LM_XB402 Des Moines, IA Fri, Apr 19, 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: 233.86 220.40 Change from prior day: 0.80 0.94 -------------------------------------------------------------------------------- Choice/Select spread: 13.46 Total Load Count (Cuts, Trimmings, Grinds): 54 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 396.53 362.22 Primal Chuck 179.96 175.39 Primal Round 174.15 174.66 Primal Loin 331.33 293.56 Primal Brisket 192.53 190.20 Primal Short Plate 172.84 172.84 Primal Flank 126.62 121.53 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/18 64 26 7 16 114 233.06 219.46 04/17 113 27 14 30 184 232.76 220.16 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 231.52 220.60 -------------------------------------------------------------------------------- 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 27.57 loads 1,102,743 pounds Select Cuts 8.29 loads 331,709 pounds Trimmings 3.11 loads 124,200 pounds Ground Beef 14.86 loads 594,414 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 9 6,182 744.00 782.25 755.80 112A 3 Rib, ribeye, bnls, light 7 15,104 849.15 865.00 854.95 112A 3 Rib, ribeye, bnls, heavy 14 38,725 830.00 919.98 855.82 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 8 37,887 226.75 238.55 229.71 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender (IM) 4 5,730 526.30 550.00 540.60 116A 3 Chuck, roll, lxl, neck/off 15 109,553 249.00 272.00 259.96 116B 1 Chuck, chuck tender (IM) 10 69,672 227.88 257.55 231.10 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 4 6,999 560.27 662.25 602.72 120 1 Brisket, deckle-off, bnls 11 76,277 262.00 280.00 273.76 120A 3 Brisket, point/off, bnls 5 9,167 460.00 467.07 463.54 123A 3 Short Plate, short rib 9 13,405 535.67 589.75 573.91 130 4 Chuck, short rib 5 9,092 335.39 380.00 345.77 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 17 34,975 244.00 285.70 251.93 168 1 Round, top inside round 168 3 Round, top inside round 10 55,408 227.00 241.08 230.58 169 5 Round, top inside, denuded 10 38,028 259.95 282.00 261.41 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 18 171,869 200.00 217.00 204.31 171C 3 Round, eye of round (IM) 15 29,632 225.00 249.55 231.35 174 3 Loin, short loin, 0x1 5 8,779 645.00 665.95 660.40 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 3 3,603 710.00 710.00 710.00 180 3 Loin, strip, bnls, 0x1 13 24,278 771.93 831.09 795.36 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 9 60,396 365.00 381.75 369.60 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 8 57,536 575.00 605.90 601.03 185B 1 Loin, ball-tip, bnls, heavy 3 3,415 262.00 271.75 267.33 185C 1 Loin, sirloin, tri-tip (IM) 4 4,527 390.00 424.43 405.22 185D 4 Loin, tri-tip, pld (IM) 5 11,922 483.00 532.88 516.74 189A 4 Loin, tndrloin, trmd, heavy 17 52,079 955.00 1136.50 980.56 191A 4 Loin, butt tender, trimmed 3 2,593 950.00 966.95 964.44 193 4 Flank, flank steak (IM) -------------------------------------------------------------------------------- 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 112A 3 Rib, ribeye, bnls, heavy 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 4 3,984 221.25 239.64 230.18 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) 4 5,787 480.00 550.00 504.34 116A 3 Chuck, roll, lxl, neck/off 11 99,882 249.00 270.00 253.64 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 4 7,075 256.05 280.00 267.31 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 3 6,147 319.31 350.00 332.61 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 6 14,373 243.00 250.00 245.43 168 1 Round, top inside round 3 4,694 220.00 233.64 222.01 168 3 Round, top inside round 5 14,440 222.35 230.00 227.06 169 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 3 1,427 190.00 211.91 194.45 171B 3 Round, outside round 3 5,865 205.00 215.00 207.92 171C 3 Round, eye of round (IM) 6 12,452 232.00 241.64 233.95 174 3 Loin, short loin, 0x1 3 21,825 506.91 527.00 508.36 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 8 4,894 540.00 565.00 556.65 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 3 2,864 355.00 365.00 359.98 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) 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 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 3 1,080 140.00 140.00 140.00 121D 4 Plate, Inside Skirt (IM) 14 69,160 454.06 490.62 461.88 121C 4 Plate, Outside Skirt (IM) 14 19,929 777.00 837.00 793.74 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 10 63,053 290.00 316.75 292.58 Pectoral Meat 9 39,530 320.00 340.00 324.42 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 8 115,287 172.00 198.25 191.13 Ground Beef 75% Ground Beef 81% 17 70,081 197.00 226.25 204.15 Ground Beef 85% 0 0 Ground Beef 90% 0 0 Ground Beef 93% Ground Beef Chuck 80% 12 171,798 198.89 222.00 210.97 Ground Beef Round 85% 3 7,915 245.00 256.00 251.36 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% 0 0 Blended Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 0 0 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 .