Boxed Beef Cutout & Cuts - Negotiated Sales - Afternoon

LM_XB403
Des Moines, IA Wed, Aug 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 sharply higher on good demand and moderate offerings.
Choice and Select chuck, round, and loin cuts higher. Choice rib cuts higher while
Select steady. Beef trimmings sharply higher on good demand and heavy offerings.

CHOICE SELECT
600-900 600-900
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Current Cutout Values: 232.34 205.92
Change from prior day: 5.98 5.34
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Choice/Select spread: 26.42
Total Load Count (Cuts, Trimmings, Grinds): 162

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COMPOSITE PRIMAL VALUES
Primal Rib 392.80 300.83
Primal Chuck 183.68 177.71
Primal Round 181.55 181.52
Primal Loin 316.48 255.33
Primal Brisket 192.80 180.24
Primal Short Plate 160.01 160.01
Primal Flank 132.64 116.62
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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
08/13 72 44 32 26 173 226.36 200.58
08/12 78 33 20 20 151 218.62 197.79
08/09 48 23 11 19 100 216.37 193.81
08/08 50 34 7 27 117 216.88 192.37
08/07 75 34 13 31 152 216.49 192.71
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Current 5 Day Simple Average: 218.94 195.45
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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 59.31 loads 2,372,533 pounds
Select Cuts 35.29 loads 1,411,749 pounds
Trimmings 34.09 loads 1,363,578 pounds
Ground Beef 33.29 loads 1,331,695 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 11 66,391 716.00 779.50 757.50
112A 3 Rib, ribeye, bnls, light 5 24,307 825.56 855.00 837.73
112A 3 Rib, ribeye, bnls, heavy 44 39,157 810.00 884.00 852.20
113C 1 Chuck, semi-bnls, neck/off 6 12,786 223.97 251.89 240.58
114 1 Chuck, shoulder clod 5 4,314 206.00 225.17 219.72
114A 3 Chuck, shoulder clod, trmd 15 35,763 224.97 244.69 232.37
114D 3 Chuck, clod, top blade 8 18,479 312.00 344.37 323.02
114E 3 Chuck, clod, arm roast 7 4,262 278.00 300.00 283.61
114F 5 Chuck, clod tender (IM)
116A 3 Chuck, roll, lxl, neck/off 51 130,264 264.00 296.50 282.78
116B 1 Chuck, chuck tender (IM) 32 60,981 218.00 254.54 236.29
3 Chuck roll, retail ready
116G 4 Chuck, flap (IM) 7 39,504 450.62 599.25 493.92
120 1 Brisket, deckle-off, bnls 61 423,384 264.30 302.00 269.27
120A 3 Brisket, point/off, bnls 8 4,888 470.00 480.00 477.68
123A 3 Short Plate, short rib 18 12,177 529.00 585.50 575.20
130 4 Chuck, short rib 35 58,183 322.06 380.00 352.55
160 1 Round, bone-in
161 1 Round, boneless
167A 4 Round, knuckle, peeled 80 132,328 228.00 266.00 242.88
168 1 Round, top inside round 38 34,612 220.00 257.52 240.51
168 3 Round, top inside round 27 96,275 228.25 255.75 238.23
169 5 Round, top inside, denuded 13 72,575 270.00 302.00 273.11
169A 5 Round, top inside, cap off 8 26,851 294.86 362.33 336.11
3 Round, top inside, side off
170 1 Round, bottom gooseneck 8 10,723 198.00 222.00 213.36
171B 3 Round, outside round 27 172,420 215.00 248.00 234.46
171C 3 Round, eye of round (IM) 52 36,801 220.26 256.50 233.97
174 3 Loin, short loin, 0x1 14 37,905 600.00 675.75 652.37
175 3 Loin, strip loin, 1x1
1 Loin, strip loin bnls. 1x1
180 3 Loin, strip, bnls, 0x1 38 40,631 638.00 740.00 686.68
184 1 Loin, top butt, bnls, heavy 9 46,497 295.75 314.55 303.83
184 3 Loin, top butt, boneless 31 190,522 303.00 334.69 312.53
184B 3 Loin, top butt, CC (IM) 8 38,215 390.25 457.00 430.70
185A 4 Loin, bottom sirloin, flap 23 139,131 550.00 669.25 584.43
185B 1 Loin, ball-tip, bnls, heavy 28 71,082 278.00 321.43 307.43
185C 1 Loin, sirloin, tri-tip (IM) 10 8,251 290.50 339.00 310.97
185D 4 Loin, tri-tip, pld (IM) 7 4,370 410.75 442.00 422.99
189A 4 Loin, tndrloin, trmd, heavy 34 43,030 926.91 1091.50 1003.14
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM) 17 35,351 548.82 601.45 572.07
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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 7 14,840 514.86 575.50 545.00
112A 3 Rib, ribeye, bnls, light 6 6,144 589.86 610.88 601.05
112A 3 Rib, ribeye, bnls, heavy 16 32,163 547.75 630.00 586.63
113C 1 Chuck, semi-bnls, neck/off
114 1 Chuck, shoulder clod 3 6,651 213.62 215.00 214.57
114A 3 Chuck, shoulder clod, trmd 10 33,448 218.75 232.05 227.97
114D 3 Chuck, clod, top blade 0 0
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender (IM) 4 15,836 324.00 335.42 325.40
116A 3 Chuck, roll, lxl, neck/off 28 153,443 260.75 287.00 271.21
116B 1 Chuck, chuck tender (IM) 5 44,559 236.00 240.00 236.59
3 Chuck roll, retail ready
116G 4 Chuck, flap (IM)
120 1 Brisket, deckle-off, bnls 17 121,240 250.85 280.00 260.05
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib
130 4 Chuck, short rib 5 20,244 315.00 350.75 328.61
160 1 Round, bone-in
161 1 Round, boneless 0 0
167A 4 Round, knuckle, peeled 26 51,039 225.00 265.00 245.19
168 1 Round, top inside round 4 6,177 230.00 260.55 257.41
168 3 Round, top inside round 7 46,099 223.75 250.00 238.99
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 0 0
171B 3 Round, outside round 11 16,090 205.00 235.00 226.64
171C 3 Round, eye of round (IM) 19 33,909 232.00 263.12 249.15
174 3 Loin, short loin, 0x1 16 32,367 440.00 482.00 464.12
175 3 Loin, strip loin, 1x1
1 Loin, strip loin bnls. 1x1
180 3 Loin, strip, bnls, 0x1 14 32,230 434.86 503.75 469.04
184 1 Loin, top butt, bnls, heavy 4 2,794 232.00 240.30 235.08
184 3 Loin, top butt, boneless 9 24,927 280.55 299.69 288.47
184B 3 Loin, top butt, CC (IM) 0 0
185A 4 Loin, bottom sirloin, flap 11 42,843 554.00 580.00 558.20
185B 1 Loin, ball-tip, bnls, heavy 5 10,489 262.00 290.75 269.46
185C 1 Loin, sirloin, tri-tip (IM) 3 6,045 219.30 252.00 239.47
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 15 17,389 830.00 934.25 876.07
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM) 4 2,734 450.30 467.28 459.95
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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 0 0
121D 4 Plate, Inside Skirt (IM) 33 546,660 411.56 478.12 415.27
121C 4 Plate, Outside Skirt (IM) 25 32,981 585.75 799.75 646.72
121E 6 Outside Skirt, pld (IM) 0 0
Cap, Wedge Meat & (IM) Lean 24 61,137 250.00 275.00 259.36
Pectoral Meat 21 35,374 250.00 275.00 265.31
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 17 81,553 178.00 206.00 196.88
Ground Beef 75%
Ground Beef 81% 51 400,945 187.18 252.54 231.89
Ground Beef 85%
Ground Beef 90%
Ground Beef 93% 9 19,956 297.00 325.84 311.67
Ground Beef Chuck 80% 13 140,495 208.68 251.03 237.14
Ground Beef Round 85% 4 3,209 250.05 266.03 258.05
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%
Blended Ground Beef 93%
Blended Ground Beef Chuck 80%
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 37 1,363,578 87.18 111.11 93.35
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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