Markets

Boxed Beef Cuts - USDA Prime Product

LM_XB456

Des Moines, IA                  Mon, Nov 17, 2014               USDA Market News



NATIONAL WEEKLY BOXED BEEF CUTS FOR PRIME PRODUCT - Negotiated Sales



FOB Plant basis negotiated sales for delivery within 0-21 days including sales

since last report, Values reflect U.S. dollars per 100 pounds.



CURRENT VOLUME - (one load equals 40,000 pounds)



Loads:          7.64

Pounds:      305,427



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Prime Cuts, Fat Limitations 1-6           (IM) = Individual Muscle

IMPS/FL       Sub-Primal              # of      Total        Price      Weighted

                                    Trades     Pounds        Range       Average

--------------------------------------------------------------------------------

107   1  Rib, oven prepared             6       9,637   542.00   675.50   546.35

109A  1  Rib, roast-ready, heavy

109E  1  Rib, ribeye, lip-on, bn-in    59      85,649   741.59  1025.00   838.29

112A  3  Rib, ribeye, bnls, light       7       6,643   916.00  1001.00   943.44

112A  3  Rib, ribeye, bnls,heavy       55      43,169   900.00  1082.00   956.81

174   1  Loin, short loin, 2x3          8      13,386   795.00   885.00   824.33

174   3  Loin, short loin, 0x1         21      16,403   852.79  1001.00   963.69

180   1  Loin, strip, bnls, heavy

      1  Loin, strip loin bnls. 1x1     5       1,852   865.00   930.00   908.45

180   3  Loin, strip, bnls, 0x1        49      38,098   871.05  1097.25   960.91

184   1  Loin, top butt, bnls, heavy   14       5,507   364.75   445.00   390.09

184   3  Loin, top butt, boneless      25      19,746   347.00   402.00   375.01

189A  4  Loin, tndrloin, trmd, heavy   86      57,020  1330.00  1575.77  1506.48

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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"

--------------------------------------------------------------------------------

Items that have no entries indicate there were trades but not reportable

because they did not meet the weekly 3/70/20 guideline.

--------------------------------------------------------------------------------

Source:  USDA Market News Service, Des Moines, IA

515-284-4460    email:  desm.lpgmn@ams.usda.gov

www.ams.usda.gov/mnreports/lm_xb456.txt

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