LM_XB402 Des Moines, IA Wed, Mar 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: 228.13 219.99 Change from prior day: (0.09) (0.36) -------------------------------------------------------------------------------- Choice/Select spread: 8.14 Total Load Count (Cuts, Trimmings, Grinds): 75 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 370.46 331.50 Primal Chuck 182.44 183.17 Primal Round 184.62 184.06 Primal Loin 306.25 288.29 Primal Brisket 195.70 197.40 Primal Short Plate 166.04 166.04 Primal Flank 121.48 119.72 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 03/12 59 12 10 16 97 228.22 220.35 03/11 46 14 13 10 83 227.36 219.63 03/08 67 9 0 19 95 226.13 218.78 03/07 51 23 6 24 106 226.04 218.54 03/06 70 16 4 43 133 224.93 218.37 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 226.54 219.14 -------------------------------------------------------------------------------- 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 42.87 loads 1,714,780 pounds Select Cuts 22.50 loads 899,867 pounds Trimmings 0.00 loads 0 pounds Ground Beef 9.37 loads 374,722 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 12 20,889 705.00 756.50 731.73 112A 3 Rib, ribeye, bnls, light 10 87,145 785.00 830.00 788.59 112A 3 Rib, ribeye, bnls, heavy 36 120,034 780.25 825.00 788.68 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 4 3,749 210.15 223.44 216.56 114A 3 Chuck, shoulder clod, trmd 19 69,191 217.00 239.82 222.02 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 6 4,952 305.00 313.49 307.89 114F 5 Chuck, clod tender (IM) 5 4,646 501.83 525.00 508.34 116A 3 Chuck, roll, lxl, neck/off 35 37,346 276.00 301.22 282.31 116B 1 Chuck, chuck tender (IM) 12 22,729 243.96 255.30 253.35 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 4 16,872 541.60 562.85 559.40 120 1 Brisket, deckle-off, bnls 28 48,289 272.50 301.00 280.35 120A 3 Brisket, point/off, bnls 10 24,985 460.00 482.00 477.94 123A 3 Short Plate, short rib 12 19,621 520.02 578.00 560.55 130 4 Chuck, short rib 20 87,406 325.00 352.75 326.88 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 30 57,995 264.15 288.00 266.92 168 1 Round, top inside round 24 20,595 222.01 227.21 225.80 168 3 Round, top inside round 16 44,968 224.15 237.00 227.09 169 5 Round, top inside, denuded 9 13,076 265.60 276.50 271.14 169A 5 Round, top inside, cap off 4 6,315 292.60 300.95 296.75 3 Round, top inside, side off 170 1 Round, bottom gooseneck 171B 3 Round, outside round 21 64,240 239.59 257.21 245.12 171C 3 Round, eye of round (IM) 24 43,010 260.81 284.00 268.82 174 3 Loin, short loin, 0x1 9 23,978 568.09 595.32 574.27 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 37 242,318 625.25 700.00 638.17 184 1 Loin, top butt, bnls, heavy 4 2,622 345.00 359.55 348.85 184 3 Loin, top butt, boneless 24 43,760 354.15 385.00 361.76 184B 3 Loin, top butt, CC (IM) 10 215,246 460.00 486.92 473.18 185A 4 Loin, bottom sirloin, flap 26 68,046 487.09 591.50 532.91 185B 1 Loin, ball-tip, bnls, heavy 8 10,374 280.08 295.00 291.72 185C 1 Loin, sirloin, tri-tip (IM) 7 9,279 320.00 371.00 350.82 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 28 149,664 999.92 1136.50 1008.45 191A 4 Loin, butt tender, trimmed 3 6,601 905.57 913.01 912.49 193 4 Flank, flank steak (IM) 7 8,349 520.00 562.85 544.27 -------------------------------------------------------------------------------- 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 20 221,400 670.00 750.00 676.69 112A 3 Rib, ribeye, bnls, heavy 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 8 19,586 217.00 239.21 225.93 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 13 26,896 270.00 281.50 277.35 116B 1 Chuck, chuck tender (IM) 7 12,523 248.64 260.00 249.78 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 5 8,423 280.00 293.12 280.85 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 9 150,220 325.00 352.75 325.65 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 4 82,198 242.00 268.44 242.35 168 1 Round, top inside round 4 5,422 225.00 227.21 226.13 168 3 Round, top inside round 13 141,859 230.00 234.50 230.11 169 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 0 0 171B 3 Round, outside round 3 10,207 243.00 248.00 245.58 171C 3 Round, eye of round (IM) 6 3,316 267.44 281.00 275.21 174 3 Loin, short loin, 0x1 6 3,653 525.08 544.21 529.58 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 5 8,131 529.00 549.21 535.77 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 0 0 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 3 7,697 498.00 525.00 507.37 185B 1 Loin, ball-tip, bnls, heavy 0 0 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 13 34,155 985.00 1037.72 1000.40 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 9 4,035 509.87 521.00 513.30 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 14 120,100 450.00 472.62 460.18 121C 4 Plate, Outside Skirt (IM) 4 3,720 727.00 801.00 750.02 121E 6 Outside Skirt, pld (IM) 0 0 Cap, Wedge Meat & (IM) Lean 13 82,273 304.00 336.00 309.95 Pectoral Meat 15 21,075 310.00 351.00 326.29 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 15 73,132 171.00 197.25 177.97 Ground Beef 75% Ground Beef 81% 46 87,692 193.00 208.22 197.23 Ground Beef 85% Ground Beef 90% Ground Beef 93% 7 15,467 301.00 308.00 301.80 Ground Beef Chuck 80% 11 69,302 193.77 218.22 197.27 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 .