LM_XB402 Des Moines, IA Wed, Oct 04, 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: 197.67 189.57 Change from prior day: (0.20) 0.55 -------------------------------------------------------------------------------- Choice/Select spread: 8.10 Total Load Count (Cuts, Trimmings, Grinds): 59 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 335.13 300.21 Primal Chuck 170.48 168.32 Primal Round 174.67 174.25 Primal Loin 238.41 224.05 Primal Brisket 155.36 150.95 Primal Short Plate 118.79 118.79 Primal Flank 94.64 91.23 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 10/03 57 26 12 20 114 197.87 189.02 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 196.68 188.96 -------------------------------------------------------------------------------- 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 31.28 loads 1,251,374 pounds Select Cuts 12.44 loads 497,465 pounds Trimmings 0.00 loads 0 pounds Ground Beef 15.71 loads 628,562 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 2,841 675.00 686.00 678.69 112A 3 Rib, ribeye, bnls, light 8 5,567 770.00 774.42 770.34 112A 3 Rib, ribeye, bnls, heavy 68 48,037 680.00 775.00 724.53 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 21 44,295 200.20 225.00 215.79 114D 3 Chuck, clod, top blade 6 8,962 307.48 316.00 312.68 114E 3 Chuck, clod, arm roast 5 25,278 267.00 280.75 269.08 114F 5 Chuck, clod tender (IM) 12 6,297 323.36 345.00 344.75 116A 3 Chuck, roll, lxl, neck/off 42 38,711 318.74 339.00 328.89 116B 1 Chuck, chuck tender (IM) 32 41,789 223.00 240.19 229.45 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 5 4,052 547.04 577.50 573.38 120 1 Brisket, deckle-off, bnls 45 139,247 221.75 241.50 233.87 120A 3 Brisket, point/off, bnls 6 4,878 425.00 431.42 425.10 123A 3 Short Plate, short rib 20 15,981 483.46 516.75 503.91 130 4 Chuck, short rib 29 18,975 324.00 360.00 345.86 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 54 66,091 225.00 245.00 233.18 168 1 Round, top inside round 60 46,052 209.00 215.00 212.58 168 3 Round, top inside round 20 42,019 210.00 225.67 217.69 169 5 Round, top inside, denuded 10 64,369 237.00 271.38 251.79 169A 5 Round, top inside, cap off 13 63,980 261.47 300.00 269.93 3 Round, top inside, side off 170 1 Round, bottom gooseneck 171B 3 Round, outside round 51 106,329 222.00 255.00 232.11 171C 3 Round, eye of round (IM) 54 23,948 266.00 292.26 276.89 174 3 Loin, short loin, 0x1 11 12,645 442.75 448.74 443.49 175 3 Loin, strip loin, 1x1 4 16,603 391.45 425.00 396.14 1 Loin, strip loin bnls. 1x1 6 3,830 455.00 488.69 469.95 180 3 Loin, strip, bnls, 0x1 65 53,454 499.70 540.00 528.01 184 1 Loin, top butt, bnls, heavy 6 2,565 255.00 266.00 260.38 184 3 Loin, top butt, boneless 41 120,191 239.00 276.00 252.01 184B 3 Loin, top butt, CC (IM) 3 2,324 342.00 342.00 342.00 185A 4 Loin, bottom sirloin, flap 31 34,265 375.00 420.00 406.69 185B 1 Loin, ball-tip, bnls, heavy 28 30,387 212.00 250.00 223.01 185C 1 Loin, sirloin, tri-tip (IM) 9 7,513 248.00 260.00 254.20 185D 4 Loin, tri-tip, pld (IM) 15 6,973 321.25 345.00 338.97 189A 4 Loin, tndrloin, trmd, heavy 45 52,481 895.00 957.74 919.01 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 12 11,451 399.00 440.00 420.94 -------------------------------------------------------------------------------- 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 7 3,630 568.36 603.00 576.21 112A 3 Rib, ribeye, bnls, light 11 41,135 625.75 670.00 642.34 112A 3 Rib, ribeye, bnls, heavy 10 10,890 627.00 682.00 657.55 113C 1 Chuck, semi-bnls, neck/off 4 4,687 214.75 225.00 218.47 114 1 Chuck, shoulder clod 4 10,290 207.17 218.00 216.22 114A 3 Chuck, shoulder clod, trmd 3 6,991 210.00 225.00 212.16 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 5 16,501 317.20 345.00 320.15 116A 3 Chuck, roll, lxl, neck/off 12 24,857 310.00 340.00 323.19 116B 1 Chuck, chuck tender (IM) 6 28,181 223.00 241.67 223.65 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 4 7,478 492.71 510.00 507.70 120 1 Brisket, deckle-off, bnls 9 17,388 221.75 250.00 231.20 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 5 9,636 320.38 370.00 335.93 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 8 11,300 225.00 260.00 232.11 168 1 Round, top inside round 6 4,693 215.00 236.22 218.37 168 3 Round, top inside round 6 9,501 213.00 227.00 218.69 169 5 Round, top inside, denuded 3 4,041 255.00 267.00 260.14 169A 5 Round, top inside, cap off 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 8 9,050 224.00 250.00 241.08 171C 3 Round, eye of round (IM) 13 16,100 270.13 280.20 274.57 174 3 Loin, short loin, 0x1 10 45,947 420.00 507.09 461.26 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 13 17,977 416.75 441.22 429.40 184 1 Loin, top butt, bnls, heavy 5 2,745 218.23 236.98 227.94 184 3 Loin, top butt, boneless 10 8,649 234.00 274.00 257.86 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 7 13,758 375.00 451.50 406.65 185B 1 Loin, ball-tip, bnls, heavy 8 31,648 200.00 230.00 214.96 185C 1 Loin, sirloin, tri-tip (IM) 4 10,551 223.36 250.67 238.01 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 6 22,912 835.08 870.00 860.30 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 6 2,764 399.00 420.00 407.58 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 0 0 121D 4 Plate, Inside Skirt (IM) 13 24,679 335.00 377.81 344.39 121C 4 Plate, Outside Skirt (IM) 13 9,838 460.00 550.00 517.48 121E 6 Outside Skirt, pld (IM) 6 17,051 648.27 764.00 673.28 Cap, Wedge Meat & (IM) Lean 22 37,672 242.86 275.00 256.61 Pectoral Meat 32 40,163 253.46 280.00 267.67 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 19 242,777 120.00 151.50 128.84 Ground Beef 75% Ground Beef 81% 61 204,803 152.00 185.00 163.64 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 4 9,155 298.50 298.50 298.50 Ground Beef Chuck 80% 13 62,354 164.00 199.22 171.93 Ground Beef Round 85% Ground Beef Sirloin 90% -------------------------------------------------------------------------------- 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% 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 0 0 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 1100C .