LM_XB402 Des Moines, IA Mon, Oct 02, 2017 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: 196.55 187.74 Change from prior day: (0.07) (0.76) -------------------------------------------------------------------------------- Choice/Select spread: 8.81 Total Load Count (Cuts, Trimmings, Grinds): 59 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 324.03 295.00 Primal Chuck 171.75 167.37 Primal Round 173.70 173.15 Primal Loin 238.61 220.44 Primal Brisket 154.05 152.79 Primal Short Plate 118.68 118.68 Primal Flank 95.13 90.64 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 09/29 59 28 8 25 120 196.62 188.50 09/28 49 32 17 30 128 196.41 189.11 09/27 67 44 14 26 150 195.30 189.91 09/26 47 17 24 17 105 196.78 193.11 09/25 45 14 20 7 86 193.96 190.89 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 195.81 190.31 -------------------------------------------------------------------------------- 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 27.90 loads 1,115,962 pounds Select Cuts 14.37 loads 574,802 pounds Trimmings 8.69 loads 347,651 pounds Ground Beef 8.18 loads 327,140 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 7 26,979 643.41 689.00 676.13 112A 3 Rib, ribeye, bnls, light 3 6,684 686.00 721.50 711.59 112A 3 Rib, ribeye, bnls, heavy 9 7,857 675.00 680.00 679.43 113C 1 Chuck, semi-bnls, neck/off 3 1,452 218.85 241.75 223.64 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 114D 3 Chuck, clod, top blade 5 4,551 304.15 308.79 304.82 114E 3 Chuck, clod, arm roast 6 4,074 270.00 285.00 276.41 114F 5 Chuck, clod tender (IM) 15 19,999 335.00 352.26 335.46 116A 3 Chuck, roll, lxl, neck/off 8 11,130 320.00 341.75 325.79 116B 1 Chuck, chuck tender (IM) 8 68,746 219.41 249.11 225.10 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 8 10,877 537.36 566.25 549.74 120 1 Brisket, deckle-off, bnls 19 168,553 209.50 236.55 230.08 120A 3 Brisket, point/off, bnls 6 7,469 360.00 385.00 382.73 123A 3 Short Plate, short rib 7 18,417 490.00 507.00 502.16 130 4 Chuck, short rib 16 21,012 330.15 375.00 365.43 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 12 56,760 224.77 249.70 228.28 168 1 Round, top inside round 5 14,022 203.00 222.44 214.86 168 3 Round, top inside round 9 32,854 201.00 231.75 210.06 169 5 Round, top inside, denuded 6 18,475 250.00 270.38 265.74 169A 5 Round, top inside, cap off 7 19,918 275.00 300.00 294.29 3 Round, top inside, side off 170 1 Round, bottom gooseneck 171B 3 Round, outside round 10 26,968 233.25 244.11 237.55 171C 3 Round, eye of round (IM) 11 133,744 250.00 281.34 266.09 174 3 Loin, short loin, 0x1 10 23,091 425.00 496.78 447.42 175 3 Loin, strip loin, 1x1 3 17,538 394.33 421.75 396.14 1 Loin, strip loin bnls. 1x1 6 6,193 455.00 455.00 455.00 180 3 Loin, strip, bnls, 0x1 11 21,330 500.00 516.78 505.88 184 1 Loin, top butt, bnls, heavy 4 5,327 240.00 240.00 240.00 184 3 Loin, top butt, boneless 10 46,664 248.00 276.00 258.39 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 10 40,834 395.00 420.17 404.68 185B 1 Loin, ball-tip, bnls, heavy 15 154,350 210.00 230.61 216.86 185C 1 Loin, sirloin, tri-tip (IM) 6 7,253 235.00 253.52 247.31 185D 4 Loin, tri-tip, pld (IM) 5 2,706 320.00 360.00 340.50 189A 4 Loin, tndrloin, trmd, heavy 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 6 7,792 405.00 435.00 415.71 -------------------------------------------------------------------------------- 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 3,923 541.31 621.75 563.11 112A 3 Rib, ribeye, bnls, light 4 7,185 650.00 681.75 666.74 112A 3 Rib, ribeye, bnls, heavy 8 13,218 625.79 683.00 655.54 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 4 2,235 335.00 335.00 335.00 116A 3 Chuck, roll, lxl, neck/off 6 25,026 321.00 340.19 338.33 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 12 10,035 475.00 492.71 489.11 120 1 Brisket, deckle-off, bnls 9 167,937 211.22 233.51 228.35 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 4 5,924 224.16 232.00 227.27 168 1 Round, top inside round 168 3 Round, top inside round 3 11,886 203.00 235.67 213.28 169 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 171B 3 Round, outside round 0 0 171C 3 Round, eye of round (IM) 4 4,906 255.00 280.20 277.84 174 3 Loin, short loin, 0x1 6 18,093 393.00 512.57 428.25 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 22 41,388 416.08 458.01 428.75 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 5 52,807 215.00 215.00 215.00 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 5 30,318 825.00 885.30 834.45 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 3 6,268 124.69 140.00 129.22 121D 4 Plate, Inside Skirt (IM) 6 6,192 342.57 345.00 343.38 121C 4 Plate, Outside Skirt (IM) 10 10,034 465.00 536.75 474.07 121E 6 Outside Skirt, pld (IM) 4 4,609 701.13 721.78 707.72 Cap, Wedge Meat & (IM) Lean 18 20,308 249.25 265.00 257.88 Pectoral Meat 9 35,454 266.34 280.00 269.15 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 4 7,448 140.00 151.00 143.02 Ground Beef 75% Ground Beef 81% 11 155,990 163.00 185.77 167.71 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 0 0 Ground Beef Chuck 80% 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% Blended Ground Beef Round 85% Blended Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 13 333,241 43.00 46.75 45.66 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 1100C .