LM_XB402
Des Moines, IA Fri, Apr 13, 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: 178.16 177.34
Change from prior day: 1.46 0.58
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Choice/Select spread: 0.82
Total Load Count (Cuts, Trimmings, Grinds): 113
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COMPOSITE PRIMAL VALUES
Primal Rib 257.61 246.47
Primal Chuck 145.25 147.28
Primal Round 155.17 154.65
Primal Loin 251.22 250.07
Primal Brisket 121.93 119.95
Primal Short Plate 123.29 127.70
Primal Flank 93.89 93.38
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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
04/12 113 69 16 30 228 176.70 176.76
04/11 144 77 91 51 364 177.06 177.68
04/10 140 68 10 39 258 178.08 177.35
04/09 72 27 47 25 171 178.61 176.88
04/06 74 45 14 21 155 177.61 175.30
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Current 5 Day Simple Average: 177.61 176.79
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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 45.89 loads 1,835,617 pounds
Select Cuts 42.32 loads 1,692,965 pounds
Trimmings 13.90 loads 555,975 pounds
Ground Beef 10.86 loads 434,440 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 15 101,670 502.00 551.00 506.15
112A 3 Rib, ribeye, bnls, light 6 11,645 575.00 611.00 590.71
112A 3 Rib, ribeye, bnls, heavy 26 46,301 575.00 601.00 578.96
113C 1 Chuck, semi-bnls, neck/off 4 1,977 195.00 205.00 198.90
114 1 Chuck, shoulder clod 6 44,678 178.79 182.42 180.92
114A 3 Chuck, shoulder clod, trmd 16 78,748 183.89 197.35 191.93
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast 5 15,274 204.05 240.50 217.09
114F 5 Chuck, clod tender (IM) 6 11,107 315.00 410.00 322.73
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 14 41,983 198.00 207.63 202.32
116B 1 Chuck, chuck tender (IM) 17 60,432 201.00 217.55 208.15
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 25 181,868 183.00 198.00 185.89
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib 6 19,144 340.21 366.00 354.81
130 4 Chuck, short rib 12 54,284 177.00 221.89 182.83
160 1 Round, bone-in 4 2,114 197.00 210.71 208.13
161 1 Round, boneless
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 25 74,827 200.00 228.00 213.48
168 1 Round, top inside round 10 56,148 191.50 200.50 198.07
168 3 Round, top inside round 13 32,553 205.33 219.00 209.91
169 5 Round, top inside, denuded 8 42,388 235.52 248.00 241.14
3 Round, top inside, side off
170 1 Round, bottom gooseneck
171B 3 Round, outside round 18 101,897 185.25 201.50 193.96
171C 3 Round, eye of round (IM) 24 151,199 199.00 217.35 203.29
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 7 25,128 523.00 545.00 529.89
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1 6 25,792 465.00 481.00 465.71
180 3 Loin, strip, bnls, 0x1 23 84,409 486.58 560.00 521.16
184 1 Loin, top butt, bnls, heavy 5 31,575 287.89 305.00 294.77
184 3 Loin, top butt, boneless 20 120,231 286.58 330.00 303.56
185A 4 Loin, bottom sirloin, flap 18 36,084 371.25 405.00 385.45
185B 1 Loin, ball-tip, bnls, heavy 12 39,319 220.00 240.00 227.40
185C 1 Loin, sirloin, tri-tip (IM) 16 26,252 304.50 336.79 315.28
185D 4 Loin, tri-tip, pld (IM) 5 5,289 415.00 435.00 419.00
189A 4 Loin, tndrloin, trmd, heavy 29 111,396 885.70 1056.00 912.86
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM) 12 13,650 350.00 425.00 386.24
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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 10 16,911 489.50 535.50 512.25
112A 3 Rib, ribeye, bnls, light
112A 3 Rib, ribeye, bnls, heavy 15 13,431 556.79 602.00 580.87
113C 1 Chuck, semi-bnls, neck/off 4 13,498 184.50 192.00 187.92
114 1 Chuck, shoulder clod 6 38,924 172.79 181.79 173.39
114A 3 Chuck, shoulder clod, trmd 7 17,717 182.79 194.00 187.64
114D 3 Chuck, clod, top blade 0 0
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender (IM) 8 14,221 309.50 410.00 350.99
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 15 56,423 194.00 212.00 201.83
116B 1 Chuck, chuck tender (IM) 7 55,257 201.00 216.00 206.68
3 Chuck roll, retail ready 0 0
120 1 Brisket, deckle-off, bnls 20 351,052 181.00 195.65 181.58
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib
130 4 Chuck, short rib 5 29,724 177.00 221.79 181.13
160 1 Round, bone-in
161 1 Round, boneless
3 Round, bnls/peeled heel-out 0 0
167A 4 Round, knuckle, peeled 7 36,308 205.00 215.00 208.35
168 1 Round, top inside round 3 13,195 195.01 196.79 195.48
168 3 Round, top inside round 7 16,035 202.00 213.00 208.60
169 5 Round, top inside, denuded 4 4,498 231.79 250.00 237.70
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck 3 1,292 196.79 210.00 203.38
171B 3 Round, outside round 9 84,744 179.88 199.00 194.74
171C 3 Round, eye of round (IM) 8 44,624 201.00 215.65 204.67
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 6 35,238 491.12 545.00 494.79
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy
1 Loin, strip loin bnls. 1x1
180 3 Loin, strip, bnls, 0x1 6 27,550 490.00 535.00 494.25
184 1 Loin, top butt, bnls, heavy 21 365,745 271.79 305.00 295.05
184 3 Loin, top butt, boneless 9 7,296 300.79 325.00 310.95
185A 4 Loin, bottom sirloin, flap 6 59,390 380.00 405.65 399.73
185B 1 Loin, ball-tip, bnls, heavy 9 104,144 220.00 230.00 220.74
185C 1 Loin, sirloin, tri-tip (IM)
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 10 80,085 887.50 928.75 899.61
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM)
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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 6 47,901 92.00 112.61 102.31
121D 4 Plate, Inside Skirt (IM) 17 54,689 341.00 390.00 354.70
121C 4 Plate, Outside Skirt (IM) 8 16,466 493.00 551.00 507.92
121E 6 Outside Skirt, pld (IM) 4 3,434 680.00 768.00 729.52
Cap, Wedge Meat & (IM) Lean 24 103,272 223.00 243.00 235.30
Pectoral Meat 10 36,487 220.00 255.00 225.19
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 5 83,306 155.07 174.00 159.95
Ground Beef 75% 0 0
Ground Beef 81% 16 63,621 173.80 201.50 187.45
Ground Beef 85% 0 0
Ground Beef 90% 0 0
Ground Beef 93% 3 28,082 257.61 260.00 258.71
Ground Beef Chuck 80% 8 47,116 179.61 195.65 191.60
Ground Beef Round 85%
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% 6 55,175 189.25 198.25 193.54
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% 0 0
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BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed
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Fresh 50% lean trimmings 13 514,675 54.08 59.00 57.11
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
.
Boxed Beef - Morning
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