LM_XB402 Des Moines, IA Mon, Oct 09, 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: 197.74 186.95 Change from prior day: 0.52 (0.28) -------------------------------------------------------------------------------- Choice/Select spread: 10.79 Total Load Count (Cuts, Trimmings, Grinds): 46 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 337.49 299.46 Primal Chuck 172.29 168.54 Primal Round 167.96 167.97 Primal Loin 242.94 219.93 Primal Brisket 155.52 148.33 Primal Short Plate 117.18 117.18 Primal Flank 91.77 88.95 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 10/06 58 29 14 28 129 197.22 187.23 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 197.39 188.57 -------------------------------------------------------------------------------- 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 25.46 loads 1,018,408 pounds Select Cuts 11.81 loads 472,253 pounds Trimmings 0.00 loads 0 pounds Ground Beef 9.18 loads 367,310 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 12 88,439 638.00 740.56 655.61 112A 3 Rib, ribeye, bnls, light 6 50,661 750.00 795.06 775.64 112A 3 Rib, ribeye, bnls, heavy 6 4,065 727.54 783.46 751.60 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 4 5,068 200.00 208.00 202.47 114A 3 Chuck, shoulder clod, trmd 114D 3 Chuck, clod, top blade 4 2,646 304.14 306.21 305.53 114E 3 Chuck, clod, arm roast 10 45,558 255.00 285.00 257.51 114F 5 Chuck, clod tender (IM) 5 9,800 347.00 350.00 347.63 116A 3 Chuck, roll, lxl, neck/off 10 18,817 321.75 351.86 329.33 116B 1 Chuck, chuck tender (IM) 7 37,541 215.00 236.86 219.30 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 9 11,934 525.99 556.32 548.33 120 1 Brisket, deckle-off, bnls 9 24,919 231.75 243.46 234.28 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 12 14,460 477.87 506.00 498.53 130 4 Chuck, short rib 15 15,433 316.86 375.00 359.79 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 12 36,937 225.00 253.46 230.78 168 1 Round, top inside round 4 4,771 215.00 219.06 215.32 168 3 Round, top inside round 8 29,935 209.00 236.00 213.78 169 5 Round, top inside, denuded 169A 5 Round, top inside, cap off 6 17,519 280.10 297.00 289.94 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 12 106,723 202.50 231.86 208.31 171C 3 Round, eye of round (IM) 15 49,330 250.00 284.21 271.16 174 3 Loin, short loin, 0x1 6 8,412 446.90 502.00 488.29 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 4 4,923 462.00 462.00 462.00 180 3 Loin, strip, bnls, 0x1 7 3,471 500.16 541.00 516.84 184 1 Loin, top butt, bnls, heavy 3 4,918 225.00 240.00 228.78 184 3 Loin, top butt, boneless 7 5,977 251.19 268.46 256.31 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 6 7,756 394.24 425.00 408.10 185B 1 Loin, ball-tip, bnls, heavy 5 22,007 212.00 230.00 218.91 185C 1 Loin, sirloin, tri-tip (IM) 4 13,936 250.00 260.00 250.66 185D 4 Loin, tri-tip, pld (IM) 6 3,781 335.00 366.00 342.72 189A 4 Loin, tndrloin, trmd, heavy 11 187,625 899.77 971.00 901.80 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 14 34,423 387.00 445.00 405.22 -------------------------------------------------------------------------------- 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 4 19,532 566.62 585.00 582.45 112A 3 Rib, ribeye, bnls, light 4 16,349 613.00 629.83 624.34 112A 3 Rib, ribeye, bnls, heavy 4 6,340 652.81 661.62 660.26 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 3 11,757 200.59 215.00 212.16 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 5 36,158 329.49 345.00 335.05 116B 1 Chuck, chuck tender (IM) 6 10,043 210.00 238.46 214.62 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 5 8,656 504.90 525.00 520.41 120 1 Brisket, deckle-off, bnls 3 15,481 207.00 235.00 217.56 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 167A 4 Round, knuckle, peeled 6 6,519 226.00 242.00 232.11 168 1 Round, top inside round 168 3 Round, top inside round 5 13,322 210.00 235.00 216.97 169 5 Round, top inside, denuded 4 6,232 263.00 270.00 266.45 169A 5 Round, top inside, cap off 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 5 32,822 198.00 212.12 202.88 171B 3 Round, outside round 6 53,204 202.50 240.00 204.10 171C 3 Round, eye of round (IM) 4 3,140 275.00 289.00 278.36 174 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 4 20,879 406.00 436.62 410.40 184 1 Loin, top butt, bnls, heavy 3 1,752 230.00 235.00 230.91 184 3 Loin, top butt, boneless 7 6,270 227.00 268.00 243.81 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) 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 8 70,582 864.00 952.25 923.76 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 121D 4 Plate, Inside Skirt (IM) 11 63,847 345.00 381.62 350.51 121C 4 Plate, Outside Skirt (IM) 7 6,881 480.00 551.00 495.81 121E 6 Outside Skirt, pld (IM) 3 3,673 701.21 721.86 704.41 Cap, Wedge Meat & (IM) Lean 20 44,076 249.04 278.46 261.91 Pectoral Meat 13 71,260 258.00 280.00 269.35 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 4 34,074 134.00 165.00 138.37 Ground Beef 75% 0 0 Ground Beef 81% 9 74,379 150.00 182.42 158.96 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 3 3,535 270.00 297.87 286.87 Ground Beef Chuck 80% 4 78,625 155.00 182.50 166.23 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 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 .