LM_XB403 Des Moines, IA Tue, Apr 09, 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 weak to lower on light demand and moderate offerings. Select and Choice rib and round cuts steady to weak while chuck cuts lower. Choice loin cuts higher while Select steady. Beef trimmings sharply higher on moderate to good demand and light offerings. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 228.32 218.80 Change from prior day: (0.35) (2.08) -------------------------------------------------------------------------------- Choice/Select spread: 9.52 Total Load Count (Cuts, Trimmings, Grinds): 116 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 383.08 354.88 Primal Chuck 177.06 176.34 Primal Round 173.03 175.65 Primal Loin 319.33 288.24 Primal Brisket 189.76 187.16 Primal Short Plate 172.31 172.31 Primal Flank 121.26 123.25 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/08 61 25 8 22 117 228.67 220.88 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 226.84 219.40 -------------------------------------------------------------------------------- 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 69.08 loads 2,763,216 pounds Select Cuts 22.09 loads 883,616 pounds Trimmings 5.44 loads 217,465 pounds Ground Beef 19.81 loads 792,221 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 10 69,033 709.89 760.75 731.73 112A 3 Rib, ribeye, bnls, light 5 49,279 818.00 856.50 850.30 112A 3 Rib, ribeye, bnls, heavy 20 36,053 798.00 850.03 814.93 113C 1 Chuck, semi-bnls, neck/off 8 27,263 220.35 250.00 231.24 114 1 Chuck, shoulder clod 8 77,155 204.95 228.07 209.97 114A 3 Chuck, shoulder clod, trmd 21 140,552 219.46 230.00 224.80 114D 3 Chuck, clod, top blade 6 6,607 378.57 392.31 380.97 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender (IM) 5 6,372 519.00 566.20 526.30 116A 3 Chuck, roll, lxl, neck/off 38 297,469 252.79 277.00 258.45 116B 1 Chuck, chuck tender (IM) 18 101,557 243.00 267.25 246.89 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 5 20,680 545.54 570.00 550.56 120 1 Brisket, deckle-off, bnls 30 130,628 263.00 287.25 265.98 120A 3 Brisket, point/off, bnls 6 6,197 459.18 476.75 467.47 123A 3 Short Plate, short rib 7 7,740 534.26 576.75 558.26 130 4 Chuck, short rib 19 66,605 328.96 380.00 341.11 160 1 Round, bone-in 0 0 161 1 Round, boneless 167A 4 Round, knuckle, peeled 40 193,723 244.00 287.25 250.38 168 1 Round, top inside round 10 138,018 210.95 224.53 211.35 168 3 Round, top inside round 12 50,353 222.48 240.75 227.25 169 5 Round, top inside, denuded 6 9,471 268.07 277.00 274.69 169A 5 Round, top inside, cap off 3 18,161 311.80 317.67 314.76 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 5 33,352 192.00 205.63 196.70 171B 3 Round, outside round 29 102,517 202.48 227.00 207.00 171C 3 Round, eye of round (IM) 38 173,691 226.00 262.25 233.93 174 3 Loin, short loin, 0x1 7 5,461 615.03 658.00 637.59 175 3 Loin, strip loin, 1x1 3 2,297 579.59 636.00 611.25 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 13 52,083 709.18 784.20 754.01 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 16 26,869 351.11 385.25 364.22 184B 3 Loin, top butt, CC (IM) 9 185,400 460.00 465.00 460.43 185A 4 Loin, bottom sirloin, flap 12 244,544 567.63 619.25 576.37 185B 1 Loin, ball-tip, bnls, heavy 9 31,529 259.86 280.00 268.79 185C 1 Loin, sirloin, tri-tip (IM) 6 48,691 350.00 367.50 355.04 185D 4 Loin, tri-tip, pld (IM) 4 25,170 490.00 500.75 490.33 189A 4 Loin, tndrloin, trmd, heavy 18 32,332 955.00 1136.50 969.17 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 19 48,714 499.91 546.00 513.88 -------------------------------------------------------------------------------- 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 3,889 619.18 650.03 623.26 112A 3 Rib, ribeye, bnls, light 8 12,416 724.30 771.98 753.85 112A 3 Rib, ribeye, bnls, heavy 6 8,421 740.00 762.25 749.41 113C 1 Chuck, semi-bnls, neck/off 3 9,827 229.53 250.03 233.57 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 15 88,759 220.19 243.04 228.73 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 8 12,964 440.00 502.00 465.18 116A 3 Chuck, roll, lxl, neck/off 25 123,660 254.50 280.01 261.37 116B 1 Chuck, chuck tender (IM) 5 1,500 267.30 270.00 269.50 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 14 20,107 485.51 522.71 498.47 120 1 Brisket, deckle-off, bnls 6 46,149 263.00 271.98 263.33 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 7 22,398 315.00 332.00 322.03 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 5 8,924 260.19 275.00 265.55 168 1 Round, top inside round 7 23,869 209.40 226.98 218.42 168 3 Round, top inside round 23 32,755 224.00 240.00 233.54 169 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 8 47,041 206.43 225.00 207.08 171C 3 Round, eye of round (IM) 7 16,526 227.41 265.01 235.30 174 3 Loin, short loin, 0x1 11 86,813 487.70 550.03 493.72 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 8 56,919 511.35 575.03 534.36 184 1 Loin, top butt, bnls, heavy 4 1,643 355.00 370.00 362.77 184 3 Loin, top butt, boneless 9 64,848 349.84 368.00 352.92 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 6 35,039 575.00 583.00 575.45 185B 1 Loin, ball-tip, bnls, heavy 3 12,085 254.00 262.50 260.65 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 7 16,151 949.89 1008.00 981.60 191A 4 Loin, butt tender, trimmed 3 1,938 930.00 934.24 930.42 193 4 Flank, flank steak (IM) 8 2,497 510.00 530.00 527.63 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 0 0 121D 4 Plate, Inside Skirt (IM) 11 53,580 458.66 494.26 472.96 121C 4 Plate, Outside Skirt (IM) 10 28,067 758.39 836.00 784.94 121E 6 Outside Skirt, pld (IM) 7 23,915 991.69 1036.79 1010.06 Cap, Wedge Meat & (IM) Lean 19 151,011 299.00 319.75 306.94 Pectoral Meat 18 70,871 315.00 342.00 325.82 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 13 164,784 173.65 187.00 178.66 Ground Beef 75% Ground Beef 81% 53 333,845 181.25 227.00 195.50 Ground Beef 85% Ground Beef 90% Ground Beef 93% 6 23,012 294.66 312.05 299.56 Ground Beef Chuck 80% 9 57,486 200.00 216.00 205.78 Ground Beef Round 85% 7 13,280 249.66 260.00 252.84 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% 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 10 217,465 85.00 94.54 88.28 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 .