LM_XB402 Des Moines, IA Fri, Apr 05, 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: 226.73 219.74 Change from prior day: (0.01) 1.38 -------------------------------------------------------------------------------- Choice/Select spread: 6.99 Total Load Count (Cuts, Trimmings, Grinds): 94 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 378.05 354.19 Primal Chuck 178.66 182.73 Primal Round 176.63 177.21 Primal Loin 308.06 282.94 Primal Brisket 192.58 188.25 Primal Short Plate 171.16 171.16 Primal Flank 122.72 121.08 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/04 72 12 5 17 106 226.74 218.36 04/03 82 19 5 36 141 226.14 218.97 04/02 107 15 5 13 141 225.73 218.49 04/01 46 14 8 17 85 226.84 219.33 03/29 51 24 8 9 92 226.04 218.89 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 226.30 218.81 -------------------------------------------------------------------------------- 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 37.61 loads 1,504,348 pounds Select Cuts 14.73 loads 589,358 pounds Trimmings 36.51 loads 1,460,588 pounds Ground Beef 5.16 loads 206,596 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 112A 3 Rib, ribeye, bnls, light 4 2,396 845.00 849.00 846.06 112A 3 Rib, ribeye, bnls, heavy 9 10,743 806.00 830.00 816.57 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 5 8,659 219.00 229.96 225.66 114A 3 Chuck, shoulder clod, trmd 5 26,619 225.05 233.25 226.39 114D 3 Chuck, clod, top blade 4 2,290 378.63 389.86 382.48 114E 3 Chuck, clod, arm roast 3 2,777 268.00 280.00 269.34 114F 5 Chuck, clod tender (IM) 3 2,969 547.25 550.00 549.90 116A 3 Chuck, roll, lxl, neck/off 8 48,012 262.94 277.25 265.60 116B 1 Chuck, chuck tender (IM) 4 36,581 248.00 250.07 248.11 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 3 6,993 545.00 570.15 561.20 120 1 Brisket, deckle-off, bnls 14 92,459 266.15 277.00 272.01 120A 3 Brisket, point/off, bnls 7 23,328 456.55 473.00 459.00 123A 3 Short Plate, short rib 4 14,763 524.59 582.25 562.39 130 4 Chuck, short rib 15 177,840 317.00 336.00 317.89 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 8 72,626 250.00 278.70 253.77 168 1 Round, top inside round 6 48,790 215.00 230.80 216.06 168 3 Round, top inside round 10 139,168 223.00 236.25 224.27 169 5 Round, top inside, denuded 5 31,151 247.00 287.25 254.44 169A 5 Round, top inside, cap off 3 Round, top inside, side off 170 1 Round, bottom gooseneck 5 79,555 193.09 207.25 197.12 171B 3 Round, outside round 14 82,341 207.55 233.00 212.84 171C 3 Round, eye of round (IM) 7 18,345 235.00 255.25 240.45 174 3 Loin, short loin, 0x1 8 253,396 548.69 585.77 561.83 175 3 Loin, strip loin, 1x1 5 118,749 571.71 599.24 576.58 1 Loin, strip loin bnls. 1x1 3 5,778 651.00 651.00 651.00 180 3 Loin, strip, bnls, 0x1 7 2,479 700.50 733.85 722.29 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 9 10,446 347.94 375.25 364.66 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 5 4,436 550.00 579.70 556.54 185B 1 Loin, ball-tip, bnls, heavy 4 11,630 261.91 280.00 271.71 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 3 1,340 466.00 487.00 473.91 189A 4 Loin, tndrloin, trmd, heavy 12 30,347 959.53 1156.50 978.04 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) -------------------------------------------------------------------------------- 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 5 4,657 724.50 741.27 730.00 112A 3 Rib, ribeye, bnls, heavy 3 2,756 747.25 770.67 762.79 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 0 0 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) 0 0 116A 3 Chuck, roll, lxl, neck/off 3 51,247 259.00 270.00 260.63 116B 1 Chuck, chuck tender (IM) 4 12,646 247.80 260.00 249.37 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 7 16,525 255.00 274.26 264.82 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 16 279,771 317.00 352.25 317.50 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 0 0 168 1 Round, top inside round 168 3 Round, top inside round 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 18,985 205.53 218.26 210.63 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 4 32,993 515.00 550.00 518.64 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 0 0 185B 1 Loin, ball-tip, bnls, heavy 0 0 185C 1 Loin, sirloin, tri-tip (IM) 0 0 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 3 56,028 955.00 970.67 955.39 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 17,005 443.79 500.67 473.40 121C 4 Plate, Outside Skirt (IM) 7 12,719 770.69 830.00 801.87 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 7 31,670 307.07 321.00 315.41 Pectoral Meat 10 24,560 320.00 340.00 326.12 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 6 25,700 167.00 179.00 177.24 Ground Beef 75% 0 0 Ground Beef 81% 17 53,938 181.25 219.00 198.56 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% Ground Beef Chuck 80% 3 11,085 200.27 203.00 201.30 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% Blended Ground Beef 81% Blended Ground Beef 85% Blended Ground Beef 90% 0 0 Blended Ground Beef 93% Blended Ground Beef Chuck 80% 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 14 452,378 83.25 87.00 86.03 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 .