LM_XB403 ***NEW YIELDS TAKE EFFECT TODAY*** Des Moines, IA Mon, Jan 07, 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 steady to firm on moderate to fairly good demand and moderate offerings. Select and Choice rib, chuck, round, and loin cuts steady to firm. Beef trimmings sharply lower on light to moderate demand and heavy offerings. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 214.28 208.21 Change from prior day: (0.23) 0.55 -------------------------------------------------------------------------------- Choice/Select spread: 6.07 Total Load Count (Cuts, Trimmings, Grinds): 128 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 345.96 317.22 Primal Chuck 176.64 174.69 Primal Round 172.72 175.91 Primal Loin 281.98 269.94 Primal Brisket 196.13 190.43 Primal Short Plate 151.24 151.24 Primal Flank 106.58 103.97 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 01/04 66 26 3 21 116 214.51 207.66 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 215.48 209.22 -------------------------------------------------------------------------------- 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 56.39 loads 2,255,435 pounds Select Cuts 17.65 loads 706,104 pounds Trimmings 29.73 loads 1,189,133 pounds Ground Beef 23.78 loads 951,323 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 9 55,708 621.00 703.95 679.54 112A 3 Rib, ribeye, bnls, light 12 48,574 730.00 760.81 731.72 112A 3 Rib, ribeye, bnls, heavy 13 30,686 715.75 759.80 724.60 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 11 49,517 187.44 210.00 197.10 114A 3 Chuck, shoulder clod, trmd 20 164,274 188.54 223.22 200.19 114D 3 Chuck, clod, top blade 8 10,154 327.03 349.00 331.69 114E 3 Chuck, clod, arm roast 15 34,300 247.00 282.27 255.49 114F 5 Chuck, clod tender (IM) 8 5,685 415.00 433.00 420.37 116A 3 Chuck, roll, lxl, neck/off 25 69,848 290.00 325.00 299.65 116B 1 Chuck, chuck tender (IM) 9 35,067 225.75 253.48 231.36 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 9 13,833 530.32 583.00 547.74 120 1 Brisket, deckle-off, bnls 18 291,456 278.82 299.00 281.32 120A 3 Brisket, point/off, bnls 4 3,311 490.00 508.00 492.16 123A 3 Short Plate, short rib 20 49,291 530.10 686.75 596.54 130 4 Chuck, short rib 22 116,028 299.00 430.00 346.86 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 26 95,627 228.01 266.75 239.96 168 1 Round, top inside round 168 3 Round, top inside round 20 113,040 213.00 239.00 220.67 169 5 Round, top inside, denuded 5 21,393 253.00 288.00 258.55 169A 5 Round, top inside, cap off 9 23,957 285.29 324.21 313.85 3 Round, top inside, side off 170 1 Round, bottom gooseneck 4 3,956 200.13 221.75 205.88 171B 3 Round, outside round 20 288,880 200.38 225.00 204.54 171C 3 Round, eye of round (IM) 22 62,513 235.00 280.00 257.98 174 3 Loin, short loin, 0x1 12 86,846 488.00 534.00 493.57 175 3 Loin, strip loin, 1x1 5 149,627 413.91 421.05 420.06 1 Loin, strip loin bnls. 1x1 3 2,164 478.00 478.00 478.00 180 3 Loin, strip, bnls, 0x1 10 18,161 514.74 554.00 533.44 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 19 105,330 342.58 371.00 356.90 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 20 54,048 486.00 560.75 509.68 185B 1 Loin, ball-tip, bnls, heavy 4 17,043 252.49 260.00 254.22 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 4 4,872 375.00 426.75 402.98 189A 4 Loin, tndrloin, trmd, heavy 15 43,302 1012.57 1079.00 1032.40 191A 4 Loin, butt tender, trimmed 5 3,389 983.00 1030.00 995.13 193 4 Flank, flank steak (IM) 9 25,350 462.00 491.75 476.12 -------------------------------------------------------------------------------- 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 14 43,182 621.05 720.75 651.82 112A 3 Rib, ribeye, bnls, heavy 12 43,554 635.00 706.75 656.74 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 6 87,189 196.53 208.30 197.41 114A 3 Chuck, shoulder clod, trmd 4 20,097 203.86 220.12 209.32 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 5 10,633 288.83 300.00 291.15 116B 1 Chuck, chuck tender (IM) 5 27,209 225.00 242.00 225.96 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 8 19,719 485.71 520.00 504.67 120 1 Brisket, deckle-off, bnls 7 25,193 270.00 282.83 272.82 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 10 35,805 238.00 263.00 244.37 168 1 Round, top inside round 168 3 Round, top inside round 5 14,520 223.86 232.00 229.63 169 5 Round, top inside, denuded 169A 5 Round, top inside, cap off 4 7,773 295.30 317.00 296.19 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 9 51,991 194.91 205.46 196.70 171B 3 Round, outside round 4 8,015 214.00 222.72 220.82 171C 3 Round, eye of round (IM) 8 19,640 240.25 268.00 253.88 174 3 Loin, short loin, 0x1 6 9,504 440.00 481.88 466.64 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 11 19,204 443.00 488.26 468.06 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 7 10,179 341.25 358.95 347.20 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 6 10,179 475.00 525.25 497.79 185B 1 Loin, ball-tip, bnls, heavy 3 113,128 207.32 210.00 209.20 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 5 3,702 1021.00 1060.00 1043.59 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 5 7,694 455.00 466.00 456.11 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 15 71,954 475.00 529.36 501.21 121C 4 Plate, Outside Skirt (IM) 15 15,678 640.00 696.00 662.52 121E 6 Outside Skirt, pld (IM) 8 15,135 883.90 908.86 890.92 Cap, Wedge Meat & (IM) Lean 15 25,298 299.75 334.00 308.95 Pectoral Meat 8 14,667 305.57 338.95 313.57 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 14 160,045 165.00 207.35 177.15 Ground Beef 75% Ground Beef 81% 26 407,254 163.65 216.13 179.08 Ground Beef 85% Ground Beef 90% Ground Beef 93% 6 23,606 293.00 310.28 300.31 Ground Beef Chuck 80% 9 119,249 196.50 212.35 204.05 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% Blended Ground Beef Chuck 80% 0 0 Blended Ground Beef Round 85% Blended Ground Beef Sirloin 90% -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 27 907,383 41.96 74.00 53.87 Frozen 50% lean trimmings -------------------------------------------------------------------------------- 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 .