LM_XB402
Des Moines, IA Wed, Nov 28, 2018 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
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Current Cutout Values: 213.58 198.91
Change from prior day: (0.42) (1.33)
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Choice/Select spread: 14.67
Total Load Count (Cuts, Trimmings, Grinds): 82
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COMPOSITE PRIMAL VALUES
Primal Rib 415.30 335.33
Primal Chuck 167.11 163.24
Primal Round 161.43 161.89
Primal Loin 270.85 249.49
Primal Brisket 187.39 188.58
Primal Short Plate 145.06 145.06
Primal Flank 105.84 105.08
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LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS
CHOICE SELECT
Date Choice Select Trim Grinds Total 600-900 600-900
11/27 76 19 10 35 140 214.00 200.24
11/26 35 15 0 13 64 214.45 199.79
11/23 26 18 6 12 62 213.85 198.51
11/21 99 21 13 43 175 213.69 198.26
11/20 84 34 5 19 143 214.09 198.43
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Current 5 Day Simple Average: 214.02 199.05
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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 51.81 loads 2,072,421 pounds
Select Cuts 15.63 loads 625,208 pounds
Trimmings 5.48 loads 219,354 pounds
Ground Beef 9.08 loads 363,399 pounds
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Choice Cuts, Fat Limitations 1-6 (IM) = Individual Muscle
IMPS/FL Sub-Primal # of Total Price Weighted
Trades Pounds Range Average
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109E 1 Rib, ribeye, lip-on, bn-in 11 88,468 783.11 824.62 784.49
112A 3 Rib, ribeye, bnls, light 0 0
112A 3 Rib, ribeye, bnls, heavy 33 21,347 890.00 928.00 904.07
113C 1 Chuck, semi-bnls, neck/off 3 24,334 210.00 221.25 216.85
114 1 Chuck, shoulder clod 4 3,901 195.00 201.00 195.48
114A 3 Chuck, shoulder clod, trmd 20 511,097 196.40 215.39 197.20
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast 6 45,821 250.00 267.25 253.09
114F 5 Chuck, clod tender (IM)
116A 3 Chuck, roll, lxl, neck/off 42 67,959 289.00 311.00 300.86
116B 1 Chuck, chuck tender (IM) 12 50,895 205.00 211.00 206.68
3 Chuck roll, retail ready 3 17,555 318.00 330.00 325.44
116G 4 Chuck, flap (IM) 3 7,178 562.19 586.00 568.86
120 1 Brisket, deckle-off, bnls 39 47,822 260.99 290.75 279.30
120A 3 Brisket, point/off, bnls 4 1,031 465.00 499.15 467.45
123A 3 Short Plate, short rib 5 1,285 575.00 607.00 592.57
130 4 Chuck, short rib 34 47,158 367.00 430.00 395.27
160 1 Round, bone-in
161 1 Round, boneless
167A 4 Round, knuckle, peeled 48 151,629 215.00 246.00 225.03
168 1 Round, top inside round 25 56,016 192.00 210.00 196.61
168 3 Round, top inside round 18 129,845 195.50 213.00 198.57
169 5 Round, top inside, denuded 10 14,008 227.00 252.00 241.13
169A 5 Round, top inside, cap off 4 11,068 261.43 287.00 264.91
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck 4 1,491 201.25 223.00 213.03
171B 3 Round, outside round 28 277,217 204.00 222.00 206.58
171C 3 Round, eye of round (IM) 60 77,992 213.94 235.00 220.66
174 3 Loin, short loin, 0x1 11 29,116 440.08 519.62 446.24
175 3 Loin, strip loin, 1x1
1 Loin, strip loin bnls. 1x1
180 3 Loin, strip, bnls, 0x1 22 65,885 470.00 510.75 473.32
184 1 Loin, top butt, bnls, heavy 9 6,386 310.00 330.00 317.15
184 3 Loin, top butt, boneless 20 36,581 320.00 339.00 328.86
184B 3 Loin, top butt, CC (IM)
185A 4 Loin, bottom sirloin, flap 7 12,637 460.00 470.00 461.55
185B 1 Loin, ball-tip, bnls, heavy 12 49,011 209.88 241.00 214.14
185C 1 Loin, sirloin, tri-tip (IM) 10 31,463 239.00 255.00 240.30
185D 4 Loin, tri-tip, pld (IM) 9 31,422 392.00 406.00 397.11
189A 4 Loin, tndrloin, trmd, heavy 40 33,846 1166.79 1240.04 1198.23
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM) 9 26,030 438.48 460.00 441.25
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Select Cuts, Fat Limitations 1-6 (IM) = Individual Muscle
IMPS/FL Sub-Primal # of Total Price Weighted
Trades Pounds Range Average
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109E 1 Rib, ribeye, lip-on, bn-in 4 35,892 602.58 630.00 604.91
112A 3 Rib, ribeye, bnls, light 3 6,307 674.43 782.00 725.16
112A 3 Rib, ribeye, bnls, heavy 3 3,808 645.00 700.00 649.12
113C 1 Chuck, semi-bnls, neck/off
114 1 Chuck, shoulder clod
114A 3 Chuck, shoulder clod, trmd 4 17,701 205.23 215.39 206.30
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 12 63,809 280.00 298.00 285.70
116B 1 Chuck, chuck tender (IM) 5 11,787 207.80 214.00 209.55
3 Chuck roll, retail ready 0 0
116G 4 Chuck, flap (IM) 3 17,186 531.39 545.00 532.51
120 1 Brisket, deckle-off, bnls 4 16,609 260.00 270.00 265.56
120A 3 Brisket, point/off, bnls
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 11 26,346 218.00 241.00 225.15
168 1 Round, top inside round 3 4,516 198.23 200.00 198.38
168 3 Round, top inside round 6 15,698 195.00 207.00 201.16
169 5 Round, top inside, denuded 4 12,470 220.00 240.23 225.72
169A 5 Round, top inside, cap off
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck 0 0
171B 3 Round, outside round 12 37,762 198.00 221.00 204.77
171C 3 Round, eye of round (IM) 9 34,604 220.00 228.39 222.74
174 3 Loin, short loin, 0x1 7 9,532 374.47 400.00 380.44
175 3 Loin, strip loin, 1x1 0 0
1 Loin, strip loin bnls. 1x1 0 0
180 3 Loin, strip, bnls, 0x1 5 8,995 384.93 413.39 395.82
184 1 Loin, top butt, bnls, heavy 0 0
184 3 Loin, top butt, boneless 8 22,807 305.00 320.00 309.18
184B 3 Loin, top butt, CC (IM) 0 0
185A 4 Loin, bottom sirloin, flap 5 36,397 438.49 447.00 442.30
185B 1 Loin, ball-tip, bnls, heavy 0 0
185C 1 Loin, sirloin, tri-tip (IM) 5 37,194 208.00 233.73 229.00
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 3 24,785 1139.00 1175.00 1144.17
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM)
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CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle
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124 4 Rib, Back Ribs, Frozen 7 45,913 122.00 140.00 122.60
121D 4 Plate, Inside Skirt (IM) 12 30,985 435.00 468.00 448.79
121C 4 Plate, Outside Skirt (IM) 6 5,875 545.00 635.49 604.90
121E 6 Outside Skirt, pld (IM)
Cap, Wedge Meat & (IM) Lean 10 54,733 299.37 315.00 303.98
Pectoral Meat 18 53,601 304.00 331.00 314.97
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 10 13,348 140.00 147.25 142.68
Ground Beef 75%
Ground Beef 81% 22 97,385 150.00 182.00 161.28
Ground Beef 85%
Ground Beef 90% 0 0
Ground Beef 93% 9 37,475 279.40 293.50 286.22
Ground Beef Chuck 80% 14 140,341 165.28 186.50 173.21
Ground Beef Round 85%
Ground Beef Sirloin 90%
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BLENDED GB - STEER/HEIFER/COW SOURCE - 10 Pound Chub Basis - Coarse & Fine Grind
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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
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BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed
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Fresh 50% lean trimmings 8 219,354 65.00 79.27 72.09
Frozen 50% lean trimmings 0 0
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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"
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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.
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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
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