LM_XB402 Des Moines, IA Thu, Oct 12, 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: 196.95 189.27 Change from prior day: 0.63 0.51 -------------------------------------------------------------------------------- Choice/Select spread: 7.68 Total Load Count (Cuts, Trimmings, Grinds): 55 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 343.07 306.85 Primal Chuck 168.60 167.44 Primal Round 168.98 169.19 Primal Loin 238.82 223.99 Primal Brisket 157.94 158.75 Primal Short Plate 118.84 118.84 Primal Flank 94.25 89.96 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 10/11 90 43 19 32 185 196.32 188.76 10/10 63 23 12 24 123 197.40 190.02 10/09 47 25 6 15 94 198.13 188.66 10/06 58 29 14 28 129 197.22 187.23 10/05 65 44 6 22 138 197.25 188.78 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 197.26 188.69 -------------------------------------------------------------------------------- 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 30.61 loads 1,224,555 pounds Select Cuts 16.61 loads 664,248 pounds Trimmings 0.00 loads 0 pounds Ground Beef 7.37 loads 294,743 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 49,148 630.92 696.22 640.12 112A 3 Rib, ribeye, bnls, light 5 9,052 792.00 807.25 803.82 112A 3 Rib, ribeye, bnls, heavy 12 7,464 765.00 771.25 769.80 113C 1 Chuck, semi-bnls, neck/off 8 16,457 215.00 224.50 217.00 114 1 Chuck, shoulder clod 5 24,432 185.75 203.00 191.61 114A 3 Chuck, shoulder clod, trmd 7 89,617 194.70 218.00 198.32 114D 3 Chuck, clod, top blade 4 11,899 292.00 318.71 311.70 114E 3 Chuck, clod, arm roast 3 2,440 246.50 260.00 250.08 114F 5 Chuck, clod tender (IM) 5 4,722 345.00 376.75 353.64 116A 3 Chuck, roll, lxl, neck/off 18 39,041 306.00 330.00 320.92 116B 1 Chuck, chuck tender (IM) 14 22,330 216.00 230.00 225.75 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 17 77,298 230.50 245.00 238.02 120A 3 Brisket, point/off, bnls 4 10,559 420.00 435.58 422.08 123A 3 Short Plate, short rib 12 17,215 475.00 506.75 494.01 130 4 Chuck, short rib 17 20,997 310.50 349.65 325.64 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 29 101,371 223.58 256.00 228.14 168 1 Round, top inside round 6 9,030 206.00 218.00 213.33 168 3 Round, top inside round 17 96,089 212.25 226.00 213.76 169 5 Round, top inside, denuded 12 19,509 248.00 265.00 255.91 169A 5 Round, top inside, cap off 3 11,348 289.00 297.35 295.93 3 Round, top inside, side off 170 1 Round, bottom gooseneck 5 6,317 199.50 216.50 203.06 171B 3 Round, outside round 16 55,773 203.00 220.00 208.83 171C 3 Round, eye of round (IM) 28 63,332 269.70 282.75 276.90 174 3 Loin, short loin, 0x1 11 103,250 419.76 457.25 427.65 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 11 26,650 516.00 540.00 522.48 184 1 Loin, top butt, bnls, heavy 11 43,689 225.00 240.00 229.80 184 3 Loin, top butt, boneless 16 48,807 240.00 272.26 261.84 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 17 62,837 394.10 472.25 406.13 185B 1 Loin, ball-tip, bnls, heavy 10 26,389 220.00 240.75 222.05 185C 1 Loin, sirloin, tri-tip (IM) 7 20,962 250.00 272.14 262.99 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 10 38,047 915.00 1026.25 944.49 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 8 4,840 425.50 460.25 431.62 -------------------------------------------------------------------------------- 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 3 11,383 642.85 665.00 652.64 112A 3 Rib, ribeye, bnls, heavy 10 9,722 629.83 685.00 664.57 113C 1 Chuck, semi-bnls, neck/off 6 11,834 215.00 219.58 216.95 114 1 Chuck, shoulder clod 12 26,284 185.75 206.00 192.65 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 5,668 335.00 345.00 337.12 116A 3 Chuck, roll, lxl, neck/off 10 9,352 300.00 331.00 315.24 116B 1 Chuck, chuck tender (IM) 3 7,962 224.00 234.82 229.25 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 3 4,662 230.00 240.00 238.20 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 0 0 167A 4 Round, knuckle, peeled 9 19,831 223.27 234.50 231.65 168 1 Round, top inside round 168 3 Round, top inside round 12 23,028 210.00 218.58 215.60 169 5 Round, top inside, denuded 169A 5 Round, top inside, cap off 3 1,689 289.00 297.00 290.91 3 Round, top inside, side off 170 1 Round, bottom gooseneck 171B 3 Round, outside round 8 31,357 203.00 215.00 206.56 171C 3 Round, eye of round (IM) 10 17,434 274.82 280.50 276.93 174 3 Loin, short loin, 0x1 9 16,880 414.00 430.25 416.05 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 9 15,459 405.00 450.00 416.93 184 1 Loin, top butt, bnls, heavy 8 11,684 220.00 230.00 229.88 184 3 Loin, top butt, boneless 6 9,843 239.00 254.00 246.48 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 5 8,902 380.00 425.60 393.34 185B 1 Loin, ball-tip, bnls, heavy 3 10,655 222.80 230.00 228.93 185C 1 Loin, sirloin, tri-tip (IM) 3 5,367 228.58 250.00 248.06 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 9 15,659 870.00 918.00 903.83 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 5 3,568 379.00 425.50 416.28 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 8 192,783 92.76 125.00 95.33 121D 4 Plate, Inside Skirt (IM) 14 44,116 340.00 355.75 349.04 121C 4 Plate, Outside Skirt (IM) 21 24,848 447.00 551.75 491.77 121E 6 Outside Skirt, pld (IM) 3 1,756 685.50 713.00 700.36 Cap, Wedge Meat & (IM) Lean 17 56,901 247.00 277.58 263.95 Pectoral Meat 6 15,518 265.00 272.00 267.04 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 11 61,241 130.00 145.25 135.43 Ground Beef 75% Ground Beef 81% 25 129,040 160.00 170.25 162.98 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 3 3,584 295.00 303.50 301.63 Ground Beef Chuck 80% 5 10,465 164.22 179.00 174.43 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% 0 0 Blended Ground Beef 75% Blended Ground Beef 81% Blended Ground Beef 85% Blended Ground Beef 90% 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 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 .