LM_XB402 Des Moines, IA Wed, May 08, 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: 222.86 207.75 Change from prior day: (1.01) (4.08) -------------------------------------------------------------------------------- Choice/Select spread: 15.11 Total Load Count (Cuts, Trimmings, Grinds): 99 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 377.69 333.82 Primal Chuck 170.42 168.37 Primal Round 161.32 159.24 Primal Loin 320.07 278.72 Primal Brisket 195.53 195.09 Primal Short Plate 161.63 161.63 Primal Flank 122.92 116.09 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 05/07 95 35 16 23 168 223.87 211.83 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 227.45 214.33 -------------------------------------------------------------------------------- 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 42.85 loads 1,713,928 pounds Select Cuts 28.18 loads 1,127,183 pounds Trimmings 16.50 loads 659,962 pounds Ground Beef 10.99 loads 439,527 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 16 54,307 695.00 750.00 701.68 112A 3 Rib, ribeye, bnls, light 7 58,133 775.00 826.75 790.89 112A 3 Rib, ribeye, bnls, heavy 16 26,849 781.10 850.00 807.00 113C 1 Chuck, semi-bnls, neck/off 4 12,583 220.00 231.50 221.46 114 1 Chuck, shoulder clod 5 19,036 211.00 235.18 214.18 114A 3 Chuck, shoulder clod, trmd 10 23,595 224.04 245.18 235.50 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 5 7,321 250.00 250.00 250.00 114F 5 Chuck, clod tender (IM) 5 4,253 425.09 432.00 430.14 116A 3 Chuck, roll, lxl, neck/off 44 214,746 240.50 271.00 254.16 116B 1 Chuck, chuck tender (IM) 19 23,573 200.00 237.00 212.57 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 32 79,958 266.00 292.36 278.37 120A 3 Brisket, point/off, bnls 8 5,824 475.00 505.00 491.45 123A 3 Short Plate, short rib 9 15,161 570.00 596.00 570.60 130 4 Chuck, short rib 29 67,719 327.13 380.00 346.43 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 44 58,455 212.69 256.75 224.30 168 1 Round, top inside round 27 40,929 190.00 232.00 207.06 168 3 Round, top inside round 27 347,012 197.00 230.75 201.83 169 5 Round, top inside, denuded 8 15,517 223.00 261.00 242.90 169A 5 Round, top inside, cap off 6 24,875 267.00 287.04 270.59 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 3 2,969 190.00 199.50 199.09 171B 3 Round, outside round 15 53,278 199.69 220.00 203.80 171C 3 Round, eye of round (IM) 70 92,042 207.58 245.00 218.82 174 3 Loin, short loin, 0x1 12 49,208 581.60 676.00 591.71 175 3 Loin, strip loin, 1x1 3 6,350 644.00 679.00 653.73 1 Loin, strip loin bnls. 1x1 4 2,013 719.00 739.44 728.34 180 3 Loin, strip, bnls, 0x1 36 114,717 775.75 853.00 795.82 184 1 Loin, top butt, bnls, heavy 4 3,040 340.00 361.00 353.24 184 3 Loin, top butt, boneless 18 14,853 339.60 376.00 346.64 184B 3 Loin, top butt, CC (IM) 5 6,398 457.00 503.25 469.42 185A 4 Loin, bottom sirloin, flap 4 30,295 500.00 570.00 524.12 185B 1 Loin, ball-tip, bnls, heavy 17 38,955 255.25 285.00 279.65 185C 1 Loin, sirloin, tri-tip (IM) 5 2,493 400.00 430.00 426.93 185D 4 Loin, tri-tip, pld (IM) 5 1,489 602.00 613.00 604.79 189A 4 Loin, tndrloin, trmd, heavy 46 72,601 945.00 1050.25 962.38 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 12 20,477 515.00 550.75 526.38 -------------------------------------------------------------------------------- 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 14 148,969 659.69 762.36 671.89 112A 3 Rib, ribeye, bnls, heavy 10 5,926 744.15 798.00 760.64 113C 1 Chuck, semi-bnls, neck/off 4 33,636 206.12 225.00 207.08 114 1 Chuck, shoulder clod 3 25,171 216.83 225.03 217.60 114A 3 Chuck, shoulder clod, trmd 5 21,114 226.70 243.86 231.09 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 7 4,294 420.00 462.00 434.91 116A 3 Chuck, roll, lxl, neck/off 16 58,640 238.66 263.00 247.55 116B 1 Chuck, chuck tender (IM) 5 8,467 207.41 235.00 209.93 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 12 11,613 268.00 293.86 277.07 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 6 4,790 300.00 335.50 326.40 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 12 47,912 212.00 245.00 213.02 168 1 Round, top inside round 4 41,461 200.00 209.86 200.89 168 3 Round, top inside round 18 99,594 197.00 230.00 201.65 169 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 171B 3 Round, outside round 10 72,401 199.35 218.00 202.25 171C 3 Round, eye of round (IM) 13 19,217 207.58 238.00 215.68 174 3 Loin, short loin, 0x1 9 30,085 491.04 549.88 496.27 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 11 12,245 546.72 600.00 570.56 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 11 8,791 330.00 350.00 339.02 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 11 248,816 499.96 570.00 501.42 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 14 59,860 874.42 1008.00 888.50 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 12 25,873 478.00 536.00 483.52 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 13 34,812 437.00 488.00 450.97 121C 4 Plate, Outside Skirt (IM) 12 23,208 642.59 780.00 707.56 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 18 41,592 290.00 328.00 295.27 Pectoral Meat 14 31,040 283.48 325.00 292.00 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 9 20,805 170.00 190.86 178.26 Ground Beef 75% Ground Beef 81% 44 197,010 165.00 205.75 187.34 Ground Beef 85% Ground Beef 90% Ground Beef 93% 7 19,156 295.00 307.50 299.04 Ground Beef Chuck 80% 10 40,911 178.09 210.25 189.45 Ground Beef Round 85% 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% 0 0 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% Blended Ground Beef Sirloin 90% -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 22 659,962 77.70 91.50 81.24 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 .