USDA Market Reports

Boxed Beef - Morning

LM_XB402

Des Moines, IA                  Thu, Jan 08, 2015               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

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

Current Cutout Values:                          255.01         245.46

Change from prior day:                            2.26           3.34

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

Choice/Select spread:                                    9.55



Total Load Count (Cuts, Trimmings, Grinds):                82

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

COMPOSITE PRIMAL VALUES

 Primal Rib                                     338.18         315.99

 Primal Chuck                                   227.58         223.73

 Primal Round                                   241.80         240.78

 Primal Loin                                    310.35         284.45

 Primal Brisket                                 231.18         230.56

 Primal Short Plate                             182.60         182.13

 Primal Flank                                   137.25         134.86

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

LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS

                                                CHOICE         SELECT

Date  Choice Select Trim Grinds Total           600-900        600-900

01/07   113    48    14    43    218            252.75         242.12

01/06    90    55     8    26    180            250.33         240.05

01/05    84    28    11    31    155            249.36         240.43

01/02    65    18     4    18    105            249.03         240.40

12/31    73    39    16    34    163            248.90         238.57

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

Current 5 Day Simple Average:                   250.07         240.31

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

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             47.52  loads          1,900,945  pounds

 Select Cuts             11.19  loads            447,441  pounds

 Trimmings                5.21  loads            208,414  pounds

 Ground Beef             17.78  loads            711,040  pounds

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

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

IMPS/FL       Sub-Primal              # of      Total        Price      Weighted

                                    Trades     Pounds        Range       Average

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

109E 1  Rib, ribeye, lip-on, bn-in       24     206,512   529.80  633.00  580.24

112A 3  Rib, ribeye, bnls, light          9      17,093   665.00  726.00  674.30

112A 3  Rib, ribeye, bnls, heavy         34     100,340   618.00  706.00  650.33

113C 1  Chuck, semi-bnls, neck/off

114  1  Chuck, shoulder clod              4       5,317   284.75  295.00  290.64

114A 3  Chuck, shoulder clod, trmd       18      59,551   286.68  313.28  304.20

114D 3  Chuck, clod, top blade

114E 3  Chuck, clod, arm roast

114F 5  Chuck, clod tender (IM)           4       3,975   390.00  412.00  402.68

115  1  Chuck, 2-piece, boneless

116A 3  Chuck, roll, lxl, neck/off       25     181,698   311.00  357.00  325.99

116B 1  Chuck, chuck tender (IM)          6      27,324   317.69  330.04  328.18

     3  Chuck roll, retail ready

120  1  Brisket, deckle-off, bnls        20      37,302   344.00  371.00  355.93

120A 3  Brisket, point/off, bnls          4       1,446   589.75  612.00  606.14

123A 3  Short Plate, short rib            9      15,639   535.00  626.75  585.69

130  4  Chuck, short rib                  9      12,736   333.00  392.00  351.87

160  1  Round, bone-in                    0           0

161  1  Round, boneless                   5      14,397   297.00  322.00  315.75

     3  Round, bnls/peeled heel-out

167A 4  Round, knuckle, peeled           29      92,811   322.64  348.00  335.88

168  1  Round, top inside round          23      78,918   283.00  306.00  286.70

168  3  Round, top inside round          23     122,035   285.00  311.00  293.05

169  5  Round, top inside, denuded        7      10,811   345.00  365.00  351.41

     3  Round, top inside, side off       0           0

170  1  Round, bottom gooseneck           4       8,922   280.11  313.00  299.49

171B 3  Round, outside round             23      71,616   324.00  350.00  329.05

171C 3  Round, eye of round (IM)         29      70,954   336.00  367.05  344.72

174  1  Loin, short loin, 2x3

174  3  Loin, short loin, 0x1            12      23,438   530.66  583.00  545.70

175  3  Loin, strip loin, 1x1

180  1  Loin, strip, bnls, heavy          0           0

     1  Loin, strip loin bnls. 1x1        3       6,466   570.75  572.00  571.93

180  3  Loin, strip, bnls, 0x1           21      86,014   613.00  658.00  620.99

184  1  Loin, top butt, bnls, heavy      16       5,801   348.00  377.75  362.18

184  3  Loin, top butt, boneless         17      27,572   368.17  390.25  383.50

185A 4  Loin, bottom sirloin, flap       25     122,635   434.00  505.00  453.61

185B 1  Loin, ball-tip, bnls, heavy      13      26,698   295.00  321.00  314.67

185C 1  Loin, sirloin, tri-tip (IM)       4       1,485   368.72  399.00  373.89

185D 4  Loin, tri-tip, pld (IM)          13      50,810   474.20  521.46  512.17

189A 4  Loin, tndrloin, trmd, heavy      20      34,754  1000.94 1125.00 1014.73

191A 4  Loin, butt tender, trimmed

193  4  Flank, flank steak (IM)          10      31,805   500.05  540.50  534.13

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

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

IMPS/FL         Sub-Primal             # of      Total        Price     Weighted

                                       Trades    Pounds       Range     Average

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

109E 1  Rib, ribeye, lip-on, bn-in        8       3,458   500.16  562.19  528.54

112A 3  Rib, ribeye, bnls, light          6       5,131   595.00  644.75  611.45

112A 3  Rib, ribeye, bnls, heavy         16      60,749   570.16  625.00  585.65

113C 1  Chuck, semi-bnls, neck/off        0           0

114  1  Chuck, shoulder clod              4      15,016   284.59  297.75  291.64

114A 3  Chuck, shoulder clod, trmd        8      43,234   286.68  311.00  305.52

114D 3  Chuck, clod, top blade            0           0

114E 3  Chuck, clod, arm roast            0           0

114F 5  Chuck, clod tender (IM)           5       6,181   376.00  390.00  388.75

115  1  Chuck, 2-piece, boneless          0           0

116A 3  Chuck, roll, lxl, neck/off       14      15,457   310.00  344.00  320.72

116B 1  Chuck, chuck tender (IM)          5      10,721   311.00  324.00  318.00

     3  Chuck roll, retail ready

120  1  Brisket, deckle-off, bnls

120A 3  Brisket, point/off, bnls          0           0

123A 3  Short Plate, short rib

130  4  Chuck, short rib                  8       8,513   319.75  385.00  339.28

160  1  Round, bone-in

161  1  Round, boneless                   0           0

     3  Round, bnls/peeled heel-out       0           0

167A 4  Round, knuckle, peeled            4       3,535   335.00  342.00  337.01

168  1  Round, top inside round           4       9,571   282.00  290.66  284.00

168  3  Round, top inside round           7      14,249   295.00  325.25  300.62

169  5  Round, top inside, denuded        5       5,704   345.00  364.00  354.31

     3  Round, top inside, side off       0           0

170  1  Round, bottom gooseneck

171B 3  Round, outside round              6      34,392   326.17  348.00  327.20

171C 3  Round, eye of round (IM)          7       9,786   332.00  351.00  340.71

174  1  Loin, short loin, 2x3             0           0

174  3  Loin, short loin, 0x1             6       2,828   465.00  494.75  471.75

175  3  Loin, strip loin, 1x1

180  1  Loin, strip, bnls, heavy          0           0

     1  Loin, strip loin bnls. 1x1

180  3  Loin, strip, bnls, 0x1            4       9,997   489.61  515.50  493.68

184  1  Loin, top butt, bnls, heavy       0           0

184  3  Loin, top butt, boneless          9      30,248   350.00  355.00  350.87

185A 4  Loin, bottom sirloin, flap (IM)

185B 1  Loin, ball-tip, bnls, heavy

185C 1  Loin, sirloin, tri-tip (IM)

185D 4  Loin, tri-tip, pld (IM)           0           0

189A 4  Loin, tndrloin, trmd, heavy       5       4,395   968.83 1125.00 1025.83

191A 4  Loin, butt tender, trimmed

193  4  Flank, flank steak (IM)           0           0

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

CHOICE, SELECT & UNGRADED CUTS   Fat Limitations 1-6  (IM) = Individual Muscle

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

124  4  Rib, Back Ribs, Fresh

124  4  Rib, Back Ribs, Frozen            3      22,972   130.00  195.50  174.98

121D 4  Plate, Inside Skirt (IM)         14      29,927   447.00  460.00  456.71

121C 4  Plate, Outside Skirt (IM)        11      10,516   570.00  621.00  581.38

121E 6  Outside Skirt, pld (IM)

        Cap, Wedge Meat & (IM) Lean      19     128,436   347.00  390.00  355.26

        Pectoral Meat                    29      61,132   356.00  407.00  367.09

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

GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind

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

Ground Beef 73%                          15     111,281   234.32  263.00  242.12

Ground Beef 75%

Ground Beef 81%                          29     283,408   265.00  291.00  284.17

Ground Beef 85%                           0           0

Ground Beef 90%

Ground Beef 93%                           0           0

Ground Beef Chuck 80%                    11     144,804   285.00  306.00  293.50

Ground Beef Round 85%

Ground Beef Sirloin 90%                   0           0

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

BLENDED GB - STEER/HEIFER/COW SOURCE - 10 Pound Chub Basis - Coarse & Fine Grind

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

Blended Ground Beef 73%

Blended Ground Beef 75%

Blended Ground Beef 81%                   6      56,467   263.25  287.00  272.98

Blended Ground Beef 85%

Blended Ground Beef 90%                   0           0

Blended Ground Beef 93%                   0           0

Blended Ground Beef Chuck 80%

Blended Ground Beef Round 85%

Blended Ground Beef Sirloin 90%

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

BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed

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

Fresh 50% lean trimmings                  7     208,414   127.00  136.00  129.70

Frozen 50% lean trimmings                 0           0

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

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 daily 3/70/20 guideline.  Please refer to weekly

LM_XB459 as the item may qualify.

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

Source:  USDA Market News Service, Des Moines, IA

         515-284-4460            email:  desm.lgmn@usda.gov

         24 Hour recorded market information 515-284-4830

         http://www.ams.usda.gov/LSMarketNews

1100C









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