LM_XB402 Des Moines, IA Mon, Apr 08, 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: 229.13 220.58 Change from prior day: 2.20 0.30 -------------------------------------------------------------------------------- Choice/Select spread: 8.55 Total Load Count (Cuts, Trimmings, Grinds): 63 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 384.00 357.70 Primal Chuck 181.12 182.29 Primal Round 174.47 175.64 Primal Loin 313.99 285.99 Primal Brisket 192.88 188.48 Primal Short Plate 173.61 173.61 Primal Flank 123.54 123.70 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/05 59 22 40 12 132 226.93 220.28 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 226.48 219.09 -------------------------------------------------------------------------------- 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 34.46 loads 1,378,490 pounds Select Cuts 9.60 loads 384,158 pounds Trimmings 4.60 loads 184,110 pounds Ground Beef 14.02 loads 560,891 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 6 77,840 716.75 755.60 731.63 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 7 14,961 807.00 851.55 816.53 113C 1 Chuck, semi-bnls, neck/off 6 11,981 236.25 251.75 239.32 114 1 Chuck, shoulder clod 7 155,379 221.62 226.75 222.82 114A 3 Chuck, shoulder clod, trmd 6 41,161 225.00 240.00 227.31 114D 3 Chuck, clod, top blade 5 2,733 385.34 390.77 387.33 114E 3 Chuck, clod, arm roast 16 11,173 264.00 286.50 272.54 114F 5 Chuck, clod tender (IM) 12 40,655 467.36 556.25 481.27 116A 3 Chuck, roll, lxl, neck/off 15 25,504 261.68 281.75 269.33 116B 1 Chuck, chuck tender (IM) 5 3,804 248.65 255.00 254.27 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 11 10,977 551.10 580.69 560.19 120 1 Brisket, deckle-off, bnls 7 20,356 270.00 276.50 270.82 120A 3 Brisket, point/off, bnls 5 4,291 463.00 476.50 465.59 123A 3 Short Plate, short rib 14 33,852 530.09 584.15 557.76 130 4 Chuck, short rib 9 22,855 331.10 380.00 364.76 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 19 53,042 257.00 286.00 270.42 168 1 Round, top inside round 4 5,746 225.00 230.00 226.94 168 3 Round, top inside round 12 51,613 224.60 241.75 227.18 169 5 Round, top inside, denuded 7 32,495 261.95 277.00 262.54 169A 5 Round, top inside, cap off 3 3,368 302.00 310.00 302.27 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 7 7,085 196.25 211.75 204.88 171B 3 Round, outside round 10 112,286 206.00 233.00 209.85 171C 3 Round, eye of round (IM) 13 54,973 233.50 255.00 241.84 174 3 Loin, short loin, 0x1 11 293,600 554.95 636.97 620.16 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 3 3,957 651.00 651.00 651.00 180 3 Loin, strip, bnls, 0x1 7 21,502 711.95 727.50 716.40 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 9 50,766 355.00 375.00 357.05 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 8 27,991 550.00 607.50 578.32 185B 1 Loin, ball-tip, bnls, heavy 7 9,331 258.63 280.10 271.67 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 4 10,670 466.00 495.00 469.49 189A 4 Loin, tndrloin, trmd, heavy 14 50,430 959.10 1141.50 980.35 191A 4 Loin, butt tender, trimmed 3 2,820 933.95 956.10 938.71 193 4 Flank, flank steak (IM) 4 3,487 527.50 549.25 533.33 -------------------------------------------------------------------------------- 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 3 19,980 724.60 738.18 729.02 112A 3 Rib, ribeye, bnls, heavy 4 4,358 746.25 776.75 753.21 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 3 2,690 216.75 234.72 221.27 114A 3 Chuck, shoulder clod, trmd 6 74,069 225.00 243.51 233.21 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 3 13,958 437.36 458.27 438.37 116A 3 Chuck, roll, lxl, neck/off 0 0 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 6 9,836 524.62 527.77 526.00 120 1 Brisket, deckle-off, bnls 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 3 1,612 310.00 361.75 335.83 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 0 0 168 1 Round, top inside round 0 0 168 3 Round, top inside round 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 6 85,168 193.42 204.22 197.34 171B 3 Round, outside round 171C 3 Round, eye of round (IM) 174 3 Loin, short loin, 0x1 3 1,170 510.00 560.00 525.02 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 7 7,808 524.60 575.00 534.53 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 3 8,778 359.00 376.34 364.60 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 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 3 1,743 513.00 540.00 521.21 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 4 18,829 125.30 140.00 126.80 121D 4 Plate, Inside Skirt (IM) 10 14,582 440.00 519.15 483.47 121C 4 Plate, Outside Skirt (IM) 8 3,087 789.00 841.00 818.10 121E 6 Outside Skirt, pld (IM) 5 6,135 1009.68 1036.10 1023.07 Cap, Wedge Meat & (IM) Lean 14 132,575 303.00 325.00 307.03 Pectoral Meat 6 12,087 320.84 334.00 321.68 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 8 177,357 175.00 200.75 178.58 Ground Beef 75% Ground Beef 81% 19 149,887 195.00 226.25 203.37 Ground Beef 85% 0 0 Ground Beef 90% 0 0 Ground Beef 93% Ground Beef Chuck 80% 6 134,726 190.04 213.50 205.88 Ground Beef Round 85% 3 25,820 240.89 254.25 245.65 Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- BLENDED GB - STEER/HEIFER/COW SOURCE - 10 Pound Chub Basis - Coarse & Fine Grind -------------------------------------------------------------------------------- Blended Ground Beef 73% 0 0 Blended Ground Beef 75% 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% Blended Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 8 184,110 84.25 90.75 86.74 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 .