LM_XB403 Des Moines, IA Fri, Jan 04, 2019 USDA Market News NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales - Afternoon USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 1:30pm 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. Boxed beef cutout values lower on light to moderate demand and heavy offerings. Select and Choice rib, chuck, round, and loin cuts steady to weak. Beef trimmings mostly moderately lower on light demand and offerings. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 214.51 207.66 Change from prior day: (1.98) (1.72) -------------------------------------------------------------------------------- Choice/Select spread: 6.85 Total Load Count (Cuts, Trimmings, Grinds): 116 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 346.38 317.00 Primal Chuck 177.71 175.44 Primal Round 172.93 175.30 Primal Loin 279.76 265.45 Primal Brisket 193.75 189.00 Primal Short Plate 155.20 155.20 Primal Flank 110.44 107.92 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 01/03 104 22 7 16 149 216.49 209.38 01/02 43 23 44 7 117 216.64 210.91 12/31 50 20 0 21 91 215.35 210.66 12/28 44 10 10 31 95 214.41 207.52 12/27 91 26 11 14 141 215.30 207.22 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 215.64 209.14 -------------------------------------------------------------------------------- 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 66.14 loads 2,645,467 pounds Select Cuts 26.24 loads 1,049,527 pounds Trimmings 3.08 loads 123,385 pounds Ground Beef 20.83 loads 833,098 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 11 143,028 602.60 680.37 619.11 112A 3 Rib, ribeye, bnls, light 5 9,505 740.00 764.00 746.29 112A 3 Rib, ribeye, bnls, heavy 19 20,209 716.50 751.23 736.10 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 7 34,793 195.42 216.25 205.85 114A 3 Chuck, shoulder clod, trmd 19 199,468 191.00 226.55 200.14 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 5 10,011 248.00 267.25 261.45 114F 5 Chuck, clod tender (IM) 8 8,368 415.00 429.70 415.19 116A 3 Chuck, roll, lxl, neck/off 31 273,772 283.25 311.75 301.96 116B 1 Chuck, chuck tender (IM) 4 28,579 234.00 240.40 235.95 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 4 6,217 550.24 588.00 564.51 120 1 Brisket, deckle-off, bnls 25 194,190 270.00 304.50 281.93 120A 3 Brisket, point/off, bnls 6 5,082 490.00 518.11 498.34 123A 3 Short Plate, short rib 11 24,948 520.00 686.75 558.15 130 4 Chuck, short rib 9 12,511 340.08 397.00 356.53 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 12 74,744 234.95 265.00 242.04 168 1 Round, top inside round 6 24,530 210.00 235.00 213.94 168 3 Round, top inside round 19 92,331 211.00 240.00 222.12 169 5 Round, top inside, denuded 8 24,635 260.46 288.00 265.53 169A 5 Round, top inside, cap off 11 23,436 280.07 323.60 296.46 3 Round, top inside, side off 170 1 Round, bottom gooseneck 171B 3 Round, outside round 15 184,181 203.80 227.00 213.40 171C 3 Round, eye of round (IM) 18 209,826 243.58 266.00 247.04 174 3 Loin, short loin, 0x1 16 193,517 485.37 540.25 501.66 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 5 6,419 478.00 478.00 478.00 180 3 Loin, strip, bnls, 0x1 22 70,707 518.00 561.50 533.03 184 1 Loin, top butt, bnls, heavy 5 9,253 335.00 335.00 335.00 184 3 Loin, top butt, boneless 12 29,966 349.00 367.00 357.93 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 21 83,191 483.00 525.59 496.36 185B 1 Loin, ball-tip, bnls, heavy 11 24,920 252.79 265.00 255.80 185C 1 Loin, sirloin, tri-tip (IM) 6 7,230 270.00 311.50 288.37 185D 4 Loin, tri-tip, pld (IM) 4 15,929 380.00 428.04 386.69 189A 4 Loin, tndrloin, trmd, heavy 16 116,040 1018.00 1123.23 1038.26 191A 4 Loin, butt tender, trimmed 5 6,004 980.00 1051.35 994.40 193 4 Flank, flank steak (IM) 6 7,254 455.00 482.00 467.58 -------------------------------------------------------------------------------- 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 5 2,265 574.86 612.00 590.59 112A 3 Rib, ribeye, bnls, light 18 129,061 619.71 688.25 639.48 112A 3 Rib, ribeye, bnls, heavy 18 81,205 635.00 701.75 638.29 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 3 12,841 202.54 213.00 206.36 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 6 53,643 283.25 303.42 287.76 116B 1 Chuck, chuck tender (IM) 4 13,451 219.60 240.40 236.56 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 3 8,118 512.28 515.55 513.46 120 1 Brisket, deckle-off, bnls 4 25,076 272.00 300.00 272.72 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 3 6,747 342.55 360.00 348.42 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 168 1 Round, top inside round 0 0 168 3 Round, top inside round 169 5 Round, top inside, denuded 169A 5 Round, top inside, cap off 0 0 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 5 121,553 193.91 201.54 194.27 171B 3 Round, outside round 3 21,419 209.11 222.00 210.00 171C 3 Round, eye of round (IM) 3 9,675 254.60 258.87 255.41 174 3 Loin, short loin, 0x1 13 154,930 440.00 486.34 456.52 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 9 8,454 429.89 486.50 459.35 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 6 4,834 334.01 352.27 345.72 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 7 31,093 481.00 516.25 484.61 185B 1 Loin, ball-tip, bnls, heavy 8 100,581 219.70 225.00 224.36 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 5 5,466 1060.00 1174.25 1113.24 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 4 24,996 455.00 482.45 458.02 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 10 93,134 114.92 148.93 126.49 121D 4 Plate, Inside Skirt (IM) 15 183,169 475.00 529.91 501.92 121C 4 Plate, Outside Skirt (IM) 19 16,737 650.00 677.00 659.45 121E 6 Outside Skirt, pld (IM) 5 7,466 888.40 975.00 916.16 Cap, Wedge Meat & (IM) Lean 28 80,206 293.00 315.05 300.81 Pectoral Meat 18 40,757 306.00 326.50 316.18 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 13 200,488 167.00 184.89 177.69 Ground Beef 75% Ground Beef 81% 10 53,203 180.00 209.05 194.39 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 6 83,464 295.00 325.11 310.69 Ground Beef Chuck 80% 6 141,678 201.00 206.89 203.14 Ground Beef Round 85% 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% 0 0 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 6 123,385 63.22 67.00 65.76 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 1500C .