LM_XB402 Des Moines, IA Thu, Jan 31, 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: 216.01 212.51 Change from prior day: (2.04) (0.49) -------------------------------------------------------------------------------- Choice/Select spread: 3.50 Total Load Count (Cuts, Trimmings, Grinds): 88 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 339.50 328.24 Primal Chuck 177.09 175.96 Primal Round 177.40 176.26 Primal Loin 287.67 280.75 Primal Brisket 185.79 184.10 Primal Short Plate 157.68 157.68 Primal Flank 110.62 108.54 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 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 01/24 74 16 12 22 124 217.75 212.14 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 217.67 212.27 -------------------------------------------------------------------------------- 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 55.86 loads 2,234,321 pounds Select Cuts 5.75 loads 229,886 pounds Trimmings 10.44 loads 417,703 pounds Ground Beef 15.93 loads 637,082 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 21 646,993 613.00 706.50 613.91 112A 3 Rib, ribeye, bnls, light 8 17,464 770.00 810.25 782.33 112A 3 Rib, ribeye, bnls, heavy 12 18,626 742.00 784.15 753.40 113C 1 Chuck, semi-bnls, neck/off 4 11,619 224.17 248.00 226.69 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 8 64,965 210.10 232.00 218.42 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender (IM) 5 2,038 430.00 440.25 433.51 116A 3 Chuck, roll, lxl, neck/off 12 16,452 278.70 308.00 289.80 116B 1 Chuck, chuck tender (IM) 15 33,496 221.55 240.70 235.15 3 Chuck roll, retail ready 3 9,032 318.73 331.63 327.14 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 16 104,157 257.85 285.00 267.30 120A 3 Brisket, point/off, bnls 4 4,308 470.00 490.00 471.57 123A 3 Short Plate, short rib 8 23,225 470.00 575.00 525.72 130 4 Chuck, short rib 160 1 Round, bone-in 0 0 161 1 Round, boneless 167A 4 Round, knuckle, peeled 19 35,443 235.00 268.00 246.54 168 1 Round, top inside round 8 21,987 218.00 223.96 220.61 168 3 Round, top inside round 15 186,593 217.00 238.00 225.81 169 5 Round, top inside, denuded 5 25,363 248.82 274.00 253.11 169A 5 Round, top inside, cap off 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 9 31,091 216.25 226.50 222.96 171C 3 Round, eye of round (IM) 10 123,462 258.89 267.31 266.29 174 3 Loin, short loin, 0x1 10 18,766 497.24 521.00 502.56 175 3 Loin, strip loin, 1x1 11 419,376 423.00 461.05 425.01 1 Loin, strip loin bnls. 1x1 3 1,994 491.00 491.00 491.00 180 3 Loin, strip, bnls, 0x1 8 66,930 540.00 563.90 550.15 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 3 5,275 354.25 365.00 356.90 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 8 60,042 515.24 547.00 521.58 185B 1 Loin, ball-tip, bnls, heavy 5 56,783 260.00 275.95 271.14 185C 1 Loin, sirloin, tri-tip (IM) 4 1,844 301.94 322.00 308.91 185D 4 Loin, tri-tip, pld (IM) 3 2,958 425.00 445.00 430.92 189A 4 Loin, tndrloin, trmd, heavy 10 85,231 1001.39 1068.37 1013.31 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 9 10,389 482.75 508.00 489.45 -------------------------------------------------------------------------------- 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 0 0 112A 3 Rib, ribeye, bnls, heavy 5 3,021 675.00 721.50 692.25 113C 1 Chuck, semi-bnls, neck/off 3 7,170 224.00 240.00 229.72 114 1 Chuck, shoulder clod 4 9,465 205.00 215.00 205.70 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 5 4,624 279.00 300.00 286.03 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 3 2,755 479.69 500.00 495.20 120 1 Brisket, deckle-off, bnls 4 35,044 267.00 285.00 267.29 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 0 0 130 4 Chuck, short rib 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 168 1 Round, top inside round 168 3 Round, top inside round 0 0 169 5 Round, top inside, denuded 0 0 169A 5 Round, top inside, cap off 3 1,569 298.00 298.00 298.00 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 0 0 171B 3 Round, outside round 4 6,491 216.30 221.74 219.84 171C 3 Round, eye of round (IM) 6 5,983 259.30 275.00 264.97 174 3 Loin, short loin, 0x1 4 1,102 490.00 505.00 494.96 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 7 23,294 481.63 543.26 493.81 184 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) 0 0 189A 4 Loin, tndrloin, trmd, heavy 4 2,862 1040.00 1069.37 1061.72 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) 9 18,472 499.18 531.00 511.26 121C 4 Plate, Outside Skirt (IM) 8 16,247 683.00 711.00 688.30 121E 6 Outside Skirt, pld (IM) 3 12,019 925.62 1030.00 942.62 Cap, Wedge Meat & (IM) Lean 12 27,374 303.00 315.00 308.20 Pectoral Meat 10 58,467 305.84 330.00 310.72 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 4 44,266 162.00 186.50 173.70 Ground Beef 75% 0 0 Ground Beef 81% 14 76,790 181.80 206.50 191.53 Ground Beef 85% 0 0 Ground Beef 90% Ground Beef 93% Ground Beef Chuck 80% 11 217,109 186.35 216.50 190.60 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% 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 16 417,703 48.00 62.11 54.86 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 .