Advice and Tips

Boxed Beef - Morning

LM_XB402

Des Moines, IA                  Fri, Sep 19, 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:                          244.54         230.64

Change from prior day:                          (0.34)         (1.45)

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

Choice/Select spread:                                   13.90



Total Load Count (Cuts, Trimmings, Grinds):                81

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

COMPOSITE PRIMAL VALUES

 Primal Rib                                     347.63         296.61

 Primal Chuck                                   218.42         216.05

 Primal Round                                   224.76         221.44

 Primal Loin                                    300.35         270.04

 Primal Brisket                                 196.15         196.45

 Primal Short Plate                             171.34         171.34

 Primal Flank                                   126.10         120.07

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

LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS

                                                CHOICE         SELECT

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

09/18    91    47    27    52    216            244.88         232.09

09/17   107    64    27    39    237            245.91         232.32

09/16    78    59    23    21    181            247.64         232.96

09/15    60    51    15    22    148            249.02         233.28

09/12    58    54    36    25    174            249.93         234.54

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

Current 5 Day Simple Average:                   247.48         233.04

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

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             34.98  loads          1,399,381  pounds

 Select Cuts             21.05  loads            841,836  pounds

 Trimmings                8.26  loads            330,324  pounds

 Ground Beef             16.32  loads            652,970  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       11      47,180   600.00  682.82  647.25

112A 3  Rib, ribeye, bnls, light

112A 3  Rib, ribeye, bnls, heavy         12      65,916   682.00  750.55  688.80

113C 1  Chuck, semi-bnls, neck/off

114  1  Chuck, shoulder clod              4       3,565   269.00  290.00  280.66

114A 3  Chuck, shoulder clod, trmd        7      47,064   285.00  300.00  289.31

114D 3  Chuck, clod, top blade

114E 3  Chuck, clod, arm roast            5       4,199   299.54  336.50  324.20

114F 5  Chuck, clod tender (IM)

115  1  Chuck, 2-piece, boneless

116A 3  Chuck, roll, lxl, neck/off        9      12,408   304.00  340.00  328.67

116B 1  Chuck, chuck tender (IM)          6       6,134   296.62  320.00  300.31

     3  Chuck roll, retail ready

120  1  Brisket, deckle-off, bnls        20      94,598   282.00  316.00  298.62

120A 3  Brisket, point/off, bnls          8      17,169   533.00  570.00  541.24

123A 3  Short Plate, short rib

130  4  Chuck, short rib                  6      28,318   311.00  385.50  321.34

160  1  Round, bone-in                    0           0

161  1  Round, boneless

     3  Round, bnls/peeled heel-out       0           0

167A 4  Round, knuckle, peeled           18      59,492   290.00  321.00  306.22

168  1  Round, top inside round          10      24,708   265.00  307.82  275.24

168  3  Round, top inside round           3       8,127   274.00  299.72  276.08

169  5  Round, top inside, denuded        9      56,078   331.00  352.41  333.20

     3  Round, top inside, side off       0           0

170  1  Round, bottom gooseneck

171B 3  Round, outside round             17      59,790   279.00  309.00  292.39

171C 3  Round, eye of round (IM)         14      46,917   293.00  318.00  305.25

174  1  Loin, short loin, 2x3             0           0

174  3  Loin, short loin, 0x1             8      96,502   498.98  550.00  518.06

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           40     332,588   501.00  538.00  508.69

184  1  Loin, top butt, bnls, heavy

184  3  Loin, top butt, boneless         20      94,362   325.00  352.50  346.07

185A 4  Loin, bottom sirloin, flap       11      56,363   432.09  460.00  437.11

185B 1  Loin, ball-tip, bnls, heavy       4      10,324   388.05  397.00  391.57

185C 1  Loin, sirloin, tri-tip (IM)       7       8,218   364.57  388.25  382.71

185D 4  Loin, tri-tip, pld (IM)

189A 4  Loin, tndrloin, trmd, heavy      12      26,264  1214.00 1288.78 1255.84

191A 4  Loin, butt tender, trimmed

193  4  Flank, flank steak (IM)           6       7,325   489.00  489.00  489.00

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

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        4       7,620   499.00  520.00  512.66

112A 3  Rib, ribeye, bnls, light          3      10,785   558.00  585.00  562.62

112A 3  Rib, ribeye, bnls, heavy         14     145,672   525.00  582.17  547.55

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

114  1  Chuck, shoulder clod              3       2,973   274.73  294.57  288.60

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       6,107   365.00  415.00  370.83

115  1  Chuck, 2-piece, boneless          0           0

116A 3  Chuck, roll, lxl, neck/off        8      11,653   310.00  340.00  324.07

116B 1  Chuck, chuck tender (IM)

     3  Chuck roll, retail ready          0           0

120  1  Brisket, deckle-off, bnls         8      81,201   296.04  310.00  297.14

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

123A 3  Short Plate, short rib

130  4  Chuck, short rib                  0           0

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           10     138,477   290.00  316.00  292.35

168  1  Round, top inside round           6       8,741   274.81  283.40  277.37

168  3  Round, top inside round           6      51,152   274.20  286.00  276.80

169  5  Round, top inside, denuded

     3  Round, top inside, side off       0           0

170  1  Round, bottom gooseneck           3       5,877   264.00  292.65  266.70

171B 3  Round, outside round             11      88,685   279.00  320.00  285.96

171C 3  Round, eye of round (IM)         10      26,676   300.00  315.00  308.96

174  1  Loin, short loin, 2x3             0           0

174  3  Loin, short loin, 0x1             4       1,710   427.84  430.00  429.14

175  3  Loin, strip loin, 1x1             0           0

180  1  Loin, strip, bnls, heavy          0           0

     1  Loin, strip loin bnls. 1x1        0           0

180  3  Loin, strip, bnls, 0x1

184  1  Loin, top butt, bnls, heavy

184  3  Loin, top butt, boneless

185A 4  Loin, bottom sirloin, flap        4      13,668   412.25  425.00  413.57

185B 1  Loin, ball-tip, bnls, heavy

185C 1  Loin, sirloin, tri-tip (IM)       4      18,196   353.16  375.00  360.61

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

189A 4  Loin, tndrloin, trmd, heavy       5      10,314  1039.00 1140.00 1057.51

191A 4  Loin, butt tender, trimmed

193  4  Flank, flank steak (IM)           5       6,180   424.81  454.57  426.56

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

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)         29     202,028   348.00  383.41  354.53

121C 4  Plate, Outside Skirt (IM)         6      10,357   575.00  624.50  578.29

121E 6  Outside Skirt, pld (IM)           3       7,611   845.00  900.00  848.58

        Cap, Wedge Meat & (IM) Lean       8      80,990   370.00  380.00  371.80

        Pectoral Meat                     7      22,301   386.16  395.98  391.02

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

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

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

Ground Beef 73%                          12     115,463   232.00  246.00  240.08

Ground Beef 75%

Ground Beef 81%                          21     266,518   224.00  271.00  228.58

Ground Beef 85%                           0           0

Ground Beef 90%                           0           0

Ground Beef 93%

Ground Beef Chuck 80%                    10     125,043   249.00  287.00  270.79

Ground Beef Round 85%                     0           0

Ground Beef Sirloin 90%                   0           0

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

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      37,680   256.15  271.15  261.68

Blended Ground Beef 85%

Blended Ground Beef 90%

Blended Ground Beef 93%                   0           0

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                  8     330,324   108.00  110.51  108.93

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









.

No comments

Add new comment

(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.

Welcome

to our redesigned homepage!

Scroll Down for more stories