LM_XB403
Des Moines, IA Wed, May 30, 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 higher on moderate demand and light to moderate
offerings. Select and Choice rib, chuck and loin items firm to higher while
chuck cuts steady to weak. Beef trimmings lower on light to moderate demand
and moderate offerings.
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 197.00 188.10
Change from prior day: 1.26 0.89
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Choice/Select spread: 8.91
Total Load Count (Cuts, Trimmings, Grinds): 255
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COMPOSITE PRIMAL VALUES
Primal Rib 281.52 257.40
Primal Chuck 161.26 162.65
Primal Round 166.07 165.16
Primal Loin 287.71 256.80
Primal Brisket 135.90 135.47
Primal Short Plate 125.50 130.46
Primal Flank 105.10 100.09
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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
05/29 80 42 21 28 171 195.74 187.21
05/25 67 62 19 29 177 194.63 185.46
05/24 75 58 24 38 195 195.56 186.84
05/23 102 58 20 40 220 195.37 187.65
05/22 84 72 23 36 215 194.28 187.04
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Current 5 Day Simple Average: 195.11 186.84
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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 111.34 loads 4,453,407 pounds
Select Cuts 83.62 loads 3,344,862 pounds
Trimmings 19.33 loads 773,172 pounds
Ground Beef 40.36 loads 1,614,336 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 47 36,265 560.00 611.00 580.08
112A 3 Rib, ribeye, bnls, light 19 30,742 650.00 677.00 671.23
112A 3 Rib, ribeye, bnls, heavy 121 126,346 610.00 676.00 653.03
113C 1 Chuck, semi-bnls, neck/off 10 17,629 190.95 212.00 206.55
114 1 Chuck, shoulder clod 27 186,493 206.00 213.50 207.97
114A 3 Chuck, shoulder clod, trmd 70 255,615 211.91 227.00 216.88
114D 3 Chuck, clod, top blade 11 56,415 261.00 315.00 287.88
114E 3 Chuck, clod, arm roast 8 11,150 230.00 271.00 238.70
114F 5 Chuck, clod tender (IM) 17 17,654 350.00 392.00 364.67
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 125 335,478 224.89 241.00 230.55
116B 1 Chuck, chuck tender (IM) 56 113,743 212.41 234.00 217.48
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 124 374,031 202.00 226.00 208.53
120A 3 Brisket, point/off, bnls 31 28,083 294.50 339.00 328.19
123A 3 Short Plate, short rib 64 67,819 263.50 368.00 321.09
130 4 Chuck, short rib 70 82,732 183.20 228.00 198.65
160 1 Round, bone-in 6 4,505 195.07 206.00 202.95
161 1 Round, boneless 9 5,147 205.07 221.00 213.70
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 103 175,950 226.40 246.00 233.14
168 1 Round, top inside round 90 174,854 203.00 219.08 212.11
168 3 Round, top inside round 42 364,269 207.00 229.00 218.06
169 5 Round, top inside, denuded 23 33,740 246.00 263.49 254.41
3 Round, top inside, side off
170 1 Round, bottom gooseneck 14 32,247 189.73 210.00 201.60
171B 3 Round, outside round 79 399,812 194.50 218.61 201.33
171C 3 Round, eye of round (IM) 95 126,465 207.00 236.70 212.93
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 26 23,287 610.04 636.00 625.90
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy
1 Loin, strip loin bnls. 1x1 19 12,796 590.00 631.25 620.86
180 3 Loin, strip, bnls, 0x1 93 88,371 669.00 750.00 700.92
184 1 Loin, top butt, bnls, heavy 51 31,662 319.50 347.00 332.52
184 3 Loin, top butt, boneless 43 109,260 340.00 381.00 355.36
185A 4 Loin, bottom sirloin, flap 65 77,793 437.42 472.00 446.77
185B 1 Loin, ball-tip, bnls, heavy 43 69,332 230.00 250.10 235.78
185C 1 Loin, sirloin, tri-tip (IM) 31 40,765 326.00 366.00 344.53
185D 4 Loin, tri-tip, pld (IM) 34 27,063 450.00 480.49 466.97
189A 4 Loin, tndrloin, trmd, heavy 102 203,877 945.00 1041.00 970.21
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM) 28 27,677 425.00 471.00 443.50
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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 32 48,565 515.00 539.00 528.75
112A 3 Rib, ribeye, bnls, light 18 27,049 551.00 595.35 572.51
112A 3 Rib, ribeye, bnls, heavy 59 210,854 539.82 595.00 573.65
113C 1 Chuck, semi-bnls, neck/off 17 30,027 197.00 214.00 208.93
114 1 Chuck, shoulder clod 11 17,975 205.00 213.00 211.86
114A 3 Chuck, shoulder clod, trmd 26 76,892 211.00 225.00 220.11
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender (IM) 14 12,493 335.00 354.50 345.54
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 49 150,579 220.00 236.00 231.16
116B 1 Chuck, chuck tender (IM) 35 97,720 209.00 232.00 215.74
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 50 399,072 201.80 226.00 208.10
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib 9 17,163 245.00 355.00 298.53
130 4 Chuck, short rib 33 80,395 180.00 230.00 194.74
160 1 Round, bone-in
161 1 Round, boneless 10 13,497 207.00 215.25 211.21
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 41 98,814 228.00 245.00 235.80
168 1 Round, top inside round 29 43,548 204.00 225.00 212.69
168 3 Round, top inside round 35 195,692 207.18 235.00 213.56
169 5 Round, top inside, denuded 9 17,289 244.18 255.00 252.50
3 Round, top inside, side off
170 1 Round, bottom gooseneck 8 21,427 187.00 210.61 189.41
171B 3 Round, outside round 48 150,780 193.00 212.75 202.81
171C 3 Round, eye of round (IM) 42 90,216 205.00 225.76 210.43
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 37 40,208 515.00 548.39 538.70
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 46 55,563 509.00 568.61 531.17
184 1 Loin, top butt, bnls, heavy 20 24,443 295.00 317.00 299.65
184 3 Loin, top butt, boneless 49 413,918 297.40 340.00 305.65
185A 4 Loin, bottom sirloin, flap 17 43,810 428.00 455.00 436.27
185B 1 Loin, ball-tip, bnls, heavy 29 85,932 211.50 239.00 226.60
185C 1 Loin, sirloin, tri-tip (IM) 11 32,897 302.09 345.65 316.08
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 53 68,475 877.00 956.00 906.67
191A 4 Loin, butt tender, trimmed 17 23,247 899.71 933.00 922.46
193 4 Flank, flank steak (IM) 23 46,697 383.00 446.00 404.35
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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 13 12,160 114.00 131.00 120.79
121D 4 Plate, Inside Skirt (IM) 52 95,630 346.00 381.00 354.93
121C 4 Plate, Outside Skirt (IM) 25 24,038 512.00 541.00 519.44
121E 6 Outside Skirt, pld (IM) 14 25,507 684.00 755.00 693.95
Cap, Wedge Meat & (IM) Lean 74 772,016 224.50 254.00 228.08
Pectoral Meat 53 145,703 228.41 259.00 236.96
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 64 438,081 155.00 186.35 166.63
Ground Beef 75%
Ground Beef 81% 77 242,588 204.70 232.61 214.34
Ground Beef 85%
Ground Beef 90%
Ground Beef 93% 43 140,137 252.21 288.35 272.49
Ground Beef Chuck 80% 49 234,267 205.78 229.00 215.38
Ground Beef Round 85% 33 127,892 218.00 232.00 222.13
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 63,402 210.25 235.00 228.04
Blended Ground Beef 85%
Blended Ground Beef 90% 0 0
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 32 757,622 50.00 60.50 54.58
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
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Boxed Beef - Afternoon
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