LM_XB402 Des Moines, IA Thu, Jan 17, 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: 212.54 207.94 Change from prior day: 0.61 1.00 -------------------------------------------------------------------------------- Choice/Select spread: 4.60 Total Load Count (Cuts, Trimmings, Grinds): 75 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 343.72 323.59 Primal Chuck 174.20 174.23 Primal Round 168.77 169.97 Primal Loin 281.56 271.21 Primal Brisket 192.36 186.18 Primal Short Plate 156.58 156.58 Primal Flank 107.09 104.79 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 01/16 81 19 14 27 140 211.93 206.94 01/15 125 23 5 20 173 212.21 205.87 01/14 76 21 21 21 138 212.02 205.46 01/11 57 13 17 20 107 212.46 206.27 01/10 77 23 9 16 125 213.96 207.77 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 212.52 206.46 -------------------------------------------------------------------------------- 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 32.01 loads 1,280,230 pounds Select Cuts 13.46 loads 538,444 pounds Trimmings 6.05 loads 242,172 pounds Ground Beef 23.96 loads 958,450 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 23,730 600.00 676.50 631.10 112A 3 Rib, ribeye, bnls, light 11 20,240 730.00 790.00 764.26 112A 3 Rib, ribeye, bnls, heavy 15 39,766 720.00 756.25 732.46 113C 1 Chuck, semi-bnls, neck/off 6 46,453 219.44 231.25 223.94 114 1 Chuck, shoulder clod 4 9,572 186.25 200.00 192.17 114A 3 Chuck, shoulder clod, trmd 10 63,246 189.00 220.25 205.00 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 4 1,754 250.00 261.50 255.26 114F 5 Chuck, clod tender (IM) 5 3,428 401.11 436.00 420.08 116A 3 Chuck, roll, lxl, neck/off 24 75,342 285.00 314.00 292.38 116B 1 Chuck, chuck tender (IM) 8 24,007 225.00 240.75 230.16 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 4 14,127 545.51 581.08 578.60 120 1 Brisket, deckle-off, bnls 13 63,833 264.00 293.00 276.57 120A 3 Brisket, point/off, bnls 3 1,871 470.25 490.00 486.16 123A 3 Short Plate, short rib 7 26,833 550.00 681.00 574.11 130 4 Chuck, short rib 7 16,639 318.30 372.00 337.06 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 25 166,329 225.00 254.59 230.98 168 1 Round, top inside round 3 2,760 202.30 211.81 206.96 168 3 Round, top inside round 11 81,717 210.00 218.00 211.61 169 5 Round, top inside, denuded 8 36,302 237.00 256.25 246.66 169A 5 Round, top inside, cap off 3 5,129 279.00 303.00 280.58 3 Round, top inside, side off 170 1 Round, bottom gooseneck 171B 3 Round, outside round 18 144,252 204.15 222.25 207.86 171C 3 Round, eye of round (IM) 20 56,669 242.26 271.59 247.41 174 3 Loin, short loin, 0x1 8 11,346 481.25 531.50 492.48 175 3 Loin, strip loin, 1x1 4 27,231 418.75 461.75 426.05 1 Loin, strip loin bnls. 1x1 4 10,411 475.00 498.50 477.30 180 3 Loin, strip, bnls, 0x1 9 9,951 521.00 561.50 541.46 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 9 12,079 335.00 355.00 345.47 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 7 5,287 500.00 557.00 505.11 185B 1 Loin, ball-tip, bnls, heavy 6 19,222 245.67 260.00 251.53 185C 1 Loin, sirloin, tri-tip (IM) 4 10,060 290.00 315.00 305.38 185D 4 Loin, tri-tip, pld (IM) 7 13,177 375.32 431.00 398.29 189A 4 Loin, tndrloin, trmd, heavy 17 70,059 1013.00 1075.00 1029.27 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 11 31,937 455.00 496.00 463.51 -------------------------------------------------------------------------------- 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 112A 3 Rib, ribeye, bnls, light 6 9,754 650.00 712.25 674.49 112A 3 Rib, ribeye, bnls, heavy 5 6,113 661.96 686.75 668.12 113C 1 Chuck, semi-bnls, neck/off 4 14,634 223.55 234.00 226.11 114 1 Chuck, shoulder clod 3 9,838 186.25 205.25 189.82 114A 3 Chuck, shoulder clod, trmd 6 13,006 205.00 221.25 211.07 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 58,335 279.80 300.00 282.66 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 10 169,561 264.12 280.00 265.68 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 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 30,821 238.00 240.90 240.28 168 1 Round, top inside round 168 3 Round, top inside round 3 11,405 215.00 218.00 216.17 169 5 Round, top inside, denuded 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 7 10,491 201.30 211.25 206.12 171C 3 Round, eye of round (IM) 4 3,315 247.30 250.25 249.24 174 3 Loin, short loin, 0x1 7 6,899 460.25 480.00 464.28 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 7 29,656 460.96 505.84 492.27 184 1 Loin, top butt, bnls, heavy 8 10,617 328.30 361.74 347.40 184 3 Loin, top butt, boneless 5 5,743 345.75 351.00 349.29 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) 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 4 25,049 128.00 140.00 131.83 121D 4 Plate, Inside Skirt (IM) 6 7,076 508.00 525.00 512.56 121C 4 Plate, Outside Skirt (IM) 15 18,745 580.00 696.00 657.05 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 14 90,218 297.00 310.00 300.69 Pectoral Meat 19 86,100 280.69 336.00 300.16 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 16 185,241 155.00 174.50 162.81 Ground Beef 75% Ground Beef 81% 22 65,489 175.00 192.00 183.16 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 6 11,983 291.00 308.60 296.15 Ground Beef Chuck 80% 10 42,205 195.00 209.60 199.83 Ground Beef Round 85% 8 30,353 240.00 260.60 249.91 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% Blended Ground Beef 81% Blended Ground Beef 85% 0 0 Blended Ground Beef 90% 0 0 Blended Ground Beef 93% 0 0 Blended Ground Beef Chuck 80% 0 0 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 10 242,172 56.00 66.75 62.06 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 .