LM_XB402 Des Moines, IA Tue, Apr 23, 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: 234.73 222.90 Change from prior day: 0.25 0.26 -------------------------------------------------------------------------------- Choice/Select spread: 11.83 Total Load Count (Cuts, Trimmings, Grinds): 73 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 391.24 371.01 Primal Chuck 180.86 176.47 Primal Round 174.32 174.26 Primal Loin 336.87 298.83 Primal Brisket 190.88 190.08 Primal Short Plate 174.71 174.71 Primal Flank 124.68 122.17 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/22 28 27 9 7 72 234.48 222.64 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 233.20 220.78 -------------------------------------------------------------------------------- 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 37.99 loads 1,519,438 pounds Select Cuts 14.93 loads 597,148 pounds Trimmings 15.10 loads 604,061 pounds Ground Beef 4.51 loads 180,578 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 7 2,498 748.00 797.25 767.19 112A 3 Rib, ribeye, bnls, light 5 117,232 854.40 882.25 854.47 112A 3 Rib, ribeye, bnls, heavy 21 80,815 850.00 879.63 852.74 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 8 11,753 225.75 252.00 233.04 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 3 2,915 478.37 554.63 487.20 116A 3 Chuck, roll, lxl, neck/off 25 82,338 256.25 282.25 261.61 116B 1 Chuck, chuck tender (IM) 8 32,171 227.00 257.25 232.34 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 33 404,096 262.05 297.25 267.43 120A 3 Brisket, point/off, bnls 3 2,833 460.00 473.40 462.99 123A 3 Short Plate, short rib 7 14,676 538.08 584.25 564.90 130 4 Chuck, short rib 9 25,094 340.06 380.00 354.79 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 32 67,277 236.00 272.25 245.32 168 1 Round, top inside round 4 13,108 219.70 225.30 223.10 168 3 Round, top inside round 9 87,209 221.00 247.25 226.24 169 5 Round, top inside, denuded 3 23,410 247.00 268.54 248.59 169A 5 Round, top inside, cap off 3 16,739 295.00 310.50 301.46 3 Round, top inside, side off 170 1 Round, bottom gooseneck 0 0 171B 3 Round, outside round 18 51,376 201.25 222.00 208.20 171C 3 Round, eye of round (IM) 23 29,369 227.88 253.12 240.67 174 3 Loin, short loin, 0x1 7 90,324 664.15 686.94 686.52 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 7 12,554 771.00 825.00 804.15 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 9 16,591 350.00 380.50 365.10 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 12 58,414 261.00 272.00 261.95 185C 1 Loin, sirloin, tri-tip (IM) 7 22,296 385.00 424.59 386.30 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 7 12,514 970.00 1040.00 976.67 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 10 25,626 506.00 530.34 519.98 -------------------------------------------------------------------------------- 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 7,419 770.00 825.11 784.72 112A 3 Rib, ribeye, bnls, heavy 4 8,302 783.00 810.06 797.88 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 0 0 114A 3 Chuck, shoulder clod, trmd 4 4,582 235.00 235.23 235.16 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 116A 3 Chuck, roll, lxl, neck/off 5 45,253 254.35 268.15 254.91 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 12 11,111 522.80 528.88 526.31 120 1 Brisket, deckle-off, bnls 4 4,923 265.00 276.46 268.10 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 0 0 167A 4 Round, knuckle, peeled 5 9,492 240.00 260.00 251.18 168 1 Round, top inside round 3 2,766 228.06 233.00 231.71 168 3 Round, top inside round 7 16,011 222.00 239.56 228.47 169 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 4 10,016 201.25 220.99 205.91 171C 3 Round, eye of round (IM) 3 6,310 230.06 235.00 230.44 174 3 Loin, short loin, 0x1 3 86,552 518.14 519.00 518.93 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 7 12,019 535.00 575.11 554.80 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 4 5,188 343.08 365.00 351.49 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 4 20,140 587.00 640.00 589.51 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 5 19,381 363.31 385.00 379.05 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 6 1,997 971.99 1071.50 1000.41 191A 4 Loin, butt tender, trimmed 3 7,003 933.45 952.37 950.46 193 4 Flank, flank steak (IM) 13 24,152 500.00 534.56 506.84 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 12 37,229 471.10 519.15 473.84 121C 4 Plate, Outside Skirt (IM) 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 19 325,291 288.70 332.00 293.33 Pectoral Meat 3 5,489 320.06 329.56 328.49 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 3 11,772 186.60 190.21 187.79 Ground Beef 75% 0 0 Ground Beef 81% 27 75,561 194.40 213.08 202.01 Ground Beef 85% 0 0 Ground Beef 90% 0 0 Ground Beef 93% Ground Beef Chuck 80% 4 1,596 190.78 210.11 199.21 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% 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 18 604,061 88.00 93.00 89.30 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 .