LM_XB402 Des Moines, IA Fri, Apr 26, 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: 232.90 218.96 Change from prior day: (0.03) (0.79) -------------------------------------------------------------------------------- Choice/Select spread: 13.94 Total Load Count (Cuts, Trimmings, Grinds): 43 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 397.48 363.05 Primal Chuck 177.99 174.52 Primal Round 169.23 169.92 Primal Loin 334.15 292.96 Primal Brisket 195.94 189.78 Primal Short Plate 171.18 171.18 Primal Flank 125.54 122.99 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/25 106 27 10 16 159 232.93 219.75 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 233.62 220.88 -------------------------------------------------------------------------------- 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 26.63 loads 1,065,238 pounds Select Cuts 10.12 loads 404,672 pounds Trimmings 0.00 loads 0 pounds Ground Beef 6.33 loads 253,212 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 3 1,316 771.00 775.62 772.50 112A 3 Rib, ribeye, bnls, light 3 15,928 849.15 885.25 866.55 112A 3 Rib, ribeye, bnls, heavy 5 4,978 849.14 871.91 858.19 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 4 44,715 232.72 246.91 239.73 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 3 14,387 254.90 260.00 254.92 114F 5 Chuck, clod tender (IM) 116A 3 Chuck, roll, lxl, neck/off 7 25,696 261.89 274.55 265.87 116B 1 Chuck, chuck tender (IM) 9 36,693 218.94 249.55 227.80 3 Chuck roll, retail ready 5 20,774 290.25 296.30 292.62 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 12 20,862 270.38 290.89 278.09 120A 3 Brisket, point/off, bnls 4 13,739 460.00 475.64 472.41 123A 3 Short Plate, short rib 4 2,511 563.55 594.57 571.31 130 4 Chuck, short rib 5 49,501 322.27 380.00 330.51 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 24 245,294 225.00 255.00 231.52 168 1 Round, top inside round 168 3 Round, top inside round 4 9,863 225.00 239.55 226.77 169 5 Round, top inside, denuded 5 31,642 257.95 260.00 258.43 169A 5 Round, top inside, cap off 3 Round, top inside, side off 170 1 Round, bottom gooseneck 171B 3 Round, outside round 4 17,571 202.00 222.00 202.72 171C 3 Round, eye of round (IM) 11 48,908 215.00 240.00 227.75 174 3 Loin, short loin, 0x1 7 65,712 641.23 690.00 658.03 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 9 29,537 792.00 834.94 819.34 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 6 35,532 363.95 366.00 364.53 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 8 140,472 587.05 635.00 589.79 185B 1 Loin, ball-tip, bnls, heavy 4 7,218 251.00 272.24 258.66 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 3 11,429 540.55 701.80 670.13 189A 4 Loin, tndrloin, trmd, heavy 7 17,380 970.00 980.00 976.98 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 5 5,931 515.00 542.00 528.76 -------------------------------------------------------------------------------- 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 0 0 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender (IM) 116A 3 Chuck, roll, lxl, neck/off 8 120,008 250.19 262.00 252.90 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 67,943 265.00 276.00 265.83 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 0 0 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 168 1 Round, top inside round 168 3 Round, top inside round 169 5 Round, top inside, denuded 169A 5 Round, top inside, cap off 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 0 0 171B 3 Round, outside round 171C 3 Round, eye of round (IM) 0 0 174 3 Loin, short loin, 0x1 5 27,422 500.96 550.00 528.29 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 5 2,956 525.00 575.00 541.51 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 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) 0 0 189A 4 Loin, tndrloin, trmd, heavy 3 1,418 950.00 979.83 959.15 191A 4 Loin, butt tender, trimmed 3 23,829 908.27 910.64 909.23 193 4 Flank, flank steak (IM) 0 0 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 0 0 121D 4 Plate, Inside Skirt (IM) 10 51,450 440.00 475.85 458.41 121C 4 Plate, Outside Skirt (IM) 4 12,733 743.45 790.00 752.90 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 9 31,937 290.00 324.00 307.93 Pectoral Meat 7 17,500 300.00 320.00 314.88 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 5 32,451 177.00 190.50 184.60 Ground Beef 75% 0 0 Ground Beef 81% 13 59,039 182.00 206.98 202.98 Ground Beef 85% 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% 0 0 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 0 0 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 .