LM_XB403 Des Moines, IA Fri, Apr 05, 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 steady on Choice and higher on Select on moderate to good demand and offerings. Select and Choice round and loin cuts steady to weak while chuck cuts firm to higher. Choice rib cuts steady while Select higher. Beef trimmings moderately to sharply higher on good demand and moderate offerings. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 226.93 220.28 Change from prior day: 0.19 1.92 -------------------------------------------------------------------------------- Choice/Select spread: 6.65 Total Load Count (Cuts, Trimmings, Grinds): 132 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 378.15 359.44 Primal Chuck 178.44 182.03 Primal Round 176.27 176.42 Primal Loin 309.49 284.13 Primal Brisket 192.66 188.33 Primal Short Plate 171.58 171.58 Primal Flank 122.54 122.29 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/04 72 12 5 17 106 226.74 218.36 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 226.30 218.81 -------------------------------------------------------------------------------- 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 59.02 loads 2,360,870 pounds Select Cuts 21.98 loads 879,105 pounds Trimmings 39.59 loads 1,583,438 pounds Ground Beef 11.64 loads 465,584 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 3 1,637 714.00 745.00 728.43 112A 3 Rib, ribeye, bnls, light 5 5,914 845.00 860.00 854.35 112A 3 Rib, ribeye, bnls, heavy 10 12,051 806.00 833.75 818.44 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 6 12,629 205.00 229.96 219.16 114A 3 Chuck, shoulder clod, trmd 10 59,684 216.37 233.25 222.97 114D 3 Chuck, clod, top blade 4 2,290 378.63 389.86 382.48 114E 3 Chuck, clod, arm roast 6 15,590 257.00 310.00 270.39 114F 5 Chuck, clod tender (IM) 3 2,969 547.25 550.00 549.90 116A 3 Chuck, roll, lxl, neck/off 16 84,795 260.00 279.48 265.16 116B 1 Chuck, chuck tender (IM) 10 74,301 248.00 260.00 250.68 3 Chuck roll, retail ready 6 68,574 274.20 305.00 280.61 116G 4 Chuck, flap (IM) 6 9,773 545.00 590.00 564.52 120 1 Brisket, deckle-off, bnls 17 104,805 266.15 284.63 272.17 120A 3 Brisket, point/off, bnls 8 23,481 456.55 473.00 459.04 123A 3 Short Plate, short rib 6 16,229 524.59 582.25 559.39 130 4 Chuck, short rib 21 194,510 317.00 351.75 319.98 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 16 128,850 242.00 278.70 253.00 168 1 Round, top inside round 7 54,240 215.00 230.80 216.30 168 3 Round, top inside round 16 157,187 223.00 236.25 224.48 169 5 Round, top inside, denuded 6 32,033 247.00 287.25 254.78 169A 5 Round, top inside, cap off 3 16,911 306.39 331.00 307.08 3 Round, top inside, side off 170 1 Round, bottom gooseneck 5 79,555 193.09 207.25 197.12 171B 3 Round, outside round 19 132,312 207.55 233.00 211.33 171C 3 Round, eye of round (IM) 17 97,042 233.90 266.40 238.83 174 3 Loin, short loin, 0x1 11 266,234 548.69 635.00 563.44 175 3 Loin, strip loin, 1x1 6 119,552 571.71 599.24 576.65 1 Loin, strip loin bnls. 1x1 3 5,778 651.00 651.00 651.00 180 3 Loin, strip, bnls, 0x1 11 28,667 700.50 734.63 721.39 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 17 29,936 344.63 385.00 368.56 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 7 30,899 550.00 590.60 585.65 185B 1 Loin, ball-tip, bnls, heavy 16 69,711 256.30 280.00 265.63 185C 1 Loin, sirloin, tri-tip (IM) 10 51,921 336.35 366.50 338.66 185D 4 Loin, tri-tip, pld (IM) 3 1,340 466.00 487.00 473.91 189A 4 Loin, tndrloin, trmd, heavy 21 196,230 957.19 1156.50 962.32 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 5 4,066 504.67 534.00 512.25 -------------------------------------------------------------------------------- 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 6 41,295 640.50 684.00 678.59 112A 3 Rib, ribeye, bnls, light 7 5,455 724.50 759.63 733.96 112A 3 Rib, ribeye, bnls, heavy 7 8,605 747.25 770.67 754.36 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 3 23,121 229.39 238.75 230.91 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 9 61,704 259.00 270.00 261.30 116B 1 Chuck, chuck tender (IM) 6 18,885 247.80 260.00 251.08 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 5 6,023 513.63 555.27 522.55 120 1 Brisket, deckle-off, bnls 11 22,999 255.00 274.67 265.09 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 16 279,771 317.00 352.25 317.50 160 1 Round, bone-in 0 0 161 1 Round, boneless 167A 4 Round, knuckle, peeled 168 1 Round, top inside round 3 6,913 217.00 225.25 218.85 168 3 Round, top inside round 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 5 18,985 205.53 218.26 210.63 171C 3 Round, eye of round (IM) 4 17,820 241.63 255.00 243.54 174 3 Loin, short loin, 0x1 4 14,566 498.65 563.77 505.58 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 7 34,945 515.00 571.41 520.56 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 5 28,355 313.60 330.00 325.70 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 5 58,350 955.00 994.74 956.81 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 4 1,628 505.00 535.41 524.98 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 4 3,739 130.00 175.63 136.47 121D 4 Plate, Inside Skirt (IM) 16 36,802 443.79 519.63 472.35 121C 4 Plate, Outside Skirt (IM) 11 20,541 770.69 830.00 806.05 121E 6 Outside Skirt, pld (IM) Cap, Wedge Meat & (IM) Lean 15 95,403 299.00 335.00 308.77 Pectoral Meat 25 83,611 312.07 345.00 324.69 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 6 25,700 167.00 179.00 177.24 Ground Beef 75% 0 0 Ground Beef 81% 28 111,152 181.25 220.00 198.89 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 7 72,013 295.00 311.00 307.00 Ground Beef Chuck 80% 8 42,441 194.50 215.43 204.91 Ground Beef Round 85% 3 3,642 252.00 268.66 260.59 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% 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 14 452,378 83.25 87.00 86.03 Frozen 50% lean trimmings -------------------------------------------------------------------------------- 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 .