LM_XB402 Des Moines, IA Thu, Oct 05, 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: 197.66 189.22 Change from prior day: 0.25 (0.33) -------------------------------------------------------------------------------- Choice/Select spread: 8.44 Total Load Count (Cuts, Trimmings, Grinds): 75 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 333.19 300.01 Primal Chuck 172.90 169.49 Primal Round 173.35 171.07 Primal Loin 237.58 223.70 Primal Brisket 155.85 155.13 Primal Short Plate 118.69 118.69 Primal Flank 93.18 88.53 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 10/04 48 23 16 32 118 197.41 189.55 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 197.10 188.89 -------------------------------------------------------------------------------- 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 34.73 loads 1,389,123 pounds Select Cuts 27.92 loads 1,116,909 pounds Trimmings 3.18 loads 127,205 pounds Ground Beef 9.57 loads 382,822 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 5,417 635.00 675.00 653.07 112A 3 Rib, ribeye, bnls, light 7 19,781 767.61 794.25 786.97 112A 3 Rib, ribeye, bnls, heavy 24 43,681 728.50 775.75 747.35 113C 1 Chuck, semi-bnls, neck/off 4 18,000 217.00 225.00 220.15 114 1 Chuck, shoulder clod 6 16,046 195.25 216.00 203.51 114A 3 Chuck, shoulder clod, trmd 8 20,309 204.83 245.00 220.82 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 3 1,924 275.00 296.42 293.14 114F 5 Chuck, clod tender (IM) 7 3,604 345.00 371.50 346.95 116A 3 Chuck, roll, lxl, neck/off 12 33,257 324.00 350.00 330.72 116B 1 Chuck, chuck tender (IM) 10 11,164 228.42 239.50 234.45 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 3 5,469 562.00 576.75 564.95 120 1 Brisket, deckle-off, bnls 21 109,935 219.00 242.88 233.38 120A 3 Brisket, point/off, bnls 5 4,118 385.00 430.25 409.46 123A 3 Short Plate, short rib 13 23,873 477.00 518.75 505.75 130 4 Chuck, short rib 19 30,605 311.25 351.91 335.02 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 20 27,004 227.00 261.00 233.27 168 1 Round, top inside round 8 38,966 200.00 215.00 209.04 168 3 Round, top inside round 16 102,255 214.00 231.75 215.57 169 5 Round, top inside, denuded 6 15,356 242.00 265.00 251.51 169A 5 Round, top inside, cap off 4 15,865 282.75 297.65 284.24 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 3 1,076 218.00 226.50 223.63 171B 3 Round, outside round 23 108,008 214.00 240.00 223.60 171C 3 Round, eye of round (IM) 17 38,846 269.00 285.00 277.63 174 3 Loin, short loin, 0x1 7 5,493 445.00 451.19 445.93 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 3 3,114 455.00 462.00 458.76 180 3 Loin, strip, bnls, 0x1 26 110,154 500.00 537.61 514.48 184 1 Loin, top butt, bnls, heavy 3 4,169 230.00 230.00 230.00 184 3 Loin, top butt, boneless 30 152,428 235.00 271.25 241.32 184B 3 Loin, top butt, CC (IM) 5 42,888 330.00 347.00 330.55 185A 4 Loin, bottom sirloin, flap 14 23,052 384.27 425.50 403.19 185B 1 Loin, ball-tip, bnls, heavy 13 64,204 210.00 226.00 220.36 185C 1 Loin, sirloin, tri-tip (IM) 14 33,917 241.00 275.23 259.67 185D 4 Loin, tri-tip, pld (IM) 4 1,606 336.50 361.42 343.40 189A 4 Loin, tndrloin, trmd, heavy 15 51,081 900.00 951.42 910.99 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 4 7,097 385.00 417.00 400.05 -------------------------------------------------------------------------------- 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 9,826 527.57 576.00 537.07 112A 3 Rib, ribeye, bnls, light 6 11,046 636.00 695.25 668.72 112A 3 Rib, ribeye, bnls, heavy 16 40,165 624.30 680.25 640.16 113C 1 Chuck, semi-bnls, neck/off 3 5,702 211.25 225.00 214.71 114 1 Chuck, shoulder clod 5 48,090 188.66 208.00 191.24 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) 116A 3 Chuck, roll, lxl, neck/off 11 26,908 310.00 341.57 326.48 116B 1 Chuck, chuck tender (IM) 4 11,730 225.00 230.00 229.25 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 3 2,929 220.46 235.00 226.36 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 6 94,798 298.86 320.00 300.94 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 6 15,199 225.00 235.00 226.24 168 1 Round, top inside round 168 3 Round, top inside round 8 17,906 208.00 241.57 217.07 169 5 Round, top inside, denuded 0 0 169A 5 Round, top inside, cap off 5 25,584 271.00 286.31 283.51 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 15 165,455 207.50 241.57 208.99 171C 3 Round, eye of round (IM) 15 53,691 269.75 284.10 275.32 174 3 Loin, short loin, 0x1 14 16,918 415.00 480.25 433.03 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 11 129,077 400.00 440.00 404.40 184 1 Loin, top butt, bnls, heavy 8 13,702 226.42 231.91 229.69 184 3 Loin, top butt, boneless 9 51,067 228.00 255.27 245.96 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 3 17,530 370.00 410.00 370.79 185B 1 Loin, ball-tip, bnls, heavy 4 29,985 215.00 220.00 215.06 185C 1 Loin, sirloin, tri-tip (IM) 10 106,803 231.01 244.66 236.91 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 6 5,702 837.49 909.61 875.61 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 3 13,339 375.00 408.00 375.80 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 13 97,442 334.10 355.00 346.71 121C 4 Plate, Outside Skirt (IM) 18 35,017 460.00 536.00 491.17 121E 6 Outside Skirt, pld (IM) 3 14,394 681.02 725.46 711.51 Cap, Wedge Meat & (IM) Lean 27 140,915 247.00 277.82 254.05 Pectoral Meat 18 66,506 261.80 272.00 267.40 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 19 82,979 120.00 148.67 130.07 Ground Beef 75% Ground Beef 81% 28 113,206 150.00 179.08 160.41 Ground Beef 85% Ground Beef 90% Ground Beef 93% 10 50,446 286.00 305.17 292.05 Ground Beef Chuck 80% 10 44,858 167.00 191.55 173.76 Ground Beef Round 85% 3 3,633 250.00 252.00 251.62 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% Blended Ground Beef 90% 0 0 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 7 127,205 39.00 52.00 43.45 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 .