LM_XB402 Des Moines, IA Thu, May 02, 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: 228.97 216.33 Change from prior day: (1.25) (1.17) -------------------------------------------------------------------------------- Choice/Select spread: 12.64 Total Load Count (Cuts, Trimmings, Grinds): 79 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 386.96 362.45 Primal Chuck 175.60 171.41 Primal Round 166.51 165.30 Primal Loin 328.97 290.51 Primal Brisket 196.54 194.72 Primal Short Plate 167.44 167.44 Primal Flank 123.29 121.04 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 05/01 91 29 14 30 164 230.22 217.50 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 232.22 218.52 -------------------------------------------------------------------------------- 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 29.25 loads 1,170,058 pounds Select Cuts 14.51 loads 580,309 pounds Trimmings 9.30 loads 372,022 pounds Ground Beef 26.40 loads 1,055,962 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 9 56,500 725.00 780.50 744.11 112A 3 Rib, ribeye, bnls, light 11 30,077 824.99 865.25 828.69 112A 3 Rib, ribeye, bnls, heavy 13 15,969 825.78 880.50 840.06 113C 1 Chuck, semi-bnls, neck/off 4 6,065 220.00 246.25 225.85 114 1 Chuck, shoulder clod 7 8,313 220.00 235.00 227.05 114A 3 Chuck, shoulder clod, trmd 4 12,849 230.00 238.50 230.92 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 4 2,484 250.00 275.50 254.30 114F 5 Chuck, clod tender (IM) 7 3,338 475.25 525.00 512.46 116A 3 Chuck, roll, lxl, neck/off 19 101,735 248.00 272.00 253.73 116B 1 Chuck, chuck tender (IM) 9 42,858 215.00 247.00 224.87 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 18 24,200 274.69 290.30 281.43 120A 3 Brisket, point/off, bnls 3 2,292 466.72 475.00 472.02 123A 3 Short Plate, short rib 7 16,636 530.00 586.00 564.94 130 4 Chuck, short rib 9 5,789 345.50 380.00 351.11 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 23 98,382 213.00 251.25 222.58 168 1 Round, top inside round 4 10,139 210.00 213.00 212.40 168 3 Round, top inside round 19 94,849 205.00 232.00 210.55 169 5 Round, top inside, denuded 5 20,140 236.00 266.25 245.74 169A 5 Round, top inside, cap off 4 22,561 278.72 299.55 283.77 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 3 3,672 194.50 210.00 198.17 171B 3 Round, outside round 16 88,195 200.00 217.00 203.69 171C 3 Round, eye of round (IM) 22 74,121 214.17 237.00 218.44 174 3 Loin, short loin, 0x1 7 3,058 651.16 696.50 661.08 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 11 36,150 775.64 826.50 805.71 184 1 Loin, top butt, bnls, heavy 4 3,094 335.00 345.00 338.99 184 3 Loin, top butt, boneless 8 13,630 347.55 382.00 352.19 184B 3 Loin, top butt, CC (IM) 6 126,717 449.55 515.25 451.91 185A 4 Loin, bottom sirloin, flap 17 82,205 555.00 681.50 576.91 185B 1 Loin, ball-tip, bnls, heavy 5 5,661 265.00 292.00 272.48 185C 1 Loin, sirloin, tri-tip (IM) 3 1,011 420.00 426.50 425.93 185D 4 Loin, tri-tip, pld (IM) 6 3,783 573.38 611.00 599.51 189A 4 Loin, tndrloin, trmd, heavy 12 23,226 955.00 1067.25 992.65 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 8 7,720 522.00 565.25 531.02 -------------------------------------------------------------------------------- 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 3 2,412 674.83 729.00 679.73 112A 3 Rib, ribeye, bnls, light 8 6,688 735.00 798.72 771.74 112A 3 Rib, ribeye, bnls, heavy 7 3,787 748.00 806.50 770.06 113C 1 Chuck, semi-bnls, neck/off 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 0 0 114F 5 Chuck, clod tender (IM) 3 1,037 440.00 525.00 481.29 116A 3 Chuck, roll, lxl, neck/off 13 47,658 243.98 265.00 251.44 116B 1 Chuck, chuck tender (IM) 4 13,044 213.00 230.50 224.39 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 5 12,578 299.00 338.44 308.30 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 9 40,790 213.00 243.30 218.36 168 1 Round, top inside round 168 3 Round, top inside round 4 17,533 209.00 228.50 209.61 169 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 5 8,527 206.25 214.63 209.50 171C 3 Round, eye of round (IM) 3 17,787 220.00 227.25 220.75 174 3 Loin, short loin, 0x1 6 3,838 535.00 560.50 537.10 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 12 25,795 556.25 605.00 568.11 184 1 Loin, top butt, bnls, heavy 3 2,095 330.00 335.00 330.36 184 3 Loin, top butt, boneless 9 104,398 321.94 364.90 323.67 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 4 22,385 551.00 589.63 566.61 185B 1 Loin, ball-tip, bnls, heavy 5 54,248 225.00 239.75 230.82 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 9 26,222 934.75 978.72 937.85 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 3 10,091 506.00 526.50 507.80 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 4 7,383 122.00 140.00 130.74 121D 4 Plate, Inside Skirt (IM) 10 16,753 440.00 492.00 464.48 121C 4 Plate, Outside Skirt (IM) 19 41,100 691.54 831.25 749.81 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 11 26,622 289.90 310.00 291.08 Pectoral Meat 19 148,294 290.00 331.75 297.60 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 9 44,750 164.00 201.48 173.40 Ground Beef 75% Ground Beef 81% 27 205,751 165.00 215.75 181.72 Ground Beef 85% Ground Beef 90% Ground Beef 93% 7 4,126 289.00 312.56 297.23 Ground Beef Chuck 80% 4 47,951 193.61 216.77 207.09 Ground Beef Round 85% 3 10,748 239.67 251.00 240.82 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% 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 16 372,022 74.66 91.25 83.51 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 .