LM_XB402 Des Moines, IA Wed, May 01, 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: 231.26 218.66 Change from prior day: (0.58) 0.45 -------------------------------------------------------------------------------- Choice/Select spread: 12.60 Total Load Count (Cuts, Trimmings, Grinds): 99 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 387.19 357.54 Primal Chuck 176.79 174.20 Primal Round 168.99 168.68 Primal Loin 333.63 295.19 Primal Brisket 196.19 193.77 Primal Short Plate 172.40 172.40 Primal Flank 124.02 121.30 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/30 58 32 17 17 123 231.84 218.21 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 232.77 219.07 -------------------------------------------------------------------------------- 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 59.13 loads 2,365,090 pounds Select Cuts 12.95 loads 518,141 pounds Trimmings 7.81 loads 312,548 pounds Ground Beef 19.32 loads 772,870 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 14 126,849 735.00 781.74 740.31 112A 3 Rib, ribeye, bnls, light 9 88,251 827.00 871.50 830.23 112A 3 Rib, ribeye, bnls, heavy 48 42,709 850.00 892.88 866.16 113C 1 Chuck, semi-bnls, neck/off 7 29,312 218.00 246.75 219.75 114 1 Chuck, shoulder clod 5 4,896 220.00 245.16 231.15 114A 3 Chuck, shoulder clod, trmd 26 77,192 230.00 255.16 239.42 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 7 12,352 250.00 250.00 250.00 114F 5 Chuck, clod tender (IM) 9 6,581 413.80 530.00 454.18 116A 3 Chuck, roll, lxl, neck/off 50 60,543 251.20 275.00 259.30 116B 1 Chuck, chuck tender (IM) 31 41,819 200.00 242.00 218.66 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 8 6,742 542.05 561.00 551.51 120 1 Brisket, deckle-off, bnls 41 50,379 265.92 291.00 276.56 120A 3 Brisket, point/off, bnls 9 10,042 469.86 501.13 485.18 123A 3 Short Plate, short rib 22 22,611 554.00 588.00 563.83 130 4 Chuck, short rib 28 22,444 337.00 363.00 348.22 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 51 54,581 225.00 261.00 237.46 168 1 Round, top inside round 41 433,253 205.51 224.88 208.11 168 3 Round, top inside round 33 357,207 204.00 236.25 216.29 169 5 Round, top inside, denuded 13 21,391 243.43 281.00 263.63 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 40 58,171 201.00 220.00 208.76 171C 3 Round, eye of round (IM) 48 32,304 220.00 245.00 228.40 174 3 Loin, short loin, 0x1 8 61,268 635.00 665.00 636.05 175 3 Loin, strip loin, 1x1 3 2,120 671.10 701.00 676.68 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 51 62,609 775.00 844.42 827.44 184 1 Loin, top butt, bnls, heavy 5 4,061 335.00 365.55 346.42 184 3 Loin, top butt, boneless 36 107,513 347.00 379.00 351.39 184B 3 Loin, top butt, CC (IM) 16 339,880 457.00 526.00 457.33 185A 4 Loin, bottom sirloin, flap 12 14,557 605.00 681.50 666.03 185B 1 Loin, ball-tip, bnls, heavy 19 58,966 251.50 281.00 260.07 185C 1 Loin, sirloin, tri-tip (IM) 4 5,738 420.00 430.00 426.35 185D 4 Loin, tri-tip, pld (IM) 3 2,972 565.00 568.28 566.48 189A 4 Loin, tndrloin, trmd, heavy 48 26,787 959.86 1052.00 1003.56 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 14 24,232 505.00 542.25 525.49 -------------------------------------------------------------------------------- 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 17,309 730.00 803.23 769.35 112A 3 Rib, ribeye, bnls, heavy 6 9,579 775.00 824.88 797.82 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 3 45,369 213.96 225.25 214.73 114A 3 Chuck, shoulder clod, trmd 4 16,072 226.25 239.08 233.94 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 10 11,527 409.76 485.10 430.44 116A 3 Chuck, roll, lxl, neck/off 6 13,481 249.86 264.88 254.02 116B 1 Chuck, chuck tender (IM) 6 1,871 221.79 258.51 244.63 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 0 0 120 1 Brisket, deckle-off, bnls 7 48,926 269.88 284.08 275.58 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 0 0 130 4 Chuck, short rib 3 3,663 320.00 343.44 325.08 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 8 17,688 227.00 241.25 232.73 168 1 Round, top inside round 4 3,131 206.88 222.08 209.56 168 3 Round, top inside round 18 73,605 211.00 238.00 215.43 169 5 Round, top inside, denuded 4 23,282 234.00 270.00 236.50 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 5 8,136 205.00 217.25 206.81 171C 3 Round, eye of round (IM) 8 26,595 216.85 240.88 223.79 174 3 Loin, short loin, 0x1 11 8,857 524.03 570.00 537.33 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 4 3,430 565.00 594.08 578.05 184 1 Loin, top butt, bnls, heavy 6 1,725 328.00 328.00 328.00 184 3 Loin, top butt, boneless 15 12,715 335.00 379.88 350.19 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 4 8,010 570.00 638.00 587.82 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 11 47,302 930.00 1031.00 937.71 191A 4 Loin, butt tender, trimmed 5 7,754 899.15 936.13 926.70 193 4 Flank, flank steak (IM) 12 5,366 520.00 536.00 526.10 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 14 28,733 440.00 493.03 453.30 121C 4 Plate, Outside Skirt (IM) 4 3,917 742.44 801.25 769.83 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 25 79,974 288.00 324.00 302.26 Pectoral Meat 20 19,363 300.00 340.00 321.61 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 14 44,732 164.10 201.48 175.89 Ground Beef 75% Ground Beef 81% 61 238,393 175.00 224.00 192.26 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 9 36,515 295.00 307.00 296.14 Ground Beef Chuck 80% 10 112,000 201.00 221.50 206.81 Ground Beef Round 85% 4 13,622 251.00 262.00 251.76 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% 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 10 312,548 79.50 94.00 84.16 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 .