LM_XB402 Des Moines, IA Mon, Apr 15, 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: 231.23 221.12 Change from prior day: 2.48 0.10 -------------------------------------------------------------------------------- Choice/Select spread: 10.11 Total Load Count (Cuts, Trimmings, Grinds): 51 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 389.65 367.23 Primal Chuck 178.42 177.93 Primal Round 175.02 174.29 Primal Loin 324.76 290.63 Primal Brisket 192.15 191.80 Primal Short Plate 172.99 172.99 Primal Flank 121.14 121.90 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/12 73 17 9 21 120 228.75 221.02 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 228.72 220.06 -------------------------------------------------------------------------------- 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 24.07 loads 962,984 pounds Select Cuts 12.92 loads 516,842 pounds Trimmings 3.44 loads 137,641 pounds Ground Beef 10.12 loads 404,687 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 5 28,490 742.75 788.42 762.80 112A 3 Rib, ribeye, bnls, light 3 2,331 842.00 842.00 842.00 112A 3 Rib, ribeye, bnls, heavy 7 4,699 830.00 856.00 833.22 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 8 22,039 210.00 231.84 224.11 114A 3 Chuck, shoulder clod, trmd 6 59,622 230.00 242.56 235.36 114D 3 Chuck, clod, top blade 6 11,844 385.37 395.58 390.06 114E 3 Chuck, clod, arm roast 18 31,322 250.00 260.00 256.65 114F 5 Chuck, clod tender (IM) 7 16,241 475.00 550.00 500.90 116A 3 Chuck, roll, lxl, neck/off 10 7,543 259.00 269.50 261.09 116B 1 Chuck, chuck tender (IM) 8 16,272 234.43 257.95 242.66 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 10 11,666 549.37 572.00 563.23 120 1 Brisket, deckle-off, bnls 17 35,322 270.00 287.00 274.37 120A 3 Brisket, point/off, bnls 7 6,370 465.00 467.00 465.87 123A 3 Short Plate, short rib 13 18,435 560.85 581.00 574.85 130 4 Chuck, short rib 12 28,207 330.95 380.00 365.45 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 13 67,487 243.00 278.70 246.88 168 1 Round, top inside round 4 16,054 225.00 227.86 226.27 168 3 Round, top inside round 14 67,741 224.00 241.75 229.43 169 5 Round, top inside, denuded 0 0 169A 5 Round, top inside, cap off 10 25,906 293.00 319.64 299.47 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 12 91,911 203.25 217.95 207.16 171C 3 Round, eye of round (IM) 13 34,212 230.65 252.00 234.34 174 3 Loin, short loin, 0x1 8 106,085 620.75 660.98 633.78 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 5 6,290 673.00 673.00 673.00 180 3 Loin, strip, bnls, 0x1 184 1 Loin, top butt, bnls, heavy 4 4,828 345.00 358.00 347.84 184 3 Loin, top butt, boneless 7 12,008 345.00 377.00 358.48 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 4 7,768 575.00 600.00 585.94 185B 1 Loin, ball-tip, bnls, heavy 6 91,552 246.13 280.00 250.18 185C 1 Loin, sirloin, tri-tip (IM) 3 12,733 364.50 424.86 417.26 185D 4 Loin, tri-tip, pld (IM) 6 3,704 480.00 516.75 501.51 189A 4 Loin, tndrloin, trmd, heavy 8 13,008 975.00 992.00 980.94 191A 4 Loin, butt tender, trimmed 4 1,477 950.00 967.74 952.51 193 4 Flank, flank steak (IM) 10 18,224 503.00 541.75 518.35 -------------------------------------------------------------------------------- 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 4 9,476 682.90 702.00 686.35 112A 3 Rib, ribeye, bnls, light 3 12,011 751.37 791.75 782.13 112A 3 Rib, ribeye, bnls, heavy 8 12,759 766.25 802.74 796.09 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 4 15,675 210.00 223.30 213.28 114A 3 Chuck, shoulder clod, trmd 7 41,046 231.39 242.19 233.67 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 6 9,016 437.77 445.37 441.35 116A 3 Chuck, roll, lxl, neck/off 6 30,738 253.51 266.00 257.91 116B 1 Chuck, chuck tender (IM) 3 9,282 235.00 241.98 236.25 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 9 19,652 525.95 550.76 527.18 120 1 Brisket, deckle-off, bnls 5 27,613 270.00 275.50 274.74 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 168 3 Round, top inside round 7 42,310 220.69 235.00 225.91 169 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 5 4,516 197.58 204.68 201.58 171B 3 Round, outside round 4 29,618 201.25 214.50 204.20 171C 3 Round, eye of round (IM) 5 37,491 234.39 238.00 235.76 174 3 Loin, short loin, 0x1 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 5 17,939 347.00 376.24 359.90 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 0 0 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 3 3,485 342.41 365.97 344.62 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 3 2,251 957.00 977.72 973.96 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 8 11,145 504.00 540.98 516.18 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 4 8,019 129.49 140.00 136.90 121D 4 Plate, Inside Skirt (IM) 14 64,235 458.82 484.00 465.46 121C 4 Plate, Outside Skirt (IM) 5 2,878 777.00 831.00 813.62 121E 6 Outside Skirt, pld (IM) 7 7,070 999.80 1038.51 1021.07 Cap, Wedge Meat & (IM) Lean 18 49,045 275.00 325.00 301.86 Pectoral Meat 5 9,296 325.98 351.00 333.89 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 5 27,820 180.34 195.14 194.08 Ground Beef 75% Ground Beef 81% 20 108,951 194.00 227.00 205.35 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 3 18,142 295.00 310.00 302.50 Ground Beef Chuck 80% 5 50,636 198.00 220.14 211.98 Ground Beef Round 85% 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% 0 0 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 6 137,641 88.00 94.23 90.62 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 .