LM_XB402 Des Moines, IA Wed, Apr 17, 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: 232.60 220.05 Change from prior day: 0.55 (1.10) -------------------------------------------------------------------------------- Choice/Select spread: 12.55 Total Load Count (Cuts, Trimmings, Grinds): 108 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 394.03 365.80 Primal Chuck 177.99 175.41 Primal Round 173.60 174.57 Primal Loin 330.07 289.27 Primal Brisket 192.06 191.10 Primal Short Plate 174.40 174.40 Primal Flank 123.84 122.08 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/16 78 33 22 22 156 232.05 221.15 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 229.93 220.59 -------------------------------------------------------------------------------- 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 63.15 loads 2,525,933 pounds Select Cuts 13.14 loads 525,669 pounds Trimmings 8.17 loads 326,788 pounds Ground Beef 23.76 loads 950,421 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 29 95,598 739.83 770.75 746.63 112A 3 Rib, ribeye, bnls, light 8 9,349 854.56 875.25 861.26 112A 3 Rib, ribeye, bnls, heavy 42 30,231 820.00 860.00 843.66 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 3 29,033 213.00 225.00 218.23 114A 3 Chuck, shoulder clod, trmd 30 36,696 225.66 245.00 233.16 114D 3 Chuck, clod, top blade 3 4,901 385.46 394.92 388.75 114E 3 Chuck, clod, arm roast 3 2,595 255.00 255.00 255.00 114F 5 Chuck, clod tender (IM) 8 7,259 526.20 550.00 539.31 116A 3 Chuck, roll, lxl, neck/off 50 84,212 247.00 287.00 261.04 116B 1 Chuck, chuck tender (IM) 22 26,916 235.00 258.93 245.99 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 44 152,562 260.00 290.00 273.20 120A 3 Brisket, point/off, bnls 5 5,120 457.10 460.00 458.82 123A 3 Short Plate, short rib 21 9,094 568.00 575.00 569.74 130 4 Chuck, short rib 23 14,168 341.00 365.00 345.99 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 42 94,498 243.00 265.00 247.42 168 1 Round, top inside round 52 533,039 215.54 232.27 216.60 168 3 Round, top inside round 24 199,338 222.67 243.00 223.92 169 5 Round, top inside, denuded 9 49,498 243.37 277.00 248.58 169A 5 Round, top inside, cap off 3 5,627 304.75 327.00 310.12 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 4 7,789 197.38 223.12 199.36 171B 3 Round, outside round 36 105,398 200.00 216.00 206.26 171C 3 Round, eye of round (IM) 31 31,796 227.51 257.00 238.62 174 3 Loin, short loin, 0x1 18 340,309 635.00 678.02 666.49 175 3 Loin, strip loin, 1x1 5 195,038 637.80 638.67 638.15 1 Loin, strip loin bnls. 1x1 4 1,928 710.00 716.75 710.59 180 3 Loin, strip, bnls, 0x1 45 37,045 765.00 799.75 778.60 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 48 112,442 349.00 388.00 361.61 184B 3 Loin, top butt, CC (IM) 4 1,394 460.00 510.00 498.20 185A 4 Loin, bottom sirloin, flap 12 13,066 575.00 647.25 607.01 185B 1 Loin, ball-tip, bnls, heavy 10 11,271 248.00 275.00 262.82 185C 1 Loin, sirloin, tri-tip (IM) 7 10,418 378.08 407.00 384.68 185D 4 Loin, tri-tip, pld (IM) 7 8,863 497.00 545.75 538.51 189A 4 Loin, tndrloin, trmd, heavy 49 97,523 950.00 1130.25 966.70 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 10 35,624 505.00 542.50 527.90 -------------------------------------------------------------------------------- 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 3 2,739 649.83 679.88 655.91 112A 3 Rib, ribeye, bnls, light 8 8,897 770.00 797.00 781.88 112A 3 Rib, ribeye, bnls, heavy 10 20,758 765.00 799.88 776.57 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) 7 13,104 419.81 490.00 425.26 116A 3 Chuck, roll, lxl, neck/off 12 52,296 246.79 270.75 252.32 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 6 15,783 265.00 281.00 269.94 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 15 45,881 241.00 248.00 242.85 168 1 Round, top inside round 4 7,129 219.19 232.27 225.88 168 3 Round, top inside round 5 11,345 221.79 232.00 222.85 169 5 Round, top inside, denuded 169A 5 Round, top inside, cap off 0 0 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 16 38,330 195.70 210.00 204.50 171C 3 Round, eye of round (IM) 9 34,981 225.23 248.12 234.90 174 3 Loin, short loin, 0x1 7 2,244 515.57 549.27 532.61 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 16 31,058 524.10 570.00 541.26 184 1 Loin, top butt, bnls, heavy 14 5,357 338.00 345.00 338.47 184 3 Loin, top butt, boneless 9 29,080 330.00 379.88 341.89 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 3 13,266 253.89 265.00 261.22 185C 1 Loin, sirloin, tri-tip (IM) 0 0 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 18 45,016 950.00 1089.25 957.24 191A 4 Loin, butt tender, trimmed 7 18,699 899.70 969.75 916.95 193 4 Flank, flank steak (IM) 4 2,905 502.00 521.25 516.72 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 0 0 121D 4 Plate, Inside Skirt (IM) 18 70,345 450.00 500.00 463.84 121C 4 Plate, Outside Skirt (IM) 7 5,906 749.15 800.00 784.49 121E 6 Outside Skirt, pld (IM) 4 1,281 1015.00 1185.00 1064.19 Cap, Wedge Meat & (IM) Lean 18 74,077 302.00 332.00 309.66 Pectoral Meat 18 25,853 320.00 351.00 323.29 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 18 56,041 171.00 196.27 183.31 Ground Beef 75% Ground Beef 81% 59 125,826 181.25 227.25 203.29 Ground Beef 85% Ground Beef 90% Ground Beef 93% 11 30,175 291.82 315.34 306.81 Ground Beef Chuck 80% 10 42,978 211.00 231.27 211.44 Ground Beef Round 85% 3 1,382 245.00 263.22 260.30 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 6 161,488 84.00 96.25 89.68 Frozen 50% lean trimmings -------------------------------------------------------------------------------- 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 .