LM_XB402 Des Moines, IA Thu, Mar 07, 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: 225.61 218.58 Change from prior day: 0.68 0.21 -------------------------------------------------------------------------------- Choice/Select spread: 7.03 Total Load Count (Cuts, Trimmings, Grinds): 65 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 369.35 343.24 Primal Chuck 176.35 175.45 Primal Round 183.03 184.29 Primal Loin 307.38 289.72 Primal Brisket 194.30 189.47 Primal Short Plate 161.49 161.49 Primal Flank 118.82 116.66 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 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 02/28 64 24 8 40 136 219.95 215.27 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 222.75 217.08 -------------------------------------------------------------------------------- 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 28.25 loads 1,130,081 pounds Select Cuts 15.00 loads 600,111 pounds Trimmings 7.26 loads 290,537 pounds Ground Beef 14.68 loads 587,040 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 7,760 674.75 730.00 715.98 112A 3 Rib, ribeye, bnls, light 14 93,846 790.00 845.00 802.66 112A 3 Rib, ribeye, bnls, heavy 12 11,271 794.00 830.00 808.99 113C 1 Chuck, semi-bnls, neck/off 3 14,188 236.25 241.50 237.86 114 1 Chuck, shoulder clod 11 101,535 207.56 231.25 221.56 114A 3 Chuck, shoulder clod, trmd 4 19,169 221.19 233.60 226.27 114D 3 Chuck, clod, top blade 5 12,656 350.00 365.19 359.36 114E 3 Chuck, clod, arm roast 4 2,914 297.25 305.00 301.75 114F 5 Chuck, clod tender (IM) 11 24,718 490.75 527.65 503.60 116A 3 Chuck, roll, lxl, neck/off 15 216,120 266.00 299.93 267.42 116B 1 Chuck, chuck tender (IM) 12 74,104 240.29 254.80 244.84 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 8 7,841 548.00 563.82 558.69 120 1 Brisket, deckle-off, bnls 21 37,405 275.00 290.00 281.11 120A 3 Brisket, point/off, bnls 3 3,524 460.00 470.00 467.81 123A 3 Short Plate, short rib 8 1,716 570.00 576.50 571.85 130 4 Chuck, short rib 6 18,913 330.19 370.00 340.64 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 8 23,317 259.00 275.50 268.38 168 1 Round, top inside round 168 3 Round, top inside round 8 102,044 225.00 232.25 225.32 169 5 Round, top inside, denuded 8 42,313 251.42 270.00 257.07 169A 5 Round, top inside, cap off 4 18,249 275.00 308.58 277.80 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 8 31,351 237.00 250.00 241.97 171C 3 Round, eye of round (IM) 15 27,353 270.00 293.21 277.23 174 3 Loin, short loin, 0x1 7 11,797 558.00 583.00 568.16 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 9 13,485 646.00 656.25 649.66 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 8 22,502 348.00 375.75 356.68 184B 3 Loin, top butt, CC (IM) 3 24,621 466.13 490.76 470.56 185A 4 Loin, bottom sirloin, flap 10 12,931 510.00 550.00 516.78 185B 1 Loin, ball-tip, bnls, heavy 8 13,411 280.78 301.25 284.09 185C 1 Loin, sirloin, tri-tip (IM) 6 18,304 312.00 361.50 319.75 185D 4 Loin, tri-tip, pld (IM) 6 4,466 465.00 493.55 471.47 189A 4 Loin, tndrloin, trmd, heavy 8 13,728 1010.00 1030.10 1028.96 191A 4 Loin, butt tender, trimmed 4 17,920 895.00 904.00 897.45 193 4 Flank, flank steak (IM) 5 11,737 505.00 519.00 508.24 -------------------------------------------------------------------------------- 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 14 17,003 711.87 724.61 716.03 112A 3 Rib, ribeye, bnls, heavy 10 10,690 715.75 748.43 729.18 113C 1 Chuck, semi-bnls, neck/off 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 11 76,283 266.29 285.00 276.03 116B 1 Chuck, chuck tender (IM) 4 11,287 242.56 260.00 246.48 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 6 5,043 491.25 545.19 502.70 120 1 Brisket, deckle-off, bnls 3 29,951 265.00 268.00 267.51 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 3 1,850 293.25 380.00 350.82 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 168 1 Round, top inside round 168 3 Round, top inside round 10 31,819 208.53 237.00 218.73 169 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 171B 3 Round, outside round 5 6,313 241.25 255.00 253.97 171C 3 Round, eye of round (IM) 4 10,304 271.56 280.00 276.72 174 3 Loin, short loin, 0x1 7 8,163 529.00 568.43 550.17 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 7 5,440 528.53 546.00 533.76 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 3 1,626 360.75 366.00 363.70 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 7 197,918 250.93 279.50 253.88 185C 1 Loin, sirloin, tri-tip (IM) 3 8,054 280.75 285.00 284.26 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 5 3,116 1000.00 1030.00 1018.71 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 5 22,712 128.76 140.00 132.83 121D 4 Plate, Inside Skirt (IM) 9 24,448 442.00 504.00 460.46 121C 4 Plate, Outside Skirt (IM) 20 24,329 640.00 781.50 726.57 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 15 40,902 305.00 319.80 312.31 Pectoral Meat 9 25,723 310.89 341.37 318.18 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 9 37,998 164.81 181.50 174.07 Ground Beef 75% Ground Beef 81% 18 110,756 181.75 207.35 195.87 Ground Beef 85% 0 0 Ground Beef 90% Ground Beef 93% 3 6,864 296.00 308.51 296.83 Ground Beef Chuck 80% 9 34,905 191.00 210.78 200.61 Ground Beef Round 85% 3 10,852 251.00 265.00 255.38 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% 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 8 248,907 73.25 78.00 74.86 Frozen 50% lean trimmings -------------------------------------------------------------------------------- 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 .