LM_XB402 Des Moines, IA Thu, Apr 04, 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: 226.83 218.50 Change from prior day: 0.69 (0.47) -------------------------------------------------------------------------------- Choice/Select spread: 8.33 Total Load Count (Cuts, Trimmings, Grinds): 53 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 377.70 351.10 Primal Chuck 177.66 177.91 Primal Round 177.91 178.71 Primal Loin 309.10 283.98 Primal Brisket 191.57 187.59 Primal Short Plate 171.02 171.02 Primal Flank 122.28 121.91 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/03 82 19 5 36 141 226.14 218.97 04/02 107 15 5 13 141 225.73 218.49 04/01 46 14 8 17 85 226.84 219.33 03/29 51 24 8 9 92 226.04 218.89 03/28 62 14 5 6 87 227.44 219.52 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 226.44 219.04 -------------------------------------------------------------------------------- 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 31.04 loads 1,241,656 pounds Select Cuts 6.08 loads 243,375 pounds Trimmings 3.97 loads 158,779 pounds Ground Beef 11.54 loads 461,622 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 6 5,917 694.91 749.00 725.08 112A 3 Rib, ribeye, bnls, light 4 34,976 796.21 806.50 803.43 112A 3 Rib, ribeye, bnls, heavy 22 89,744 802.30 830.00 809.79 113C 1 Chuck, semi-bnls, neck/off 6 8,827 231.63 256.25 239.70 114 1 Chuck, shoulder clod 3 6,682 219.00 231.25 222.28 114A 3 Chuck, shoulder clod, trmd 11 27,962 223.63 242.53 233.95 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 3 4,923 270.00 270.00 270.00 114F 5 Chuck, clod tender (IM) 8 7,277 550.00 554.61 550.07 116A 3 Chuck, roll, lxl, neck/off 22 157,229 261.25 280.00 263.35 116B 1 Chuck, chuck tender (IM) 11 61,582 248.00 265.00 249.23 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 7 19,564 542.87 598.56 561.28 120 1 Brisket, deckle-off, bnls 20 66,329 261.25 285.00 270.90 120A 3 Brisket, point/off, bnls 7 8,170 463.00 465.75 464.50 123A 3 Short Plate, short rib 7 8,016 566.25 581.00 570.28 130 4 Chuck, short rib 9 10,785 337.00 356.00 343.27 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 18 56,524 250.00 281.25 262.72 168 1 Round, top inside round 4 3,989 225.00 225.00 225.00 168 3 Round, top inside round 12 46,175 221.00 238.00 226.53 169 5 Round, top inside, denuded 3 10,742 253.70 277.00 261.75 169A 5 Round, top inside, cap off 5 11,621 283.72 309.67 293.31 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 15 166,399 204.71 220.00 210.06 171C 3 Round, eye of round (IM) 27 110,811 235.00 266.50 240.47 174 3 Loin, short loin, 0x1 10 92,213 541.52 590.00 546.88 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 13 16,031 710.00 730.00 715.24 184 1 Loin, top butt, bnls, heavy 4 2,469 345.00 345.00 345.00 184 3 Loin, top butt, boneless 12 22,558 360.63 386.00 369.29 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 10 12,753 526.00 610.00 553.54 185B 1 Loin, ball-tip, bnls, heavy 4 23,023 256.30 270.75 258.45 185C 1 Loin, sirloin, tri-tip (IM) 8 30,030 325.69 366.75 330.27 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 15 70,425 955.00 1117.00 970.01 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 5 2,069 521.25 549.25 534.81 -------------------------------------------------------------------------------- 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 5 5,603 635.75 684.00 656.49 112A 3 Rib, ribeye, bnls, light 4 2,769 752.25 760.00 755.55 112A 3 Rib, ribeye, bnls, heavy 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 0 0 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) 3 4,889 464.58 550.00 490.86 116A 3 Chuck, roll, lxl, neck/off 7 12,132 257.00 280.00 264.30 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 4 2,342 500.00 546.39 535.40 120 1 Brisket, deckle-off, bnls 5 7,277 267.00 274.67 268.43 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 3 3,614 270.10 276.25 273.45 168 1 Round, top inside round 168 3 Round, top inside round 7 17,553 220.00 230.00 225.48 169 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 6 12,667 206.00 225.00 212.00 171C 3 Round, eye of round (IM) 3 1,944 240.00 258.89 249.28 174 3 Loin, short loin, 0x1 5 6,826 503.85 505.00 504.12 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 6 44,026 500.00 534.63 502.89 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 3 4,975 349.25 363.89 350.37 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) 3 1,479 307.00 325.00 319.62 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 6 4,384 977.00 998.89 980.55 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 4 2,339 140.00 176.63 160.26 121D 4 Plate, Inside Skirt (IM) 16 51,249 431.80 479.00 461.26 121C 4 Plate, Outside Skirt (IM) 9 11,737 740.80 841.00 779.71 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 15 29,831 303.30 329.00 312.07 Pectoral Meat 3 14,498 319.74 335.00 319.99 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 7 21,829 176.00 200.75 182.00 Ground Beef 75% Ground Beef 81% 27 109,116 191.25 227.00 200.68 Ground Beef 85% 0 0 Ground Beef 90% Ground Beef 93% 8 5,209 297.33 311.66 303.93 Ground Beef Chuck 80% 13 177,171 189.00 220.50 197.61 Ground Beef Round 85% 5 9,401 255.00 258.75 258.20 Ground Beef Sirloin 90% -------------------------------------------------------------------------------- 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% 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 6 158,779 80.90 84.97 83.68 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 .