Boxed Beef Cutout & Cuts - Negotiated Sales - Morning

LM_XB402
Des Moines, IA Fri, Nov 08, 2019 USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Morning

USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30am

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.


CHOICE SELECT
600-900 600-900
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Current Cutout Values: 239.25 213.51
Change from prior day: 0.96 0.49
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Choice/Select spread: 25.74
Total Load Count (Cuts, Trimmings, Grinds): 69

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COMPOSITE PRIMAL VALUES
Primal Rib 425.65 325.59
Primal Chuck 194.56 188.00
Primal Round 191.70 191.37
Primal Loin 307.53 249.43
Primal Brisket 205.67 207.35
Primal Short Plate 154.32 154.32
Primal Flank 113.23 111.69
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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
11/07 60 32 18 8 117 238.29 213.02
11/06 67 25 11 29 132 237.14 211.53
11/05 61 29 5 21 115 236.05 209.82
11/04 47 16 11 7 81 234.81 210.38
11/01 31 26 6 16 79 233.20 207.51
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Current 5 Day Simple Average: 235.90 210.45
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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 41.28 loads 1,651,241 pounds
Select Cuts 17.01 loads 680,495 pounds
Trimmings 0.00 loads 0 pounds
Ground Beef 10.59 loads 423,541 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 4 2,471 851.00 884.50 858.47
112A 3 Rib, ribeye, bnls, light
112A 3 Rib, ribeye, bnls, heavy 11 25,857 926.00 1002.00 935.53
113C 1 Chuck, semi-bnls, neck/off
114 1 Chuck, shoulder clod 5 2,165 240.00 250.30 243.19
114A 3 Chuck, shoulder clod, trmd 17 145,456 244.03 261.75 246.07
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast 4 3,800 355.00 366.50 357.32
114F 5 Chuck, clod tender (IM) 4 2,329 530.00 550.00 532.92
116A 3 Chuck, roll, lxl, neck/off 10 98,066 309.87 350.00 347.38
116B 1 Chuck, chuck tender (IM) 7 9,625 247.94 272.00 257.44
3 Chuck roll, retail ready
116G 4 Chuck, flap (IM) 4 3,699 499.69 504.83 500.97
120 1 Brisket, deckle-off, bnls 8 9,912 300.30 321.50 307.44
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib 6 19,442 434.63 530.25 466.95
130 4 Chuck, short rib
160 1 Round, bone-in
161 1 Round, boneless
167A 4 Round, knuckle, peeled 18 75,283 261.00 275.00 269.40
168 1 Round, top inside round 16 490,991 240.11 254.69 240.20
168 3 Round, top inside round 11 121,441 250.00 267.00 251.78
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 0 0
171B 3 Round, outside round 10 67,251 258.90 271.50 264.44
171C 3 Round, eye of round (IM) 17 98,809 242.94 276.00 253.99
174 3 Loin, short loin, 0x1 6 10,577 522.00 575.00 566.67
175 3 Loin, strip loin, 1x1 0 0
1 Loin, strip loin bnls. 1x1
180 3 Loin, strip, bnls, 0x1 11 44,417 500.00 551.50 507.57
184 1 Loin, top butt, bnls, heavy
184 3 Loin, top butt, boneless
184B 3 Loin, top butt, CC (IM) 0 0
185A 4 Loin, bottom sirloin, flap 5 7,668 475.70 525.75 501.66
185B 1 Loin, ball-tip, bnls, heavy 3 10,162 255.00 255.00 255.00
185C 1 Loin, sirloin, tri-tip (IM) 11 245,353 318.00 358.25 318.21
185D 4 Loin, tri-tip, pld (IM) 3 7,170 446.00 460.00 448.86
189A 4 Loin, tndrloin, trmd, heavy 3 1,110 1451.00 1500.25 1463.90
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM) 5 5,008 429.00 475.00 443.38
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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 7,055 645.00 728.50 658.61
112A 3 Rib, ribeye, bnls, heavy 7 6,114 676.00 695.00 684.61
113C 1 Chuck, semi-bnls, neck/off 0 0
114 1 Chuck, shoulder clod
114A 3 Chuck, shoulder clod, trmd 3 32,336 240.12 254.00 241.81
114D 3 Chuck, clod, top blade 0 0
114E 3 Chuck, clod, arm roast 0 0
114F 5 Chuck, clod tender (IM) 5 3,424 491.00 530.00 523.74
116A 3 Chuck, roll, lxl, neck/off 5 35,870 297.00 320.00 317.35
116B 1 Chuck, chuck tender (IM) 4 8,901 254.00 258.00 255.11
3 Chuck roll, retail ready 0 0
116G 4 Chuck, flap (IM)
120 1 Brisket, deckle-off, bnls
120A 3 Brisket, point/off, bnls 0 0
123A 3 Short Plate, short rib 0 0
130 4 Chuck, short rib 5 4,865 270.00 306.50 296.62
160 1 Round, bone-in 0 0
161 1 Round, boneless 0 0
167A 4 Round, knuckle, peeled 0 0
168 1 Round, top inside round 0 0
168 3 Round, top inside round 8 115,156 246.03 251.75 247.54
169 5 Round, top inside, denuded 0 0
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 8 182,255 255.13 263.79 258.94
171C 3 Round, eye of round (IM) 0 0
174 3 Loin, short loin, 0x1 5 44,647 351.09 373.50 362.68
175 3 Loin, strip loin, 1x1
1 Loin, strip loin bnls. 1x1 0 0
180 3 Loin, strip, bnls, 0x1 8 13,373 350.00 386.50 359.70
184 1 Loin, top butt, bnls, heavy
184 3 Loin, top butt, boneless 5 3,453 344.75 350.00 348.04
184B 3 Loin, top butt, CC (IM) 0 0
185A 4 Loin, bottom sirloin, flap 4 8,657 475.00 499.00 487.77
185B 1 Loin, ball-tip, bnls, heavy
185C 1 Loin, sirloin, tri-tip (IM) 6 84,272 221.02 240.70 221.59
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 3 3,011 1028.79 1056.50 1031.59
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM)
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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
121D 4 Plate, Inside Skirt (IM) 10 37,131 430.00 461.75 440.68
121C 4 Plate, Outside Skirt (IM) 15 15,161 554.00 675.25 610.20
121E 6 Outside Skirt, pld (IM) 0 0
Cap, Wedge Meat & (IM) Lean 6 30,568 245.36 281.50 246.02
Pectoral Meat 12 25,977 249.00 278.00 256.02
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 7 34,351 192.00 207.00 193.51
Ground Beef 75%
Ground Beef 81% 15 84,957 190.00 225.00 206.44
Ground Beef 85%
Ground Beef 90% 0 0
Ground Beef 93% 4 26,018 296.00 316.00 306.71
Ground Beef Chuck 80% 5 91,672 211.00 216.17 211.72
Ground Beef Round 85% 5 14,191 244.00 255.00 249.99
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% 0 0
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%
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 0 0
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
1100C


1100C

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