LM_XB402 Des Moines, IA Tue, Oct 03, 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: 198.55 189.47 Change from prior day: 1.33 1.19 -------------------------------------------------------------------------------- Choice/Select spread: 9.08 Total Load Count (Cuts, Trimmings, Grinds): 56 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 340.95 302.12 Primal Chuck 171.45 169.83 Primal Round 172.57 171.55 Primal Loin 240.11 222.10 Primal Brisket 154.32 154.12 Primal Short Plate 119.56 119.56 Primal Flank 95.78 92.27 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 10/02 47 27 12 15 100 197.22 188.28 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 196.46 189.78 -------------------------------------------------------------------------------- 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 27.77 loads 1,110,752 pounds Select Cuts 13.74 loads 549,462 pounds Trimmings 6.69 loads 267,507 pounds Ground Beef 7.61 loads 304,316 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 8 27,988 642.00 724.00 703.99 112A 3 Rib, ribeye, bnls, light 6 15,995 709.00 742.50 735.00 112A 3 Rib, ribeye, bnls, heavy 4 2,429 675.00 680.00 678.83 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 9 177,166 198.65 230.65 200.52 114D 3 Chuck, clod, top blade 3 9,581 296.00 325.45 297.24 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender (IM) 3 1,465 335.00 351.50 340.28 116A 3 Chuck, roll, lxl, neck/off 19 59,489 317.75 338.77 320.70 116B 1 Chuck, chuck tender (IM) 7 9,704 227.00 245.00 233.74 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 6 5,877 545.45 557.00 549.48 120 1 Brisket, deckle-off, bnls 20 133,374 225.00 243.00 229.57 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 6 7,907 475.00 511.00 488.97 130 4 Chuck, short rib 9 20,310 328.77 375.65 343.14 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 21 62,983 225.00 261.00 232.36 168 1 Round, top inside round 5 10,031 203.00 220.00 208.53 168 3 Round, top inside round 12 29,467 215.50 243.65 221.30 169 5 Round, top inside, denuded 4 22,628 232.50 266.00 246.25 169A 5 Round, top inside, cap off 3 4,120 278.74 292.00 287.15 3 Round, top inside, side off 170 1 Round, bottom gooseneck 171B 3 Round, outside round 16 68,874 222.75 250.00 229.82 171C 3 Round, eye of round (IM) 15 55,725 254.60 286.00 277.00 174 3 Loin, short loin, 0x1 6 4,226 439.00 463.75 444.48 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 3 11,332 451.30 455.00 451.91 180 3 Loin, strip, bnls, 0x1 18 28,512 496.75 540.00 512.13 184 1 Loin, top butt, bnls, heavy 3 2,987 235.00 240.00 239.60 184 3 Loin, top butt, boneless 7 6,790 250.00 267.50 261.26 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 13 153,505 372.97 480.50 380.16 185B 1 Loin, ball-tip, bnls, heavy 13 28,316 210.00 236.38 225.89 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 5 3,559 342.00 362.00 345.42 189A 4 Loin, tndrloin, trmd, heavy 7 10,638 900.00 973.00 930.12 191A 4 Loin, butt tender, trimmed 6 5,773 850.60 883.77 851.87 193 4 Flank, flank steak (IM) 9 9,200 400.55 450.00 424.16 -------------------------------------------------------------------------------- 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 3 13,026 561.81 572.86 572.33 112A 3 Rib, ribeye, bnls, light 3 7,895 630.00 682.50 653.30 112A 3 Rib, ribeye, bnls, heavy 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 5 16,414 200.28 223.91 207.70 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 4 6,791 328.00 340.15 330.12 116A 3 Chuck, roll, lxl, neck/off 8 29,525 318.00 350.00 326.87 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 3 5,483 317.00 325.50 317.83 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 5 6,401 226.00 262.00 232.48 168 1 Round, top inside round 168 3 Round, top inside round 7 8,873 208.00 221.00 211.32 169 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 0 0 171B 3 Round, outside round 7 101,858 214.54 245.37 220.50 171C 3 Round, eye of round (IM) 5 9,799 273.77 284.10 281.41 174 3 Loin, short loin, 0x1 4 4,559 410.00 430.37 421.07 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 5 5,866 241.75 283.25 247.89 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 6 80,146 370.00 383.00 372.61 185B 1 Loin, ball-tip, bnls, heavy 3 6,831 197.00 210.47 200.95 185C 1 Loin, sirloin, tri-tip (IM) 0 0 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 6 1,084 874.60 911.17 887.07 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 7 13,280 385.00 409.08 392.05 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 11 35,076 330.06 351.75 343.70 121C 4 Plate, Outside Skirt (IM) 5 5,718 475.00 546.00 509.16 121E 6 Outside Skirt, pld (IM) 7 14,394 686.83 702.65 693.42 Cap, Wedge Meat & (IM) Lean 15 119,537 243.00 275.00 250.93 Pectoral Meat 9 28,044 256.01 278.00 267.31 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 9 137,098 126.00 150.00 133.85 Ground Beef 75% Ground Beef 81% 31 88,071 151.00 181.50 168.96 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 3 1,565 275.00 301.67 295.74 Ground Beef Chuck 80% 5 32,440 165.00 188.05 168.13 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% 0 0 Blended Ground Beef 81% Blended Ground Beef 85% 0 0 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% 0 0 -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 13 265,407 44.29 59.00 47.47 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 .