LM_XB403 Des Moines, IA Mon, Apr 08, 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 to higher on moderate to fairly good demand and moderate offerings to heavy offerings. Select and Choice chuck and loin cuts firm to higher while rib and round cuts mostly steady to weak. Beef trimmings mostly firm to slightly higher on moderate demand and light to moderate offerings. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 228.67 220.88 Change from prior day: 1.74 0.60 -------------------------------------------------------------------------------- Choice/Select spread: 7.79 Total Load Count (Cuts, Trimmings, Grinds): 117 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 381.04 355.65 Primal Chuck 180.68 183.03 Primal Round 174.55 175.48 Primal Loin 315.31 288.67 Primal Brisket 191.65 187.53 Primal Short Plate 171.25 171.25 Primal Flank 121.70 123.70 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/05 59 22 40 12 132 226.93 220.28 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 226.48 219.09 -------------------------------------------------------------------------------- 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 60.87 loads 2,434,880 pounds Select Cuts 25.39 loads 1,015,632 pounds Trimmings 8.12 loads 324,999 pounds Ground Beef 22.45 loads 897,963 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 15 132,440 705.14 765.25 726.68 112A 3 Rib, ribeye, bnls, light 5 54,486 800.44 856.25 822.45 112A 3 Rib, ribeye, bnls, heavy 16 48,297 790.00 854.00 812.96 113C 1 Chuck, semi-bnls, neck/off 10 23,065 231.64 252.93 237.01 114 1 Chuck, shoulder clod 9 156,491 209.52 226.75 222.75 114A 3 Chuck, shoulder clod, trmd 10 63,128 222.00 240.00 226.78 114D 3 Chuck, clod, top blade 6 2,954 385.34 399.00 388.20 114E 3 Chuck, clod, arm roast 25 23,983 264.00 310.00 287.23 114F 5 Chuck, clod tender (IM) 15 42,237 467.36 566.75 484.08 116A 3 Chuck, roll, lxl, neck/off 30 73,391 259.75 281.75 265.01 116B 1 Chuck, chuck tender (IM) 8 5,722 248.65 262.93 256.10 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 23 49,591 525.44 580.69 557.12 120 1 Brisket, deckle-off, bnls 21 152,619 263.13 289.00 268.62 120A 3 Brisket, point/off, bnls 8 9,187 460.40 480.37 469.13 123A 3 Short Plate, short rib 20 39,622 521.00 576.00 554.19 130 4 Chuck, short rib 18 42,504 330.40 380.00 356.73 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 26 76,790 246.20 286.00 269.62 168 1 Round, top inside round 4 5,746 225.00 230.00 226.94 168 3 Round, top inside round 21 81,753 223.00 245.00 227.33 169 5 Round, top inside, denuded 8 32,878 261.95 277.00 262.70 169A 5 Round, top inside, cap off 5 4,522 302.00 310.00 304.25 3 Round, top inside, side off 170 1 Round, bottom gooseneck 7 7,085 196.25 211.75 204.88 171B 3 Round, outside round 17 145,372 206.00 233.00 210.36 171C 3 Round, eye of round (IM) 22 107,344 233.50 266.23 239.20 174 3 Loin, short loin, 0x1 16 311,506 554.95 642.40 617.81 175 3 Loin, strip loin, 1x1 3 43,145 590.00 626.75 591.80 1 Loin, strip loin bnls. 1x1 4 4,320 651.00 675.00 653.02 180 3 Loin, strip, bnls, 0x1 22 98,096 705.14 752.42 737.40 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 20 71,219 355.00 379.00 360.20 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 18 60,849 550.00 607.50 578.68 185B 1 Loin, ball-tip, bnls, heavy 15 26,835 258.63 287.00 266.73 185C 1 Loin, sirloin, tri-tip (IM) 4 19,094 336.59 366.75 351.38 185D 4 Loin, tri-tip, pld (IM) 5 10,732 466.00 499.00 469.66 189A 4 Loin, tndrloin, trmd, heavy 23 65,358 959.10 1141.50 982.96 191A 4 Loin, butt tender, trimmed 5 21,070 933.95 956.10 949.43 193 4 Flank, flank steak (IM) 10 34,247 502.43 549.25 510.19 -------------------------------------------------------------------------------- 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 11 108,962 644.33 673.00 652.99 112A 3 Rib, ribeye, bnls, light 9 80,327 724.60 773.25 746.50 112A 3 Rib, ribeye, bnls, heavy 12 17,817 746.25 776.75 767.22 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 5 4,196 209.52 234.72 223.19 114A 3 Chuck, shoulder clod, trmd 8 80,001 224.43 245.34 234.00 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 4 14,131 437.36 459.33 438.63 116A 3 Chuck, roll, lxl, neck/off 9 29,386 262.40 272.30 267.21 116B 1 Chuck, chuck tender (IM) 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 6 9,836 524.62 527.77 526.00 120 1 Brisket, deckle-off, bnls 8 106,644 263.13 275.30 263.41 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 7 6,765 310.00 361.75 332.73 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 168 1 Round, top inside round 168 3 Round, top inside round 8 26,055 223.00 233.30 226.88 169 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 7 93,030 193.42 204.22 197.06 171B 3 Round, outside round 4 7,436 210.00 243.43 217.67 171C 3 Round, eye of round (IM) 5 3,070 243.43 260.30 249.99 174 3 Loin, short loin, 0x1 9 33,028 499.60 565.67 528.70 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 15 16,598 518.00 590.67 549.22 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 10 50,852 358.00 376.34 366.16 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 3 3,150 563.00 575.30 566.38 185B 1 Loin, ball-tip, bnls, heavy 3 2,824 251.82 298.00 267.50 185C 1 Loin, sirloin, tri-tip (IM) 4 9,683 315.00 330.30 319.32 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 191A 4 Loin, butt tender, trimmed 4 2,778 930.34 969.90 932.98 193 4 Flank, flank steak (IM) 4 1,890 513.00 540.00 521.53 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 4 18,829 125.30 140.00 126.80 121D 4 Plate, Inside Skirt (IM) 20 53,104 440.00 519.15 470.95 121C 4 Plate, Outside Skirt (IM) 18 10,995 635.00 841.00 736.26 121E 6 Outside Skirt, pld (IM) 7 22,840 991.69 1036.10 1007.66 Cap, Wedge Meat & (IM) Lean 23 279,806 297.75 325.30 304.20 Pectoral Meat 12 36,531 319.50 335.00 325.15 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 16 239,661 170.00 200.75 178.40 Ground Beef 75% Ground Beef 81% 26 161,444 192.00 226.25 202.95 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 4 10,223 286.26 304.50 295.73 Ground Beef Chuck 80% 6 134,726 190.04 213.50 205.88 Ground Beef Round 85% 4 28,733 240.89 254.25 245.40 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% 0 0 Blended Ground Beef Chuck 80% 0 0 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 16 324,999 84.25 90.75 86.39 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 .