LM_XB403 Des Moines, IA Thu, Apr 04, 2019 USDA Market News NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales - Afternoon USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 1:30pm 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. Boxed beef cutout values firm on Choice and weak on Select on light to moderate demand and offerings. Select and Choice rib, chuck, and round cuts steady to firm while loin cuts steady to weak. Beef trimmings slightly lower on light demand and offerings. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 226.74 218.36 Change from prior day: 0.60 (0.61) -------------------------------------------------------------------------------- Choice/Select spread: 8.38 Total Load Count (Cuts, Trimmings, Grinds): 106 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 378.30 351.75 Primal Chuck 177.43 177.33 Primal Round 177.98 177.71 Primal Loin 308.64 284.89 Primal Brisket 191.60 187.46 Primal Short Plate 171.06 171.06 Primal Flank 122.17 121.82 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/03 82 19 5 36 141 226.14 218.97 04/02 107 15 5 13 141 225.73 218.49 04/01 46 14 8 17 85 226.84 219.33 03/29 51 24 8 9 92 226.04 218.89 03/28 62 14 5 6 87 227.44 219.52 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 226.44 219.04 -------------------------------------------------------------------------------- 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 71.89 loads 2,875,605 pounds Select Cuts 11.84 loads 473,512 pounds Trimmings 5.05 loads 202,110 pounds Ground Beef 16.87 loads 674,903 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 23 124,893 694.91 749.00 721.85 112A 3 Rib, ribeye, bnls, light 8 48,171 791.19 846.50 802.70 112A 3 Rib, ribeye, bnls, heavy 29 106,432 798.62 850.00 811.47 113C 1 Chuck, semi-bnls, neck/off 9 44,427 230.00 256.25 232.30 114 1 Chuck, shoulder clod 7 11,119 215.50 231.25 221.93 114A 3 Chuck, shoulder clod, trmd 19 85,385 222.34 252.00 228.66 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 14 34,027 266.00 286.96 278.20 114F 5 Chuck, clod tender (IM) 9 10,562 490.85 554.61 531.65 116A 3 Chuck, roll, lxl, neck/off 30 178,402 257.00 286.00 263.43 116B 1 Chuck, chuck tender (IM) 21 89,699 248.00 265.00 250.12 3 Chuck roll, retail ready 13 116,468 274.19 299.70 280.70 116G 4 Chuck, flap (IM) 9 22,543 542.87 598.56 562.43 120 1 Brisket, deckle-off, bnls 29 80,217 261.25 285.63 271.33 120A 3 Brisket, point/off, bnls 9 10,045 463.00 473.40 465.80 123A 3 Short Plate, short rib 11 20,069 499.63 581.00 545.64 130 4 Chuck, short rib 17 19,793 337.00 356.00 344.50 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 43 144,631 250.00 281.25 266.08 168 1 Round, top inside round 7 11,815 225.00 245.00 228.05 168 3 Round, top inside round 30 133,648 221.00 244.00 226.02 169 5 Round, top inside, denuded 17 66,169 253.70 277.00 261.81 169A 5 Round, top inside, cap off 8 15,790 283.72 316.69 296.50 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 5 6,004 194.48 225.00 205.61 171B 3 Round, outside round 31 368,195 204.71 220.00 210.19 171C 3 Round, eye of round (IM) 48 194,285 235.00 266.50 245.19 174 3 Loin, short loin, 0x1 16 174,136 541.52 590.00 548.38 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 4 1,374 651.00 662.00 654.57 180 3 Loin, strip, bnls, 0x1 47 291,264 707.79 735.00 715.04 184 1 Loin, top butt, bnls, heavy 4 2,469 345.00 345.00 345.00 184 3 Loin, top butt, boneless 30 144,860 352.00 386.00 358.18 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 14 26,088 526.00 610.00 548.22 185B 1 Loin, ball-tip, bnls, heavy 8 40,010 254.05 270.75 260.06 185C 1 Loin, sirloin, tri-tip (IM) 10 33,303 325.69 366.75 333.05 185D 4 Loin, tri-tip, pld (IM) 5 1,449 466.00 505.00 482.76 189A 4 Loin, tndrloin, trmd, heavy 21 94,801 955.00 1025.00 973.01 191A 4 Loin, butt tender, trimmed 4 3,037 912.00 936.96 933.32 193 4 Flank, flank steak (IM) 8 7,723 509.23 549.25 520.13 -------------------------------------------------------------------------------- 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 5 5,603 635.75 684.00 656.49 112A 3 Rib, ribeye, bnls, light 8 11,750 724.50 785.00 754.15 112A 3 Rib, ribeye, bnls, heavy 10 5,687 724.50 781.50 745.18 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 7 11,899 458.48 550.00 472.94 116A 3 Chuck, roll, lxl, neck/off 12 20,979 257.00 280.00 263.31 116B 1 Chuck, chuck tender (IM) 4 17,292 245.00 260.00 247.34 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 7 7,585 500.00 546.39 526.36 120 1 Brisket, deckle-off, bnls 8 14,945 256.83 279.00 265.21 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 3 3,240 331.50 360.00 337.46 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 8 17,265 255.00 279.00 265.84 168 1 Round, top inside round 168 3 Round, top inside round 10 27,499 220.00 230.00 224.20 169 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 0 0 171B 3 Round, outside round 11 48,488 206.00 225.00 210.06 171C 3 Round, eye of round (IM) 6 5,670 240.00 258.89 249.97 174 3 Loin, short loin, 0x1 5 6,826 503.85 505.00 504.12 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 11 48,206 500.00 551.00 506.69 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 7 10,856 349.25 374.00 358.74 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 0 0 185B 1 Loin, ball-tip, bnls, heavy 4 12,256 250.00 262.00 253.07 185C 1 Loin, sirloin, tri-tip (IM) 4 1,629 307.00 335.75 321.10 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 7 4,675 977.00 998.89 981.01 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak (IM) 3 1,983 505.50 524.48 508.29 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 5 2,634 140.00 180.00 162.47 121D 4 Plate, Inside Skirt (IM) 18 55,738 431.80 481.00 462.09 121C 4 Plate, Outside Skirt (IM) 15 14,957 740.80 841.00 785.87 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 26 112,727 300.07 329.00 306.61 Pectoral Meat 9 21,850 319.74 336.50 323.93 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 13 67,348 169.72 200.75 176.86 Ground Beef 75% Ground Beef 81% 37 168,962 190.10 227.00 198.50 Ground Beef 85% 0 0 Ground Beef 90% Ground Beef 93% 10 10,239 297.33 312.67 306.70 Ground Beef Chuck 80% 14 179,267 189.00 220.50 197.62 Ground Beef Round 85% 5 9,401 255.00 258.75 258.20 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% 0 0 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 9 202,110 80.90 85.90 84.10 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 1500C .