LM_XB402 Des Moines, IA Mon, Apr 01, 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: 227.28 219.75 Change from prior day: 1.24 0.86 -------------------------------------------------------------------------------- Choice/Select spread: 7.53 Total Load Count (Cuts, Trimmings, Grinds): 34 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 375.19 344.78 Primal Chuck 178.68 182.90 Primal Round 180.21 181.40 Primal Loin 310.43 283.16 Primal Brisket 190.75 192.79 Primal Short Plate 169.07 169.07 Primal Flank 116.89 120.38 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 03/29 51 24 8 9 92 226.04 218.89 03/28 62 14 5 6 87 227.44 219.52 03/27 99 12 17 30 157 228.99 220.53 03/26 73 23 10 14 120 229.51 218.99 03/25 71 17 6 16 109 229.00 218.73 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 228.19 219.33 -------------------------------------------------------------------------------- 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 22.05 loads 882,124 pounds Select Cuts 4.81 loads 192,489 pounds Trimmings 0.00 loads 0 pounds Ground Beef 6.74 loads 269,412 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 3 23,815 705.00 706.03 705.27 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 3 7,211 817.00 826.50 821.31 113C 1 Chuck, semi-bnls, neck/off 7 37,652 220.85 256.75 225.81 114 1 Chuck, shoulder clod 5 11,089 215.00 229.96 221.66 114A 3 Chuck, shoulder clod, trmd 5 18,302 220.11 242.61 227.67 114D 3 Chuck, clod, top blade 6 6,957 368.94 390.85 377.12 114E 3 Chuck, clod, arm roast 8 5,325 285.00 288.00 285.68 114F 5 Chuck, clod tender (IM) 4 1,897 541.36 556.50 545.32 116A 3 Chuck, roll, lxl, neck/off 17 73,498 262.00 286.75 270.64 116B 1 Chuck, chuck tender (IM) 4 6,610 260.00 273.00 264.16 3 Chuck roll, retail ready 5 90,037 286.03 307.00 295.89 116G 4 Chuck, flap (IM) 10 11,950 549.54 604.09 561.44 120 1 Brisket, deckle-off, bnls 14 57,150 254.96 278.09 268.33 120A 3 Brisket, point/off, bnls 4 1,704 465.00 476.32 471.36 123A 3 Short Plate, short rib 10 15,273 528.75 575.00 568.27 130 4 Chuck, short rib 14 28,562 328.50 380.00 361.68 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 17 48,155 264.00 282.00 271.08 168 1 Round, top inside round 7 16,758 220.00 230.00 225.55 168 3 Round, top inside round 4 4,055 225.00 241.75 232.57 169 5 Round, top inside, denuded 5 16,791 251.68 283.00 254.25 169A 5 Round, top inside, cap off 7 11,182 286.50 322.69 300.30 3 Round, top inside, side off 170 1 Round, bottom gooseneck 6 42,605 199.83 230.00 201.03 171B 3 Round, outside round 6 92,167 215.65 236.83 217.15 171C 3 Round, eye of round (IM) 12 17,244 255.75 292.70 263.88 174 3 Loin, short loin, 0x1 6 31,412 560.00 590.00 578.20 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 5 4,229 680.00 718.75 697.88 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 4 9,537 358.55 366.83 360.80 184B 3 Loin, top butt, CC (IM) 4 5,429 515.69 532.00 520.24 185A 4 Loin, bottom sirloin, flap 12 64,635 520.00 560.00 543.61 185B 1 Loin, ball-tip, bnls, heavy 3 26,894 270.19 285.00 273.80 185C 1 Loin, sirloin, tri-tip (IM) 4 5,492 327.85 375.43 337.82 185D 4 Loin, tri-tip, pld (IM) 6 6,524 466.00 474.00 469.92 189A 4 Loin, tndrloin, trmd, heavy 6 10,954 963.94 1000.00 976.74 191A 4 Loin, butt tender, trimmed 5 23,450 895.00 961.19 923.39 193 4 Flank, flank steak (IM) 4 2,642 532.00 546.75 537.43 -------------------------------------------------------------------------------- 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 3 2,997 623.75 660.00 655.71 112A 3 Rib, ribeye, bnls, light 4 8,119 687.72 722.00 694.26 112A 3 Rib, ribeye, bnls, heavy 8 6,445 731.00 762.00 744.93 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 4 4,621 220.00 225.00 222.30 114A 3 Chuck, shoulder clod, trmd 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 4 2,680 473.31 483.65 481.26 116A 3 Chuck, roll, lxl, neck/off 3 10,440 259.00 269.96 267.22 116B 1 Chuck, chuck tender (IM) 0 0 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 6 14,454 516.69 522.56 518.91 120 1 Brisket, deckle-off, bnls 5 11,807 261.75 275.80 266.12 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 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 0 0 168 3 Round, top inside round 3 3,977 225.00 237.85 225.95 169 5 Round, top inside, denuded 0 0 169A 5 Round, top inside, cap off 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 3 3,965 204.54 208.86 208.18 171B 3 Round, outside round 3 1,512 229.71 241.50 240.15 171C 3 Round, eye of round (IM) 174 3 Loin, short loin, 0x1 5 4,012 520.00 542.61 539.71 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 3 1,244 523.75 560.00 547.23 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 4 4,373 351.00 376.31 368.59 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 3 14,779 260.00 273.00 265.13 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 4 2,123 955.43 1000.00 963.96 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) 16 13,801 440.00 488.99 470.43 121C 4 Plate, Outside Skirt (IM) 12 7,026 785.00 831.75 794.96 121E 6 Outside Skirt, pld (IM) 6 6,103 1005.47 1038.79 1026.39 Cap, Wedge Meat & (IM) Lean 8 8,757 312.61 322.00 318.22 Pectoral Meat 9 24,885 325.00 365.63 351.96 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 6 51,161 170.00 200.75 174.61 Ground Beef 75% 0 0 Ground Beef 81% 7 51,859 196.00 213.83 198.14 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% 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% Blended Ground Beef 93% Blended Ground Beef Chuck 80% 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 .