LM_XB403 Des Moines, IA Wed, Apr 10, 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 demand and offerings. Select and Choice chuck, round, and loin cuts steady while rib cuts firm to higher. Beef trimmings generally steady on light to moderate demand and offerings. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 229.05 219.62 Change from prior day: 0.73 0.82 -------------------------------------------------------------------------------- Choice/Select spread: 9.43 Total Load Count (Cuts, Trimmings, Grinds): 140 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 386.41 362.07 Primal Chuck 177.54 175.97 Primal Round 173.38 175.80 Primal Loin 320.16 288.37 Primal Brisket 190.42 188.27 Primal Short Plate 172.38 172.38 Primal Flank 118.78 123.05 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/09 69 22 5 20 116 228.32 218.80 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 227.36 219.46 -------------------------------------------------------------------------------- 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 76.91 loads 3,076,393 pounds Select Cuts 36.33 loads 1,453,336 pounds Trimmings 6.31 loads 252,339 pounds Ground Beef 20.41 loads 816,575 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 34 142,778 700.00 756.00 736.07 112A 3 Rib, ribeye, bnls, light 5 9,116 817.00 861.00 833.33 112A 3 Rib, ribeye, bnls, heavy 61 46,692 810.00 860.55 832.29 113C 1 Chuck, semi-bnls, neck/off 9 24,420 235.00 256.00 239.80 114 1 Chuck, shoulder clod 10 22,708 210.00 234.00 219.01 114A 3 Chuck, shoulder clod, trmd 32 50,550 221.22 244.45 232.48 114D 3 Chuck, clod, top blade 4 10,918 381.74 394.56 384.03 114E 3 Chuck, clod, arm roast 10 10,503 255.00 285.75 264.22 114F 5 Chuck, clod tender (IM) 6 16,487 461.97 550.00 504.41 116A 3 Chuck, roll, lxl, neck/off 94 361,029 250.19 281.75 258.87 116B 1 Chuck, chuck tender (IM) 32 38,628 228.00 268.00 248.42 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 11 7,277 560.61 570.00 563.91 120 1 Brisket, deckle-off, bnls 79 174,597 261.60 296.00 270.03 120A 3 Brisket, point/off, bnls 9 8,537 465.00 476.75 466.84 123A 3 Short Plate, short rib 31 24,766 560.00 576.75 569.08 130 4 Chuck, short rib 57 94,716 327.75 361.75 339.14 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 89 125,005 243.70 279.00 256.90 168 1 Round, top inside round 67 91,521 215.00 232.00 225.95 168 3 Round, top inside round 32 133,012 216.47 242.25 225.93 169 5 Round, top inside, denuded 16 64,578 254.00 286.75 259.85 169A 5 Round, top inside, cap off 6 10,952 285.72 322.22 296.62 3 Round, top inside, side off 170 1 Round, bottom gooseneck 8 6,872 196.25 215.00 204.66 171B 3 Round, outside round 44 298,454 200.00 227.00 205.39 171C 3 Round, eye of round (IM) 65 94,368 223.47 267.00 240.15 174 3 Loin, short loin, 0x1 15 70,707 609.56 639.56 615.05 175 3 Loin, strip loin, 1x1 6 70,065 599.00 618.15 613.57 1 Loin, strip loin bnls. 1x1 3 1,006 673.00 674.15 673.19 180 3 Loin, strip, bnls, 0x1 65 93,165 728.00 765.00 742.76 184 1 Loin, top butt, bnls, heavy 4 2,283 345.00 363.00 359.25 184 3 Loin, top butt, boneless 49 100,804 350.00 386.00 360.95 184B 3 Loin, top butt, CC (IM) 7 45,061 460.00 536.00 479.90 185A 4 Loin, bottom sirloin, flap 25 38,396 547.00 622.00 582.89 185B 1 Loin, ball-tip, bnls, heavy 28 52,219 257.74 286.00 266.03 185C 1 Loin, sirloin, tri-tip (IM) 11 10,845 345.00 377.02 349.14 185D 4 Loin, tri-tip, pld (IM) 20 16,831 482.00 508.47 495.69 189A 4 Loin, tndrloin, trmd, heavy 65 160,396 950.00 1145.50 965.44 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 17 114,446 482.67 541.75 486.96 -------------------------------------------------------------------------------- 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 10 7,682 619.13 669.56 636.65 112A 3 Rib, ribeye, bnls, light 26 256,734 750.00 780.00 773.12 112A 3 Rib, ribeye, bnls, heavy 14 30,339 732.00 775.00 763.49 113C 1 Chuck, semi-bnls, neck/off 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) 5 3,471 500.37 552.00 530.73 116A 3 Chuck, roll, lxl, neck/off 24 262,804 250.19 273.00 261.42 116B 1 Chuck, chuck tender (IM) 5 12,069 245.00 269.00 248.31 3 Chuck roll, retail ready 116G 4 Chuck, flap (IM) 5 6,528 485.51 528.61 509.78 120 1 Brisket, deckle-off, bnls 13 18,949 263.47 284.55 269.04 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 3 2,784 250.00 266.00 255.49 168 1 Round, top inside round 3 5,469 226.22 229.45 226.47 168 3 Round, top inside round 15 44,557 217.00 251.00 227.50 169 5 Round, top inside, denuded 3 9,804 253.00 260.00 255.27 169A 5 Round, top inside, cap off 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 14 47,568 200.46 211.00 206.00 171C 3 Round, eye of round (IM) 13 25,765 235.53 271.00 243.87 174 3 Loin, short loin, 0x1 18 92,433 487.70 545.00 494.36 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 19 26,935 520.00 569.45 529.23 184 1 Loin, top butt, bnls, heavy 9 8,977 338.00 355.00 343.26 184 3 Loin, top butt, boneless 12 14,100 348.26 376.00 358.86 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap 5 6,848 520.00 585.00 569.98 185B 1 Loin, ball-tip, bnls, heavy 5 97,941 247.86 255.08 249.74 185C 1 Loin, sirloin, tri-tip (IM) 10 82,517 316.00 361.45 348.70 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 14 14,335 950.00 1081.75 975.06 191A 4 Loin, butt tender, trimmed 7 5,595 925.00 979.56 938.68 193 4 Flank, flank steak (IM) 5 2,787 505.00 536.00 517.31 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 30 350,026 448.65 487.00 459.84 121C 4 Plate, Outside Skirt (IM) 10 11,537 745.74 821.75 774.02 121E 6 Outside Skirt, pld (IM) 7 16,054 982.39 1041.79 1004.81 Cap, Wedge Meat & (IM) Lean 32 210,524 293.00 336.00 309.69 Pectoral Meat 43 93,006 319.67 343.15 329.58 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 22 101,660 173.47 196.45 178.06 Ground Beef 75% Ground Beef 81% 76 232,067 183.22 230.00 201.23 Ground Beef 85% Ground Beef 90% Ground Beef 93% 10 28,692 291.00 301.00 300.80 Ground Beef Chuck 80% 19 160,132 199.00 220.50 205.51 Ground Beef Round 85% 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% 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% 0 0 Blended Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 9 252,339 86.00 91.75 87.85 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 .