LM_XB402 Des Moines, IA Fri, Oct 06, 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: 197.39 188.15 Change from prior day: 0.14 (0.63) -------------------------------------------------------------------------------- Choice/Select spread: 9.24 Total Load Count (Cuts, Trimmings, Grinds): 78 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 335.72 296.61 Primal Chuck 170.63 170.66 Primal Round 171.98 171.16 Primal Loin 240.06 219.80 Primal Brisket 155.85 151.76 Primal Short Plate 117.81 117.81 Primal Flank 91.74 88.99 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 10/05 65 44 6 22 138 197.25 188.78 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 197.27 188.83 -------------------------------------------------------------------------------- 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 29.41 loads 1,176,252 pounds Select Cuts 13.85 loads 553,918 pounds Trimmings 12.09 loads 483,774 pounds Ground Beef 22.95 loads 917,815 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 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 8 23,550 685.00 774.65 722.93 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 8 63,879 203.66 220.25 209.10 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 4 54,784 255.75 275.00 264.91 114F 5 Chuck, clod tender (IM) 8 10,196 345.00 350.71 346.79 116A 3 Chuck, roll, lxl, neck/off 14 35,392 323.69 345.00 331.75 116B 1 Chuck, chuck tender (IM) 10 37,766 217.75 236.19 228.01 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 3 8,374 540.00 550.24 545.30 120 1 Brisket, deckle-off, bnls 5 11,876 224.71 246.50 230.79 120A 3 Brisket, point/off, bnls 4 5,403 425.00 434.00 426.30 123A 3 Short Plate, short rib 4 2,094 479.50 502.00 493.44 130 4 Chuck, short rib 11 25,242 320.00 359.00 341.50 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 23 62,900 224.00 251.25 231.58 168 1 Round, top inside round 6 9,479 200.00 235.81 209.94 168 3 Round, top inside round 12 94,257 210.00 227.63 214.20 169 5 Round, top inside, denuded 14 47,507 247.08 281.25 251.88 169A 5 Round, top inside, cap off 6 57,298 273.33 290.00 276.27 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 13 112,628 211.00 241.25 215.51 171C 3 Round, eye of round (IM) 12 26,157 270.00 277.25 274.32 174 3 Loin, short loin, 0x1 10 28,426 433.71 449.00 441.96 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 6 5,263 430.00 462.00 445.95 180 3 Loin, strip, bnls, 0x1 14 28,168 514.00 540.00 520.41 184 1 Loin, top butt, bnls, heavy 8 29,790 225.00 242.89 230.87 184 3 Loin, top butt, boneless 11 41,809 250.00 272.25 260.36 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 8 18,470 404.00 422.75 415.53 185B 1 Loin, ball-tip, bnls, heavy 12 43,835 210.00 230.45 219.48 185C 1 Loin, sirloin, tri-tip (IM) 11 41,465 238.00 276.23 254.70 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 19 134,619 899.66 962.97 905.85 191A 4 Loin, butt tender, trimmed 4 21,751 820.00 917.00 870.20 193 4 Flank, flank steak (IM) 8 12,725 421.75 442.75 428.07 -------------------------------------------------------------------------------- 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 112A 3 Rib, ribeye, bnls, heavy 6 24,995 644.71 683.50 660.47 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 3 8,809 200.00 212.88 211.40 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 9,772 330.00 350.71 332.93 116A 3 Chuck, roll, lxl, neck/off 6 22,343 325.00 354.00 337.96 116B 1 Chuck, chuck tender (IM) 3 4,845 225.00 233.37 229.15 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 4 3,925 234.56 250.00 235.95 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 0 0 130 4 Chuck, short rib 3 6,186 319.51 344.00 323.44 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 5 18,071 227.00 238.00 230.75 168 1 Round, top inside round 5 9,502 200.00 235.81 214.03 168 3 Round, top inside round 3 4,057 209.00 222.00 216.70 169 5 Round, top inside, denuded 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 4 10,842 229.00 235.45 229.88 171C 3 Round, eye of round (IM) 174 3 Loin, short loin, 0x1 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 3 2,731 435.00 435.00 435.00 184 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 3 24,995 370.00 396.00 370.72 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 12 160,333 240.00 255.00 247.52 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 9 53,211 859.90 908.43 872.84 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 3 10,895 390.00 390.00 390.00 -------------------------------------------------------------------------------- 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) 9 28,343 341.51 359.00 345.58 121C 4 Plate, Outside Skirt (IM) 14 29,179 435.28 510.00 457.96 121E 6 Outside Skirt, pld (IM) 5 5,548 715.00 727.00 724.11 Cap, Wedge Meat & (IM) Lean 14 34,540 242.90 280.00 255.44 Pectoral Meat 11 16,055 250.00 283.50 264.28 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 10 108,248 125.00 145.27 127.12 Ground Beef 75% Ground Beef 81% 35 235,686 145.00 190.96 156.88 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 7 88,921 290.00 300.96 297.71 Ground Beef Chuck 80% 8 146,098 165.00 172.72 169.32 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% 0 0 Blended Ground Beef 93% Blended Ground Beef Chuck 80% Blended Ground Beef Round 85% Blended Ground Beef Sirloin 90% -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 13 279,054 42.00 49.00 45.06 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 .