LM_XB402 Des Moines, IA Tue, Apr 09, 2019 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: 228.97 219.97 Change from prior day: 0.30 (0.91) -------------------------------------------------------------------------------- Choice/Select spread: 9.00 Total Load Count (Cuts, Trimmings, Grinds): 68 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 380.38 354.31 Primal Chuck 178.45 177.14 Primal Round 175.65 177.18 Primal Loin 319.51 291.59 Primal Brisket 189.78 187.33 Primal Short Plate 170.87 170.87 Primal Flank 122.17 124.24 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/08 61 25 8 22 117 228.67 220.88 04/05 59 22 40 12 132 226.93 220.28 04/04 72 12 5 17 106 226.74 218.36 04/03 82 19 5 36 141 226.14 218.97 04/02 107 15 5 13 141 225.73 218.49 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 226.84 219.40 -------------------------------------------------------------------------------- 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 36.25 loads 1,449,950 pounds Select Cuts 12.33 loads 493,325 pounds Trimmings 4.17 loads 166,965 pounds Ground Beef 15.25 loads 609,987 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 3 19,690 710.00 760.00 710.44 112A 3 Rib, ribeye, bnls, light 3 7,194 818.00 856.50 823.21 112A 3 Rib, ribeye, bnls, heavy 9 23,273 798.00 850.03 812.28 113C 1 Chuck, semi-bnls, neck/off 3 8,661 235.00 250.00 236.12 114 1 Chuck, shoulder clod 4 15,101 217.99 228.07 226.64 114A 3 Chuck, shoulder clod, trmd 10 51,607 220.19 242.97 226.19 114D 3 Chuck, clod, top blade 3 5,372 378.57 385.37 380.80 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 0 0 116A 3 Chuck, roll, lxl, neck/off 21 117,906 252.79 277.00 258.42 116B 1 Chuck, chuck tender (IM) 9 81,112 245.61 260.00 247.16 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 5 20,680 545.54 570.00 550.56 120 1 Brisket, deckle-off, bnls 17 105,714 263.00 285.00 264.91 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 5 3,565 534.26 576.75 551.49 130 4 Chuck, short rib 9 47,674 329.40 380.00 341.65 160 1 Round, bone-in 0 0 161 1 Round, boneless 167A 4 Round, knuckle, peeled 26 78,644 244.25 285.00 253.22 168 1 Round, top inside round 168 3 Round, top inside round 9 22,674 223.57 237.50 230.96 169 5 Round, top inside, denuded 0 0 169A 5 Round, top inside, cap off 3 18,161 311.80 317.67 314.76 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 14 51,217 205.79 227.00 208.73 171C 3 Round, eye of round (IM) 16 91,332 228.30 255.00 234.08 174 3 Loin, short loin, 0x1 6 5,110 615.03 658.00 638.17 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 7 4,661 710.88 738.00 720.81 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 5 11,776 362.00 375.00 371.82 184B 3 Loin, top butt, CC (IM) 7 119,671 460.00 465.00 460.66 185A 4 Loin, bottom sirloin, flap 10 240,429 567.63 613.00 575.68 185B 1 Loin, ball-tip, bnls, heavy 6 21,383 265.00 280.00 270.02 185C 1 Loin, sirloin, tri-tip (IM) 3 9,927 352.83 367.50 353.00 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 11 18,104 955.00 1136.50 966.56 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 11 36,541 507.00 540.00 513.33 -------------------------------------------------------------------------------- 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 4 6,959 740.00 762.25 749.34 113C 1 Chuck, semi-bnls, neck/off 3 9,827 229.53 250.03 233.57 114 1 Chuck, shoulder clod 0 0 114A 3 Chuck, shoulder clod, trmd 7 39,188 220.19 240.90 231.87 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 5 1,617 453.06 453.27 453.25 116A 3 Chuck, roll, lxl, neck/off 17 92,095 254.50 280.01 260.87 116B 1 Chuck, chuck tender (IM) 5 1,500 267.30 270.00 269.50 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 4 44,483 263.00 269.87 263.09 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 7 22,398 315.00 332.00 322.03 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 5 8,924 260.19 275.00 265.55 168 1 Round, top inside round 4 14,831 209.40 225.00 221.78 168 3 Round, top inside round 22 32,177 226.30 240.00 233.71 169 5 Round, top inside, denuded 169A 5 Round, top inside, cap off 0 0 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 6 6,170 207.00 225.00 210.80 171C 3 Round, eye of round (IM) 7 16,526 227.41 265.01 235.30 174 3 Loin, short loin, 0x1 4 2,758 512.61 550.03 524.07 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 6 55,505 511.35 575.03 534.06 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 5 8,964 355.00 368.00 357.67 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 5 31,909 575.00 583.00 575.20 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 3 13,816 971.98 1008.00 982.91 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 8 2,497 510.00 530.00 527.63 -------------------------------------------------------------------------------- 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) 6 24,935 458.66 494.26 475.36 121C 4 Plate, Outside Skirt (IM) 7 27,159 758.39 800.00 784.50 121E 6 Outside Skirt, pld (IM) 6 17,915 991.69 1036.79 1003.13 Cap, Wedge Meat & (IM) Lean 12 69,911 300.00 319.75 309.00 Pectoral Meat 9 35,344 324.00 342.00 327.99 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 6 114,096 173.65 186.19 178.63 Ground Beef 75% Ground Beef 81% 35 274,489 189.35 211.02 193.79 Ground Beef 85% Ground Beef 90% Ground Beef 93% 5 22,529 294.66 312.05 299.55 Ground Beef Chuck 80% 8 56,304 200.00 216.00 205.84 Ground Beef Round 85% 3 10,855 250.00 254.98 252.45 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% 0 0 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 8 166,965 85.00 94.54 88.81 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 .