LM_XB403
Des Moines, IA Fri, May 04, 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 weak on light to moderate demand and offerings.
Select and Choice rib, chuck, round and loin cuts steady to weak. Beef
trimmings sharply lower on nearby delivery with moderate demand and moderate
to heavy offerings.
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 190.29 186.11
Change from prior day: (0.67) (0.79)
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Choice/Select spread: 4.17
Total Load Count (Cuts, Trimmings, Grinds): 211
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COMPOSITE PRIMAL VALUES
Primal Rib 267.67 259.47
Primal Chuck 158.30 155.72
Primal Round 161.51 160.96
Primal Loin 270.86 259.36
Primal Brisket 131.93 131.03
Primal Short Plate 132.94 136.04
Primal Flank 104.51 101.50
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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
05/03 105 46 20 40 210 190.96 186.90
05/02 98 81 14 42 235 191.18 186.43
05/01 87 62 11 31 190 190.47 186.46
04/30 72 52 7 23 153 190.40 185.94
04/27 65 53 8 23 149 190.27 186.05
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Current 5 Day Simple Average: 190.66 186.36
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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 84.04 loads 3,361,531 pounds
Select Cuts 72.40 loads 2,895,804 pounds
Trimmings 23.76 loads 950,428 pounds
Ground Beef 30.81 loads 1,232,253 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 29 31,933 524.87 565.44 546.66
112A 3 Rib, ribeye, bnls, light 6 19,126 592.00 625.00 596.16
112A 3 Rib, ribeye, bnls, heavy 30 60,436 575.00 615.00 595.58
113C 1 Chuck, semi-bnls, neck/off 8 36,094 188.00 206.00 193.70
114 1 Chuck, shoulder clod 18 112,284 188.48 203.50 195.70
114A 3 Chuck, shoulder clod, trmd 30 146,560 199.00 215.50 207.21
114D 3 Chuck, clod, top blade 6 31,016 253.50 264.29 260.03
114E 3 Chuck, clod, arm roast 10 166,579 208.00 257.00 209.90
114F 5 Chuck, clod tender (IM) 4 3,402 323.48 410.00 343.05
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 36 151,475 211.00 233.10 221.23
116B 1 Chuck, chuck tender (IM) 23 76,125 211.00 225.50 215.15
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 39 292,233 189.00 210.30 196.35
120A 3 Brisket, point/off, bnls 6 8,657 297.00 326.50 307.50
123A 3 Short Plate, short rib 4 10,364 322.00 366.00 355.89
130 4 Chuck, short rib 20 61,980 187.00 225.00 197.37
160 1 Round, bone-in 5 10,656 194.00 211.00 200.80
161 1 Round, boneless 5 8,821 207.00 211.50 207.46
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 48 147,018 223.00 241.00 231.32
168 1 Round, top inside round 28 201,536 195.00 210.99 197.31
168 3 Round, top inside round 34 295,309 202.00 219.00 207.36
169 5 Round, top inside, denuded 14 38,646 233.00 249.60 241.71
3 Round, top inside, side off
170 1 Round, bottom gooseneck 8 14,981 188.58 216.12 200.83
171B 3 Round, outside round 33 143,369 195.00 216.00 204.38
171C 3 Round, eye of round (IM) 40 126,524 200.00 226.50 210.97
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 18 34,543 553.80 591.00 571.97
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1 10 17,741 515.00 534.00 516.94
180 3 Loin, strip, bnls, 0x1 40 136,271 575.00 611.50 592.20
184 1 Loin, top butt, bnls, heavy 4 4,559 306.03 326.00 311.35
184 3 Loin, top butt, boneless 20 48,665 318.00 342.00 332.74
185A 4 Loin, bottom sirloin, flap 20 43,783 415.00 451.00 429.38
185B 1 Loin, ball-tip, bnls, heavy 15 46,679 223.00 247.00 231.10
185C 1 Loin, sirloin, tri-tip (IM) 13 34,621 293.00 333.00 301.54
185D 4 Loin, tri-tip, pld (IM) 10 47,931 421.00 454.00 435.23
189A 4 Loin, tndrloin, trmd, heavy 8 13,491 930.00 1056.00 999.95
191A 4 Loin, butt tender, trimmed 6 1,684 923.00 980.00 938.86
193 4 Flank, flank steak (IM) 16 16,501 381.00 418.00 387.58
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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 7 4,242 515.71 525.50 517.93
112A 3 Rib, ribeye, bnls, light 3 3,335 576.00 588.00 584.91
112A 3 Rib, ribeye, bnls, heavy 18 26,905 531.53 580.00 548.67
113C 1 Chuck, semi-bnls, neck/off 15 73,404 195.00 205.00 198.15
114 1 Chuck, shoulder clod 14 61,298 188.48 203.55 196.27
114A 3 Chuck, shoulder clod, trmd 27 183,596 199.66 215.00 205.31
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender (IM) 7 15,834 330.00 352.00 338.04
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 51 510,256 212.00 229.00 217.48
116B 1 Chuck, chuck tender (IM) 14 27,494 205.00 229.00 214.98
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 17 256,130 185.00 205.00 194.84
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib 9 23,492 278.00 366.00 336.17
130 4 Chuck, short rib 6 23,616 192.00 211.00 195.54
160 1 Round, bone-in
161 1 Round, boneless
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 27 114,867 223.00 245.00 229.87
168 1 Round, top inside round 17 108,882 190.00 202.75 193.28
168 3 Round, top inside round 25 178,923 200.00 217.00 202.74
169 5 Round, top inside, denuded 7 10,156 231.00 245.50 233.65
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck
171B 3 Round, outside round 22 79,518 196.00 216.18 204.15
171C 3 Round, eye of round (IM) 15 18,304 205.00 230.00 219.70
174 1 Loin, short loin, 2x3 0 0
174 3 Loin, short loin, 0x1 6 1,865 530.00 553.50 542.51
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 10 30,381 520.00 555.00 530.96
184 1 Loin, top butt, bnls, heavy 9 12,235 292.40 315.00 311.35
184 3 Loin, top butt, boneless 14 101,566 306.00 326.50 308.42
185A 4 Loin, bottom sirloin, flap 8 10,242 416.00 451.00 432.23
185B 1 Loin, ball-tip, bnls, heavy 6 12,982 214.00 232.50 223.95
185C 1 Loin, sirloin, tri-tip (IM) 8 106,152 273.80 316.00 300.57
185D 4 Loin, tri-tip, pld (IM) 0 0
189A 4 Loin, tndrloin, trmd, heavy 14 119,124 914.00 930.00 919.23
191A 4 Loin, butt tender, trimmed 5 8,544 900.00 931.00 905.61
193 4 Flank, flank steak (IM) 5 11,197 367.00 380.00 373.48
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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 10 49,720 101.50 113.99 108.38
121D 4 Plate, Inside Skirt (IM) 35 136,376 340.00 370.00 345.24
121C 4 Plate, Outside Skirt (IM) 22 27,599 490.00 551.00 512.84
121E 6 Outside Skirt, pld (IM) 6 3,405 684.00 755.00 722.41
Cap, Wedge Meat & (IM) Lean 89 1,084,606 207.00 243.90 222.84
Pectoral Meat 24 46,844 213.48 250.00 226.41
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 27 394,922 145.98 186.34 169.91
Ground Beef 75% 0 0
Ground Beef 81% 28 55,552 202.00 223.40 212.87
Ground Beef 85%
Ground Beef 90% 0 0
Ground Beef 93% 6 12,422 272.50 280.50 277.66
Ground Beef Chuck 80% 17 342,947 205.00 220.00 213.22
Ground Beef Round 85% 5 14,938 223.00 229.00 225.72
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% 16 259,632 201.41 222.50 206.93
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 26 950,428 69.00 88.00 76.48
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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