LM_XB402 Des Moines, IA Fri, May 03, 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: 228.00 213.52 Change from prior day: (0.80) (1.56) -------------------------------------------------------------------------------- Choice/Select spread: 14.48 Total Load Count (Cuts, Trimmings, Grinds): 54 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 385.86 356.18 Primal Chuck 174.14 169.86 Primal Round 164.97 164.04 Primal Loin 328.43 284.81 Primal Brisket 197.72 193.83 Primal Short Plate 167.02 167.02 Primal Flank 123.58 118.82 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 05/02 77 30 12 34 153 228.80 215.08 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 231.40 217.58 -------------------------------------------------------------------------------- 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 20.12 loads 804,868 pounds Select Cuts 18.85 loads 753,901 pounds Trimmings 3.92 loads 156,917 pounds Ground Beef 10.97 loads 438,747 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 70,290 715.00 724.85 722.41 112A 3 Rib, ribeye, bnls, light 4 5,850 833.69 869.25 843.72 112A 3 Rib, ribeye, bnls, heavy 9 10,120 842.00 862.25 848.40 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 4 42,914 220.00 235.60 229.90 114A 3 Chuck, shoulder clod, trmd 6 20,017 230.00 238.96 234.51 114D 3 Chuck, clod, top blade 3 51,219 360.00 386.10 371.57 114E 3 Chuck, clod, arm roast 4 7,572 250.00 255.00 250.04 114F 5 Chuck, clod tender (IM) 4 9,908 488.96 525.00 493.66 116A 3 Chuck, roll, lxl, neck/off 13 68,500 245.20 266.08 254.75 116B 1 Chuck, chuck tender (IM) 11 21,147 209.00 232.00 215.37 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 6 26,803 528.00 578.73 552.72 120 1 Brisket, deckle-off, bnls 8 13,325 276.25 289.25 282.85 120A 3 Brisket, point/off, bnls 4 3,947 475.00 475.00 475.00 123A 3 Short Plate, short rib 3 5,191 528.61 573.30 539.88 130 4 Chuck, short rib 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 13 44,818 216.00 237.13 224.89 168 1 Round, top inside round 5 33,315 206.09 218.46 207.28 168 3 Round, top inside round 10 29,593 209.00 232.25 212.92 169 5 Round, top inside, denuded 169A 5 Round, top inside, cap off 4 10,699 290.00 299.63 297.40 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 11 67,466 201.00 217.25 206.18 171C 3 Round, eye of round (IM) 14 59,842 211.00 229.25 214.74 174 3 Loin, short loin, 0x1 6 22,760 632.18 702.25 666.37 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 3 2,875 742.00 742.00 742.00 180 3 Loin, strip, bnls, 0x1 4 8,015 832.25 839.75 838.70 184 1 Loin, top butt, bnls, heavy 3 3,277 335.00 335.00 335.00 184 3 Loin, top butt, boneless 5 22,252 345.00 372.25 353.91 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 7 16,085 575.00 615.70 581.21 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 3 1,186 598.94 609.25 603.30 189A 4 Loin, tndrloin, trmd, heavy 9 26,711 960.00 990.88 963.40 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) -------------------------------------------------------------------------------- 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 4 1,982 734.00 815.75 753.45 112A 3 Rib, ribeye, bnls, heavy 5 10,476 745.00 810.00 777.73 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 3 42,219 220.00 220.99 220.29 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) 116A 3 Chuck, roll, lxl, neck/off 9 171,862 242.00 260.00 243.44 116B 1 Chuck, chuck tender (IM) 3 11,525 209.00 215.00 211.14 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 3 4,163 535.88 550.76 546.82 120 1 Brisket, deckle-off, bnls 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 160 1 Round, bone-in 0 0 161 1 Round, boneless 167A 4 Round, knuckle, peeled 9 66,229 214.00 236.25 216.32 168 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 171B 3 Round, outside round 3 4,716 201.68 219.25 205.74 171C 3 Round, eye of round (IM) 4 11,278 213.61 225.00 215.29 174 3 Loin, short loin, 0x1 4 25,035 515.09 531.00 517.32 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 6 13,847 554.61 588.00 557.10 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 3 15,698 332.00 345.00 335.61 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 3 48,028 540.00 573.93 562.11 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 3 43,564 341.14 341.88 341.44 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 9 51,084 917.00 964.25 924.72 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 5 25,008 494.00 527.25 495.67 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 121C 4 Plate, Outside Skirt (IM) 4 11,838 700.00 785.88 713.41 121E 6 Outside Skirt, pld (IM) 0 0 Cap, Wedge Meat & (IM) Lean 13 113,332 282.75 315.00 290.72 Pectoral Meat 5 17,745 306.00 329.00 313.69 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 13 122,561 166.95 195.75 172.66 Ground Beef 75% 0 0 Ground Beef 81% 22 111,627 169.75 225.75 188.87 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% Ground Beef Chuck 80% 5 49,496 199.00 216.00 213.15 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% Blended Ground Beef 75% 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% Blended Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 6 156,917 78.00 86.64 82.69 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 .