LM_XB402 Des Moines, IA Thu, May 09, 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: 223.41 206.99 Change from prior day: 0.40 (0.50) -------------------------------------------------------------------------------- Choice/Select spread: 16.42 Total Load Count (Cuts, Trimmings, Grinds): 118 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 373.38 336.55 Primal Chuck 172.33 166.88 Primal Round 162.77 161.54 Primal Loin 320.13 273.06 Primal Brisket 195.77 194.74 Primal Short Plate 163.89 163.89 Primal Flank 121.83 113.69 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 05/08 86 54 23 18 181 223.01 207.49 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 226.01 212.33 -------------------------------------------------------------------------------- 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 53.44 loads 2,137,497 pounds Select Cuts 15.38 loads 615,346 pounds Trimmings 6.78 loads 271,215 pounds Ground Beef 42.24 loads 1,689,582 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 20 115,953 677.06 730.86 699.49 112A 3 Rib, ribeye, bnls, light 11 34,002 773.99 821.50 805.16 112A 3 Rib, ribeye, bnls, heavy 16 21,155 795.00 837.00 802.25 113C 1 Chuck, semi-bnls, neck/off 3 1,820 220.00 246.25 226.11 114 1 Chuck, shoulder clod 7 8,342 217.00 235.00 221.80 114A 3 Chuck, shoulder clod, trmd 4 15,756 223.00 251.25 229.52 114D 3 Chuck, clod, top blade 5 16,910 335.00 385.09 338.65 114E 3 Chuck, clod, arm roast 9 14,984 255.00 277.00 260.78 114F 5 Chuck, clod tender (IM) 5 16,325 380.00 435.46 385.92 116A 3 Chuck, roll, lxl, neck/off 18 42,179 246.13 262.00 253.18 116B 1 Chuck, chuck tender (IM) 9 18,650 200.00 232.00 220.01 3 Chuck roll, retail ready 6 36,938 269.13 291.42 272.26 116G 4 Chuck, flap (IM) 6 11,417 535.93 570.00 546.33 120 1 Brisket, deckle-off, bnls 20 138,009 277.00 291.75 279.07 120A 3 Brisket, point/off, bnls 4 4,592 450.26 475.00 464.75 123A 3 Short Plate, short rib 10 36,994 474.00 578.00 501.38 130 4 Chuck, short rib 11 23,800 320.00 366.25 333.11 160 1 Round, bone-in 0 0 161 1 Round, boneless 167A 4 Round, knuckle, peeled 35 84,330 209.61 244.53 220.97 168 1 Round, top inside round 16 220,445 190.29 205.00 194.88 168 3 Round, top inside round 10 32,666 200.20 222.00 204.54 169 5 Round, top inside, denuded 14 113,346 227.50 256.25 232.03 169A 5 Round, top inside, cap off 7 33,398 269.00 287.04 273.85 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 4 14,688 190.00 210.57 192.21 171B 3 Round, outside round 21 100,629 202.25 217.00 204.36 171C 3 Round, eye of round (IM) 34 125,359 201.48 237.00 215.87 174 3 Loin, short loin, 0x1 11 75,868 612.11 650.00 638.06 175 3 Loin, strip loin, 1x1 3 19,829 644.00 671.75 658.91 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 26 150,467 779.00 821.50 790.14 184 1 Loin, top butt, bnls, heavy 5 4,512 325.00 325.00 325.00 184 3 Loin, top butt, boneless 17 58,251 320.00 360.00 348.45 184B 3 Loin, top butt, CC (IM) 4 9,450 470.07 510.76 475.89 185A 4 Loin, bottom sirloin, flap 12 144,388 509.00 570.00 513.12 185B 1 Loin, ball-tip, bnls, heavy 10 19,212 257.00 270.00 267.34 185C 1 Loin, sirloin, tri-tip (IM) 11 81,134 404.83 440.00 406.04 185D 4 Loin, tri-tip, pld (IM) 5 3,254 582.11 615.00 600.94 189A 4 Loin, tndrloin, trmd, heavy 32 136,171 952.00 1026.50 962.98 191A 4 Loin, butt tender, trimmed 4 5,463 967.13 988.00 978.03 193 4 Flank, flank steak (IM) 10 34,559 520.26 556.25 521.89 -------------------------------------------------------------------------------- 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 4 1,073 678.93 700.00 688.38 112A 3 Rib, ribeye, bnls, light 9 13,887 692.93 810.00 734.81 112A 3 Rib, ribeye, bnls, heavy 15 46,632 721.56 791.50 728.49 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 5 16,105 229.79 235.00 231.95 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 116A 3 Chuck, roll, lxl, neck/off 8 29,832 243.92 260.75 249.80 116B 1 Chuck, chuck tender (IM) 6 20,362 200.00 225.24 211.18 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 4 3,026 498.85 561.50 532.78 120 1 Brisket, deckle-off, bnls 4 10,336 272.50 282.52 275.26 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 6 21,940 209.90 232.00 215.66 168 1 Round, top inside round 4 14,566 191.00 193.79 193.03 168 3 Round, top inside round 5 31,157 199.58 228.93 202.92 169 5 Round, top inside, denuded 4 12,164 224.00 248.68 233.85 169A 5 Round, top inside, cap off 0 0 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 0 0 171B 3 Round, outside round 7 16,231 198.68 208.93 201.92 171C 3 Round, eye of round (IM) 6 10,772 205.71 231.25 215.74 174 3 Loin, short loin, 0x1 17 36,819 475.00 558.93 488.49 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 8 4,498 554.68 580.25 567.48 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 8 90,134 314.04 335.75 315.83 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 6 20,178 215.00 227.09 218.86 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 12 38,324 874.87 976.50 882.42 191A 4 Loin, butt tender, trimmed 7 10,653 855.93 874.78 865.69 193 4 Flank, flank steak (IM) 4 22,452 453.00 536.75 453.68 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 15 27,671 438.00 492.00 459.20 121C 4 Plate, Outside Skirt (IM) 17 19,725 666.40 835.25 695.51 121E 6 Outside Skirt, pld (IM) 5 13,026 847.40 1107.00 877.35 Cap, Wedge Meat & (IM) Lean 23 101,778 283.10 308.00 291.45 Pectoral Meat 11 42,113 275.00 315.00 288.68 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 20 192,115 151.26 199.69 159.74 Ground Beef 75% Ground Beef 81% 46 408,393 173.70 231.25 184.79 Ground Beef 85% Ground Beef 90% Ground Beef 93% 6 5,192 289.00 309.95 298.91 Ground Beef Chuck 80% 8 117,862 182.00 220.25 194.02 Ground Beef Round 85% 3 16,086 251.75 265.00 257.87 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% 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 9 271,215 81.00 85.75 82.51 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 .