Advice and Tips

Boxed Beef - Morning

LM_XB402

Des Moines, IA                  Mon, Nov 03, 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:                          251.32         239.19

Change from prior day:                            0.12           0.56

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

Choice/Select spread:                                   12.13



Total Load Count (Cuts, Trimmings, Grinds):                72

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

COMPOSITE PRIMAL VALUES

 Primal Rib                                     362.50         307.88

 Primal Chuck                                   228.29         229.58

 Primal Round                                   235.05         231.06

 Primal Loin                                    297.83         273.95

 Primal Brisket                                 204.31         201.97

 Primal Short Plate                             173.24         173.24

 Primal Flank                                   121.62         115.82

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

LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS

                                                CHOICE         SELECT

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

10/31    56    29    44    21    150            251.20         238.63

10/30    62    39    38    15    153            253.35         239.41

10/29    83    56    18    31    188            253.63         239.77

10/28    43    36    29    28    137            251.56         239.10

10/27    37    28    12    29    107            249.20         235.99

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

Current 5 Day Simple Average:                   251.79         238.58

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

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             35.80  loads          1,431,833  pounds

 Select Cuts             18.53  loads            741,139  pounds

 Trimmings                5.87  loads            234,754  pounds

 Ground Beef             12.17  loads            486,995  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       24      98,031   656.80  766.00  661.31

112A 3  Rib, ribeye, bnls, light          6       4,690   736.34  855.00  781.54

112A 3  Rib, ribeye, bnls, heavy         12      41,380   678.00  825.00  752.71

113C 1  Chuck, semi-bnls, neck/off

114  1  Chuck, shoulder clod

114A 3  Chuck, shoulder clod, trmd

114D 3  Chuck, clod, top blade

114E 3  Chuck, clod, arm roast           15      47,088   347.80  460.00  373.54

114F 5  Chuck, clod tender (IM)           8      22,859   369.79  398.00  378.61

115  1  Chuck, 2-piece, boneless

116A 3  Chuck, roll, lxl, neck/off       23     164,104   331.93  375.60  353.27

116B 1  Chuck, chuck tender (IM)          7      11,318   325.80  341.00  329.32

     3  Chuck roll, retail ready

120  1  Brisket, deckle-off, bnls        12      41,893   311.41  323.00  315.69

120A 3  Brisket, point/off, bnls          7      11,146   545.30  550.00  548.25

123A 3  Short Plate, short rib           20      48,401   525.00  581.25  556.72

130  4  Chuck, short rib                 13      28,443   340.00  390.00  351.90

160  1  Round, bone-in

161  1  Round, boneless

     3  Round, bnls/peeled heel-out

167A 4  Round, knuckle, peeled           22      75,115   314.64  330.00  320.66

168  1  Round, top inside round           7       8,927   271.40  305.69  290.79

168  3  Round, top inside round           9     100,149   295.10  313.00  305.54

169  5  Round, top inside, denuded       18      93,495   323.40  340.60  336.57

     3  Round, top inside, side off       0           0

170  1  Round, bottom gooseneck           0           0

171B 3  Round, outside round             31     125,150   286.50  357.60  331.78

171C 3  Round, eye of round (IM)         29      80,614   355.00  375.00  361.38

174  1  Loin, short loin, 2x3             0           0

174  3  Loin, short loin, 0x1            17     137,504   532.00  547.00  537.42

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           18      83,624   508.18  543.50  518.26

184  1  Loin, top butt, bnls, heavy       6       6,589   335.00  335.00  335.00

184  3  Loin, top butt, boneless         10      35,376   346.98  360.00  350.36

185A 4  Loin, bottom sirloin, flap       12      14,452   434.21  438.40  435.09

185B 1  Loin, ball-tip, bnls, heavy       8       7,998   289.79  335.00  319.36

185C 1  Loin, sirloin, tri-tip (IM)       5      10,250   335.63  361.56  352.04

185D 4  Loin, tri-tip, pld (IM)           6      17,484   460.00  476.00  467.69

189A 4  Loin, tndrloin, trmd, heavy      13      23,213  1205.00 1225.60 1217.39

191A 4  Loin, butt tender, trimmed        8       7,852  1121.50 1235.00 1174.27

193  4  Flank, flank steak (IM)           8      11,680   429.80  458.00  437.27

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

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        3       3,648   517.09  518.33  517.91

112A 3  Rib, ribeye, bnls, light          0           0

112A 3  Rib, ribeye, bnls, heavy          8      26,882   575.00  598.26  588.58

113C 1  Chuck, semi-bnls, neck/off        3       2,316   275.00  294.34  278.92

114  1  Chuck, shoulder clod              0           0

114A 3  Chuck, shoulder clod, trmd        0           0

114D 3  Chuck, clod, top blade            0           0

114E 3  Chuck, clod, arm roast

114F 5  Chuck, clod tender (IM)           4       5,033   364.21  370.00  366.76

115  1  Chuck, 2-piece, boneless          0           0

116A 3  Chuck, roll, lxl, neck/off        5       5,817   340.00  357.10  348.00

116B 1  Chuck, chuck tender (IM)

     3  Chuck roll, retail ready          0           0

120  1  Brisket, deckle-off, bnls         5      16,446   300.00  315.34  304.66

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

123A 3  Short Plate, short rib

130  4  Chuck, short rib

160  1  Round, bone-in

161  1  Round, boneless

     3  Round, bnls/peeled heel-out       0           0

167A 4  Round, knuckle, peeled

168  1  Round, top inside round

168  3  Round, top inside round

169  5  Round, top inside, denuded

     3  Round, top inside, side off       0           0

170  1  Round, bottom gooseneck           0           0

171B 3  Round, outside round              9     239,841   286.50  319.00  294.89

171C 3  Round, eye of round (IM)          4      11,213   355.00  365.09  359.72

174  1  Loin, short loin, 2x3

174  3  Loin, short loin, 0x1             3       3,380   436.34  441.95  437.47

175  3  Loin, strip loin, 1x1             0           0

180  1  Loin, strip, bnls, heavy

     1  Loin, strip loin bnls. 1x1        0           0

180  3  Loin, strip, bnls, 0x1            3       5,243   420.26  460.00  427.20

184  1  Loin, top butt, bnls, heavy

184  3  Loin, top butt, boneless          4      19,012   315.39  322.44  320.94

185A 4  Loin, bottom sirloin, flap (IM)

185B 1  Loin, ball-tip, bnls, heavy

185C 1  Loin, sirloin, tri-tip (IM)

185D 4  Loin, tri-tip, pld (IM)

189A 4  Loin, tndrloin, trmd, heavy

191A 4  Loin, butt tender, trimmed        3       1,713  1114.00 1115.00 1114.66

193  4  Flank, flank steak (IM)           0           0

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

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           10     195,086   105.00  132.00  105.46

121D 4  Plate, Inside Skirt (IM)          8      19,976   371.80  415.00  383.06

121C 4  Plate, Outside Skirt (IM)         5      12,336   550.00  601.00  553.02

121E 6  Outside Skirt, pld (IM)           5      10,090   795.00  860.00  818.19

        Cap, Wedge Meat & (IM) Lean      21      81,214   359.75  376.75  369.21

        Pectoral Meat                    15      43,133   365.52  400.00  372.80

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

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

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

Ground Beef 73%                           8      89,885   235.00  258.00  240.37

Ground Beef 75%                           0           0

Ground Beef 81%                           7      72,874   264.81  286.98  275.44

Ground Beef 85%

Ground Beef 90%                           0           0

Ground Beef 93%                           4      21,446   349.60  354.00  350.12

Ground Beef Chuck 80%                     6      62,678   250.41  295.00  280.92

Ground Beef Round 85%

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%                   0           0

Blended Ground Beef 81%                  13      93,080   262.09  295.00  275.66

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                 13     234,754   117.50  121.55  119.63

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