National Daily Boxed Beef Cutout & Boxed Beef Cuts - Negotiated Sales
LM_XB402
Des Moines, IA                  Mon, Apr 15, 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:                          231.23         221.12
Change from prior day:                            2.48           0.10
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Choice/Select spread:                                   10.11
Total Load Count (Cuts, Trimmings, Grinds):                51

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COMPOSITE PRIMAL VALUES
 Primal Rib                                     389.65         367.23
 Primal Chuck                                   178.42         177.93
 Primal Round                                   175.02         174.29
 Primal Loin                                    324.76         290.63
 Primal Brisket                                 192.15         191.80
 Primal Short Plate                             172.99         172.99
 Primal Flank                                   121.14         121.90
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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
04/12    73    17     9    21    120            228.75         221.02
04/11    64    11     0    36    111            228.83         219.95
04/10    77    36     6    20    140            229.05         219.62
04/09    69    22     5    20    116            228.32         218.80
04/08    61    25     8    22    117            228.67         220.88
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Current 5 Day Simple Average:                   228.72         220.06
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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             24.07  loads            962,984  pounds
 Select Cuts             12.92  loads            516,842  pounds
 Trimmings                3.44  loads            137,641  pounds
 Ground Beef             10.12  loads            404,687  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        5      28,490   742.75  788.42  762.80
112A 3  Rib, ribeye, bnls, light          3       2,331   842.00  842.00  842.00
112A 3  Rib, ribeye, bnls, heavy          7       4,699   830.00  856.00  833.22
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod              8      22,039   210.00  231.84  224.11
114A 3  Chuck, shoulder clod, trmd        6      59,622   230.00  242.56  235.36
114D 3  Chuck, clod, top blade            6      11,844   385.37  395.58  390.06
114E 3  Chuck, clod, arm roast           18      31,322   250.00  260.00  256.65
114F 5  Chuck, clod tender (IM)           7      16,241   475.00  550.00  500.90
116A 3  Chuck, roll, lxl, neck/off       10       7,543   259.00  269.50  261.09
116B 1  Chuck, chuck tender (IM)          8      16,272   234.43  257.95  242.66
     3  Chuck roll, retail ready          0           0
116G 4  Chuck, flap (IM)                 10      11,666   549.37  572.00  563.23
120  1  Brisket, deckle-off, bnls        17      35,322   270.00  287.00  274.37
120A 3  Brisket, point/off, bnls          7       6,370   465.00  467.00  465.87
123A 3  Short Plate, short rib           13      18,435   560.85  581.00  574.85
130  4  Chuck, short rib                 12      28,207   330.95  380.00  365.45
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled           13      67,487   243.00  278.70  246.88
168  1  Round, top inside round           4      16,054   225.00  227.86  226.27
168  3  Round, top inside round          14      67,741   224.00  241.75  229.43
169  5  Round, top inside, denuded        0           0
169A 5  Round, top inside, cap off       10      25,906   293.00  319.64  299.47
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck
171B 3  Round, outside round             12      91,911   203.25  217.95  207.16
171C 3  Round, eye of round (IM)         13      34,212   230.65  252.00  234.34
174  3  Loin, short loin, 0x1             8     106,085   620.75  660.98  633.78
175  3  Loin, strip loin, 1x1             0           0
     1  Loin, strip loin bnls. 1x1        5       6,290   673.00  673.00  673.00
180  3  Loin, strip, bnls, 0x1
184  1  Loin, top butt, bnls, heavy       4       4,828   345.00  358.00  347.84
184  3  Loin, top butt, boneless          7      12,008   345.00  377.00  358.48
184B 3  Loin, top butt, CC (IM)
185A 4  Loin, bottom sirloin, flap        4       7,768   575.00  600.00  585.94
185B 1  Loin, ball-tip, bnls, heavy       6      91,552   246.13  280.00  250.18
185C 1  Loin, sirloin, tri-tip (IM)       3      12,733   364.50  424.86  417.26
185D 4  Loin, tri-tip, pld (IM)           6       3,704   480.00  516.75  501.51
189A 4  Loin, tndrloin, trmd, heavy       8      13,008   975.00  992.00  980.94
191A 4  Loin, butt tender, trimmed        4       1,477   950.00  967.74  952.51
193  4  Flank, flank steak (IM)          10      18,224   503.00  541.75  518.35
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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        4       9,476   682.90  702.00  686.35
112A 3  Rib, ribeye, bnls, light          3      12,011   751.37  791.75  782.13
112A 3  Rib, ribeye, bnls, heavy          8      12,759   766.25  802.74  796.09
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod              4      15,675   210.00  223.30  213.28
114A 3  Chuck, shoulder clod, trmd        7      41,046   231.39  242.19  233.67
114D 3  Chuck, clod, top blade
114E 3  Chuck, clod, arm roast            0           0
114F 5  Chuck, clod tender (IM)           6       9,016   437.77  445.37  441.35
116A 3  Chuck, roll, lxl, neck/off        6      30,738   253.51  266.00  257.91
116B 1  Chuck, chuck tender (IM)          3       9,282   235.00  241.98  236.25
     3  Chuck roll, retail ready          0           0
116G 4  Chuck, flap (IM)                  9      19,652   525.95  550.76  527.18
120  1  Brisket, deckle-off, bnls         5      27,613   270.00  275.50  274.74
120A 3  Brisket, point/off, bnls
123A 3  Short Plate, short rib
130  4  Chuck, short rib
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled
168  1  Round, top inside round
168  3  Round, top inside round           7      42,310   220.69  235.00  225.91
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           5       4,516   197.58  204.68  201.58
171B 3  Round, outside round              4      29,618   201.25  214.50  204.20
171C 3  Round, eye of round (IM)          5      37,491   234.39  238.00  235.76
174  3  Loin, short loin, 0x1
175  3  Loin, strip loin, 1x1             0           0
     1  Loin, strip loin bnls. 1x1        0           0
180  3  Loin, strip, bnls, 0x1
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless          5      17,939   347.00  376.24  359.90
184B 3  Loin, top butt, CC (IM)           0           0
185A 4  Loin, bottom sirloin, flap        0           0
185B 1  Loin, ball-tip, bnls, heavy
185C 1  Loin, sirloin, tri-tip (IM)       3       3,485   342.41  365.97  344.62
185D 4  Loin, tri-tip, pld (IM)
189A 4  Loin, tndrloin, trmd, heavy       3       2,251   957.00  977.72  973.96
191A 4  Loin, butt tender, trimmed
193  4  Flank, flank steak (IM)           8      11,145   504.00  540.98  516.18
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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            4       8,019   129.49  140.00  136.90
121D 4  Plate, Inside Skirt (IM)         14      64,235   458.82  484.00  465.46
121C 4  Plate, Outside Skirt (IM)         5       2,878   777.00  831.00  813.62
121E 6  Outside Skirt, pld (IM)           7       7,070   999.80 1038.51 1021.07
        Cap, Wedge Meat & (IM) Lean      18      49,045   275.00  325.00  301.86
        Pectoral Meat                     5       9,296   325.98  351.00  333.89
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73%                           5      27,820   180.34  195.14  194.08
Ground Beef 75%
Ground Beef 81%                          20     108,951   194.00  227.00  205.35
Ground Beef 85%
Ground Beef 90%                           0           0
Ground Beef 93%                           3      18,142   295.00  310.00  302.50
Ground Beef Chuck 80%                     5      50,636   198.00  220.14  211.98
Ground Beef Round 85%
Ground Beef Sirloin 90%                   0           0
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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%             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                  6     137,641    88.00   94.23   90.62
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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