LM_XB403
Des Moines, IA Fri, Apr 06, 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 lower on light to moderate demand and moderate
offerings. Select and Choice rib, chuck, round and loin cuts weak to lower.
Beef trimmings higher on light to moderate demand and offerings.
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 177.61 175.30
Change from prior day: (0.90) (1.36)
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Choice/Select spread: 2.31
Total Load Count (Cuts, Trimmings, Grinds): 155
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COMPOSITE PRIMAL VALUES
Primal Rib 262.87 250.25
Primal Chuck 139.24 139.60
Primal Round 155.28 155.37
Primal Loin 253.46 247.78
Primal Brisket 123.27 122.42
Primal Short Plate 122.42 126.02
Primal Flank 97.82 97.06
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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
04/05 138 68 40 36 281 178.51 176.66
04/04 118 74 25 49 266 180.64 178.37
04/03 97 44 15 26 182 183.09 180.91
04/02 79 49 21 26 174 184.10 182.35
03/30 88 36 16 21 161 183.37 182.40
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Current 5 Day Simple Average: 181.94 180.14
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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 74.49 loads 2,979,755 pounds
Select Cuts 44.53 loads 1,781,309 pounds
Trimmings 14.49 loads 579,561 pounds
Ground Beef 21.09 loads 843,720 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 26 40,384 520.26 572.00 552.97
112A 3 Rib, ribeye, bnls, light 11 121,341 560.70 642.00 576.24
112A 3 Rib, ribeye, bnls, heavy 42 127,875 558.00 642.00 583.63
113C 1 Chuck, semi-bnls, neck/off 9 23,334 176.00 199.50 182.46
114 1 Chuck, shoulder clod 8 104,282 176.00 185.00 183.39
114A 3 Chuck, shoulder clod, trmd 34 199,057 182.00 197.50 188.11
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast 9 12,047 218.15 249.91 229.17
114F 5 Chuck, clod tender (IM) 12 21,372 299.43 410.00 313.26
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 52 395,290 184.32 205.00 193.52
116B 1 Chuck, chuck tender (IM) 31 125,814 203.00 223.00 206.72
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 18 79,739 184.00 201.50 187.42
120A 3 Brisket, point/off, bnls 9 4,577 325.00 352.00 338.02
123A 3 Short Plate, short rib 6 9,902 340.00 373.00 356.41
130 4 Chuck, short rib 24 61,172 185.00 227.00 195.50
160 1 Round, bone-in 4 10,199 197.50 201.00 199.59
161 1 Round, boneless 4 20,479 205.00 213.50 206.69
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 38 195,667 204.00 235.00 214.06
168 1 Round, top inside round 20 134,565 191.00 204.00 197.49
168 3 Round, top inside round 19 123,994 192.00 222.00 204.87
169 5 Round, top inside, denuded 6 7,343 240.75 251.76 247.94
3 Round, top inside, side off
170 1 Round, bottom gooseneck 5 13,791 186.00 210.00 190.77
171B 3 Round, outside round 51 255,171 180.00 212.00 186.21
171C 3 Round, eye of round (IM) 40 119,765 202.26 221.00 209.44
174 1 Loin, short loin, 2x3 0 0
174 3 Loin, short loin, 0x1 13 46,644 514.83 543.00 521.61
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1 12 8,796 450.00 486.00 452.06
180 3 Loin, strip, bnls, 0x1 23 140,888 484.21 537.00 505.72
184 1 Loin, top butt, bnls, heavy 5 1,990 295.00 310.00 300.06
184 3 Loin, top butt, boneless 18 71,913 299.87 334.75 313.18
185A 4 Loin, bottom sirloin, flap 30 146,998 364.00 396.00 372.48
185B 1 Loin, ball-tip, bnls, heavy 13 15,991 252.00 281.42 262.52
185C 1 Loin, sirloin, tri-tip (IM) 16 49,789 300.00 365.00 319.79
185D 4 Loin, tri-tip, pld (IM) 7 1,760 411.00 450.00 422.44
189A 4 Loin, tndrloin, trmd, heavy 22 51,951 915.00 1066.00 934.66
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM) 7 3,145 400.50 435.50 422.49
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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 9 9,972 500.26 549.00 519.27
112A 3 Rib, ribeye, bnls, light 4 30,530 532.00 595.00 543.55
112A 3 Rib, ribeye, bnls, heavy 19 58,629 525.00 622.00 555.90
113C 1 Chuck, semi-bnls, neck/off 6 18,691 175.00 198.00 180.69
114 1 Chuck, shoulder clod 16 102,401 175.43 193.58 181.41
114A 3 Chuck, shoulder clod, trmd 14 46,366 185.00 202.58 188.07
114D 3 Chuck, clod, top blade 0 0
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender (IM) 4 2,610 311.50 410.00 360.25
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 20 87,898 185.00 207.00 196.15
116B 1 Chuck, chuck tender (IM) 14 124,877 200.00 221.00 203.02
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 8 67,905 184.00 194.25 186.02
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib 8 14,999 244.00 345.00 276.12
130 4 Chuck, short rib 5 12,953 186.00 226.79 192.36
160 1 Round, bone-in
161 1 Round, boneless 5 9,753 201.00 213.50 206.32
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 12 56,050 203.88 233.58 207.50
168 1 Round, top inside round 12 35,131 185.00 205.56 191.64
168 3 Round, top inside round 15 77,042 196.00 216.00 201.36
169 5 Round, top inside, denuded 8 27,359 234.00 245.00 239.37
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck 3 1,005 186.59 201.79 196.50
171B 3 Round, outside round 11 33,738 188.00 208.00 195.25
171C 3 Round, eye of round (IM) 12 9,943 201.01 227.00 212.42
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 17 134,775 459.83 530.00 466.25
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 13 30,651 450.09 539.82 476.80
184 1 Loin, top butt, bnls, heavy 13 206,842 273.00 302.00 275.04
184 3 Loin, top butt, boneless 10 6,800 299.46 320.00 311.84
185A 4 Loin, bottom sirloin, flap 23 244,173 364.00 391.00 365.44
185B 1 Loin, ball-tip, bnls, heavy 4 17,311 229.25 261.79 254.21
185C 1 Loin, sirloin, tri-tip (IM) 6 40,858 299.09 338.00 302.63
185D 4 Loin, tri-tip, pld (IM) 0 0
189A 4 Loin, tndrloin, trmd, heavy 11 11,029 900.00 1016.00 928.86
191A 4 Loin, butt tender, trimmed 0 0
193 4 Flank, flank steak (IM) 3 7,062 380.00 405.00 386.83
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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 34,065 98.62 126.00 110.07
121D 4 Plate, Inside Skirt (IM) 15 71,641 346.58 365.00 350.82
121C 4 Plate, Outside Skirt (IM) 9 27,137 484.00 560.00 501.31
121E 6 Outside Skirt, pld (IM) 4 3,424 755.00 766.90 755.45
Cap, Wedge Meat & (IM) Lean 40 194,252 227.00 252.00 237.19
Pectoral Meat 20 93,295 220.00 257.00 225.50
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 37 362,821 150.00 172.00 159.10
Ground Beef 75%
Ground Beef 81% 26 70,084 159.00 200.00 177.87
Ground Beef 85%
Ground Beef 90% 0 0
Ground Beef 93% 13 45,523 241.00 260.00 246.66
Ground Beef Chuck 80% 25 159,303 166.40 182.00 177.31
Ground Beef Round 85% 10 35,207 203.42 217.00 213.73
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%
Blended Ground Beef 81% 8 68,312 189.00 208.00 201.52
Blended Ground Beef 85%
Blended Ground Beef 90%
Blended Ground Beef 93%
Blended Ground Beef Chuck 80%
Blended Ground Beef Round 85% 0 0
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 17 579,561 50.00 68.50 58.96
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.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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