LM_XB402 Des Moines, IA Fri, Dec 13, 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: 217.04 204.26 Change from prior day: 1.39 1.70 -------------------------------------------------------------------------------- Choice/Select spread: 12.78 Total Load Count (Cuts, Trimmings, Grinds): 58 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 394.24 349.89 Primal Chuck 169.56 172.15 Primal Round 175.01 176.41 Primal Loin 276.98 235.80 Primal Brisket 196.03 194.90 Primal Short Plate 150.19 150.19 Primal Flank 106.05 106.44 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 12/12 133 23 8 44 207 215.65 202.56 12/11 99 25 5 35 165 218.65 203.72 12/10 144 28 13 24 208 221.49 205.35 12/09 69 18 7 42 136 223.64 206.49 12/06 78 23 10 21 132 224.56 207.30 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 220.80 205.08 -------------------------------------------------------------------------------- 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 25.40 loads 1,015,911 pounds Select Cuts 10.12 loads 404,701 pounds Trimmings 0.00 loads 0 pounds Ground Beef 22.22 loads 888,842 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 4 3,237 792.00 801.00 798.97 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 10 22,132 865.00 947.00 898.19 113C 1 Chuck, semi-bnls, neck/off 6 11,578 220.90 235.00 228.50 114 1 Chuck, shoulder clod 3 24,694 207.00 225.49 208.24 114A 3 Chuck, shoulder clod, trmd 9 64,897 214.90 230.55 217.19 114D 3 Chuck, clod, top blade 4 8,863 270.00 326.01 305.54 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 5 5,192 520.00 550.00 520.66 116A 3 Chuck, roll, lxl, neck/off 10 25,371 282.00 310.00 292.67 116B 1 Chuck, chuck tender (IM) 9 43,970 236.39 255.00 240.75 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 3 4,977 515.49 520.00 518.09 120 1 Brisket, deckle-off, bnls 14 67,360 279.90 295.00 282.37 120A 3 Brisket, point/off, bnls 5 11,385 445.00 475.00 459.42 123A 3 Short Plate, short rib 4 13,413 384.80 417.64 392.25 130 4 Chuck, short rib 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 20 56,323 228.78 266.00 239.23 168 1 Round, top inside round 7 9,029 218.50 230.00 221.18 168 3 Round, top inside round 8 23,263 215.00 226.91 217.58 169 5 Round, top inside, denuded 169A 5 Round, top inside, cap off 5 7,661 290.49 300.00 298.45 3 Round, top inside, side off 170 1 Round, bottom gooseneck 171B 3 Round, outside round 13 45,542 230.00 245.00 238.05 171C 3 Round, eye of round (IM) 9 13,238 237.00 255.00 244.04 174 3 Loin, short loin, 0x1 10 131,670 440.00 490.00 478.63 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 9 11,284 475.00 510.00 488.90 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 11 47,951 270.00 325.00 272.02 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 11 46,029 450.00 490.00 453.09 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 4 1,503 282.00 300.00 293.93 185D 4 Loin, tri-tip, pld (IM) 3 2,022 404.65 435.15 408.05 189A 4 Loin, tndrloin, trmd, heavy 14 45,506 1090.00 1223.50 1127.42 191A 4 Loin, butt tender, trimmed 4 2,635 1140.00 1177.25 1174.04 193 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 4 5,408 671.50 700.00 684.76 112A 3 Rib, ribeye, bnls, light 4 1,722 719.78 729.72 723.67 112A 3 Rib, ribeye, bnls, heavy 5 5,307 745.00 775.00 766.61 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 3 38,231 198.56 221.00 219.93 114A 3 Chuck, shoulder clod, trmd 3 8,286 216.00 227.00 223.08 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 8 52,442 278.00 316.00 283.49 116B 1 Chuck, chuck tender (IM) 4 1,629 246.54 260.00 255.20 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 4 2,665 380.00 405.00 387.70 120 1 Brisket, deckle-off, bnls 3 3,904 275.00 285.00 283.82 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 0 0 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 8 30,600 238.00 252.00 240.28 168 1 Round, top inside round 168 3 Round, top inside round 9 77,316 215.00 220.00 218.16 169 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 9 48,929 236.66 248.00 240.23 171C 3 Round, eye of round (IM) 174 3 Loin, short loin, 0x1 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 6 16,268 355.00 366.00 357.39 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 6 19,316 270.00 300.00 278.52 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 0 0 185C 1 Loin, sirloin, tri-tip (IM) 5 3,165 222.00 240.00 227.90 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 4 3,913 1003.11 1015.00 1014.48 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 4 12,451 129.03 145.00 141.51 121D 4 Plate, Inside Skirt (IM) 10 23,534 437.00 484.00 446.39 121C 4 Plate, Outside Skirt (IM) 7 8,782 523.00 640.00 549.56 121E 6 Outside Skirt, pld (IM) 0 0 Cap, Wedge Meat & (IM) Lean 8 38,143 240.00 275.00 244.60 Pectoral Meat 8 132,481 243.03 282.00 258.29 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 8 115,799 144.09 198.49 185.62 Ground Beef 75% 0 0 Ground Beef 81% 23 517,906 154.00 184.00 159.51 Ground Beef 85% 0 0 Ground Beef 90% 0 0 Ground Beef 93% 3 3,625 280.00 321.00 304.03 Ground Beef Chuck 80% 3 63,780 193.00 204.00 203.33 Ground Beef Round 85% 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% 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 .