LM_XB403 Des Moines, IA Thu, Jul 18, 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 firm to higher on moderate to good demand and moderate offerings. Select and Choice rib, chuck, round, and loin cuts steady to firm. Beef trimmings unevenly steady on moderate demand and offerings. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 213.34 188.61 Change from prior day: 0.77 0.27 -------------------------------------------------------------------------------- Choice/Select spread: 24.73 Total Load Count (Cuts, Trimmings, Grinds): 135 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 351.72 275.79 Primal Chuck 172.40 162.62 Primal Round 165.81 166.33 Primal Loin 285.16 227.03 Primal Brisket 182.09 174.66 Primal Short Plate 158.72 158.72 Primal Flank 127.33 110.34 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 07/17 80 55 30 34 200 212.57 188.34 07/16 66 42 13 29 151 212.93 189.16 07/15 66 35 11 31 143 213.27 189.21 07/12 53 19 12 25 109 212.80 189.60 07/11 61 37 16 33 148 213.77 190.79 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 213.07 189.42 -------------------------------------------------------------------------------- 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 67.15 loads 2,686,077 pounds Select Cuts 31.50 loads 1,260,005 pounds Trimmings 8.99 loads 359,476 pounds Ground Beef 27.27 loads 1,090,797 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 29 169,006 650.00 700.00 668.90 112A 3 Rib, ribeye, bnls, light 4 13,426 740.00 757.00 742.77 112A 3 Rib, ribeye, bnls, heavy 19 24,314 745.00 776.43 753.39 113C 1 Chuck, semi-bnls, neck/off 4 20,159 213.00 219.29 216.94 114 1 Chuck, shoulder clod 3 8,678 203.51 220.99 208.47 114A 3 Chuck, shoulder clod, trmd 9 29,471 218.13 235.00 222.83 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 14 22,702 269.73 275.99 273.26 114F 5 Chuck, clod tender (IM) 9 17,126 360.00 391.25 364.95 116A 3 Chuck, roll, lxl, neck/off 30 88,046 262.97 292.00 276.34 116B 1 Chuck, chuck tender (IM) 29 125,443 214.35 240.00 217.90 3 Chuck roll, retail ready 16 156,760 297.10 317.77 300.98 116G 4 Chuck, flap (IM) 7 65,705 450.00 518.84 507.15 120 1 Brisket, deckle-off, bnls 23 41,728 250.00 286.54 253.59 120A 3 Brisket, point/off, bnls 7 7,627 420.00 463.50 427.50 123A 3 Short Plate, short rib 10 16,531 499.88 575.00 537.04 130 4 Chuck, short rib 15 71,139 306.00 373.50 315.97 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 26 154,281 218.00 248.50 221.84 168 1 Round, top inside round 168 3 Round, top inside round 22 142,118 199.71 236.00 217.34 169 5 Round, top inside, denuded 22 79,926 242.00 271.75 247.10 169A 5 Round, top inside, cap off 4 7,887 290.00 302.99 292.17 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 6 8,787 186.47 205.00 196.05 171B 3 Round, outside round 21 139,262 199.47 220.25 205.27 171C 3 Round, eye of round (IM) 37 83,010 214.07 242.20 219.49 174 3 Loin, short loin, 0x1 15 94,109 497.00 573.15 516.04 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 23 62,624 551.75 599.15 570.36 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 25 115,034 304.87 325.25 311.15 184B 3 Loin, top butt, CC (IM) 7 155,623 370.00 443.00 376.59 185A 4 Loin, bottom sirloin, flap 14 128,915 581.27 669.25 607.11 185B 1 Loin, ball-tip, bnls, heavy 8 30,869 335.55 350.25 341.10 185C 1 Loin, sirloin, tri-tip (IM) 8 21,668 304.00 335.00 307.77 185D 4 Loin, tri-tip, pld (IM) 5 10,943 415.00 536.50 462.70 189A 4 Loin, tndrloin, trmd, heavy 42 221,395 920.00 1089.00 932.76 191A 4 Loin, butt tender, trimmed 4 5,809 836.00 850.99 842.12 193 4 Flank, flank steak (IM) 9 7,091 570.00 590.25 581.92 -------------------------------------------------------------------------------- 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 8 42,651 446.91 519.25 450.25 112A 3 Rib, ribeye, bnls, light 7 54,549 519.50 572.00 528.26 112A 3 Rib, ribeye, bnls, heavy 16 55,867 519.57 586.50 528.78 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 7 12,580 202.47 235.00 213.91 114A 3 Chuck, shoulder clod, trmd 7 20,284 215.00 238.00 220.62 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 4 8,066 310.00 336.99 326.98 116A 3 Chuck, roll, lxl, neck/off 21 132,950 239.00 273.25 246.92 116B 1 Chuck, chuck tender (IM) 8 57,022 215.70 226.00 218.69 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 14 46,691 432.00 479.25 447.42 120 1 Brisket, deckle-off, bnls 8 51,606 245.00 264.25 251.76 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 5 10,679 218.00 246.50 222.45 168 1 Round, top inside round 3 4,462 212.00 213.00 212.33 168 3 Round, top inside round 12 204,850 214.07 225.00 217.69 169 5 Round, top inside, denuded 169A 5 Round, top inside, cap off 3 11,353 269.20 290.00 278.13 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 5 3,665 200.00 219.25 210.59 171C 3 Round, eye of round (IM) 4 10,430 217.02 223.00 219.23 174 3 Loin, short loin, 0x1 4 13,764 370.00 405.00 375.85 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 7 27,239 370.00 399.00 380.12 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 9 66,278 249.00 278.60 253.86 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 3 3,173 509.00 551.50 531.16 185B 1 Loin, ball-tip, bnls, heavy 7 83,787 219.99 247.00 220.41 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 6 6,867 805.00 820.00 811.08 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 8 5,793 438.15 471.50 450.43 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 14 59,485 436.00 464.50 445.73 121C 4 Plate, Outside Skirt (IM) 17 45,655 630.07 861.00 656.30 121E 6 Outside Skirt, pld (IM) 3 4,212 846.82 983.00 950.47 Cap, Wedge Meat & (IM) Lean 33 204,504 235.00 274.58 244.90 Pectoral Meat 28 189,252 232.00 266.50 247.19 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 13 155,240 149.95 187.00 162.61 Ground Beef 75% Ground Beef 81% 34 248,175 164.00 211.00 177.20 Ground Beef 85% Ground Beef 90% Ground Beef 93% 11 29,270 261.00 295.00 278.96 Ground Beef Chuck 80% 14 35,461 179.00 219.00 198.06 Ground Beef Round 85% 3 9,960 245.00 251.75 250.21 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% Blended Ground Beef Chuck 80% 0 0 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 13 359,476 80.50 91.00 84.70 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 .