LM_XB403 Des Moines, IA Thu, Apr 11, 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 firm on Select on light to moderate demand and offerings. Select and Choice rib, chuck, and loin cuts steady to weak while round cuts steady to firm. Beef trimmings not fully established. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 228.83 219.95 Change from prior day: (0.22) 0.33 -------------------------------------------------------------------------------- Choice/Select spread: 8.88 Total Load Count (Cuts, Trimmings, Grinds): 111 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 385.79 363.14 Primal Chuck 176.59 176.39 Primal Round 174.87 175.11 Primal Loin 319.41 289.12 Primal Brisket 191.54 190.77 Primal Short Plate 171.59 171.59 Primal Flank 117.80 123.33 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/10 77 36 6 20 140 229.05 219.62 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 227.94 219.59 -------------------------------------------------------------------------------- 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 64.35 loads 2,573,847 pounds Select Cuts 11.11 loads 444,382 pounds Trimmings 0.00 loads 0 pounds Ground Beef 35.61 loads 1,424,293 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 16 86,188 711.50 770.75 726.44 112A 3 Rib, ribeye, bnls, light 9 20,010 806.50 850.25 829.72 112A 3 Rib, ribeye, bnls, heavy 29 44,073 803.00 854.25 828.70 113C 1 Chuck, semi-bnls, neck/off 4 6,516 233.00 261.25 235.33 114 1 Chuck, shoulder clod 13 19,301 209.00 235.00 217.93 114A 3 Chuck, shoulder clod, trmd 15 300,020 224.04 240.00 225.59 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 4 2,454 245.00 285.00 251.75 114F 5 Chuck, clod tender (IM) 9 5,353 546.11 565.00 551.12 116A 3 Chuck, roll, lxl, neck/off 33 240,020 245.65 282.00 254.33 116B 1 Chuck, chuck tender (IM) 11 15,648 242.94 272.00 250.01 3 Chuck roll, retail ready 6 60,936 269.84 304.19 277.05 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 22 54,514 253.00 285.00 269.73 120A 3 Brisket, point/off, bnls 4 2,205 461.50 465.00 464.76 123A 3 Short Plate, short rib 10 31,531 521.00 575.00 556.82 130 4 Chuck, short rib 17 28,392 321.00 353.25 336.19 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 29 150,959 243.00 284.62 252.11 168 1 Round, top inside round 9 18,613 221.30 230.96 223.77 168 3 Round, top inside round 26 475,050 224.00 231.50 225.83 169 5 Round, top inside, denuded 7 10,937 262.50 285.25 273.69 169A 5 Round, top inside, cap off 11 114,741 283.91 330.00 292.96 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 7 6,548 197.25 220.00 199.92 171B 3 Round, outside round 23 188,636 200.00 221.25 203.58 171C 3 Round, eye of round (IM) 32 91,645 224.38 267.00 235.56 174 3 Loin, short loin, 0x1 7 8,434 609.93 635.00 619.54 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 20 61,810 725.00 779.25 755.26 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 20 35,327 352.94 377.00 358.81 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 11 42,985 564.57 619.25 577.46 185B 1 Loin, ball-tip, bnls, heavy 11 111,717 245.00 286.25 250.59 185C 1 Loin, sirloin, tri-tip (IM) 5 2,956 347.29 375.00 354.02 185D 4 Loin, tri-tip, pld (IM) 5 1,204 473.00 516.00 493.92 189A 4 Loin, tndrloin, trmd, heavy 29 129,343 950.00 1050.00 961.61 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 9 31,020 485.11 539.25 494.31 -------------------------------------------------------------------------------- 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 112A 3 Rib, ribeye, bnls, light 10 31,019 758.72 791.75 782.90 112A 3 Rib, ribeye, bnls, heavy 10 4,457 740.00 786.25 755.01 113C 1 Chuck, semi-bnls, neck/off 4 18,049 226.15 248.50 228.12 114 1 Chuck, shoulder clod 5 41,369 210.50 226.63 222.54 114A 3 Chuck, shoulder clod, trmd 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 10 16,617 254.11 275.00 263.70 116B 1 Chuck, chuck tender (IM) 5 13,529 245.00 250.79 249.43 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 4 12,061 264.50 270.40 268.37 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 3 4,970 321.50 348.00 337.66 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 4 27,488 245.00 271.25 248.73 168 1 Round, top inside round 168 3 Round, top inside round 6 4,726 228.00 233.50 230.63 169 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 171B 3 Round, outside round 7 11,992 200.04 219.25 205.28 171C 3 Round, eye of round (IM) 7 13,618 229.97 260.00 239.81 174 3 Loin, short loin, 0x1 12 13,210 495.00 532.00 515.45 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 13 15,473 517.00 551.75 531.37 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 9 13,912 348.72 367.36 360.91 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 6 4,851 251.82 265.00 258.76 185C 1 Loin, sirloin, tri-tip (IM) 4 2,879 310.00 335.00 315.81 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 4 1,425 957.00 978.72 962.43 191A 4 Loin, butt tender, trimmed 3 7,723 901.18 925.75 907.71 193 4 Flank, flank steak (IM) 3 1,388 528.51 540.00 536.68 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 3 79,015 130.00 140.00 130.08 121D 4 Plate, Inside Skirt (IM) 8 38,866 464.66 490.25 471.05 121C 4 Plate, Outside Skirt (IM) 16 32,099 640.00 841.00 768.92 121E 6 Outside Skirt, pld (IM) 3 1,011 1005.37 1185.00 1115.71 Cap, Wedge Meat & (IM) Lean 23 98,275 303.00 325.58 310.47 Pectoral Meat 14 42,999 320.00 345.00 325.84 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 17 81,407 168.65 203.24 180.28 Ground Beef 75% Ground Beef 81% 34 245,139 190.00 215.00 200.68 Ground Beef 85% Ground Beef 90% Ground Beef 93% 4 7,259 301.00 315.55 309.71 Ground Beef Chuck 80% 8 48,871 200.00 227.00 202.91 Ground Beef Round 85% 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 0 0 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 .