Boxed Beef Cutout & Cuts - Negotiated Sales - Afternoon

LM_XB403
Des Moines, IA Thu, Oct 10, 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 demand and offerings. Select
and Choice rib, chuck, round, and loin cuts steady to firm. Beef trimmings mostly
weak to slightly lower on light demand and offerings.

CHOICE SELECT
600-900 600-900
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Current Cutout Values: 215.63 186.66
Change from prior day: 1.03 0.54
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Choice/Select spread: 28.97
Total Load Count (Cuts, Trimmings, Grinds): 105

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COMPOSITE PRIMAL VALUES
Primal Rib 388.24 265.10
Primal Chuck 169.33 162.23
Primal Round 175.79 174.89
Primal Loin 275.71 222.90
Primal Brisket 206.84 181.67
Primal Short Plate 135.95 135.95
Primal Flank 103.57 98.96
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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
10/09 65 59 25 22 171 214.60 186.12
10/08 45 32 22 26 125 213.60 187.06
10/07 54 34 19 12 119 211.09 185.91
10/04 48 18 13 21 100 211.96 186.92
10/03 72 36 27 29 164 212.06 187.21
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Current 5 Day Simple Average: 212.66 186.64
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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 61.29 loads 2,451,624 pounds
Select Cuts 25.35 loads 1,014,021 pounds
Trimmings 6.19 loads 247,601 pounds
Ground Beef 12.21 loads 488,549 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 25 277,180 771.00 851.67 774.65
112A 3 Rib, ribeye, bnls, light 3 16,805 880.75 925.52 917.77
112A 3 Rib, ribeye, bnls, heavy 16 53,717 855.00 900.00 879.95
113C 1 Chuck, semi-bnls, neck/off 5 4,668 225.00 256.00 246.83
114 1 Chuck, shoulder clod 7 15,866 209.16 233.50 215.93
114A 3 Chuck, shoulder clod, trmd 15 145,762 220.58 242.75 224.90
114D 3 Chuck, clod, top blade 6 94,707 250.00 268.87 253.83
114E 3 Chuck, clod, arm roast 16 37,093 306.00 320.00 308.06
114F 5 Chuck, clod tender (IM) 10 4,166 440.00 470.25 450.28
116A 3 Chuck, roll, lxl, neck/off 19 97,964 269.25 290.25 275.90
116B 1 Chuck, chuck tender (IM) 20 62,681 228.37 253.00 234.61
3 Chuck roll, retail ready 10 190,799 300.00 315.77 311.41
116G 4 Chuck, flap (IM) 3 13,971 440.00 465.00 448.12
120 1 Brisket, deckle-off, bnls 21 52,521 279.73 312.50 299.86
120A 3 Brisket, point/off, bnls 11 10,450 485.00 550.00 505.91
123A 3 Short Plate, short rib 7 6,104 485.00 545.50 519.31
130 4 Chuck, short rib 17 39,929 275.00 347.50 301.81
160 1 Round, bone-in
161 1 Round, boneless
167A 4 Round, knuckle, peeled 27 73,679 233.00 265.75 241.88
168 1 Round, top inside round 8 56,515 213.00 220.16 215.92
168 3 Round, top inside round 16 48,457 220.00 237.99 228.52
169 5 Round, top inside, denuded 17 73,605 245.00 285.50 259.38
169A 5 Round, top inside, cap off 7 47,058 284.72 329.50 303.01
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck 3 3,609 226.25 239.75 231.78
171B 3 Round, outside round 20 84,621 222.00 257.00 236.76
171C 3 Round, eye of round (IM) 40 80,964 224.40 260.50 248.06
174 3 Loin, short loin, 0x1 12 166,385 460.00 502.27 493.89
175 3 Loin, strip loin, 1x1
1 Loin, strip loin bnls. 1x1
180 3 Loin, strip, bnls, 0x1 35 218,266 501.75 555.00 542.21
184 1 Loin, top butt, bnls, heavy 3 4,620 280.00 305.50 284.06
184 3 Loin, top butt, boneless 29 153,766 282.00 325.75 297.99
184B 3 Loin, top butt, CC (IM)
185A 4 Loin, bottom sirloin, flap 12 105,239 450.00 490.00 459.81
185B 1 Loin, ball-tip, bnls, heavy 4 5,623 235.00 252.50 235.61
185C 1 Loin, sirloin, tri-tip (IM) 8 4,698 348.28 385.00 367.83
185D 4 Loin, tri-tip, pld (IM) 10 15,224 485.00 525.00 507.68
189A 4 Loin, tndrloin, trmd, heavy 20 76,364 1075.00 1260.50 1103.29
191A 4 Loin, butt tender, trimmed 3 2,874 1037.00 1040.00 1038.30
193 4 Flank, flank steak (IM) 10 15,777 454.00 495.00 468.92
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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
112A 3 Rib, ribeye, bnls, light 5 7,621 548.00 610.25 595.36
112A 3 Rib, ribeye, bnls, heavy 11 28,389 524.58 585.00 547.53
113C 1 Chuck, semi-bnls, neck/off 0 0
114 1 Chuck, shoulder clod 4 11,160 208.00 222.00 216.13
114A 3 Chuck, shoulder clod, trmd 4 23,170 220.00 241.00 225.79
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast 0 0
114F 5 Chuck, clod tender (IM) 6 5,559 390.00 420.00 407.01
116A 3 Chuck, roll, lxl, neck/off 20 230,245 249.16 291.00 258.65
116B 1 Chuck, chuck tender (IM) 7 21,221 225.00 256.00 233.13
3 Chuck roll, retail ready 0 0
116G 4 Chuck, flap (IM) 5 3,968 365.00 378.50 368.69
120 1 Brisket, deckle-off, bnls 11 35,692 252.00 283.12 257.94
120A 3 Brisket, point/off, bnls 0 0
123A 3 Short Plate, short rib
130 4 Chuck, short rib 6 3,091 270.00 311.00 295.05
160 1 Round, bone-in 0 0
161 1 Round, boneless 0 0
167A 4 Round, knuckle, peeled 6 45,684 235.00 266.00 245.10
168 1 Round, top inside round 0 0
168 3 Round, top inside round 9 38,007 221.75 246.00 226.92
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
171B 3 Round, outside round 11 52,734 223.00 256.00 228.53
171C 3 Round, eye of round (IM) 8 26,677 240.00 266.00 244.96
174 3 Loin, short loin, 0x1 5 13,619 340.00 360.00 349.54
175 3 Loin, strip loin, 1x1
1 Loin, strip loin bnls. 1x1
180 3 Loin, strip, bnls, 0x1 12 31,766 360.00 389.75 373.24
184 1 Loin, top butt, bnls, heavy
184 3 Loin, top butt, boneless 7 41,903 255.00 276.00 265.62
184B 3 Loin, top butt, CC (IM) 0 0
185A 4 Loin, bottom sirloin, flap 7 25,392 427.00 475.75 435.72
185B 1 Loin, ball-tip, bnls, heavy 9 15,000 215.00 236.00 222.09
185C 1 Loin, sirloin, tri-tip (IM) 5 19,000 238.69 240.00 239.87
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 7 30,645 890.00 980.75 907.37
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM) 5 14,679 416.84 465.00 432.70
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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 7 118,848 130.00 140.00 132.12
121D 4 Plate, Inside Skirt (IM) 13 37,402 405.00 441.18 413.92
121C 4 Plate, Outside Skirt (IM) 19 36,819 545.00 680.75 566.00
121E 6 Outside Skirt, pld (IM)
Cap, Wedge Meat & (IM) Lean 18 54,230 219.00 273.86 246.16
Pectoral Meat 19 68,203 234.00 265.00 244.47
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 16 103,525 144.00 178.40 151.93
Ground Beef 75%
Ground Beef 81% 28 127,119 160.00 191.58 171.82
Ground Beef 85%
Ground Beef 90%
Ground Beef 93% 7 26,359 287.00 308.99 293.13
Ground Beef Chuck 80% 8 48,573 183.82 198.29 187.09
Ground Beef Round 85% 5 16,279 246.00 263.00 248.22
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% 0 0
Blended Ground Beef Chuck 80%
Blended Ground Beef Round 85%
Blended Ground Beef Sirloin 90%
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BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed
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Fresh 50% lean trimmings 7 247,601 33.50 43.94 41.05
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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