LM_XB403 *** Correction to CH 112A, 174-3, 184-3, CH cutout/primal values *** Des Moines, IA Fri, Apr 12, 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 fairly good demand and heavy offerings. Select and Choice rib, round, and loin cuts steady to firm. Choice chuck cuts weak while Select firm. Beef trimmings generally steady on moderate demand and offerings. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 228.75 221.02 Change from prior day: (0.08) 1.07 -------------------------------------------------------------------------------- Choice/Select spread: 7.73 Total Load Count (Cuts, Trimmings, Grinds): 120 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 386.39 365.59 Primal Chuck 174.70 178.58 Primal Round 174.51 175.42 Primal Loin 321.30 289.91 Primal Brisket 191.21 189.17 Primal Short Plate 172.21 172.21 Primal Flank 119.41 121.48 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/11 64 11 0 36 111 228.83 219.95 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 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 228.36 219.91 -------------------------------------------------------------------------------- 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 73.37 loads 2,934,755 pounds Select Cuts 16.81 loads 672,337 pounds Trimmings 9.26 loads 370,319 pounds Ground Beef 21.03 loads 841,326 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 20 127,957 719.81 767.25 739.55 112A 3 Rib, ribeye, bnls, light 8 12,510 817.19 869.25 834.27 112A 3 Rib, ribeye, bnls, heavy 14 33,858 819.00 855.50 836.95* 113C 1 Chuck, semi-bnls, neck/off 5 20,038 230.59 244.87 232.07 114 1 Chuck, shoulder clod 4 8,802 210.00 225.00 212.35 114A 3 Chuck, shoulder clod, trmd 13 59,140 224.00 240.00 229.58 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 17 176,460 235.00 287.04 243.57 114F 5 Chuck, clod tender (IM) 5 4,613 535.00 550.00 545.76 116A 3 Chuck, roll, lxl, neck/off 21 121,471 255.00 269.50 258.91 116B 1 Chuck, chuck tender (IM) 15 87,481 236.06 269.55 240.31 3 Chuck roll, retail ready 20 105,675 280.15 302.75 284.75 116G 4 Chuck, flap (IM) 3 3,896 562.79 569.78 567.52 120 1 Brisket, deckle-off, bnls 21 100,776 266.00 285.62 269.32 120A 3 Brisket, point/off, bnls 5 6,109 435.00 465.00 459.22 123A 3 Short Plate, short rib 5 11,373 552.55 582.25 578.77 130 4 Chuck, short rib 3 3,725 345.62 351.75 349.25 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 43 196,208 244.00 271.50 254.68 168 1 Round, top inside round 9 46,149 220.00 230.73 222.89 168 3 Round, top inside round 12 56,570 220.50 252.00 226.05 169 5 Round, top inside, denuded 15 84,486 258.15 285.00 260.86 169A 5 Round, top inside, cap off 3 16,098 290.00 305.70 304.34 3 Round, top inside, side off 170 1 Round, bottom gooseneck 7 26,554 191.25 211.75 194.97 171B 3 Round, outside round 14 49,516 197.50 216.00 205.97 171C 3 Round, eye of round (IM) 31 106,451 225.12 266.50 236.93 174 3 Loin, short loin, 0x1 17 285,380 610.00 650.00 629.24* 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 41 351,749 724.25 761.96 744.71 184 1 Loin, top butt, bnls, heavy 3 6,913 345.00 370.78 356.80 184 3 Loin, top butt, boneless 41 344,673 354.09 387.25 362.09* 184B 3 Loin, top butt, CC (IM) 7 116,498 469.68 471.61 470.78 185A 4 Loin, bottom sirloin, flap 3 11,862 575.00 633.25 611.54 185B 1 Loin, ball-tip, bnls, heavy 9 56,091 252.42 280.00 256.39 185C 1 Loin, sirloin, tri-tip (IM) 4 2,438 330.00 374.57 360.73 185D 4 Loin, tri-tip, pld (IM) 3 3,746 480.00 505.00 490.80 189A 4 Loin, tndrloin, trmd, heavy 23 69,675 955.00 992.70 967.14 191A 4 Loin, butt tender, trimmed 6 5,935 942.15 963.20 945.25 193 4 Flank, flank steak (IM) 5 36,415 499.68 507.62 501.40 -------------------------------------------------------------------------------- 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 3 2,052 669.68 683.65 677.41 112A 3 Rib, ribeye, bnls, light 5 10,870 750.00 783.65 779.46 112A 3 Rib, ribeye, bnls, heavy 7 7,116 746.68 790.48 780.35 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 3 16,723 223.57 230.46 224.23 114A 3 Chuck, shoulder clod, trmd 4 10,525 224.00 236.42 234.15 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 5 13,170 437.77 550.00 453.82 116A 3 Chuck, roll, lxl, neck/off 4 10,036 254.89 266.60 261.54 116B 1 Chuck, chuck tender (IM) 6 24,668 238.65 250.79 242.14 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 5 27,240 263.60 274.84 265.40 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 6 14,879 310.00 341.50 333.78 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 4 4,755 244.50 281.50 259.80 168 1 Round, top inside round 168 3 Round, top inside round 5 5,685 220.50 230.30 226.14 169 5 Round, top inside, denuded 3 4,092 256.00 270.30 266.48 169A 5 Round, top inside, cap off 0 0 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 0 0 171B 3 Round, outside round 8 31,388 197.50 210.00 205.88 171C 3 Round, eye of round (IM) 4 49,733 232.67 241.00 238.53 174 3 Loin, short loin, 0x1 9 17,999 499.89 541.68 507.58 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 8 9,627 533.91 576.50 540.15 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 3 2,982 356.50 364.87 362.64 184B 3 Loin, top butt, CC (IM) 3 38,828 460.00 460.00 460.00 185A 4 Loin, bottom sirloin, flap 0 0 185B 1 Loin, ball-tip, bnls, heavy 6 14,263 250.67 286.50 257.01 185C 1 Loin, sirloin, tri-tip (IM) 5 99,954 342.41 347.76 345.89 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 9 15,751 943.79 967.46 955.31 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 6 19,756 505.00 517.25 509.55 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 11 99,004 121.80 157.06 130.62 121D 4 Plate, Inside Skirt (IM) 12 43,205 440.00 489.25 462.87 121C 4 Plate, Outside Skirt (IM) 10 8,748 640.00 826.75 769.17 121E 6 Outside Skirt, pld (IM) 0 0 Cap, Wedge Meat & (IM) Lean 14 83,341 292.76 326.50 306.66 Pectoral Meat 12 43,983 319.00 334.00 323.77 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 7 57,388 163.00 180.50 173.73 Ground Beef 75% Ground Beef 81% 25 141,992 195.00 219.00 201.03 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 12 141,311 301.88 310.00 306.93 Ground Beef Chuck 80% 8 49,565 201.22 209.84 205.57 Ground Beef Round 85% 3 7,124 251.00 267.08 261.76 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% 0 0 -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 15 370,319 86.55 90.75 89.03 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 .