LM_XB402 Des Moines, IA Wed, Apr 24, 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: 233.71 221.12 Change from prior day: (0.40) (0.14) -------------------------------------------------------------------------------- Choice/Select spread: 12.59 Total Load Count (Cuts, Trimmings, Grinds): 93 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 390.61 361.48 Primal Chuck 179.56 177.79 Primal Round 172.63 173.01 Primal Loin 336.48 295.65 Primal Brisket 190.06 188.44 Primal Short Plate 173.80 173.80 Primal Flank 124.88 122.73 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/23 56 32 18 10 116 234.11 221.26 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 233.61 220.80 -------------------------------------------------------------------------------- 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 52.94 loads 2,117,678 pounds Select Cuts 19.51 loads 780,518 pounds Trimmings 7.22 loads 288,616 pounds Ground Beef 13.45 loads 538,194 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 22,367 745.00 790.25 766.07 112A 3 Rib, ribeye, bnls, light 10 54,950 850.00 890.00 855.47 112A 3 Rib, ribeye, bnls, heavy 61 43,134 842.00 899.88 859.08 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 6 28,409 215.98 235.12 219.54 114A 3 Chuck, shoulder clod, trmd 29 79,631 226.25 250.00 236.27 114D 3 Chuck, clod, top blade 4 14,012 376.00 394.99 377.14 114E 3 Chuck, clod, arm roast 9 17,595 254.00 310.00 283.74 114F 5 Chuck, clod tender (IM) 6 1,442 517.25 555.00 542.88 116A 3 Chuck, roll, lxl, neck/off 64 118,555 249.00 275.00 262.59 116B 1 Chuck, chuck tender (IM) 28 20,116 230.00 265.37 242.41 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 3 12,256 525.33 660.00 561.77 120 1 Brisket, deckle-off, bnls 67 540,665 260.68 290.75 266.07 120A 3 Brisket, point/off, bnls 8 5,160 460.00 470.30 460.43 123A 3 Short Plate, short rib 32 22,190 559.00 591.00 567.98 130 4 Chuck, short rib 41 17,842 331.75 380.00 344.58 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 58 93,862 231.00 275.00 241.60 168 1 Round, top inside round 65 152,114 209.89 231.94 218.04 168 3 Round, top inside round 24 133,146 217.00 240.00 222.92 169 5 Round, top inside, denuded 8 24,767 240.19 278.50 258.56 169A 5 Round, top inside, cap off 5 16,854 284.72 305.00 295.13 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 7 6,523 190.00 210.00 192.25 171B 3 Round, outside round 45 103,571 201.25 218.94 207.02 171C 3 Round, eye of round (IM) 60 108,525 220.63 245.00 225.96 174 3 Loin, short loin, 0x1 9 42,482 650.00 700.25 652.47 175 3 Loin, strip loin, 1x1 5 1,198 671.00 705.75 692.05 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 81 50,808 778.00 844.64 807.42 184 1 Loin, top butt, bnls, heavy 5 1,746 345.00 365.00 359.11 184 3 Loin, top butt, boneless 44 40,559 349.21 388.00 371.40 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 17 18,949 604.09 669.25 644.53 185B 1 Loin, ball-tip, bnls, heavy 19 98,993 245.35 281.75 258.45 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 9 11,756 530.00 552.00 550.33 189A 4 Loin, tndrloin, trmd, heavy 57 94,191 965.00 1080.25 971.27 191A 4 Loin, butt tender, trimmed 4 11,233 960.00 1000.00 993.95 193 4 Flank, flank steak (IM) 15 8,431 515.00 544.25 532.95 -------------------------------------------------------------------------------- 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 93,710 664.50 729.64 665.16 112A 3 Rib, ribeye, bnls, light 7 5,316 772.78 825.00 801.44 112A 3 Rib, ribeye, bnls, heavy 11 20,660 784.64 831.00 804.32 113C 1 Chuck, semi-bnls, neck/off 5 5,076 229.92 240.00 234.81 114 1 Chuck, shoulder clod 3 8,295 219.25 229.09 224.55 114A 3 Chuck, shoulder clod, trmd 8 11,482 226.25 241.30 234.11 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 8 4,519 475.37 490.25 487.85 116A 3 Chuck, roll, lxl, neck/off 11 37,530 244.59 261.50 252.22 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 0 0 120 1 Brisket, deckle-off, bnls 17 169,514 259.90 293.12 264.85 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 0 0 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 10 7,585 240.00 248.99 244.40 168 1 Round, top inside round 168 3 Round, top inside round 6 56,930 216.00 239.56 219.72 169 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 171B 3 Round, outside round 5 4,947 203.00 216.99 209.51 171C 3 Round, eye of round (IM) 9 19,438 223.16 250.00 230.89 174 3 Loin, short loin, 0x1 5 5,449 539.50 550.00 544.02 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 8 11,625 550.00 578.00 564.30 184 1 Loin, top butt, bnls, heavy 15 5,722 333.00 345.00 334.59 184 3 Loin, top butt, boneless 11 21,241 344.15 379.88 359.66 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) 4 5,743 363.00 395.89 376.49 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 15 34,123 950.00 1050.00 969.19 191A 4 Loin, butt tender, trimmed 5 30,350 915.00 945.00 936.56 193 4 Flank, flank steak (IM) 5 6,003 510.00 536.00 533.46 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 20 77,090 443.30 484.25 463.74 121C 4 Plate, Outside Skirt (IM) 7 3,245 797.00 841.00 818.85 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 26 43,058 295.00 336.00 309.56 Pectoral Meat 13 7,332 320.00 344.90 327.17 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 15 45,297 179.00 201.50 186.38 Ground Beef 75% Ground Beef 81% 51 209,703 181.25 229.00 200.49 Ground Beef 85% Ground Beef 90% Ground Beef 93% 10 36,203 295.00 320.63 301.20 Ground Beef Chuck 80% 10 95,088 203.00 215.50 208.13 Ground Beef Round 85% 3 12,499 256.00 260.00 256.52 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% 0 0 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 10 288,616 87.00 106.48 93.73 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 .