LM_XB403 Des Moines, IA Fri, Apr 19, 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 good demand and moderate offerings. Choice and Select rib, chuck, and round cuts steady to firm. Loin cuts steady on Choice while higher on Select. Beef trimmings not fully established. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 233.65 220.49 Change from prior day: 0.59 1.03 -------------------------------------------------------------------------------- Choice/Select spread: 13.16 Total Load Count (Cuts, Trimmings, Grinds): 79 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 396.26 362.90 Primal Chuck 179.84 175.30 Primal Round 174.09 173.63 Primal Loin 331.08 295.12 Primal Brisket 191.74 189.51 Primal Short Plate 172.73 172.73 Primal Flank 125.73 121.04 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/18 64 26 7 16 114 233.06 219.46 04/17 113 27 14 30 184 232.76 220.16 04/16 78 33 22 22 156 232.05 221.15 04/15 45 21 13 14 93 230.98 221.22 04/12 73 17 9 21 120 228.75 221.02 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 231.52 220.60 -------------------------------------------------------------------------------- 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 45.19 loads 1,807,603 pounds Select Cuts 17.40 loads 695,864 pounds Trimmings 0.00 loads 0 pounds Ground Beef 16.46 loads 658,230 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 11 6,406 744.00 795.23 757.16 112A 3 Rib, ribeye, bnls, light 10 18,814 840.00 876.50 854.71 112A 3 Rib, ribeye, bnls, heavy 15 39,932 830.00 919.98 855.83 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 3 33,044 224.27 239.64 224.72 114A 3 Chuck, shoulder clod, trmd 10 46,900 226.75 238.55 230.54 114D 3 Chuck, clod, top blade 3 2,580 392.63 395.70 393.20 114E 3 Chuck, clod, arm roast 5 36,358 250.00 259.20 254.14 114F 5 Chuck, clod tender (IM) 5 6,411 526.30 555.00 542.13 116A 3 Chuck, roll, lxl, neck/off 22 128,249 247.00 286.25 260.65 116B 1 Chuck, chuck tender (IM) 11 69,982 227.88 257.55 231.21 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 4 6,999 560.27 662.25 602.72 120 1 Brisket, deckle-off, bnls 20 229,562 262.00 290.25 270.04 120A 3 Brisket, point/off, bnls 7 9,567 460.00 470.42 463.64 123A 3 Short Plate, short rib 13 20,485 528.74 589.75 567.78 130 4 Chuck, short rib 7 13,762 335.39 380.00 345.15 160 1 Round, bone-in 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 18 36,759 240.00 267.55 250.06 168 1 Round, top inside round 168 3 Round, top inside round 15 73,531 225.74 241.08 229.94 169 5 Round, top inside, denuded 14 157,722 248.95 282.00 253.91 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 22 207,099 200.00 217.00 204.45 171C 3 Round, eye of round (IM) 21 44,089 223.74 249.55 233.07 174 3 Loin, short loin, 0x1 6 9,831 645.00 666.96 661.10 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 3 3,603 710.00 710.00 710.00 180 3 Loin, strip, bnls, 0x1 18 28,980 765.00 831.09 799.71 184 1 Loin, top butt, bnls, heavy 3 4,994 345.00 360.73 355.90 184 3 Loin, top butt, boneless 15 64,144 359.00 390.00 370.05 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 9 60,546 575.00 630.00 602.47 185B 1 Loin, ball-tip, bnls, heavy 5 23,721 260.00 271.75 261.05 185C 1 Loin, sirloin, tri-tip (IM) 4 4,527 390.00 424.43 405.22 185D 4 Loin, tri-tip, pld (IM) 7 20,558 483.00 560.00 528.73 189A 4 Loin, tndrloin, trmd, heavy 21 80,812 955.00 1136.50 971.53 191A 4 Loin, butt tender, trimmed 5 15,793 945.00 966.95 950.48 193 4 Flank, flank steak (IM) 3 7,629 530.00 536.75 530.91 -------------------------------------------------------------------------------- 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 0 0 112A 3 Rib, ribeye, bnls, light 5 20,722 774.62 803.25 785.09 112A 3 Rib, ribeye, bnls, heavy 3 4,861 776.25 815.51 798.70 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 5 4,327 221.25 239.64 229.86 114A 3 Chuck, shoulder clod, trmd 4 4,741 227.00 245.00 234.93 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 4 5,787 480.00 550.00 504.34 116A 3 Chuck, roll, lxl, neck/off 19 166,072 249.00 270.00 253.60 116B 1 Chuck, chuck tender (IM) 3 2,054 225.00 234.00 226.89 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 120 1 Brisket, deckle-off, bnls 9 152,762 256.05 280.00 266.17 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 3 6,147 319.31 350.00 332.61 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 7 16,945 243.00 250.00 245.37 168 1 Round, top inside round 4 8,213 220.00 233.64 224.44 168 3 Round, top inside round 7 33,043 220.00 230.00 223.08 169 5 Round, top inside, denuded 0 0 169A 5 Round, top inside, cap off 0 0 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 3 1,427 190.00 211.91 194.45 171B 3 Round, outside round 7 24,880 201.25 215.00 204.15 171C 3 Round, eye of round (IM) 8 24,741 225.00 241.64 232.29 174 3 Loin, short loin, 0x1 6 39,973 500.00 527.00 505.29 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 10 5,173 540.00 600.00 557.92 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 4 5,850 355.00 379.50 369.94 184B 3 Loin, top butt, CC (IM) 0 0 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 6 8,652 950.00 982.72 965.01 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 3 11,154 493.00 493.00 493.00 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 3 1,080 140.00 140.00 140.00 121D 4 Plate, Inside Skirt (IM) 17 76,518 450.00 490.62 461.26 121C 4 Plate, Outside Skirt (IM) 14 19,929 777.00 837.00 793.74 121E 6 Outside Skirt, pld (IM) 4 6,952 991.75 1185.00 1043.10 Cap, Wedge Meat & (IM) Lean 17 205,347 290.00 316.75 296.24 Pectoral Meat 15 61,650 319.69 340.00 323.43 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 11 142,860 172.00 198.25 188.09 Ground Beef 75% Ground Beef 81% 24 83,884 197.00 226.25 204.77 Ground Beef 85% 0 0 Ground Beef 90% 0 0 Ground Beef 93% 5 36,753 295.68 318.00 299.49 Ground Beef Chuck 80% 13 173,294 198.89 222.00 210.88 Ground Beef Round 85% 3 7,915 245.00 256.00 251.36 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% 0 0 Blended Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- 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 .