LM_XB402 Des Moines, IA Thu, Jan 24, 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: 217.87 212.70 Change from prior day: 0.66 0.66 -------------------------------------------------------------------------------- Choice/Select spread: 5.17 Total Load Count (Cuts, Trimmings, Grinds): 53 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 349.54 327.53 Primal Chuck 179.21 179.59 Primal Round 176.57 176.82 Primal Loin 288.35 276.74 Primal Brisket 192.01 185.09 Primal Short Plate 156.70 156.70 Primal Flank 107.31 106.82 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 01/23 64 20 16 34 134 217.21 212.04 01/22 46 29 5 14 94 216.34 211.72 01/21 52 16 8 19 94 215.26 210.86 01/18 38 13 17 29 96 213.15 209.45 01/17 55 25 8 41 129 212.50 207.64 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 214.89 210.34 -------------------------------------------------------------------------------- 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 16.18 loads 647,115 pounds Select Cuts 8.86 loads 354,226 pounds Trimmings 11.05 loads 442,012 pounds Ground Beef 16.57 loads 662,932 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 7 6,942 649.50 684.00 672.50 112A 3 Rib, ribeye, bnls, light 8 39,958 765.00 790.00 767.68 112A 3 Rib, ribeye, bnls, heavy 15 24,093 725.00 759.75 741.39 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 5 7,600 199.79 215.00 203.74 114A 3 Chuck, shoulder clod, trmd 3 28,348 209.98 216.37 210.68 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 3 2,769 261.35 265.00 264.22 114F 5 Chuck, clod tender (IM) 116A 3 Chuck, roll, lxl, neck/off 10 19,294 290.00 312.00 292.49 116B 1 Chuck, chuck tender (IM) 16 68,847 223.00 235.04 234.20 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 3 15,506 505.00 580.77 514.95 120 1 Brisket, deckle-off, bnls 12 24,352 268.89 295.00 275.33 120A 3 Brisket, point/off, bnls 5 6,395 475.00 514.50 487.54 123A 3 Short Plate, short rib 5 13,189 533.37 575.00 571.33 130 4 Chuck, short rib 6 22,383 312.83 372.00 324.83 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 12 22,424 236.70 262.29 242.22 168 1 Round, top inside round 11 20,959 213.89 221.50 216.14 168 3 Round, top inside round 6 12,983 220.00 237.00 224.15 169 5 Round, top inside, denuded 5 4,336 252.00 265.00 261.60 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 11 44,386 214.00 222.00 218.77 171C 3 Round, eye of round (IM) 19 52,832 253.24 274.29 256.22 174 3 Loin, short loin, 0x1 8 10,360 485.29 524.62 498.01 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 7 61,342 525.00 567.00 540.58 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 4 2,378 350.00 368.00 358.63 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 7 15,400 520.00 549.39 527.62 185B 1 Loin, ball-tip, bnls, heavy 3 10,249 252.52 270.00 260.26 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 4 5,351 410.00 443.20 435.09 189A 4 Loin, tndrloin, trmd, heavy 6 3,589 1025.00 1092.00 1038.15 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 5 3,452 474.96 490.00 487.26 -------------------------------------------------------------------------------- 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 3,867 608.98 630.00 613.77 112A 3 Rib, ribeye, bnls, light 0 0 112A 3 Rib, ribeye, bnls, heavy 4 10,314 684.50 690.00 685.03 113C 1 Chuck, semi-bnls, neck/off 3 3,391 226.30 230.00 227.78 114 1 Chuck, shoulder clod 3 119,768 193.61 194.12 193.95 114A 3 Chuck, shoulder clod, trmd 0 0 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 0 0 116A 3 Chuck, roll, lxl, neck/off 5 8,483 289.50 305.00 298.54 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 5 3,864 483.37 548.55 511.31 120 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 4 8,363 235.00 248.00 245.85 168 1 Round, top inside round 168 3 Round, top inside round 4 4,759 223.08 227.00 225.35 169 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 0 0 171B 3 Round, outside round 8 11,239 201.43 225.00 216.64 171C 3 Round, eye of round (IM) 5 5,236 251.68 264.31 256.59 174 3 Loin, short loin, 0x1 3 1,574 480.00 500.00 485.71 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 184 1 Loin, top butt, bnls, heavy 3 3,787 345.00 360.00 357.31 184 3 Loin, top butt, boneless 3 1,344 344.50 360.00 352.04 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 28,173 243.85 270.00 263.66 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 3 4,360 458.00 469.50 459.72 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 4 19,950 123.01 140.00 128.11 121D 4 Plate, Inside Skirt (IM) 5 14,013 507.00 530.00 509.61 121C 4 Plate, Outside Skirt (IM) 7 14,806 660.00 691.20 680.31 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 11 63,512 299.00 320.00 307.29 Pectoral Meat 7 30,860 299.50 323.00 305.36 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 4 5,967 176.00 187.00 184.20 Ground Beef 75% 0 0 Ground Beef 81% 5 4,749 190.36 205.00 200.44 Ground Beef 85% 0 0 Ground Beef 90% 0 0 Ground Beef 93% Ground Beef Chuck 80% 9 128,083 190.36 210.00 197.86 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% Blended Ground Beef 93% 0 0 Blended Ground Beef Chuck 80% 0 0 Blended Ground Beef Round 85% Blended Ground Beef Sirloin 90% -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 14 442,012 51.00 67.00 53.40 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 .