LM_XB402 Des Moines, IA Mon, Apr 29, 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: 233.22 220.58 Change from prior day: 0.23 1.17 -------------------------------------------------------------------------------- Choice/Select spread: 12.64 Total Load Count (Cuts, Trimmings, Grinds): 62 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 391.16 369.89 Primal Chuck 178.45 174.79 Primal Round 170.69 169.92 Primal Loin 336.84 296.63 Primal Brisket 194.54 188.88 Primal Short Plate 172.29 172.29 Primal Flank 125.30 121.37 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/26 52 21 0 20 93 232.99 219.41 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 233.49 220.67 -------------------------------------------------------------------------------- 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 22.35 loads 893,957 pounds Select Cuts 10.57 loads 422,723 pounds Trimmings 18.89 loads 755,434 pounds Ground Beef 10.37 loads 414,834 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 4 35,515 731.48 775.15 732.64 112A 3 Rib, ribeye, bnls, light 4 2,803 877.00 891.25 878.59 112A 3 Rib, ribeye, bnls, heavy 9 8,295 851.75 860.00 859.12 113C 1 Chuck, semi-bnls, neck/off 3 7,047 226.64 256.00 234.27 114 1 Chuck, shoulder clod 3 15,524 221.56 236.08 224.36 114A 3 Chuck, shoulder clod, trmd 4 10,467 230.00 240.23 234.33 114D 3 Chuck, clod, top blade 8 19,478 388.50 400.81 391.11 114E 3 Chuck, clod, arm roast 16 32,500 248.00 260.00 256.72 114F 5 Chuck, clod tender (IM) 7 6,221 516.36 540.00 528.04 116A 3 Chuck, roll, lxl, neck/off 17 73,043 250.00 271.75 254.28 116B 1 Chuck, chuck tender (IM) 4 42,791 214.00 230.00 217.03 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 7 14,448 558.50 660.00 580.03 120 1 Brisket, deckle-off, bnls 17 57,627 265.11 286.50 271.10 120A 3 Brisket, point/off, bnls 5 4,262 460.00 475.00 463.72 123A 3 Short Plate, short rib 20 41,037 546.36 592.25 578.27 130 4 Chuck, short rib 10 23,833 340.63 380.05 352.65 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 14 83,869 220.89 245.00 233.09 168 1 Round, top inside round 4 17,416 213.00 225.00 217.66 168 3 Round, top inside round 12 55,733 220.30 241.75 227.97 169 5 Round, top inside, denuded 6 8,186 259.89 286.50 268.26 169A 5 Round, top inside, cap off 3 Round, top inside, side off 170 1 Round, bottom gooseneck 5 4,212 192.12 206.75 201.42 171B 3 Round, outside round 15 50,093 193.89 216.92 204.95 171C 3 Round, eye of round (IM) 11 24,444 218.00 234.00 224.38 174 3 Loin, short loin, 0x1 4 3,098 657.00 701.50 673.62 175 3 Loin, strip loin, 1x1 3 119,009 662.82 663.16 663.00 1 Loin, strip loin bnls. 1x1 7 4,894 734.00 765.00 741.70 180 3 Loin, strip, bnls, 0x1 5 6,996 787.00 826.20 808.49 184 1 Loin, top butt, bnls, heavy 5 7,793 345.00 345.00 345.00 184 3 Loin, top butt, boneless 4 1,425 352.46 371.00 367.46 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 7 24,570 575.00 635.00 594.49 185B 1 Loin, ball-tip, bnls, heavy 5 13,050 263.27 277.85 270.02 185C 1 Loin, sirloin, tri-tip (IM) 3 3,965 420.00 430.00 422.09 185D 4 Loin, tri-tip, pld (IM) 4 5,264 554.00 601.75 570.39 189A 4 Loin, tndrloin, trmd, heavy 5 2,907 970.00 1076.75 977.51 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 3 4,148 514.00 531.00 525.85 -------------------------------------------------------------------------------- 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 9 37,566 759.50 827.88 796.32 112A 3 Rib, ribeye, bnls, heavy 3 24,357 765.00 806.25 767.23 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 8 64,560 216.75 226.38 222.98 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) 3 2,699 500.23 530.00 526.55 116A 3 Chuck, roll, lxl, neck/off 5 50,945 249.23 260.00 251.89 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 3 15,108 535.76 538.00 537.54 120 1 Brisket, deckle-off, bnls 4 21,146 264.11 279.50 265.47 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 4 10,180 213.00 220.00 215.90 168 3 Round, top inside round 6 28,123 214.50 222.71 218.15 169 5 Round, top inside, denuded 0 0 169A 5 Round, top inside, cap off 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 6 5,417 199.63 211.42 205.15 171B 3 Round, outside round 3 3,710 202.12 214.50 210.62 171C 3 Round, eye of round (IM) 174 3 Loin, short loin, 0x1 6 8,114 532.00 559.68 547.25 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 3 3,798 571.20 590.00 571.87 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 4 2,633 356.00 371.34 360.11 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 4 5,001 580.00 605.00 583.98 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 3 1,450 949.50 957.74 953.76 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 5 22,407 495.00 517.00 503.28 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 3 8,151 130.00 160.00 153.92 121D 4 Plate, Inside Skirt (IM) 10 10,625 441.00 476.75 453.67 121C 4 Plate, Outside Skirt (IM) 9 5,761 771.00 861.00 816.65 121E 6 Outside Skirt, pld (IM) 8 10,622 984.92 1013.37 1005.18 Cap, Wedge Meat & (IM) Lean 14 41,617 292.00 308.06 302.04 Pectoral Meat 11 9,474 315.00 327.58 319.21 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 4 118,847 177.78 201.25 186.78 Ground Beef 75% Ground Beef 81% 15 130,601 180.00 227.00 193.36 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 3 7,758 290.00 304.00 295.02 Ground Beef Chuck 80% 3 37,045 206.32 214.50 206.97 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% 0 0 Blended Ground Beef 75% 0 0 Blended Ground Beef 81% Blended Ground Beef 85% 0 0 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 29 755,434 82.25 104.39 90.63 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 .