LM_XB402
Des Moines, IA Fri, May 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: 190.20 186.31
Change from prior day: (0.76) (0.59)
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Choice/Select spread: 3.90
Total Load Count (Cuts, Trimmings, Grinds): 120
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COMPOSITE PRIMAL VALUES
Primal Rib 267.55 261.13
Primal Chuck 158.29 156.17
Primal Round 161.18 160.80
Primal Loin 270.67 258.85
Primal Brisket 132.29 131.07
Primal Short Plate 133.18 136.28
Primal Flank 104.89 101.49
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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 43.37 loads 1,734,928 pounds
Select Cuts 36.14 loads 1,445,713 pounds
Trimmings 23.76 loads 950,428 pounds
Ground Beef 17.11 loads 684,257 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 18 15,589 528.17 565.44 553.17
112A 3 Rib, ribeye, bnls, light 4 18,714 592.00 611.00 595.80
112A 3 Rib, ribeye, bnls, heavy 19 28,881 575.00 615.00 602.12
113C 1 Chuck, semi-bnls, neck/off 4 8,837 195.00 206.00 197.06
114 1 Chuck, shoulder clod 7 38,465 189.00 203.50 189.98
114A 3 Chuck, shoulder clod, trmd 16 94,973 199.00 215.50 206.17
114D 3 Chuck, clod, top blade 5 30,774 253.50 264.29 260.00
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender (IM) 3 2,941 336.50 410.00 346.11
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 23 113,662 211.00 233.10 221.35
116B 1 Chuck, chuck tender (IM) 8 18,548 211.00 225.50 215.24
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 15 55,240 190.00 204.72 198.38
120A 3 Brisket, point/off, bnls 4 2,197 320.00 326.50 322.17
123A 3 Short Plate, short rib 4 10,364 322.00 366.00 355.89
130 4 Chuck, short rib 13 55,687 187.00 219.00 196.27
160 1 Round, bone-in 3 3,470 206.00 211.00 208.78
161 1 Round, boneless 0 0
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 27 83,678 223.00 241.00 230.75
168 1 Round, top inside round 13 117,867 195.00 210.99 196.17
168 3 Round, top inside round 19 84,297 202.00 219.00 207.57
169 5 Round, top inside, denuded 6 3,560 233.00 248.00 238.54
3 Round, top inside, side off
170 1 Round, bottom gooseneck 4 2,973 205.00 210.00 206.67
171B 3 Round, outside round 17 59,030 198.00 216.00 203.87
171C 3 Round, eye of round (IM) 27 105,461 200.00 226.00 210.06
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 11 24,737 553.80 591.00 573.10
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1 8 16,301 515.00 534.00 516.79
180 3 Loin, strip, bnls, 0x1 28 114,448 578.01 611.50 591.81
184 1 Loin, top butt, bnls, heavy
184 3 Loin, top butt, boneless 6 8,180 320.50 342.00 338.16
185A 4 Loin, bottom sirloin, flap 11 13,882 430.00 451.00 434.15
185B 1 Loin, ball-tip, bnls, heavy 10 41,295 223.00 236.00 229.51
185C 1 Loin, sirloin, tri-tip (IM) 6 4,335 299.50 333.00 308.97
185D 4 Loin, tri-tip, pld (IM) 5 2,886 421.00 454.00 438.24
189A 4 Loin, tndrloin, trmd, heavy 4 10,974 930.00 1056.00 1013.06
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM) 12 9,818 381.00 418.00 388.15
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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 5 2,945 515.71 525.50 517.70
112A 3 Rib, ribeye, bnls, light
112A 3 Rib, ribeye, bnls, heavy 11 11,651 555.00 580.00 561.23
113C 1 Chuck, semi-bnls, neck/off 7 48,901 196.50 203.12 198.51
114 1 Chuck, shoulder clod 6 21,675 189.00 200.50 192.13
114A 3 Chuck, shoulder clod, trmd 16 142,572 203.00 215.00 204.55
114D 3 Chuck, clod, top blade 0 0
114E 3 Chuck, clod, arm roast 0 0
114F 5 Chuck, clod tender (IM)
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 27 183,495 212.00 229.00 216.70
116B 1 Chuck, chuck tender (IM) 7 18,836 205.00 229.00 215.35
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 9 46,628 189.50 205.00 195.75
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib 5 12,206 278.00 355.00 347.24
130 4 Chuck, short rib 4 17,100 193.00 211.00 196.56
160 1 Round, bone-in
161 1 Round, boneless
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 11 49,727 224.00 245.00 229.56
168 1 Round, top inside round 4 14,020 191.00 199.00 192.44
168 3 Round, top inside round 11 59,626 202.00 217.00 206.33
169 5 Round, top inside, denuded 6 3,797 231.00 245.50 236.42
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck
171B 3 Round, outside round 12 18,892 197.25 212.40 201.00
171C 3 Round, eye of round (IM) 9 9,982 205.00 225.00 216.18
174 1 Loin, short loin, 2x3 0 0
174 3 Loin, short loin, 0x1
175 3 Loin, strip loin, 1x1 0 0
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1
180 3 Loin, strip, bnls, 0x1 4 16,017 520.00 550.00 523.21
184 1 Loin, top butt, bnls, heavy 3 3,584 292.40 310.00 308.97
184 3 Loin, top butt, boneless 9 57,648 307.00 325.50 308.85
185A 4 Loin, bottom sirloin, flap 7 9,879 416.00 451.00 432.31
185B 1 Loin, ball-tip, bnls, heavy 4 10,888 220.00 232.50 223.66
185C 1 Loin, sirloin, tri-tip (IM)
185D 4 Loin, tri-tip, pld (IM) 0 0
189A 4 Loin, tndrloin, trmd, heavy 11 113,385 915.00 930.00 918.96
191A 4 Loin, butt tender, trimmed 3 7,353 900.00 931.00 901.65
193 4 Flank, flank steak (IM) 4 10,990 367.00 380.00 373.55
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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 5 43,620 107.00 113.99 108.15
121D 4 Plate, Inside Skirt (IM) 13 42,150 345.00 367.50 347.41
121C 4 Plate, Outside Skirt (IM) 14 17,847 490.00 551.00 508.93
121E 6 Outside Skirt, pld (IM) 4 1,924 690.00 755.00 712.68
Cap, Wedge Meat & (IM) Lean 56 850,177 207.00 243.90 222.04
Pectoral Meat 9 26,007 221.00 250.00 227.01
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 14 284,045 162.00 183.50 168.45
Ground Beef 75% 0 0
Ground Beef 81% 9 18,122 202.00 223.40 211.42
Ground Beef 85% 0 0
Ground Beef 90% 0 0
Ground Beef 93%
Ground Beef Chuck 80% 7 106,340 206.00 217.00 210.79
Ground Beef Round 85% 3 13,900 225.79 229.00 225.89
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% 6 148,444 201.41 215.00 204.60
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
1100C
.
Boxed Beef - Morning
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