LM_XB402 Des Moines, IA Wed, Apr 10, 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: 228.76 219.32 Change from prior day: 0.44 0.52 -------------------------------------------------------------------------------- Choice/Select spread: 9.44 Total Load Count (Cuts, Trimmings, Grinds): 78 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 385.29 361.37 Primal Chuck 176.74 175.79 Primal Round 172.86 176.29 Primal Loin 320.54 287.10 Primal Brisket 190.41 187.90 Primal Short Plate 172.57 172.57 Primal Flank 121.63 123.01 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/09 69 22 5 20 116 228.32 218.80 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 227.36 219.46 -------------------------------------------------------------------------------- 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 41.83 loads 1,673,098 pounds Select Cuts 20.50 loads 820,196 pounds Trimmings 0.00 loads 0 pounds Ground Beef 15.87 loads 634,697 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 14 7,973 734.99 754.15 743.14 112A 3 Rib, ribeye, bnls, light 3 3,666 855.00 861.00 855.93 112A 3 Rib, ribeye, bnls, heavy 28 33,147 816.00 860.55 830.17 113C 1 Chuck, semi-bnls, neck/off 6 21,893 235.00 246.00 238.14 114 1 Chuck, shoulder clod 4 5,320 220.87 234.00 228.83 114A 3 Chuck, shoulder clod, trmd 20 26,941 221.22 244.45 231.47 114D 3 Chuck, clod, top blade 3 9,595 383.56 394.56 384.35 114E 3 Chuck, clod, arm roast 8 8,225 260.00 285.75 264.74 114F 5 Chuck, clod tender (IM) 6 16,487 461.97 550.00 504.41 116A 3 Chuck, roll, lxl, neck/off 37 79,889 251.00 277.25 261.33 116B 1 Chuck, chuck tender (IM) 20 33,098 228.00 268.00 247.68 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 41 93,187 261.60 296.00 271.86 120A 3 Brisket, point/off, bnls 7 7,653 465.00 468.00 465.79 123A 3 Short Plate, short rib 11 15,464 569.00 576.75 572.53 130 4 Chuck, short rib 19 21,536 330.69 360.37 340.62 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 33 73,372 243.70 278.25 254.27 168 1 Round, top inside round 26 42,988 215.00 229.45 226.19 168 3 Round, top inside round 18 49,277 223.42 242.25 227.34 169 5 Round, top inside, denuded 13 63,860 254.00 281.00 259.60 169A 5 Round, top inside, cap off 3 Round, top inside, side off 170 1 Round, bottom gooseneck 5 2,254 198.82 215.00 204.08 171B 3 Round, outside round 26 251,765 200.00 223.00 204.41 171C 3 Round, eye of round (IM) 27 40,570 230.45 267.00 242.81 174 3 Loin, short loin, 0x1 13 46,688 609.56 639.56 610.79 175 3 Loin, strip loin, 1x1 4 69,349 599.00 617.26 613.55 1 Loin, strip loin bnls. 1x1 3 1,006 673.00 674.15 673.19 180 3 Loin, strip, bnls, 0x1 35 65,381 730.75 765.00 740.65 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 21 22,167 361.00 386.00 368.26 184B 3 Loin, top butt, CC (IM) 3 10,394 493.68 536.00 494.43 185A 4 Loin, bottom sirloin, flap 11 11,985 548.00 607.00 584.99 185B 1 Loin, ball-tip, bnls, heavy 13 15,859 260.00 286.00 274.83 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 9 14,358 485.00 508.47 496.48 189A 4 Loin, tndrloin, trmd, heavy 32 133,242 950.00 1145.50 965.78 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 8 7,148 499.89 540.00 521.13 -------------------------------------------------------------------------------- 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 4,066 619.89 669.56 638.34 112A 3 Rib, ribeye, bnls, light 17 145,887 750.00 777.34 772.75 112A 3 Rib, ribeye, bnls, heavy 13 29,086 732.00 774.45 762.99 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 0 0 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 3,296 500.37 540.00 529.60 116A 3 Chuck, roll, lxl, neck/off 11 84,440 256.77 265.00 259.49 116B 1 Chuck, chuck tender (IM) 4 7,126 247.70 269.00 250.60 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 3 4,654 500.00 528.61 517.70 120 1 Brisket, deckle-off, bnls 8 13,780 264.50 284.55 268.70 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 168 1 Round, top inside round 3 5,469 226.22 229.45 226.47 168 3 Round, top inside round 6 18,874 226.00 251.00 231.33 169 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 9 24,144 204.89 211.00 208.54 171C 3 Round, eye of round (IM) 11 24,283 235.53 271.00 243.72 174 3 Loin, short loin, 0x1 12 67,549 487.70 545.00 491.48 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 11 13,043 520.00 569.45 536.34 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 9 9,656 348.26 376.00 360.34 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) 8 76,130 323.15 350.96 348.20 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 10 10,065 960.00 1009.60 977.30 191A 4 Loin, butt tender, trimmed 4 1,547 930.00 979.56 945.27 193 4 Flank, flank steak (IM) 3 2,313 509.45 536.00 519.24 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 18 234,911 448.65 487.00 461.46 121C 4 Plate, Outside Skirt (IM) 121E 6 Outside Skirt, pld (IM) 3 11,607 1001.69 1036.77 1009.19 Cap, Wedge Meat & (IM) Lean 25 165,080 293.00 336.00 310.24 Pectoral Meat 24 45,572 319.67 343.15 330.70 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 15 65,495 173.80 196.45 177.17 Ground Beef 75% Ground Beef 81% 50 156,900 183.22 222.00 199.30 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 10 28,692 291.00 301.00 300.80 Ground Beef Chuck 80% 15 145,713 199.00 220.50 205.83 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% 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% 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 .