LM_XB403 Des Moines, IA Thu, Apr 25, 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 to weak on light to moderate demand and moderate to heavy offerings. Select and Choice chuck, round, and loin cuts steady to weak while rib cuts steady to firm. Beef trimmings unevenly steady on moderate demand and offerings. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 232.93 219.75 Change from prior day: (0.03) (0.53) -------------------------------------------------------------------------------- Choice/Select spread: 13.18 Total Load Count (Cuts, Trimmings, Grinds): 159 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 395.62 363.37 Primal Chuck 178.48 175.40 Primal Round 170.52 170.19 Primal Loin 334.35 295.21 Primal Brisket 190.72 188.88 Primal Short Plate 171.18 171.18 Primal Flank 125.95 123.02 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/24 78 35 17 34 164 232.96 220.28 04/23 56 32 18 10 116 234.11 221.26 04/22 28 27 9 7 72 234.48 222.64 04/19 45 17 0 16 79 233.65 220.49 04/18 64 26 7 16 114 233.06 219.46 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 233.65 220.83 -------------------------------------------------------------------------------- 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 106.42 loads 4,256,903 pounds Select Cuts 26.73 loads 1,069,364 pounds Trimmings 10.19 loads 407,411 pounds Ground Beef 15.56 loads 622,226 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 41 378,399 735.00 799.41 760.79 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 17 28,259 842.00 880.50 851.77 113C 1 Chuck, semi-bnls, neck/off 12 222,328 222.00 246.00 226.44 114 1 Chuck, shoulder clod 9 13,345 217.00 227.91 220.43 114A 3 Chuck, shoulder clod, trmd 9 22,151 230.00 252.00 238.18 114D 3 Chuck, clod, top blade 7 27,896 374.00 390.00 384.69 114E 3 Chuck, clod, arm roast 10 31,076 252.00 270.91 268.02 114F 5 Chuck, clod tender (IM) 11 3,323 505.91 558.00 525.29 116A 3 Chuck, roll, lxl, neck/off 39 520,809 247.94 275.00 251.40 116B 1 Chuck, chuck tender (IM) 24 74,173 214.00 245.51 229.79 3 Chuck roll, retail ready 10 69,990 279.10 302.25 282.33 116G 4 Chuck, flap (IM) 7 20,214 520.00 602.08 537.05 120 1 Brisket, deckle-off, bnls 31 119,653 268.00 290.51 275.87 120A 3 Brisket, point/off, bnls 18 48,480 460.00 497.00 475.69 123A 3 Short Plate, short rib 12 51,853 480.48 591.00 497.42 130 4 Chuck, short rib 14 12,125 337.00 378.30 346.89 160 1 Round, bone-in 0 0 161 1 Round, boneless 167A 4 Round, knuckle, peeled 36 162,103 225.00 271.25 235.21 168 1 Round, top inside round 20 322,283 211.00 225.00 211.47 168 3 Round, top inside round 34 258,506 215.27 238.00 217.71 169 5 Round, top inside, denuded 34 449,405 231.00 279.25 235.21 169A 5 Round, top inside, cap off 14 97,065 276.00 315.77 278.03 3 Round, top inside, side off 170 1 Round, bottom gooseneck 6 12,099 189.40 204.25 194.15 171B 3 Round, outside round 25 72,987 202.00 219.90 204.56 171C 3 Round, eye of round (IM) 37 133,516 215.00 246.25 225.86 174 3 Loin, short loin, 0x1 19 70,918 641.28 705.25 658.05 175 3 Loin, strip loin, 1x1 4 49,476 657.92 701.50 664.23 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 38 265,771 785.00 843.30 807.40 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 44 296,956 347.00 382.00 362.80 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 8 26,808 590.33 657.00 612.03 185B 1 Loin, ball-tip, bnls, heavy 10 20,122 255.04 302.00 268.04 185C 1 Loin, sirloin, tri-tip (IM) 10 7,302 410.00 427.00 418.93 185D 4 Loin, tri-tip, pld (IM) 14 31,457 520.45 574.25 528.23 189A 4 Loin, tndrloin, trmd, heavy 21 68,299 950.00 1081.00 973.02 191A 4 Loin, butt tender, trimmed 7 15,130 950.00 974.91 969.27 193 4 Flank, flank steak (IM) 16 10,382 515.50 562.56 531.94 -------------------------------------------------------------------------------- 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 8 6,229 660.75 729.00 673.15 112A 3 Rib, ribeye, bnls, light 4 7,352 765.00 820.25 783.14 112A 3 Rib, ribeye, bnls, heavy 13 9,248 765.00 806.50 790.74 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 114A 3 Chuck, shoulder clod, trmd 5 23,492 227.00 238.24 233.44 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 3 14,362 420.60 540.00 427.89 116A 3 Chuck, roll, lxl, neck/off 15 68,647 244.72 270.00 249.43 116B 1 Chuck, chuck tender (IM) 0 0 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap (IM) 8 7,747 485.84 594.25 534.34 120 1 Brisket, deckle-off, bnls 12 31,639 258.72 284.25 268.57 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 5 6,082 322.50 380.00 350.32 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 9 137,614 228.00 245.00 230.39 168 1 Round, top inside round 0 0 168 3 Round, top inside round 6 17,811 215.00 231.48 221.01 169 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 10 59,452 200.00 214.25 201.58 171C 3 Round, eye of round (IM) 10 52,216 213.40 230.50 220.25 174 3 Loin, short loin, 0x1 4 41,365 520.90 556.25 521.83 175 3 Loin, strip loin, 1x1 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 7 19,150 509.00 580.00 526.57 184 1 Loin, top butt, bnls, heavy 0 0 184 3 Loin, top butt, boneless 13 61,958 329.28 365.00 341.22 184B 3 Loin, top butt, CC (IM) 185A 4 Loin, bottom sirloin, flap 3 3,158 601.31 626.50 621.09 185B 1 Loin, ball-tip, bnls, heavy 8 84,853 233.00 278.98 233.51 185C 1 Loin, sirloin, tri-tip (IM) 7 35,477 353.50 391.00 388.02 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 6 6,433 941.04 1054.25 954.84 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 5 7,623 505.00 531.50 512.18 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 26 137,290 426.00 482.00 452.44 121C 4 Plate, Outside Skirt (IM) 8 7,261 732.79 841.75 783.03 121E 6 Outside Skirt, pld (IM) 4 3,700 965.05 1212.00 1113.59 Cap, Wedge Meat & (IM) Lean 28 119,511 292.00 331.48 304.36 Pectoral Meat 23 227,522 312.00 340.00 315.50 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 15 90,642 170.00 205.75 179.60 Ground Beef 75% Ground Beef 81% 29 147,339 186.00 245.00 203.08 Ground Beef 85% Ground Beef 90% Ground Beef 93% 7 11,521 286.00 310.00 307.34 Ground Beef Chuck 80% 6 7,240 190.00 210.00 201.39 Ground Beef Round 85% 3 8,180 260.00 262.00 260.77 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% 0 0 Blended Ground Beef 93% 0 0 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 18 407,411 82.00 95.75 90.57 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 .