LM_XB402 Des Moines, IA Thu, Apr 11, 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: 228.96 219.85 Change from prior day: (0.09) 0.23 -------------------------------------------------------------------------------- Choice/Select spread: 9.11 Total Load Count (Cuts, Trimmings, Grinds): 72 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 385.87 362.87 Primal Chuck 176.88 176.55 Primal Round 175.09 174.68 Primal Loin 319.50 289.11 Primal Brisket 191.55 191.18 Primal Short Plate 171.07 171.07 Primal Flank 117.73 123.30 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/10 77 36 6 20 140 229.05 219.62 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 227.94 219.59 -------------------------------------------------------------------------------- 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 39.70 loads 1,588,039 pounds Select Cuts 7.62 loads 304,908 pounds Trimmings 0.00 loads 0 pounds Ground Beef 24.50 loads 980,068 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 84,702 715.00 770.75 725.97 112A 3 Rib, ribeye, bnls, light 9 20,010 806.50 850.25 829.72 112A 3 Rib, ribeye, bnls, heavy 22 35,279 803.00 854.25 830.34 113C 1 Chuck, semi-bnls, neck/off 3 3,439 233.00 261.25 234.50 114 1 Chuck, shoulder clod 7 9,642 210.00 235.00 219.41 114A 3 Chuck, shoulder clod, trmd 13 285,156 224.04 240.00 225.60 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender (IM) 7 4,768 546.11 565.00 550.48 116A 3 Chuck, roll, lxl, neck/off 26 231,213 250.00 274.25 254.27 116B 1 Chuck, chuck tender (IM) 5 7,164 242.94 254.00 250.03 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 15 33,855 265.00 285.00 269.45 120A 3 Brisket, point/off, bnls 3 2,053 465.00 465.00 465.00 123A 3 Short Plate, short rib 7 19,908 554.00 575.00 562.66 130 4 Chuck, short rib 11 19,424 321.00 353.25 333.61 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 19 74,897 245.00 284.62 259.17 168 1 Round, top inside round 7 12,844 221.57 230.96 224.79 168 3 Round, top inside round 8 28,526 224.85 231.50 227.96 169 5 Round, top inside, denuded 3 6,425 276.25 285.25 279.18 169A 5 Round, top inside, cap off 8 87,796 289.00 330.00 291.81 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 5 3,066 200.00 215.00 202.03 171B 3 Round, outside round 12 112,638 200.00 221.25 203.54 171C 3 Round, eye of round (IM) 20 69,031 224.38 254.62 235.90 174 3 Loin, short loin, 0x1 6 7,773 609.93 635.00 620.35 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 14 54,823 725.00 779.25 753.91 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 11 26,271 352.94 371.25 357.16 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 6 15,346 564.57 619.25 581.59 185B 1 Loin, ball-tip, bnls, heavy 4 43,160 245.00 286.25 246.95 185C 1 Loin, sirloin, tri-tip (IM) 5 2,956 347.29 375.00 354.02 185D 4 Loin, tri-tip, pld (IM) 5 1,204 473.00 516.00 493.92 189A 4 Loin, tndrloin, trmd, heavy 23 124,524 950.00 1050.00 961.06 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 6 28,454 485.11 539.25 492.14 -------------------------------------------------------------------------------- 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 0 0 112A 3 Rib, ribeye, bnls, light 6 27,754 758.72 791.75 782.81 112A 3 Rib, ribeye, bnls, heavy 7 3,173 740.00 786.25 753.84 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 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 6 8,377 254.57 275.00 265.76 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 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 4 27,488 245.00 271.25 248.73 168 1 Round, top inside round 168 3 Round, top inside round 3 3,603 228.00 233.25 230.59 169 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 3,809 200.04 219.25 203.04 171C 3 Round, eye of round (IM) 174 3 Loin, short loin, 0x1 6 4,019 495.00 519.57 497.69 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 9 10,410 517.00 551.75 527.16 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 6 8,239 348.72 367.36 362.19 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 0 0 185B 1 Loin, ball-tip, bnls, heavy 4 2,947 251.82 265.00 255.73 185C 1 Loin, sirloin, tri-tip (IM) 3 2,822 310.00 335.00 315.90 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 4 1,425 957.00 978.72 962.43 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) 4 32,261 464.66 490.25 470.60 121C 4 Plate, Outside Skirt (IM) 7 6,038 640.00 831.00 741.83 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 15 50,496 303.00 324.13 310.23 Pectoral Meat 6 24,803 324.00 340.00 326.05 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 11 52,754 175.00 203.24 182.70 Ground Beef 75% Ground Beef 81% 19 73,095 196.00 211.25 203.09 Ground Beef 85% Ground Beef 90% Ground Beef 93% 4 7,259 301.00 315.55 309.71 Ground Beef Chuck 80% 6 46,692 200.00 211.50 202.55 Ground Beef Round 85% 0 0 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% Blended Ground Beef 93% 0 0 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 .