LM_XB402 Des Moines, IA Tue, Apr 16, 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: 232.10 221.55 Change from prior day: 1.12 0.33 -------------------------------------------------------------------------------- Choice/Select spread: 10.55 Total Load Count (Cuts, Trimmings, Grinds): 75 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 393.37 367.63 Primal Chuck 179.67 176.01 Primal Round 172.73 173.31 Primal Loin 326.65 294.81 Primal Brisket 191.83 193.85 Primal Short Plate 175.09 175.09 Primal Flank 122.86 122.85 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/15 45 21 13 14 93 230.98 221.22 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 229.18 220.12 -------------------------------------------------------------------------------- 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 36.33 loads 1,453,191 pounds Select Cuts 17.10 loads 683,873 pounds Trimmings 11.16 loads 446,279 pounds Ground Beef 10.49 loads 419,714 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 11 99,824 740.00 773.58 746.69 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 11 11,516 828.00 873.58 848.51 113C 1 Chuck, semi-bnls, neck/off 3 8,123 231.03 236.25 235.97 114 1 Chuck, shoulder clod 7 29,096 216.75 240.34 225.31 114A 3 Chuck, shoulder clod, trmd 10 44,728 225.09 245.34 233.69 114D 3 Chuck, clod, top blade 3 20,939 379.00 386.00 382.81 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender (IM) 116A 3 Chuck, roll, lxl, neck/off 17 61,344 254.90 275.00 262.24 116B 1 Chuck, chuck tender (IM) 6 57,521 233.00 251.00 238.40 3 Chuck roll, retail ready 4 60,765 286.63 295.00 289.36 116G 4 Chuck, flap (IM) 5 11,403 520.88 566.00 538.35 120 1 Brisket, deckle-off, bnls 32 121,297 260.00 280.30 265.95 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 3 2,946 501.18 573.00 509.02 130 4 Chuck, short rib 7 8,466 325.50 367.50 333.89 160 1 Round, bone-in 0 0 161 1 Round, boneless 167A 4 Round, knuckle, peeled 15 65,618 242.25 275.00 255.67 168 1 Round, top inside round 168 3 Round, top inside round 15 26,328 223.46 237.50 231.96 169 5 Round, top inside, denuded 7 6,613 263.00 279.00 272.63 169A 5 Round, top inside, cap off 7 158,320 285.16 320.75 287.43 3 Round, top inside, side off 170 1 Round, bottom gooseneck 3 1,245 191.25 211.50 203.29 171B 3 Round, outside round 18 99,098 201.00 227.50 204.58 171C 3 Round, eye of round (IM) 18 61,963 228.92 258.00 234.37 174 3 Loin, short loin, 0x1 8 12,224 636.03 655.63 649.53 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 12 50,642 765.00 801.75 792.92 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 12 16,789 350.00 375.00 362.76 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 4 2,843 605.00 638.00 612.93 185B 1 Loin, ball-tip, bnls, heavy 9 136,110 247.44 275.00 254.55 185C 1 Loin, sirloin, tri-tip (IM) 8 43,558 355.50 387.50 365.87 185D 4 Loin, tri-tip, pld (IM) 3 2,217 490.69 520.00 515.25 189A 4 Loin, tndrloin, trmd, heavy 8 11,694 966.32 1038.00 975.99 191A 4 Loin, butt tender, trimmed 4 5,086 950.00 967.74 952.67 193 4 Flank, flank steak (IM) 9 18,019 500.00 540.00 515.88 -------------------------------------------------------------------------------- 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 6 6,255 673.46 715.00 707.63 112A 3 Rib, ribeye, bnls, light 7 46,335 770.00 810.81 779.31 112A 3 Rib, ribeye, bnls, heavy 8 12,314 761.00 803.01 778.27 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 7 29,065 231.29 235.22 232.96 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 4 2,001 443.19 475.37 457.88 116A 3 Chuck, roll, lxl, neck/off 8 23,088 254.90 275.00 261.24 116B 1 Chuck, chuck tender (IM) 0 0 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 13 11,600 522.92 528.94 526.46 120 1 Brisket, deckle-off, bnls 8 16,067 262.66 280.00 269.52 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 167A 4 Round, knuckle, peeled 4 20,496 245.00 262.30 260.37 168 1 Round, top inside round 3 1,857 222.56 225.33 224.75 168 3 Round, top inside round 8 198,876 225.52 233.30 225.62 169 5 Round, top inside, denuded 0 0 169A 5 Round, top inside, cap off 0 0 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 4 19,104 189.00 214.97 192.78 171B 3 Round, outside round 3 25,564 201.25 205.00 204.80 171C 3 Round, eye of round (IM) 10 21,478 230.22 255.30 237.98 174 3 Loin, short loin, 0x1 6 12,512 507.34 545.00 518.10 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 10 48,340 533.00 590.65 541.82 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 7 15,663 354.30 368.00 359.89 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 4 1,007 253.63 276.65 267.75 185C 1 Loin, sirloin, tri-tip (IM) 8 17,841 340.30 400.85 368.88 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 4 3,286 972.01 985.88 981.87 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) 17 40,694 445.00 493.00 462.70 121C 4 Plate, Outside Skirt (IM) 3 3,482 773.46 802.03 799.47 121E 6 Outside Skirt, pld (IM) 5 6,896 995.86 1036.74 1003.42 Cap, Wedge Meat & (IM) Lean 15 59,697 275.00 325.30 304.46 Pectoral Meat 13 106,306 315.50 344.21 326.15 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 7 21,914 179.00 189.00 180.94 Ground Beef 75% 0 0 Ground Beef 81% 17 83,078 192.25 226.75 207.66 Ground Beef 85% Ground Beef 90% Ground Beef 93% 3 11,185 290.00 311.76 297.58 Ground Beef Chuck 80% 9 125,343 194.00 211.00 205.79 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% 0 0 Blended Ground Beef 90% Blended Ground Beef 93% 0 0 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 15 446,279 88.12 104.41 92.37 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 .