Advice and Tips

Boxed Beef - Morning

LM_XB402

Des Moines, IA                  Fri, Jul 25, 2014               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:                          257.30         254.64

Change from prior day:                            1.74           1.80

--------------------------------------------------------------------------------

Choice/Select spread:                                    2.66



Total Load Count (Cuts, Trimmings, Grinds):                53

--------------------------------------------------------------------------------

COMPOSITE PRIMAL VALUES

 Primal Rib                                     343.51         329.02

 Primal Chuck                                   225.78         225.91

 Primal Round                                   241.75         243.54

 Primal Loin                                    319.49         313.22

 Primal Brisket                                 208.66         205.98

 Primal Short Plate                             194.25         194.25

 Primal Flank                                   154.52         154.96

--------------------------------------------------------------------------------

LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS

                                                CHOICE         SELECT

Date  Choice Select Trim Grinds Total           600-900        600-900

07/24    88    41     7    16    152            255.56         252.84

07/23   104    64     9    34    212            252.59         248.71

07/22    79    64    11    32    186            252.80         245.79

07/21    70    48    10    19    147            250.52         244.08

07/18    77    33    23    23    156            248.45         242.65

--------------------------------------------------------------------------------

Current 5 Day Simple Average:                   251.99         246.81

--------------------------------------------------------------------------------

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             28.28  loads          1,131,163  pounds

 Select Cuts             17.40  loads            696,143  pounds

 Trimmings                0.00  loads                  0  pounds

 Ground Beef              6.84  loads            273,738  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        6      23,819   615.00  670.76  648.96

112A 3  Rib, ribeye, bnls, light          7      34,589   670.00  737.00  715.82

112A 3  Rib, ribeye, bnls, heavy         30      79,125   651.73  765.00  709.95

113C 1  Chuck, semi-bnls, neck/off

114  1  Chuck, shoulder clod              4      10,669   260.00  288.50  270.92

114A 3  Chuck, shoulder clod, trmd       13      55,461   253.00  313.00  298.96

114D 3  Chuck, clod, top blade

114E 3  Chuck, clod, arm roast            9      61,564   290.00  320.00  314.65

114F 5  Chuck, clod tender (IM)           4       2,942   496.10  527.07  509.01

115  1  Chuck, 2-piece, boneless          0           0

116A 3  Chuck, roll, lxl, neck/off        8      48,045   322.05  351.00  333.80

116B 1  Chuck, chuck tender (IM)          8      11,507   280.00  322.00  309.82

     3  Chuck roll, retail ready

120  1  Brisket, deckle-off, bnls        28      91,139   296.00  331.00  316.18

120A 3  Brisket, point/off, bnls         11      10,501   550.00  580.00  564.08

123A 3  Short Plate, short rib            7      19,523   528.45  580.00  554.37

130  4  Chuck, short rib                 13      29,470   338.00  385.50  362.71

160  1  Round, bone-in

161  1  Round, boneless                   0           0

     3  Round, bnls/peeled heel-out       0           0

167A 4  Round, knuckle, peeled           18      72,823   312.00  376.00  340.87

168  1  Round, top inside round           3       7,431   290.00  348.00  333.34

168  3  Round, top inside round           8      36,366   307.00  354.80  348.08

169  5  Round, top inside, denuded        3       3,902   330.00  381.00  363.07

     3  Round, top inside, side off

170  1  Round, bottom gooseneck           4       4,176   281.00  297.50  290.61

171B 3  Round, outside round             16      52,459   299.00  333.50  310.81

171C 3  Round, eye of round (IM)         16      45,265   288.00  329.00  305.48

174  1  Loin, short loin, 2x3

174  3  Loin, short loin, 0x1            12      15,931   550.00  644.22  592.59

175  3  Loin, strip loin, 1x1

180  1  Loin, strip, bnls, heavy          0           0

     1  Loin, strip loin bnls. 1x1        6       2,916   575.00  641.00  603.53

180  3  Loin, strip, bnls, 0x1           28      95,518   624.00  684.20  655.65

184  1  Loin, top butt, bnls, heavy       7       5,762   365.00  404.45  373.27

184  3  Loin, top butt, boneless         14      36,719   391.00  440.00  408.16

185A 4  Loin, bottom sirloin, flap       17      60,542   466.95  480.00  475.21

185B 1  Loin, ball-tip, bnls, heavy       6      13,989   310.00  351.50  333.70

185C 1  Loin, sirloin, tri-tip (IM)       5       5,286   397.50  420.00  409.15

185D 4  Loin, tri-tip, pld (IM)           8       6,356   542.45  563.20  557.45

189A 4  Loin, tndrloin, trmd, heavy      15      19,767  1013.00 1081.50 1021.76

191A 4  Loin, butt tender, trimmed

193  4  Flank, flank steak (IM)           3       1,949   602.50  620.28  607.01

--------------------------------------------------------------------------------

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

112A 3  Rib, ribeye, bnls, light          4      77,482   644.20  678.00  645.57

112A 3  Rib, ribeye, bnls, heavy          9      36,575   637.00  673.75  649.71

113C 1  Chuck, semi-bnls, neck/off        0           0

114  1  Chuck, shoulder clod

114A 3  Chuck, shoulder clod, trmd

114D 3  Chuck, clod, top blade            0           0

114E 3  Chuck, clod, arm roast

114F 5  Chuck, clod tender (IM)           5      30,362   550.00  560.51  559.67

115  1  Chuck, 2-piece, boneless

116A 3  Chuck, roll, lxl, neck/off        7      10,041   300.00  345.00  304.61

116B 1  Chuck, chuck tender (IM)          3       4,400   308.00  331.00  320.88

     3  Chuck roll, retail ready          0           0

120  1  Brisket, deckle-off, bnls         5      28,993   285.00  314.36  306.01

120A 3  Brisket, point/off, bnls          0           0

123A 3  Short Plate, short rib            5      12,077   494.00  555.00  522.10

130  4  Chuck, short rib

160  1  Round, bone-in                    0           0

161  1  Round, boneless                   0           0

     3  Round, bnls/peeled heel-out       0           0

167A 4  Round, knuckle, peeled

168  1  Round, top inside round           3       4,983   308.00  334.00  317.06

168  3  Round, top inside round           4       6,686   342.00  346.00  343.25

169  5  Round, top inside, denuded        0           0

     3  Round, top inside, side off       0           0

170  1  Round, bottom gooseneck

171B 3  Round, outside round              3       9,339   319.36  333.50  330.00

171C 3  Round, eye of round (IM)          7      24,269   277.11  329.80  315.69

174  1  Loin, short loin, 2x3             0           0

174  3  Loin, short loin, 0x1             0           0

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            5       6,480   580.00  671.00  604.67

184  1  Loin, top butt, bnls, heavy       3      16,209   370.07  399.65  372.39

184  3  Loin, top butt, boneless

185A 4  Loin, bottom sirloin, flap       11     234,233   450.63  486.50  457.86

185B 1  Loin, ball-tip, bnls, heavy       4       4,635   330.22  340.00  335.71

185C 1  Loin, sirloin, tri-tip (IM)       4      13,682   353.00  390.00  361.27

185D 4  Loin, tri-tip, pld (IM)           0           0

189A 4  Loin, tndrloin, trmd, heavy      11      15,509   960.00 1062.00  992.99

191A 4  Loin, butt tender, trimmed        0           0

193  4  Flank, flank steak (IM)

--------------------------------------------------------------------------------

CHOICE, SELECT & UNGRADED CUTS   Fat Limitations 1-6  (IM) = Individual Muscle

--------------------------------------------------------------------------------

124  4  Rib, Back Ribs, Fresh             0           0

124  4  Rib, Back Ribs, Frozen

121D 4  Plate, Inside Skirt (IM)         11      68,912   443.00  480.00  447.88

121C 4  Plate, Outside Skirt (IM)         3       7,119   580.00  667.00  583.92

121E 6  Outside Skirt, pld (IM)           3       1,719   838.00  940.00  869.82

        Cap, Wedge Meat & (IM) Lean      24      54,222   300.00  347.00  336.40

        Pectoral Meat                     9      24,639   310.00  365.00  341.82

--------------------------------------------------------------------------------

GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind

--------------------------------------------------------------------------------

Ground Beef 73%                           8      81,516   210.00  261.00  216.85

Ground Beef 75%                           0           0

Ground Beef 81%                           4      35,034   269.00  285.00  270.87

Ground Beef 85%                           0           0

Ground Beef 90%

Ground Beef 93%

Ground Beef Chuck 80%

Ground Beef Round 85%                     3       1,523   315.00  316.00  315.20

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%

Blended Ground Beef 81%                   6      35,520   250.60  276.25  263.62

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                  0           0

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









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