LM_XB402
Des Moines, IA Wed, Apr 04, 2012 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
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Current Cutout Values: 180.78 179.20
Change from prior day: (2.31) (1.71)
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Choice/Select spread: 1.58
Total Load Count (Cuts, Trimmings, Grinds): 162
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COMPOSITE PRIMAL VALUES
Primal Rib 267.43 259.52
Primal Chuck 144.73 144.05
Primal Round 156.38 154.94
Primal Loin 254.04 251.95
Primal Brisket 125.58 127.08
Primal Short Plate 126.19 131.16
Primal Flank 105.87 101.38
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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
04/03 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
03/29 81 43 34 21 179 183.46 183.12
03/28 138 69 23 41 272 184.24 184.32
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Current 5 Day Simple Average: 183.65 182.62
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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 68.94 loads 2,757,569 pounds
Select Cuts 43.13 loads 1,725,116 pounds
Trimmings 17.43 loads 697,165 pounds
Ground Beef 32.45 loads 1,298,082 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 27 45,275 540.00 589.00 551.42
112A 3 Rib, ribeye, bnls, light 21 207,853 570.00 645.00 575.20
112A 3 Rib, ribeye, bnls, heavy 70 75,448 570.00 643.00 608.08
113C 1 Chuck, semi-bnls, neck/off 9 58,903 183.13 199.50 188.55
114 1 Chuck, shoulder clod 17 25,548 180.06 194.50 183.99
114A 3 Chuck, shoulder clod, trmd 27 87,617 187.00 202.00 191.66
114D 3 Chuck, clod, top blade 9 9,153 249.19 280.44 253.49
114E 3 Chuck, clod, arm roast 3 3,539 215.00 235.00 225.87
114F 5 Chuck, clod tender (IM) 8 6,623 316.88 411.25 379.55
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 68 192,412 189.42 212.00 195.11
116B 1 Chuck, chuck tender (IM) 27 35,319 212.00 221.25 215.79
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 61 86,265 188.00 202.00 193.67
120A 3 Brisket, point/off, bnls 15 12,989 312.00 335.00 324.48
123A 3 Short Plate, short rib 26 74,830 265.00 360.25 299.52
130 4 Chuck, short rib 38 32,897 195.00 280.00 205.49
160 1 Round, bone-in 9 12,343 192.00 208.50 196.58
161 1 Round, boneless 6 9,613 209.00 210.00 209.38
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 58 162,847 215.28 240.00 222.40
168 1 Round, top inside round 42 60,675 189.00 206.89 199.17
168 3 Round, top inside round 23 173,095 198.00 218.00 209.27
169 5 Round, top inside, denuded 20 43,746 239.00 248.50 241.09
3 Round, top inside, side off
170 1 Round, bottom gooseneck 8 8,993 189.73 210.00 198.03
171B 3 Round, outside round 44 190,719 184.00 203.00 191.85
171C 3 Round, eye of round (IM) 42 118,538 204.00 225.00 210.26
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 19 16,977 525.35 545.00 543.28
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy
1 Loin, strip loin bnls. 1x1 14 11,390 450.00 477.00 454.14
180 3 Loin, strip, bnls, 0x1 53 55,730 508.25 546.00 518.82
184 1 Loin, top butt, bnls, heavy 34 311,502 273.00 318.00 277.58
184 3 Loin, top butt, boneless 21 38,382 301.70 326.00 317.12
185A 4 Loin, bottom sirloin, flap 35 49,874 370.00 404.00 382.48
185B 1 Loin, ball-tip, bnls, heavy 27 32,825 260.00 290.75 268.20
185C 1 Loin, sirloin, tri-tip (IM) 11 52,121 308.00 336.40 310.59
185D 4 Loin, tri-tip, pld (IM) 8 7,664 450.00 485.35 453.99
189A 4 Loin, tndrloin, trmd, heavy 44 119,390 920.00 990.00 929.25
191A 4 Loin, butt tender, trimmed 3 1,221 915.00 915.00 915.00
193 4 Flank, flank steak (IM) 13 8,449 417.76 475.00 449.91
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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 13 17,250 530.00 560.35 540.64
112A 3 Rib, ribeye, bnls, light 6 4,894 595.00 601.25 596.84
112A 3 Rib, ribeye, bnls, heavy 34 135,629 524.86 611.25 569.05
113C 1 Chuck, semi-bnls, neck/off 16 165,121 180.00 200.00 183.93
114 1 Chuck, shoulder clod 8 49,830 180.42 196.00 184.00
114A 3 Chuck, shoulder clod, trmd 12 32,417 186.63 206.63 192.91
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender (IM)
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 28 85,572 190.00 214.00 198.23
116B 1 Chuck, chuck tender (IM) 15 21,457 205.00 220.00 211.09
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 28 140,465 189.00 209.74 192.62
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib 13 22,524 245.00 340.00 264.66
130 4 Chuck, short rib 7 17,739 185.00 229.74 188.99
160 1 Round, bone-in
161 1 Round, boneless 4 3,851 210.00 212.00 210.99
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 21 76,917 213.00 230.50 215.89
168 1 Round, top inside round 23 137,660 187.00 201.25 189.84
168 3 Round, top inside round 11 79,355 198.00 214.50 202.79
169 5 Round, top inside, denuded 4 5,110 239.00 242.00 239.18
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck
171B 3 Round, outside round 20 54,929 192.00 209.25 195.57
171C 3 Round, eye of round (IM) 20 70,872 206.37 216.25 208.65
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 28 25,200 504.00 545.00 523.93
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 26 51,942 471.00 520.00 491.28
184 1 Loin, top butt, bnls, heavy 33 107,068 273.00 301.25 280.61
184 3 Loin, top butt, boneless 22 35,105 295.25 319.00 302.74
185A 4 Loin, bottom sirloin, flap 3 18,408 370.00 385.00 376.30
185B 1 Loin, ball-tip, bnls, heavy 9 9,793 250.92 276.00 262.46
185C 1 Loin, sirloin, tri-tip (IM) 6 5,628 310.00 336.63 328.38
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 29 24,525 915.00 1016.00 939.77
191A 4 Loin, butt tender, trimmed 5 3,746 880.00 895.00 891.41
193 4 Flank, flank steak (IM) 6 5,466 400.00 420.00 408.50
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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 12 172,548 92.61 130.00 94.93
121D 4 Plate, Inside Skirt (IM) 20 14,137 344.00 365.00 356.25
121C 4 Plate, Outside Skirt (IM) 10 18,108 494.00 560.00 542.80
121E 6 Outside Skirt, pld (IM)
Cap, Wedge Meat & (IM) Lean 36 97,629 232.00 260.00 237.38
Pectoral Meat 30 165,928 218.03 260.00 223.53
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 33 118,077 150.00 171.00 154.22
Ground Beef 75%
Ground Beef 81% 81 455,139 165.75 198.50 177.13
Ground Beef 85%
Ground Beef 90%
Ground Beef 93% 36 226,231 241.00 265.35 254.46
Ground Beef Chuck 80% 46 206,869 173.00 206.00 179.17
Ground Beef Round 85% 20 46,663 206.00 219.50 213.52
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% 0 0
Blended Ground Beef 81% 3 9,816 194.25 206.00 202.24
Blended Ground Beef 85% 0 0
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%
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BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed
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Fresh 50% lean trimmings 19 690,165 50.00 77.00 60.06
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
1100C
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Boxed Beef - Morning
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