Boxed Beef Cutout & Cuts - Negotiated Sales - Afternoon

LM_XB403
Des Moines, IA Thu, Mar 14, 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 weak on light to moderate demand and moderate offerings.
Select and Choice rib, chuck, round, and loin cuts steady to weak. Beef trimmings
unevenly steady on moderate demand and offerings.

CHOICE SELECT
600-900 600-900
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Current Cutout Values: 227.70 218.76
Change from prior day: (0.54) (0.52)
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Choice/Select spread: 8.94
Total Load Count (Cuts, Trimmings, Grinds): 118

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COMPOSITE PRIMAL VALUES
Primal Rib 372.64 330.93
Primal Chuck 181.68 182.82
Primal Round 182.55 183.34
Primal Loin 305.18 284.57
Primal Brisket 199.15 196.43
Primal Short Plate 165.54 165.54
Primal Flank 124.44 119.07
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LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS
CHOICE SELECT
Date Choice Select Trim Grinds Total 600-900 600-900
03/13 62 28 9 19 118 228.24 219.28
03/12 59 12 10 16 97 228.22 220.35
03/11 46 14 13 10 83 227.36 219.63
03/08 67 9 0 19 95 226.13 218.78
03/07 51 23 6 24 106 226.04 218.54
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Current 5 Day Simple Average: 227.20 219.32
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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 74.30 loads 2,972,056 pounds
Select Cuts 17.13 loads 685,124 pounds
Trimmings 9.04 loads 361,675 pounds
Ground Beef 17.76 loads 710,474 pounds
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Choice Cuts, Fat Limitations 1-6 (IM) = Individual Muscle
IMPS/FL Sub-Primal # of Total Price Weighted
Trades Pounds Range Average
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109E 1 Rib, ribeye, lip-on, bn-in 37 456,839 689.30 721.25 706.02
112A 3 Rib, ribeye, bnls, light 7 42,383 785.00 815.00 801.69
112A 3 Rib, ribeye, bnls, heavy 13 14,539 787.25 825.75 797.91
113C 1 Chuck, semi-bnls, neck/off 5 18,137 236.25 248.00 245.80
114 1 Chuck, shoulder clod 10 26,988 214.00 224.74 215.96
114A 3 Chuck, shoulder clod, trmd 11 58,183 219.54 238.30 225.99
114D 3 Chuck, clod, top blade 4 8,088 363.54 370.63 367.14
114E 3 Chuck, clod, arm roast 16 43,166 291.38 311.35 295.94
114F 5 Chuck, clod tender (IM) 7 2,323 511.50 536.50 528.44
116A 3 Chuck, roll, lxl, neck/off 17 31,960 276.74 301.75 285.85
116B 1 Chuck, chuck tender (IM) 20 60,840 235.00 265.00 250.33
3 Chuck roll, retail ready 7 78,232 300.22 310.98 303.94
116G 4 Chuck, flap (IM) 6 12,970 540.00 570.00 562.50
120 1 Brisket, deckle-off, bnls 26 123,281 271.71 298.82 284.99
120A 3 Brisket, point/off, bnls 13 33,356 460.00 488.98 477.60
123A 3 Short Plate, short rib 8 6,767 555.64 587.25 569.35
130 4 Chuck, short rib 13 27,285 325.38 365.75 336.85
160 1 Round, bone-in
161 1 Round, boneless 0 0
167A 4 Round, knuckle, peeled 45 121,612 262.24 291.75 270.62
168 1 Round, top inside round
168 3 Round, top inside round 25 253,264 219.94 241.75 221.56
169 5 Round, top inside, denuded 16 71,604 256.00 276.75 260.72
169A 5 Round, top inside, cap off 8 54,192 291.46 322.98 296.32
3 Round, top inside, side off
170 1 Round, bottom gooseneck 5 3,797 214.40 236.75 225.60
171B 3 Round, outside round 20 95,587 202.88 256.50 224.78
171C 3 Round, eye of round (IM) 39 138,598 265.99 290.11 273.39
174 3 Loin, short loin, 0x1 18 110,828 561.17 599.00 566.68
175 3 Loin, strip loin, 1x1
1 Loin, strip loin bnls. 1x1 0 0
180 3 Loin, strip, bnls, 0x1 23 79,356 640.00 717.00 683.08
184 1 Loin, top butt, bnls, heavy
184 3 Loin, top butt, boneless 34 164,541 340.00 377.75 355.69
184B 3 Loin, top butt, CC (IM)
185A 4 Loin, bottom sirloin, flap 21 446,330 473.47 582.00 483.57
185B 1 Loin, ball-tip, bnls, heavy 4 4,660 280.11 307.00 302.37
185C 1 Loin, sirloin, tri-tip (IM) 8 7,216 320.00 366.75 348.97
185D 4 Loin, tri-tip, pld (IM) 4 2,879 490.75 499.25 492.56
189A 4 Loin, tndrloin, trmd, heavy 34 128,491 1000.00 1045.00 1008.11
191A 4 Loin, butt tender, trimmed 3 2,953 911.78 916.98 914.05
193 4 Flank, flank steak (IM) 3 3,374 531.75 541.75 535.79
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Select Cuts, Fat Limitations 1-6 (IM) = Individual Muscle
IMPS/FL Sub-Primal # of Total Price Weighted
Trades Pounds Range Average
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109E 1 Rib, ribeye, lip-on, bn-in 5 1,026 631.66 671.75 658.73
112A 3 Rib, ribeye, bnls, light 8 58,502 676.32 754.38 677.53
112A 3 Rib, ribeye, bnls, heavy 10 4,351 702.50 754.25 743.68
113C 1 Chuck, semi-bnls, neck/off
114 1 Chuck, shoulder clod 4 6,980 215.50 226.75 217.17
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 6,348 479.59 491.25 481.29
116A 3 Chuck, roll, lxl, neck/off 13 41,754 270.00 285.00 275.96
116B 1 Chuck, chuck tender (IM) 4 7,930 253.00 255.50 255.00
3 Chuck roll, retail ready 0 0
116G 4 Chuck, flap (IM) 9 5,612 498.00 517.87 503.73
120 1 Brisket, deckle-off, bnls 9 12,932 272.24 294.25 280.51
120A 3 Brisket, point/off, bnls 0 0
123A 3 Short Plate, short rib
130 4 Chuck, short rib
160 1 Round, bone-in
161 1 Round, boneless 0 0
167A 4 Round, knuckle, peeled 8 62,124 260.41 275.00 264.79
168 1 Round, top inside round 0 0
168 3 Round, top inside round 9 70,888 219.94 240.00 221.76
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
171C 3 Round, eye of round (IM) 3 6,210 271.56 280.00 273.32
174 3 Loin, short loin, 0x1 11 89,754 492.00 550.00 502.50
175 3 Loin, strip loin, 1x1
1 Loin, strip loin bnls. 1x1
180 3 Loin, strip, bnls, 0x1 11 10,753 540.00 581.75 548.97
184 1 Loin, top butt, bnls, heavy
184 3 Loin, top butt, boneless 8 10,257 345.00 368.00 353.41
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) 3 2,137 295.00 330.00 309.06
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 9 18,155 990.00 1089.25 999.31
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM) 5 17,801 502.25 511.50 505.64
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CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle
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124 4 Rib, Back Ribs, Frozen 5 45,577 130.00 140.00 135.31
121D 4 Plate, Inside Skirt (IM) 16 129,160 430.81 504.00 458.20
121C 4 Plate, Outside Skirt (IM) 20 36,016 704.81 806.00 751.75
121E 6 Outside Skirt, pld (IM) 6 5,668 1000.99 1125.00 1086.11
Cap, Wedge Meat & (IM) Lean 17 43,271 305.00 325.00 315.06
Pectoral Meat 18 43,961 305.00 340.00 323.82
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 19 62,967 160.00 187.25 170.17
Ground Beef 75%
Ground Beef 81% 34 164,077 173.74 216.35 187.69
Ground Beef 85%
Ground Beef 90%
Ground Beef 93% 7 27,423 295.00 307.24 302.26
Ground Beef Chuck 80% 10 41,007 185.00 216.26 193.12
Ground Beef Round 85% 5 12,026 251.00 256.75 255.91
Ground Beef Sirloin 90%
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BLENDED GB - STEER/HEIFER/COW SOURCE - 10 Pound Chub Basis - Coarse & Fine Grind
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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%
Blended Ground Beef Chuck 80% 0 0
Blended Ground Beef Round 85% 0 0
Blended Ground Beef Sirloin 90% 0 0
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BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed
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Fresh 50% lean trimmings 13 361,675 78.00 80.25 79.15
Frozen 50% lean trimmings 0 0
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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"
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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.
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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
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1500C

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