LM_XB402 Des Moines, IA Fri, Apr 12, 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: 228.73 221.78 Change from prior day: (0.10) 1.83 -------------------------------------------------------------------------------- Choice/Select spread: 6.95 Total Load Count (Cuts, Trimmings, Grinds): 90 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 386.67 365.55 Primal Chuck 174.79 180.56 Primal Round 174.58 175.31 Primal Loin 320.63 290.43 Primal Brisket 191.89 190.29 Primal Short Plate 172.56 172.56 Primal Flank 119.29 121.61 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/11 64 11 0 36 111 228.83 219.95 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 228.36 219.91 -------------------------------------------------------------------------------- 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 55.16 loads 2,206,214 pounds Select Cuts 9.39 loads 375,682 pounds Trimmings 6.71 loads 268,404 pounds Ground Beef 19.07 loads 762,638 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 18 123,658 732.15 767.25 740.12 112A 3 Rib, ribeye, bnls, light 5 4,520 842.00 869.25 860.24 112A 3 Rib, ribeye, bnls, heavy 10 16,842 827.25 855.50 833.77 113C 1 Chuck, semi-bnls, neck/off 3 11,174 231.57 244.87 232.21 114 1 Chuck, shoulder clod 3 5,112 210.00 225.00 212.60 114A 3 Chuck, shoulder clod, trmd 10 44,014 225.50 240.00 230.84 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 16 175,207 235.00 287.04 243.26 114F 5 Chuck, clod tender (IM) 5 4,613 535.00 550.00 545.76 116A 3 Chuck, roll, lxl, neck/off 14 84,959 255.00 284.55 259.41 116B 1 Chuck, chuck tender (IM) 13 84,355 236.06 269.55 240.25 3 Chuck roll, retail ready 19 94,163 280.15 302.75 283.87 116G 4 Chuck, flap (IM) 3 3,896 562.79 569.78 567.52 120 1 Brisket, deckle-off, bnls 16 32,014 266.00 285.62 271.50 120A 3 Brisket, point/off, bnls 5 6,109 435.00 465.00 459.22 123A 3 Short Plate, short rib 4 10,067 552.55 582.25 579.26 130 4 Chuck, short rib 3 3,725 345.62 351.75 349.25 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 41 183,155 244.00 280.55 255.17 168 1 Round, top inside round 7 35,731 220.00 230.73 221.63 168 3 Round, top inside round 7 47,406 220.50 252.00 226.04 169 5 Round, top inside, denuded 15 84,486 258.15 285.00 260.86 169A 5 Round, top inside, cap off 3 16,098 290.00 305.70 304.34 3 Round, top inside, side off 170 1 Round, bottom gooseneck 5 14,581 191.50 211.75 195.22 171B 3 Round, outside round 8 20,930 197.50 216.00 206.36 171C 3 Round, eye of round (IM) 25 75,064 234.90 249.84 240.80 174 3 Loin, short loin, 0x1 11 115,775 610.00 640.50 629.78 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 40 350,206 724.25 761.96 744.73 184 1 Loin, top butt, bnls, heavy 3 6,913 345.00 370.78 356.80 184 3 Loin, top butt, boneless 34 258,391 341.00 387.25 363.29 184B 3 Loin, top butt, CC (IM) 7 116,498 469.68 471.61 470.78 185A 4 Loin, bottom sirloin, flap 3 11,862 575.00 633.25 611.54 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 4 2,438 330.00 374.57 360.73 185D 4 Loin, tri-tip, pld (IM) 3 3,746 480.00 505.00 490.80 189A 4 Loin, tndrloin, trmd, heavy 18 54,153 955.00 992.70 968.76 191A 4 Loin, butt tender, trimmed 5 5,695 942.15 948.00 944.50 193 4 Flank, flank steak (IM) 3 8,813 502.00 505.00 504.43 -------------------------------------------------------------------------------- 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 2,141 750.00 783.25 776.46 112A 3 Rib, ribeye, bnls, heavy 5 6,086 746.68 790.48 779.98 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 0 0 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 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 3 7,189 265.00 274.84 267.11 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 6 14,879 310.00 341.50 333.78 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 168 1 Round, top inside round 0 0 168 3 Round, top inside round 169 5 Round, top inside, denuded 3 4,092 256.00 270.30 266.48 169A 5 Round, top inside, cap off 0 0 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 0 0 171B 3 Round, outside round 5 18,837 197.50 210.00 205.09 171C 3 Round, eye of round (IM) 3 48,554 237.50 241.00 238.67 174 3 Loin, short loin, 0x1 5 5,166 505.00 541.68 514.46 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 3 1,744 545.00 550.00 549.19 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 3 2,982 356.50 364.87 362.64 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 0 0 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 15,366 943.79 962.00 955.01 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 6 19,756 505.00 517.25 509.55 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 10 95,819 121.80 140.00 129.74 121D 4 Plate, Inside Skirt (IM) 8 19,557 440.00 489.25 468.82 121C 4 Plate, Outside Skirt (IM) 8 6,726 640.00 800.00 755.34 121E 6 Outside Skirt, pld (IM) 0 0 Cap, Wedge Meat & (IM) Lean 8 73,957 292.76 324.00 306.24 Pectoral Meat 9 35,587 319.00 334.00 322.57 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 4 28,125 172.50 180.50 177.78 Ground Beef 75% Ground Beef 81% 20 123,843 197.00 219.00 200.91 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 9 139,496 301.88 309.25 306.90 Ground Beef Chuck 80% 4 42,719 202.72 209.84 205.95 Ground Beef Round 85% 3 7,124 251.00 267.08 261.76 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% Blended Ground Beef Chuck 80% Blended Ground Beef Round 85% Blended Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 10 268,404 88.00 90.75 89.81 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 .