LM_XB402 Des Moines, IA Fri, Feb 01, 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: 214.07 213.18 Change from prior day: (1.32) 0.30 -------------------------------------------------------------------------------- Choice/Select spread: 0.89 Total Load Count (Cuts, Trimmings, Grinds): 35 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 338.42 334.70 Primal Chuck 174.58 172.71 Primal Round 176.84 177.21 Primal Loin 283.69 283.40 Primal Brisket 184.05 186.28 Primal Short Plate 157.57 157.57 Primal Flank 110.36 109.09 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 01/31 90 13 17 20 139 215.39 212.88 01/30 66 23 16 27 133 218.05 213.00 01/29 69 18 10 16 114 218.13 212.57 01/28 71 17 14 18 121 217.40 211.61 01/25 52 14 7 25 97 217.01 212.03 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 217.20 212.42 -------------------------------------------------------------------------------- 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 23.40 loads 935,906 pounds Select Cuts 3.36 loads 134,394 pounds Trimmings 0.00 loads 0 pounds Ground Beef 7.76 loads 310,589 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 4 1,990 670.76 706.50 686.44 112A 3 Rib, ribeye, bnls, light 3 1,394 790.00 814.00 803.87 112A 3 Rib, ribeye, bnls, heavy 11 20,212 747.00 785.00 758.06 113C 1 Chuck, semi-bnls, neck/off 4 14,390 226.70 242.99 239.52 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 9 40,981 216.75 231.37 220.07 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 5 9,243 265.00 281.50 277.37 114F 5 Chuck, clod tender (IM) 7 9,567 440.00 450.00 442.45 116A 3 Chuck, roll, lxl, neck/off 12 51,088 276.25 303.55 286.21 116B 1 Chuck, chuck tender (IM) 20 78,725 225.00 246.26 237.20 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 15 28,397 268.00 295.50 277.12 120A 3 Brisket, point/off, bnls 6 16,859 440.00 470.00 443.99 123A 3 Short Plate, short rib 8 23,275 499.68 625.00 552.97 130 4 Chuck, short rib 8 15,108 326.90 360.25 334.84 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 23 107,346 235.00 257.25 243.44 168 1 Round, top inside round 5 5,990 218.00 225.35 221.64 168 3 Round, top inside round 12 58,736 223.00 232.99 225.41 169 5 Round, top inside, denuded 9 36,624 252.95 272.25 253.97 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 15 55,525 214.70 237.99 222.42 171C 3 Round, eye of round (IM) 17 31,571 253.95 270.00 259.24 174 3 Loin, short loin, 0x1 6 2,107 524.50 540.00 534.86 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 18 115,160 533.90 555.00 535.79 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 8 40,867 355.00 365.00 358.28 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 9 27,171 520.00 570.00 541.95 185B 1 Loin, ball-tip, bnls, heavy 4 42,448 270.00 270.00 270.00 185C 1 Loin, sirloin, tri-tip (IM) 4 1,074 310.35 327.25 314.42 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 16 26,761 1039.50 1156.50 1067.52 191A 4 Loin, butt tender, trimmed 3 2,396 960.55 1000.00 964.85 193 4 Flank, flank steak (IM) 3 2,501 482.00 506.50 485.56 -------------------------------------------------------------------------------- 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 0 0 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 4 2,584 694.50 720.00 714.11 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 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) 116A 3 Chuck, roll, lxl, neck/off 4 7,041 279.70 285.75 283.56 116B 1 Chuck, chuck tender (IM) 4 9,016 228.00 249.00 238.10 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 123A 3 Short Plate, short rib 0 0 130 4 Chuck, short rib 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 168 1 Round, top inside round 0 0 168 3 Round, top inside round 3 3,217 224.50 229.50 226.74 169 5 Round, top inside, denuded 0 0 169A 5 Round, top inside, cap off 0 0 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 0 0 171B 3 Round, outside round 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 184 3 Loin, top butt, boneless 4 5,805 351.50 369.37 357.08 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 3 15,513 509.50 541.50 513.40 185B 1 Loin, ball-tip, bnls, heavy 0 0 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 0 0 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) 3 9,226 516.75 530.00 524.97 121C 4 Plate, Outside Skirt (IM) 6 7,244 610.00 701.75 655.56 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 7 13,442 307.00 325.00 308.65 Pectoral Meat 4 1,008 304.50 321.50 307.55 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 8 126,614 158.00 180.70 164.84 Ground Beef 75% 0 0 Ground Beef 81% 9 27,080 183.00 200.00 188.49 Ground Beef 85% 0 0 Ground Beef 90% 0 0 Ground Beef 93% 0 0 Ground Beef Chuck 80% 6 68,462 192.00 199.75 194.18 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% 0 0 Blended Ground Beef 90% Blended Ground Beef 93% 0 0 Blended Ground Beef Chuck 80% 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 0 0 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 .