LM_XB402 Des Moines, IA Mon, May 06, 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: 227.95 213.43 Change from prior day: 0.59 0.14 -------------------------------------------------------------------------------- Choice/Select spread: 14.52 Total Load Count (Cuts, Trimmings, Grinds): 44 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 377.49 356.31 Primal Chuck 173.71 170.96 Primal Round 165.02 161.94 Primal Loin 332.71 283.84 Primal Brisket 196.51 196.30 Primal Short Plate 169.00 169.00 Primal Flank 124.37 118.51 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 05/03 44 34 9 20 107 227.36 213.29 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 230.27 216.36 -------------------------------------------------------------------------------- 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 23.19 loads 927,577 pounds Select Cuts 11.19 loads 447,687 pounds Trimmings 6.27 loads 250,607 pounds Ground Beef 3.61 loads 144,489 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 9,498 699.94 741.00 710.78 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 7 7,028 827.00 851.71 845.90 113C 1 Chuck, semi-bnls, neck/off 5 16,044 218.50 241.75 219.98 114 1 Chuck, shoulder clod 10 201,374 220.00 228.07 225.91 114A 3 Chuck, shoulder clod, trmd 3 12,110 231.75 235.00 233.76 114D 3 Chuck, clod, top blade 4 3,043 386.32 400.86 393.19 114E 3 Chuck, clod, arm roast 14 11,868 250.00 255.00 252.77 114F 5 Chuck, clod tender (IM) 4 1,823 480.00 525.00 506.05 116A 3 Chuck, roll, lxl, neck/off 9 26,011 249.00 271.75 252.89 116B 1 Chuck, chuck tender (IM) 5 39,117 209.00 233.64 210.87 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 11 14,578 558.40 573.50 565.96 120 1 Brisket, deckle-off, bnls 18 172,082 273.00 287.75 278.85 120A 3 Brisket, point/off, bnls 5 2,815 475.00 500.06 480.78 123A 3 Short Plate, short rib 15 33,032 566.30 596.00 576.70 130 4 Chuck, short rib 11 18,331 335.60 380.00 359.60 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 9 19,597 213.00 246.75 229.38 168 1 Round, top inside round 5 9,346 210.00 211.00 210.79 168 3 Round, top inside round 8 44,933 203.00 231.75 210.21 169 5 Round, top inside, denuded 169A 5 Round, top inside, cap off 8 7,657 284.00 300.00 292.00 3 Round, top inside, side off 170 1 Round, bottom gooseneck 3 5,516 197.00 206.75 201.18 171B 3 Round, outside round 4 11,220 203.00 211.79 204.22 171C 3 Round, eye of round (IM) 10 36,080 212.06 226.00 215.41 174 3 Loin, short loin, 0x1 4 51,362 630.59 683.50 637.41 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 3 2,152 742.00 742.00 742.00 180 3 Loin, strip, bnls, 0x1 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 3 18,464 346.00 363.25 359.29 184B 3 Loin, top butt, CC (IM) 4 4,500 455.00 500.14 466.35 185A 4 Loin, bottom sirloin, flap 6 14,733 585.00 683.25 621.11 185B 1 Loin, ball-tip, bnls, heavy 7 20,076 263.30 278.04 274.98 185C 1 Loin, sirloin, tri-tip (IM) 3 1,727 408.63 430.00 427.70 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 4 5,046 956.00 1036.75 963.52 191A 4 Loin, butt tender, trimmed 3 1,147 950.00 970.64 952.03 193 4 Flank, flank steak (IM) 4 3,810 532.00 561.75 546.50 -------------------------------------------------------------------------------- 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 112A 3 Rib, ribeye, bnls, heavy 5 7,224 757.40 810.00 783.79 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 3 47,966 216.75 230.00 218.10 114A 3 Chuck, shoulder clod, trmd 3 18,095 234.03 241.71 236.49 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 5 8,540 243.28 255.00 253.22 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 7 8,823 534.06 556.29 542.65 120 1 Brisket, deckle-off, bnls 4 22,993 278.00 281.43 278.92 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 6 8,680 310.00 341.40 327.19 160 1 Round, bone-in 0 0 161 1 Round, boneless 167A 4 Round, knuckle, peeled 3 81,677 212.00 230.00 213.09 168 1 Round, top inside round 168 3 Round, top inside round 6 71,992 205.00 215.00 205.38 169 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 3 3,663 193.35 211.42 200.71 171B 3 Round, outside round 171C 3 Round, eye of round (IM) 174 3 Loin, short loin, 0x1 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 5 12,847 564.71 600.00 568.49 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 4 4,588 328.50 341.26 336.44 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 3 8,375 540.00 580.00 548.13 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 4 14,553 906.26 979.67 911.63 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 6 5,922 452.86 470.00 460.00 121C 4 Plate, Outside Skirt (IM) 9 6,544 764.00 851.00 795.83 121E 6 Outside Skirt, pld (IM) 7 10,504 964.79 1140.00 1029.83 Cap, Wedge Meat & (IM) Lean 14 63,923 280.00 302.01 287.85 Pectoral Meat 8 17,296 288.43 320.00 293.90 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 6 59,713 159.00 191.25 162.94 Ground Beef 75% 0 0 Ground Beef 81% 18 58,956 180.00 227.00 203.45 Ground Beef 85% 0 0 Ground Beef 90% 0 0 Ground Beef 93% Ground Beef Chuck 80% 3 16,140 199.50 205.71 205.67 Ground Beef Round 85% 0 0 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% 0 0 Blended Ground Beef 90% 0 0 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 9 250,607 82.50 90.75 86.47 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 .