LM_XB402 Des Moines, IA Thu, Apr 25, 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: 233.59 220.49 Change from prior day: 0.63 0.21 -------------------------------------------------------------------------------- Choice/Select spread: 13.10 Total Load Count (Cuts, Trimmings, Grinds): 117 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 395.73 363.36 Primal Chuck 180.91 175.13 Primal Round 170.69 171.15 Primal Loin 334.11 298.11 Primal Brisket 189.99 188.72 Primal Short Plate 171.10 171.10 Primal Flank 125.67 123.09 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/24 78 35 17 34 164 232.96 220.28 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 233.65 220.83 -------------------------------------------------------------------------------- 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 80.99 loads 3,239,667 pounds Select Cuts 17.77 loads 710,813 pounds Trimmings 6.28 loads 251,066 pounds Ground Beef 12.09 loads 483,776 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 37 369,498 742.00 799.41 761.29 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 15 26,426 842.00 874.25 850.47 113C 1 Chuck, semi-bnls, neck/off 11 221,620 222.00 246.00 226.43 114 1 Chuck, shoulder clod 5 10,543 217.00 226.25 219.81 114A 3 Chuck, shoulder clod, trmd 5 16,631 230.00 249.00 237.31 114D 3 Chuck, clod, top blade 6 21,203 374.00 390.00 386.59 114E 3 Chuck, clod, arm roast 10 31,076 252.00 270.91 268.02 114F 5 Chuck, clod tender (IM) 10 3,215 505.91 558.00 525.75 116A 3 Chuck, roll, lxl, neck/off 21 82,741 247.94 274.25 256.07 116B 1 Chuck, chuck tender (IM) 21 65,693 222.00 245.51 231.05 3 Chuck roll, retail ready 10 69,990 279.10 302.25 282.33 116G 4 Chuck, flap (IM) 4 17,275 520.00 570.00 531.03 120 1 Brisket, deckle-off, bnls 21 31,659 268.00 290.51 276.21 120A 3 Brisket, point/off, bnls 15 44,461 460.00 497.00 475.50 123A 3 Short Plate, short rib 11 49,833 480.48 591.00 494.89 130 4 Chuck, short rib 13 10,828 337.00 378.30 347.08 160 1 Round, bone-in 0 0 161 1 Round, boneless 167A 4 Round, knuckle, peeled 21 98,054 229.00 271.25 235.85 168 1 Round, top inside round 20 322,283 211.00 225.00 211.47 168 3 Round, top inside round 24 222,057 216.00 238.00 216.62 169 5 Round, top inside, denuded 33 447,897 231.00 279.25 235.13 169A 5 Round, top inside, cap off 13 96,447 276.00 305.00 277.79 3 Round, top inside, side off 170 1 Round, bottom gooseneck 3 5,271 191.00 204.25 192.23 171B 3 Round, outside round 15 47,450 202.00 219.90 204.10 171C 3 Round, eye of round (IM) 30 85,173 220.06 246.25 231.19 174 3 Loin, short loin, 0x1 13 37,842 650.00 705.25 663.11 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 30 253,389 787.00 834.25 807.02 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 40 287,680 347.00 370.75 362.87 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 6 18,193 605.00 657.00 619.99 185B 1 Loin, ball-tip, bnls, heavy 8 15,819 255.04 275.00 261.68 185C 1 Loin, sirloin, tri-tip (IM) 6 3,726 410.00 420.25 414.27 185D 4 Loin, tri-tip, pld (IM) 13 30,522 520.45 574.25 527.66 189A 4 Loin, tndrloin, trmd, heavy 17 40,695 960.00 1081.00 983.83 191A 4 Loin, butt tender, trimmed 5 5,730 950.00 974.91 966.72 193 4 Flank, flank steak (IM) 8 7,513 515.50 549.25 526.08 -------------------------------------------------------------------------------- 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 7 3,465 662.50 729.00 683.04 112A 3 Rib, ribeye, bnls, light 4 7,352 765.00 820.25 783.14 112A 3 Rib, ribeye, bnls, heavy 10 6,880 765.00 806.50 787.65 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 3 19,664 233.13 238.24 234.43 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 3 14,362 420.60 540.00 427.89 116A 3 Chuck, roll, lxl, neck/off 13 67,379 244.72 270.00 249.34 116B 1 Chuck, chuck tender (IM) 0 0 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 7 7,434 485.84 594.25 534.02 120 1 Brisket, deckle-off, bnls 4 5,310 258.98 284.25 275.29 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 4 2,857 322.50 380.00 339.40 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 7 135,475 228.00 245.00 230.30 168 1 Round, top inside round 0 0 168 3 Round, top inside round 4 14,151 215.00 230.50 218.69 169 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 6 8,485 207.00 214.25 208.20 171C 3 Round, eye of round (IM) 4 8,943 213.40 230.00 227.96 174 3 Loin, short loin, 0x1 3 1,161 550.00 556.25 554.21 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 3 1,190 543.50 570.00 566.77 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 8 7,506 342.00 365.00 354.27 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 3 3,158 601.31 626.50 621.09 185B 1 Loin, ball-tip, bnls, heavy 5 84,319 233.00 270.00 233.37 185C 1 Loin, sirloin, tri-tip (IM) 6 32,234 353.50 391.00 387.82 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 4 2,725 950.00 1054.25 965.30 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 5 7,623 505.00 531.50 512.18 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 20 108,376 426.00 482.00 451.78 121C 4 Plate, Outside Skirt (IM) 5 4,769 732.79 832.00 756.65 121E 6 Outside Skirt, pld (IM) 3 3,654 965.05 1212.00 1114.88 Cap, Wedge Meat & (IM) Lean 23 77,206 292.00 324.00 304.60 Pectoral Meat 11 97,336 312.20 340.00 316.99 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 9 44,897 170.00 201.53 174.77 Ground Beef 75% Ground Beef 81% 16 100,340 189.89 215.00 200.80 Ground Beef 85% 0 0 Ground Beef 90% Ground Beef 93% 5 10,720 286.00 310.00 308.03 Ground Beef Chuck 80% 5 7,881 190.00 211.74 203.43 Ground Beef Round 85% 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% 0 0 Blended Ground Beef 90% 0 0 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 12 251,066 84.70 95.75 91.95 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 .