LM_XB403
Des Moines, IA Mon, Apr 02, 2012 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 steady to firm on light to moderate demand and
offerings. Select and Choice rib and loin cuts steady to weak while chuck and
round items steady to firm. Beef trimmings lower on light to moderate demanda
and moderate offerings.
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 184.10 182.35
Change from prior day: 0.73 (0.05)
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Choice/Select spread: 1.76
Total Load Count (Cuts, Trimmings, Grinds): 174
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COMPOSITE PRIMAL VALUES
Primal Rib 280.00 271.85
Primal Chuck 145.73 146.66
Primal Round 156.51 156.15
Primal Loin 257.40 251.67
Primal Brisket 129.50 128.37
Primal Short Plate 133.80 139.07
Primal Flank 109.52 105.50
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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
03/30 88 36 16 21 161 183.37 182.40
03/29 81 43 34 21 179 183.46 183.12
03/28 138 69 23 41 272 184.24 184.32
03/27 99 48 15 35 197 185.44 185.38
03/26 90 37 16 26 169 186.75 186.56
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Current 5 Day Simple Average: 184.65 184.35
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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 78.77 loads 3,150,756 pounds
Select Cuts 48.66 loads 1,946,542 pounds
Trimmings 20.70 loads 828,043 pounds
Ground Beef 26.09 loads 1,043,513 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 37 189,591 529.83 600.00 564.20
112A 3 Rib, ribeye, bnls, light 13 57,988 580.00 676.00 609.27
112A 3 Rib, ribeye, bnls, heavy 36 89,164 591.50 647.63 618.50
113C 1 Chuck, semi-bnls, neck/off 6 85,910 180.00 201.00 184.14
114 1 Chuck, shoulder clod 8 63,983 178.20 193.95 182.39
114A 3 Chuck, shoulder clod, trmd 25 281,946 184.00 206.00 187.11
114D 3 Chuck, clod, top blade 10 31,774 234.50 274.39 241.05
114E 3 Chuck, clod, arm roast 7 15,487 221.40 250.00 230.34
114F 5 Chuck, clod tender (IM) 8 3,826 322.50 410.00 344.53
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 41 277,295 190.00 216.00 199.89
116B 1 Chuck, chuck tender (IM) 13 38,356 213.00 225.60 221.92
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 25 89,223 189.00 213.25 200.24
120A 3 Brisket, point/off, bnls 10 9,632 317.00 350.00 328.83
123A 3 Short Plate, short rib 19 60,615 295.00 382.00 358.52
130 4 Chuck, short rib 23 42,716 190.00 280.00 204.14
160 1 Round, bone-in
161 1 Round, boneless 5 4,529 214.00 220.00 219.20
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 52 284,978 210.00 236.00 218.35
168 1 Round, top inside round 10 61,650 193.00 205.00 195.31
168 3 Round, top inside round 27 157,855 199.00 232.00 209.50
169 5 Round, top inside, denuded 24 114,423 234.00 254.00 242.49
3 Round, top inside, side off
170 1 Round, bottom gooseneck 3 1,831 197.00 201.79 198.14
171B 3 Round, outside round 41 257,084 187.00 209.00 195.19
171C 3 Round, eye of round (IM) 36 127,125 206.00 231.00 215.09
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 18 26,389 510.00 547.00 527.04
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1 12 11,506 450.00 479.00 456.52
180 3 Loin, strip, bnls, 0x1 51 214,578 500.50 542.00 510.57
184 1 Loin, top butt, bnls, heavy 8 7,227 296.00 325.00 309.78
184 3 Loin, top butt, boneless 32 149,963 285.00 337.70 306.09
185A 4 Loin, bottom sirloin, flap 25 94,468 376.90 401.79 382.22
185B 1 Loin, ball-tip, bnls, heavy 8 6,608 280.00 294.75 283.31
185C 1 Loin, sirloin, tri-tip (IM) 7 11,136 321.00 329.61 328.51
185D 4 Loin, tri-tip, pld (IM) 4 11,784 415.00 461.63 434.50
189A 4 Loin, tndrloin, trmd, heavy 31 74,250 920.00 1072.00 958.08
191A 4 Loin, butt tender, trimmed 8 6,080 873.26 925.00 888.57
193 4 Flank, flank steak (IM) 16 13,376 375.00 451.00 428.42
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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 11 79,297 537.84 564.00 541.06
112A 3 Rib, ribeye, bnls, light 5 9,405 591.00 626.00 611.12
112A 3 Rib, ribeye, bnls, heavy 28 93,266 549.56 621.00 594.21
113C 1 Chuck, semi-bnls, neck/off 7 31,949 184.00 203.00 188.66
114 1 Chuck, shoulder clod 7 28,725 180.50 195.60 183.73
114A 3 Chuck, shoulder clod, trmd 10 23,319 192.23 203.40 194.64
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast 0 0
114F 5 Chuck, clod tender (IM) 6 8,894 314.00 410.00 363.88
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 25 411,420 200.00 222.60 203.65
116B 1 Chuck, chuck tender (IM) 4 4,938 214.53 229.40 216.55
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 8 44,942 189.00 198.74 195.24
120A 3 Brisket, point/off, bnls 0 0
123A 3 Short Plate, short rib 3 4,503 340.04 366.00 361.75
130 4 Chuck, short rib 10 45,439 190.00 204.20 192.93
160 1 Round, bone-in 0 0
161 1 Round, boneless 0 0
3 Round, bnls/peeled heel-out 0 0
167A 4 Round, knuckle, peeled 14 47,502 216.00 231.00 222.55
168 1 Round, top inside round 16 100,742 190.00 203.00 195.26
168 3 Round, top inside round 9 30,576 204.25 209.00 205.81
169 5 Round, top inside, denuded 4 13,831 241.79 244.00 241.98
3 Round, top inside, side off
170 1 Round, bottom gooseneck
171B 3 Round, outside round 24 117,209 190.11 210.60 198.06
171C 3 Round, eye of round (IM) 20 75,223 197.30 223.40 208.82
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 9 7,807 518.75 543.00 521.53
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy
1 Loin, strip loin bnls. 1x1
180 3 Loin, strip, bnls, 0x1 15 75,434 458.00 514.75 465.32
184 1 Loin, top butt, bnls, heavy 6 46,622 282.00 310.00 286.07
184 3 Loin, top butt, boneless 17 169,062 293.10 315.00 298.96
185A 4 Loin, bottom sirloin, flap 7 115,920 375.00 391.00 378.35
185B 1 Loin, ball-tip, bnls, heavy 3 2,716 280.04 291.79 284.42
185C 1 Loin, sirloin, tri-tip (IM) 6 28,723 307.29 329.61 313.67
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 16 39,355 900.00 938.61 916.66
191A 4 Loin, butt tender, trimmed 6 3,465 859.48 906.42 878.71
193 4 Flank, flank steak (IM) 4 9,742 375.00 430.00 401.51
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CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle
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124 4 Rib, Back Ribs, Fresh
124 4 Rib, Back Ribs, Frozen 11 75,983 92.61 130.00 104.45
121D 4 Plate, Inside Skirt (IM) 19 55,192 345.00 375.00 357.88
121C 4 Plate, Outside Skirt (IM) 8 11,196 511.50 560.00 547.42
121E 6 Outside Skirt, pld (IM) 7 13,397 740.00 780.00 758.19
Cap, Wedge Meat & (IM) Lean 25 93,499 230.00 260.00 237.83
Pectoral Meat 17 49,846 217.89 252.60 228.66
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 16 108,312 142.00 175.00 159.45
Ground Beef 75%
Ground Beef 81% 26 157,613 158.71 193.75 173.78
Ground Beef 85%
Ground Beef 90% 0 0
Ground Beef 93% 8 30,307 245.56 261.00 250.35
Ground Beef Chuck 80% 29 403,085 168.00 196.00 183.74
Ground Beef Round 85% 7 40,379 205.00 220.00 216.58
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% 11 67,854 191.80 219.50 202.11
Blended Ground Beef 85%
Blended Ground Beef 90%
Blended Ground Beef 93%
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 28 787,063 64.00 87.00 76.66
Frozen 50% lean trimmings
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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.lgmn@usda.gov
24 Hour recorded market information 515-284-4830
http://www.ams.usda.gov/LSMarketNews
1500C
.
Boxed Beef - Afternoon
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