75% Blended Ground Beef 81% Blended Ground Beef 85% Blended Ground Beef 90% Blended Ground Beef 93% Blended Ground Beef Chuck 80% 0 0 Blended Ground Beef Round 85% Blended Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 11 298,378 91.00 106.54 94.30 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 .