LM_XB402 Des Moines, IA Mon, Apr 22, 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: 234.63 221.95 Change from prior day: 0.98 1.46 -------------------------------------------------------------------------------- Choice/Select spread: 12.68 Total Load Count (Cuts, Trimmings, Grinds): 34 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 393.97 370.47 Primal Chuck 179.84 175.56 Primal Round 174.56 172.97 Primal Loin 335.28 297.53 Primal Brisket 192.81 189.64 Primal Short Plate 175.04 175.04 Primal Flank 126.53 120.67 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/19 45 17 0 16 79 233.65 220.49 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 232.50 220.50 -------------------------------------------------------------------------------- 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 14.63 loads 585,195 pounds Select Cuts 15.49 loads 619,634 pounds Trimmings 3.56 loads 142,475 pounds Ground Beef 0.81 loads 32,238 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 6 12,837 765.00 799.42 785.73 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 8 9,468 850.00 895.00 873.74 113C 1 Chuck, semi-bnls, neck/off 3 14,311 226.00 236.25 229.16 114 1 Chuck, shoulder clod 4 21,024 222.27 231.84 227.39 114A 3 Chuck, shoulder clod, trmd 3 8,844 225.00 231.50 227.86 114D 3 Chuck, clod, top blade 6 3,716 388.57 400.69 395.96 114E 3 Chuck, clod, arm roast 13 7,747 254.00 260.00 259.30 114F 5 Chuck, clod tender (IM) 5 8,854 471.25 550.00 479.49 116A 3 Chuck, roll, lxl, neck/off 3 1,727 264.00 269.48 267.05 116B 1 Chuck, chuck tender (IM) 4 27,376 234.00 240.00 234.36 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 9 12,492 559.60 573.00 565.03 120 1 Brisket, deckle-off, bnls 12 29,656 270.00 290.51 278.88 120A 3 Brisket, point/off, bnls 3 1,103 460.00 460.00 460.00 123A 3 Short Plate, short rib 14 20,887 550.75 591.00 572.95 130 4 Chuck, short rib 14 28,494 321.00 380.05 373.84 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 8 44,597 235.00 261.50 245.80 168 1 Round, top inside round 168 3 Round, top inside round 3 9,211 228.53 235.00 234.03 169 5 Round, top inside, denuded 0 0 169A 5 Round, top inside, cap off 3 7,248 298.00 310.00 300.37 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 5 20,052 205.57 212.00 206.80 171C 3 Round, eye of round (IM) 4 5,095 230.00 237.00 232.77 174 3 Loin, short loin, 0x1 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 7 18,491 780.00 835.00 828.29 184 1 Loin, top butt, bnls, heavy 4 5,518 345.00 345.00 345.00 184 3 Loin, top butt, boneless 4 1,204 364.40 386.29 371.35 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 4 13,942 605.00 662.50 632.47 185B 1 Loin, ball-tip, bnls, heavy 5 14,120 257.27 270.00 263.31 185C 1 Loin, sirloin, tri-tip (IM) 3 5,235 375.92 393.62 376.15 185D 4 Loin, tri-tip, pld (IM) 5 10,450 483.00 557.00 507.31 189A 4 Loin, tndrloin, trmd, heavy 7 58,677 970.00 1030.00 979.42 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 3 5,514 541.29 542.50 542.27 -------------------------------------------------------------------------------- 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 5 44,291 770.00 813.24 793.14 112A 3 Rib, ribeye, bnls, heavy 4 18,883 789.77 835.86 818.12 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 8 84,606 220.85 230.00 222.93 114A 3 Chuck, shoulder clod, trmd 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 116A 3 Chuck, roll, lxl, neck/off 7 110,714 249.63 265.00 253.25 116B 1 Chuck, chuck tender (IM) 0 0 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 7 6,570 524.45 556.29 538.59 120 1 Brisket, deckle-off, bnls 120A 3 Brisket, point/off, bnls 0 0 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 4 49,514 220.78 232.35 224.19 169 5 Round, top inside, denuded 3 3,355 264.15 265.23 265.10 169A 5 Round, top inside, cap off 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 7 5,935 189.52 211.42 200.85 171B 3 Round, outside round 171C 3 Round, eye of round (IM) 3 13,905 230.00 235.09 230.82 174 3 Loin, short loin, 0x1 4 5,543 532.00 570.37 551.31 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 10 101,785 545.00 571.00 570.39 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 3 3,691 356.50 381.31 376.46 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 0 0 185C 1 Loin, sirloin, tri-tip (IM) 0 0 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 191A 4 Loin, butt tender, trimmed 5 7,172 926.37 955.00 941.13 193 4 Flank, flank steak (IM) -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 4 47,570 100.00 147.62 104.46 121D 4 Plate, Inside Skirt (IM) 14 110,264 447.00 491.75 475.62 121C 4 Plate, Outside Skirt (IM) 3 1,361 800.00 851.00 837.85 121E 6 Outside Skirt, pld (IM) 10 9,298 994.85 1031.74 1013.82 Cap, Wedge Meat & (IM) Lean 8 22,887 290.00 320.00 299.18 Pectoral Meat 3 7,256 322.99 332.00 328.01 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 0 0 Ground Beef 75% 0 0 Ground Beef 81% 6 18,509 199.00 218.85 211.23 Ground Beef 85% 0 0 Ground Beef 90% 0 0 Ground Beef 93% 0 0 Ground Beef Chuck 80% Ground Beef Round 85% 0 0 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% 0 0 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 5 142,475 90.75 95.75 93.74 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 .