LM_XB402 Des Moines, IA Tue, Apr 30, 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: 232.28 219.07 Change from prior day: (0.86) 1.35 -------------------------------------------------------------------------------- Choice/Select spread: 13.21 Total Load Count (Cuts, Trimmings, Grinds): 65 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 389.98 355.92 Primal Chuck 177.74 175.07 Primal Round 169.97 169.30 Primal Loin 333.66 296.07 Primal Brisket 194.79 189.97 Primal Short Plate 175.11 175.11 Primal Flank 126.12 121.39 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/29 41 26 26 13 106 233.14 217.72 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 233.22 219.69 -------------------------------------------------------------------------------- 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 31.32 loads 1,252,906 pounds Select Cuts 19.36 loads 774,386 pounds Trimmings 4.67 loads 186,795 pounds Ground Beef 9.88 loads 395,242 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 14 152,891 732.43 781.75 739.73 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 9 12,557 835.94 899.87 845.86 113C 1 Chuck, semi-bnls, neck/off 5 17,022 220.00 237.50 223.41 114 1 Chuck, shoulder clod 4 3,813 224.00 232.00 225.33 114A 3 Chuck, shoulder clod, trmd 5 4,370 228.75 246.46 237.66 114D 3 Chuck, clod, top blade 5 5,775 379.39 389.01 384.75 114E 3 Chuck, clod, arm roast 3 81,517 243.50 276.50 243.79 114F 5 Chuck, clod tender (IM) 5 19,480 450.15 530.00 462.03 116A 3 Chuck, roll, lxl, neck/off 19 104,842 249.83 266.46 255.14 116B 1 Chuck, chuck tender (IM) 6 70,125 211.80 234.00 220.11 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 9 22,305 525.43 573.55 538.23 120 1 Brisket, deckle-off, bnls 9 16,648 270.75 291.46 278.43 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 5 13,450 521.00 591.75 561.94 130 4 Chuck, short rib 10 32,317 318.00 380.00 341.42 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 10 33,911 235.10 252.70 239.09 168 1 Round, top inside round 5 27,799 212.98 225.00 215.84 168 3 Round, top inside round 11 46,580 219.87 243.00 225.48 169 5 Round, top inside, denuded 4 4,894 266.00 284.00 278.36 169A 5 Round, top inside, cap off 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 11 50,074 202.55 215.13 205.48 171C 3 Round, eye of round (IM) 10 16,665 220.00 234.00 226.73 174 3 Loin, short loin, 0x1 4 17,827 650.03 675.60 654.02 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 7 60,054 775.00 835.00 802.79 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 6 8,344 362.80 380.50 366.14 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 6 18,857 584.05 677.50 604.63 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 4 3,428 415.75 431.50 420.78 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 10 98,682 954.96 980.08 959.38 191A 4 Loin, butt tender, trimmed 5 3,709 950.00 996.00 976.74 193 4 Flank, flank steak (IM) 11 17,429 526.41 561.75 534.71 -------------------------------------------------------------------------------- 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 5 4,506 668.00 721.00 678.30 112A 3 Rib, ribeye, bnls, light 4 23,037 730.00 776.82 737.03 112A 3 Rib, ribeye, bnls, heavy 4 13,115 765.00 814.93 789.58 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 3 5,190 216.75 233.00 220.46 114A 3 Chuck, shoulder clod, trmd 6 28,942 234.93 244.87 239.30 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 8 2,785 427.89 530.00 462.68 116A 3 Chuck, roll, lxl, neck/off 19 222,176 249.77 271.00 252.71 116B 1 Chuck, chuck tender (IM) 4 25,410 217.50 218.00 217.74 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 12 8,638 534.28 539.02 535.97 120 1 Brisket, deckle-off, bnls 5 16,005 266.00 286.00 268.91 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 4 6,295 228.00 265.00 240.33 168 1 Round, top inside round 5 7,010 216.15 226.08 218.15 168 3 Round, top inside round 5 56,733 210.00 238.75 219.76 169 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 171C 3 Round, eye of round (IM) 5 28,091 224.76 235.08 231.59 174 3 Loin, short loin, 0x1 12 41,654 516.00 603.26 566.92 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 5 1,620 566.25 598.00 577.95 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 5 59,105 331.50 359.93 335.12 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 3 22,732 579.77 641.25 586.80 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 4 1,634 942.25 950.00 948.89 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 4 14,068 500.00 536.00 503.31 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 8 37,952 440.30 484.07 463.11 121C 4 Plate, Outside Skirt (IM) 8 6,011 768.99 846.00 820.39 121E 6 Outside Skirt, pld (IM) 5 7,815 979.39 1011.63 985.91 Cap, Wedge Meat & (IM) Lean 16 34,697 290.00 312.50 295.20 Pectoral Meat 7 122,053 301.30 341.20 302.81 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 15 79,069 166.00 201.48 183.68 Ground Beef 75% Ground Beef 81% 31 190,886 174.61 227.00 190.32 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 0 0 Ground Beef Chuck 80% 5 41,417 204.87 216.44 215.52 Ground Beef Round 85% 3 1,980 255.25 262.87 258.13 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% Blended Ground Beef 93% 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 8 186,795 88.00 95.25 93.05 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 .