LM_XB402 Des Moines, IA Fri, Mar 08, 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: 226.44 218.93 Change from prior day: 0.40 0.39 -------------------------------------------------------------------------------- Choice/Select spread: 7.51 Total Load Count (Cuts, Trimmings, Grinds): 69 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 372.62 341.11 Primal Chuck 178.13 177.42 Primal Round 183.08 185.77 Primal Loin 306.97 288.00 Primal Brisket 194.87 190.44 Primal Short Plate 161.06 161.06 Primal Flank 119.21 117.49 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 03/07 51 23 6 24 106 226.04 218.54 03/06 70 16 4 43 133 224.93 218.37 03/05 78 18 5 14 115 224.04 217.79 03/04 41 13 5 21 79 223.55 217.21 03/01 34 15 8 19 75 221.29 216.79 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 223.97 217.74 -------------------------------------------------------------------------------- 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 52.12 loads 2,084,604 pounds Select Cuts 6.91 loads 276,489 pounds Trimmings 0.00 loads 0 pounds Ground Beef 10.41 loads 416,253 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 23 219,581 697.25 731.50 700.39 112A 3 Rib, ribeye, bnls, light 3 2,179 831.00 850.00 840.34 112A 3 Rib, ribeye, bnls, heavy 17 26,326 772.00 839.00 800.81 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 10 67,215 209.00 229.00 221.96 114A 3 Chuck, shoulder clod, trmd 4 13,727 220.11 235.50 226.13 114D 3 Chuck, clod, top blade 4 86,303 355.00 365.00 364.79 114E 3 Chuck, clod, arm roast 16 36,525 290.25 320.00 297.81 114F 5 Chuck, clod tender (IM) 5 9,487 510.00 520.00 519.77 116A 3 Chuck, roll, lxl, neck/off 8 11,014 273.94 285.50 283.68 116B 1 Chuck, chuck tender (IM) 10 23,517 248.25 259.00 250.85 3 Chuck roll, retail ready 7 42,572 296.57 303.00 299.21 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 19 258,800 271.69 299.00 275.81 120A 3 Brisket, point/off, bnls 3 3,107 460.00 470.00 463.74 123A 3 Short Plate, short rib 7 10,208 570.00 582.25 579.65 130 4 Chuck, short rib 6 9,523 300.71 344.43 331.50 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 38 143,960 261.25 284.00 265.56 168 1 Round, top inside round 8 162,475 215.00 245.00 215.13 168 3 Round, top inside round 18 110,942 219.27 248.00 222.06 169 5 Round, top inside, denuded 16 86,105 249.27 284.00 256.46 169A 5 Round, top inside, cap off 7 69,729 285.14 315.00 290.53 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 5 8,046 245.00 259.00 247.41 171C 3 Round, eye of round (IM) 18 99,251 245.00 286.50 265.71 174 3 Loin, short loin, 0x1 24 233,793 549.87 626.50 572.67 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 3 5,347 592.00 592.00 592.00 180 3 Loin, strip, bnls, 0x1 12 28,575 637.00 665.25 651.79 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 23 108,298 350.00 364.84 355.97 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 6 10,727 281.70 295.25 291.05 185C 1 Loin, sirloin, tri-tip (IM) 3 4,306 318.00 330.95 319.73 185D 4 Loin, tri-tip, pld (IM) 3 1,214 444.00 495.00 467.11 189A 4 Loin, tndrloin, trmd, heavy 13 29,689 1015.00 1075.95 1034.95 191A 4 Loin, butt tender, trimmed 5 3,560 905.57 1000.00 916.77 193 4 Flank, flank steak (IM) 4 2,272 510.64 519.00 517.34 -------------------------------------------------------------------------------- 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 3 12,585 690.00 698.94 690.17 112A 3 Rib, ribeye, bnls, heavy 3 6,459 698.94 733.68 719.62 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 0 0 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 24,635 268.94 274.27 273.16 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 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 168 1 Round, top inside round 0 0 168 3 Round, top inside round 4 5,023 220.99 235.50 227.84 169 5 Round, top inside, denuded 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 171C 3 Round, eye of round (IM) 174 3 Loin, short loin, 0x1 4 19,619 502.00 529.84 522.00 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 6 4,147 530.00 561.50 546.32 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 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) 189A 4 Loin, tndrloin, trmd, heavy 4 2,232 1030.00 1087.25 1042.18 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 121D 4 Plate, Inside Skirt (IM) 21 115,853 430.00 460.00 447.83 121C 4 Plate, Outside Skirt (IM) 10 15,487 687.59 740.00 713.35 121E 6 Outside Skirt, pld (IM) 0 0 Cap, Wedge Meat & (IM) Lean 14 107,476 308.00 325.00 319.42 Pectoral Meat 8 19,203 312.17 333.50 319.87 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 6 49,171 169.00 190.12 180.99 Ground Beef 75% 0 0 Ground Beef 81% 13 81,275 171.49 210.00 190.04 Ground Beef 85% 0 0 Ground Beef 90% 0 0 Ground Beef 93% Ground Beef Chuck 80% 0 0 Ground Beef Round 85% 0 0 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% 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 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 .