LM_XB402 Des Moines, IA Tue, May 07, 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: 226.02 213.92 Change from prior day: (0.98) (0.06) -------------------------------------------------------------------------------- Choice/Select spread: 12.10 Total Load Count (Cuts, Trimmings, Grinds): 94 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 379.48 356.31 Primal Chuck 173.40 172.83 Primal Round 162.42 162.13 Primal Loin 325.37 282.71 Primal Brisket 195.75 195.89 Primal Short Plate 170.52 170.52 Primal Flank 124.68 119.83 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 05/06 47 23 12 17 99 227.00 213.98 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 229.04 215.61 -------------------------------------------------------------------------------- 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 50.20 loads 2,008,071 pounds Select Cuts 21.38 loads 855,383 pounds Trimmings 7.22 loads 288,782 pounds Ground Beef 14.81 loads 592,497 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 17 312,964 699.43 760.00 721.55 112A 3 Rib, ribeye, bnls, light 8 32,679 800.00 858.00 826.18 112A 3 Rib, ribeye, bnls, heavy 19 39,086 805.00 850.90 821.63 113C 1 Chuck, semi-bnls, neck/off 3 46,373 214.00 226.25 215.51 114 1 Chuck, shoulder clod 4 5,989 220.00 231.97 226.71 114A 3 Chuck, shoulder clod, trmd 8 16,296 230.00 250.00 233.65 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 7 40,540 239.00 255.00 239.22 114F 5 Chuck, clod tender (IM) 3 1,270 486.75 490.00 489.78 116A 3 Chuck, roll, lxl, neck/off 15 145,652 242.00 265.00 248.61 116B 1 Chuck, chuck tender (IM) 5 11,040 207.00 228.59 212.46 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 3 7,121 559.00 568.94 564.80 120 1 Brisket, deckle-off, bnls 16 34,203 270.28 295.00 277.17 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 11 6,210 570.00 588.00 578.75 130 4 Chuck, short rib 9 8,031 334.64 361.00 349.63 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 17 105,679 220.00 238.25 225.38 168 1 Round, top inside round 15 438,934 194.00 211.00 194.36 168 3 Round, top inside round 17 162,248 200.54 222.25 203.80 169 5 Round, top inside, denuded 5 189,955 224.00 232.45 231.02 169A 5 Round, top inside, cap off 3 11,499 277.50 290.00 280.14 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 5 14,122 186.90 200.91 188.99 171B 3 Round, outside round 16 32,667 200.00 215.48 205.17 171C 3 Round, eye of round (IM) 14 17,241 217.00 227.50 220.21 174 3 Loin, short loin, 0x1 9 56,750 625.26 644.00 634.43 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 15 26,104 791.00 849.00 813.41 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 10 25,478 344.58 369.00 355.74 184B 3 Loin, top butt, CC (IM) 3 18,069 448.70 518.00 454.43 185A 4 Loin, bottom sirloin, flap 7 87,476 543.00 585.00 546.52 185B 1 Loin, ball-tip, bnls, heavy 0 0 185C 1 Loin, sirloin, tri-tip (IM) 3 1,829 411.41 431.50 423.36 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 12 24,563 954.00 1107.00 993.49 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 7 14,671 528.19 543.00 536.53 -------------------------------------------------------------------------------- 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 5 20,778 679.50 778.00 700.98 112A 3 Rib, ribeye, bnls, heavy 12 17,831 750.00 810.00 769.63 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 6 22,620 224.04 240.30 229.97 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 10 2,611 396.61 399.91 398.07 116A 3 Chuck, roll, lxl, neck/off 9 40,353 244.04 265.00 250.74 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 0 0 120 1 Brisket, deckle-off, bnls 4 5,707 268.66 275.58 273.48 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 8 38,051 286.00 335.28 309.03 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 7 29,771 214.10 240.30 219.67 168 1 Round, top inside round 7 170,814 194.00 207.64 194.27 168 3 Round, top inside round 10 260,631 198.35 213.00 199.41 169 5 Round, top inside, denuded 4 27,976 224.00 272.00 238.09 169A 5 Round, top inside, cap off 0 0 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 4 1,227 196.11 220.97 213.02 171B 3 Round, outside round 171C 3 Round, eye of round (IM) 7 12,005 213.00 240.00 220.11 174 3 Loin, short loin, 0x1 7 2,090 509.66 561.00 546.66 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 9 12,781 561.91 600.00 568.62 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 5 39,340 320.08 343.00 321.47 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 3 17,426 550.77 584.41 555.70 185B 1 Loin, ball-tip, bnls, heavy 6 27,722 215.00 260.30 228.11 185C 1 Loin, sirloin, tri-tip (IM) 4 6,143 350.00 398.49 357.75 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 4 1,008 512.61 525.03 522.83 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 0 0 121D 4 Plate, Inside Skirt (IM) 12 68,740 439.30 486.00 450.47 121C 4 Plate, Outside Skirt (IM) 4 1,948 754.09 783.00 770.48 121E 6 Outside Skirt, pld (IM) 3 2,104 959.37 971.43 970.60 Cap, Wedge Meat & (IM) Lean 20 17,722 290.00 325.30 299.24 Pectoral Meat 11 35,738 270.00 325.00 286.37 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 11 201,047 150.00 186.50 162.17 Ground Beef 75% Ground Beef 81% 16 120,755 180.50 207.11 187.29 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% Ground Beef Chuck 80% 6 45,712 190.00 216.50 196.89 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% 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 9 288,782 74.66 98.36 83.65 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 .