LM_XB402
Des Moines, IA Wed, May 09, 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
--------------------------------------------------------------------------------
Current Cutout Values: 191.13 186.05
Change from prior day: 0.31 0.06
--------------------------------------------------------------------------------
Choice/Select spread: 5.08
Total Load Count (Cuts, Trimmings, Grinds): 143
--------------------------------------------------------------------------------
COMPOSITE PRIMAL VALUES
Primal Rib 269.40 254.92
Primal Chuck 158.67 157.42
Primal Round 163.15 161.77
Primal Loin 271.29 258.08
Primal Brisket 132.59 132.48
Primal Short Plate 132.97 136.31
Primal Flank 105.95 99.95
--------------------------------------------------------------------------------
LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS
CHOICE SELECT
Date Choice Select Trim Grinds Total 600-900 600-900
05/08 83 63 13 36 195 190.82 185.99
05/07 71 50 16 32 168 190.48 184.68
05/04 84 72 24 31 211 190.29 186.11
05/03 105 46 20 40 210 190.96 186.90
05/02 98 81 14 42 235 191.18 186.43
--------------------------------------------------------------------------------
Current 5 Day Simple Average: 190.75 186.02
--------------------------------------------------------------------------------
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 59.29 loads 2,371,673 pounds
Select Cuts 38.63 loads 1,545,141 pounds
Trimmings 4.66 loads 186,596 pounds
Ground Beef 40.32 loads 1,612,920 pounds
--------------------------------------------------------------------------------
Choice Cuts, Fat Limitations 1-6 (IM) = Individual Muscle
IMPS/FL Sub-Primal # of Total Price Weighted
Trades Pounds Range Average
--------------------------------------------------------------------------------
109E 1 Rib, ribeye, lip-on, bn-in 23 46,851 535.00 565.00 549.10
112A 3 Rib, ribeye, bnls, light 22 62,976 590.00 635.00 596.19
112A 3 Rib, ribeye, bnls, heavy 70 173,567 590.00 638.00 600.00
113C 1 Chuck, semi-bnls, neck/off 17 88,506 191.00 209.00 197.92
114 1 Chuck, shoulder clod 14 16,388 195.50 206.50 201.05
114A 3 Chuck, shoulder clod, trmd 32 59,433 203.79 215.11 211.59
114D 3 Chuck, clod, top blade 6 4,488 259.75 270.35 262.82
114E 3 Chuck, clod, arm roast 8 9,887 207.00 232.00 223.70
114F 5 Chuck, clod tender (IM) 20 24,149 311.80 410.00 352.66
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 54 188,321 214.60 229.00 220.28
116B 1 Chuck, chuck tender (IM) 21 33,460 215.00 222.50 218.23
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 53 174,599 193.00 214.65 201.45
120A 3 Brisket, point/off, bnls 24 14,149 299.42 334.75 318.64
123A 3 Short Plate, short rib 15 14,501 293.36 360.25 356.38
130 4 Chuck, short rib 17 32,743 186.00 226.00 197.94
160 1 Round, bone-in 8 12,005 194.00 209.00 201.49
161 1 Round, boneless 9 8,153 205.01 214.75 208.38
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 50 76,358 227.00 239.75 233.76
168 1 Round, top inside round 29 56,199 197.00 205.00 200.19
168 3 Round, top inside round 29 161,389 204.11 218.00 210.22
169 5 Round, top inside, denuded 15 16,187 233.00 249.00 237.45
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck 6 2,868 194.35 210.00 201.26
171B 3 Round, outside round 49 290,630 194.00 217.75 199.02
171C 3 Round, eye of round (IM) 33 49,110 210.98 229.75 214.61
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 25 58,208 569.00 595.35 577.55
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1 24 18,221 516.00 531.00 520.97
180 3 Loin, strip, bnls, 0x1 39 48,975 579.00 603.00 591.00
184 1 Loin, top butt, bnls, heavy 16 14,143 308.50 325.35 317.36
184 3 Loin, top butt, boneless 39 147,533 321.00 340.60 329.96
185A 4 Loin, bottom sirloin, flap 28 72,869 417.00 462.00 426.64
185B 1 Loin, ball-tip, bnls, heavy 27 41,253 223.00 245.35 231.86
185C 1 Loin, sirloin, tri-tip (IM) 13 10,094 302.00 333.00 315.83
185D 4 Loin, tri-tip, pld (IM) 10 18,009 435.00 460.35 436.38
189A 4 Loin, tndrloin, trmd, heavy 42 76,562 925.00 983.00 945.00
191A 4 Loin, butt tender, trimmed 5 4,151 950.83 971.00 968.77
193 4 Flank, flank steak (IM) 14 24,995 394.11 426.00 414.31
--------------------------------------------------------------------------------
Select Cuts, Fat Limitations 1-6 (IM) = Individual Muscle
IMPS/FL Sub-Primal # of Total Price Weighted
Trades Pounds Range Average
--------------------------------------------------------------------------------
109E 1 Rib, ribeye, lip-on, bn-in 29 62,278 490.00 535.00 498.84
112A 3 Rib, ribeye, bnls, light 19 79,591 520.00 567.00 538.35
112A 3 Rib, ribeye, bnls, heavy 36 79,779 535.79 591.25 552.69
113C 1 Chuck, semi-bnls, neck/off 8 29,402 196.50 207.11 197.71
114 1 Chuck, shoulder clod 17 47,693 193.00 205.36 199.08
114A 3 Chuck, shoulder clod, trmd 13 50,568 207.00 213.00 211.72
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender (IM) 15 60,526 311.80 380.00 322.54
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 48 189,608 211.60 227.11 219.20
116B 1 Chuck, chuck tender (IM) 16 53,296 208.00 221.25 211.58
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 14 38,856 194.80 205.00 198.79
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib
130 4 Chuck, short rib 8 17,990 185.00 215.00 192.16
160 1 Round, bone-in
161 1 Round, boneless 9 13,507 196.80 212.00 205.22
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 23 81,213 220.00 236.50 231.13
168 1 Round, top inside round 27 50,368 193.00 205.00 197.93
168 3 Round, top inside round 16 61,552 201.50 214.75 204.56
169 5 Round, top inside, denuded 13 21,214 230.00 245.00 238.04
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck 3 4,164 190.00 192.00 191.50
171B 3 Round, outside round 32 81,931 194.00 211.00 199.96
171C 3 Round, eye of round (IM) 23 36,382 210.80 221.00 214.00
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 25 13,731 521.33 550.57 541.46
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 29 50,990 533.00 556.00 540.13
184 1 Loin, top butt, bnls, heavy 13 17,656 295.00 315.00 297.41
184 3 Loin, top butt, boneless 35 67,828 300.00 331.00 313.74
185A 4 Loin, bottom sirloin, flap 7 13,106 416.00 441.50 425.26
185B 1 Loin, ball-tip, bnls, heavy 8 15,958 220.00 228.00 224.30
185C 1 Loin, sirloin, tri-tip (IM) 5 6,588 303.50 335.00 318.36
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 23 27,508 904.00 994.00 932.10
191A 4 Loin, butt tender, trimmed 6 5,290 890.00 934.49 926.28
193 4 Flank, flank steak (IM) 9 13,778 361.00 396.00 367.47
--------------------------------------------------------------------------------
CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle
--------------------------------------------------------------------------------
124 4 Rib, Back Ribs, Fresh
124 4 Rib, Back Ribs, Frozen 6 4,384 98.50 112.35 108.37
121D 4 Plate, Inside Skirt (IM) 18 27,888 343.00 365.00 349.59
121C 4 Plate, Outside Skirt (IM) 19 49,811 490.00 541.00 502.39
121E 6 Outside Skirt, pld (IM) 12 21,676 665.00 760.60 692.78
Cap, Wedge Meat & (IM) Lean 47 115,974 223.00 242.20 230.24
Pectoral Meat 31 49,336 218.00 250.00 231.98
--------------------------------------------------------------------------------
GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
--------------------------------------------------------------------------------
Ground Beef 73% 46 399,333 159.13 185.50 170.02
Ground Beef 75%
Ground Beef 81% 65 265,422 199.00 225.75 217.75
Ground Beef 85%
Ground Beef 90% 0 0
Ground Beef 93% 40 115,186 250.42 279.50 269.37
Ground Beef Chuck 80% 43 366,249 210.00 226.00 221.61
Ground Beef Round 85% 48 203,468 219.21 232.00 227.38
Ground Beef Sirloin 90%
--------------------------------------------------------------------------------
BLENDED GB - STEER/HEIFER/COW SOURCE - 10 Pound Chub Basis - Coarse & Fine Grind
--------------------------------------------------------------------------------
Blended Ground Beef 73%
Blended Ground Beef 75% 0 0
Blended Ground Beef 81% 5 15,080 209.00 222.00 212.57
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%
--------------------------------------------------------------------------------
BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed
--------------------------------------------------------------------------------
Fresh 50% lean trimmings 11 186,596 72.00 85.00 79.19
Frozen 50% lean trimmings 0 0
--------------------------------------------------------------------------------
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"
--------------------------------------------------------------------------------
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.
--------------------------------------------------------------------------------
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
Related Articles
No matching related articles at this time.
Sponsored Links
- NCBA Op-Ed: EPA’s data sharing incident a debacle
- Cow-calf corner: Review calving season and make improvements
- Feeder cattle review: Feed report neutral to slightly bearish
- Cattle Outlook: Retail choice beef up 9% over past 2 years
- United States Cattle on Feed down 3 percent
- Family contribution takes reward for cattle shooting over $16k
- New school lunch beef recipes win approval from kids, foodservice
- Drier weather to give big boost to U.S. corn plantings
- Prices for corn and soybeans, five years from now
- Agriculture is expected to remain strong in the coming decade
- What sick day? Farmers take just three a year
- Senate Agriculture Committee completes Farm Bill markup
Comments (0) Leave a comment