LM_XB402 Des Moines, IA Fri, Jan 17, 2020 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: 213.99 213.45 Change from prior day: 1.09 1.98 -------------------------------------------------------------------------------- Choice/Select spread: 0.54 Total Load Count (Cuts, Trimmings, Grinds): 60 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 335.60 332.69 Primal Chuck 175.33 177.75 Primal Round 182.08 182.39 Primal Loin 275.37 271.02 Primal Brisket 194.65 193.78 Primal Short Plate 155.30 155.30 Primal Flank 118.03 117.30 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 01/16 76 18 9 12 115 212.90 211.47 01/15 111 17 8 27 163 212.53 209.67 01/14 69 14 9 28 120 212.76 210.30 01/13 61 13 7 36 118 210.55 208.23 01/10 90 22 13 21 146 210.04 206.55 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 211.76 209.25 -------------------------------------------------------------------------------- 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 38.90 loads 1,555,883 pounds Select Cuts 5.14 loads 205,554 pounds Trimmings 9.82 loads 392,935 pounds Ground Beef 6.60 loads 264,104 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 10 71,471 630.00 669.00 633.38 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 10 18,783 710.75 742.00 721.80 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 13 55,509 220.32 239.55 225.62 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender (IM) 4 2,160 390.00 420.00 404.35 116A 3 Chuck, roll, lxl, neck/off 19 180,555 265.75 291.00 271.25 116B 1 Chuck, chuck tender (IM) 9 46,478 257.00 289.00 259.37 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 11 58,970 270.80 296.50 275.55 120A 3 Brisket, point/off, bnls 4 4,913 430.00 465.00 436.03 123A 3 Short Plate, short rib 6 19,007 481.00 571.50 548.56 130 4 Chuck, short rib 5 10,323 334.00 361.50 343.67 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 15 74,986 237.25 274.00 261.72 168 1 Round, top inside round 5 29,435 225.00 227.75 226.38 168 3 Round, top inside round 18 250,791 217.36 240.75 219.03 169 5 Round, top inside, denuded 5 36,709 249.00 278.00 250.96 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 15 86,285 228.00 244.00 234.65 171C 3 Round, eye of round (IM) 16 64,791 260.50 281.50 275.68 174 3 Loin, short loin, 0x1 8 9,594 500.00 567.00 543.42 175 3 Loin, strip loin, 1x1 8 144,924 435.00 475.00 455.73 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 7 48,538 515.00 533.25 519.77 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 10 17,932 287.00 309.00 304.93 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 6 7,720 500.00 505.00 502.97 185B 1 Loin, ball-tip, bnls, heavy 7 113,600 241.15 262.00 249.78 185C 1 Loin, sirloin, tri-tip (IM) 5 3,123 295.00 325.25 313.23 185D 4 Loin, tri-tip, pld (IM) 4 7,208 430.50 443.55 434.10 189A 4 Loin, tndrloin, trmd, heavy 8 54,878 1000.00 1060.00 1003.08 191A 4 Loin, butt tender, trimmed 3 1,264 998.38 1011.55 1001.94 193 4 Flank, flank steak (IM) 12 17,775 485.90 521.75 497.16 -------------------------------------------------------------------------------- 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 112A 3 Rib, ribeye, bnls, heavy 5 3,346 710.00 735.25 725.42 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 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 5,236 350.00 420.75 372.89 116A 3 Chuck, roll, lxl, neck/off 5 10,768 267.00 277.00 271.10 116B 1 Chuck, chuck tender (IM) 4 2,245 260.00 275.00 267.63 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 0 0 120 1 Brisket, deckle-off, bnls 3 4,290 267.00 277.00 275.08 120A 3 Brisket, point/off, bnls 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 5 35,662 217.66 230.00 221.70 169 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 0 0 171B 3 Round, outside round 5 15,791 238.00 242.00 238.53 171C 3 Round, eye of round (IM) 174 3 Loin, short loin, 0x1 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 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 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 0 0 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 3 7,406 140.00 140.00 140.00 121D 4 Plate, Inside Skirt (IM) 6 20,724 425.00 451.00 427.08 121C 4 Plate, Outside Skirt (IM) 12 19,539 585.00 665.50 605.25 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 6 6,292 250.00 266.00 250.43 Pectoral Meat 11 51,617 240.41 274.00 247.94 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% Ground Beef 75% Ground Beef 81% 12 83,723 190.00 205.00 195.86 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% Ground Beef Chuck 80% Ground Beef Round 85% 0 0 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% Blended Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 13 392,935 73.00 77.50 74.41 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 .