LM_XB403
Des Moines, IA Thu, Apr 05, 2012 USDA Market News
NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Afternoon
USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 1:30pm
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.
Boxed beef cutout values sharply lower on moderate demand and heavy offerings.
Select and Choice rib, chuck, round and loin cuts lower. Beef trimmings lower
on fairly good demand and heavy offerings.
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 178.51 176.66
Change from prior day: (2.13) (1.71)
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Choice/Select spread: 1.85
Total Load Count (Cuts, Trimmings, Grinds): 281
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COMPOSITE PRIMAL VALUES
Primal Rib 264.95 253.73
Primal Chuck 140.05 141.07
Primal Round 156.27 155.22
Primal Loin 253.55 249.94
Primal Brisket 124.62 124.45
Primal Short Plate 122.82 126.46
Primal Flank 100.23 96.35
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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
04/04 118 74 25 49 266 180.64 178.37
04/03 97 44 15 26 182 183.09 180.91
04/02 79 49 21 26 174 184.10 182.35
03/30 88 36 16 21 161 183.37 182.40
03/29 81 43 34 21 179 183.46 183.12
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Current 5 Day Simple Average: 182.93 181.43
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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 137.66 loads 5,506,302 pounds
Select Cuts 68.02 loads 2,720,681 pounds
Trimmings 40.01 loads 1,600,575 pounds
Ground Beef 35.56 loads 1,422,240 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 30 45,618 546.00 589.75 564.63
112A 3 Rib, ribeye, bnls, light 18 98,635 572.42 635.00 586.28
112A 3 Rib, ribeye, bnls, heavy 51 171,762 565.00 635.60 586.67
113C 1 Chuck, semi-bnls, neck/off 14 77,580 172.00 196.75 179.88
114 1 Chuck, shoulder clod 10 30,681 176.00 191.00 182.47
114A 3 Chuck, shoulder clod, trmd 42 387,637 182.00 203.63 187.38
114D 3 Chuck, clod, top blade 8 15,763 245.17 260.00 252.46
114E 3 Chuck, clod, arm roast 11 58,522 205.50 249.91 210.81
114F 5 Chuck, clod tender (IM) 11 11,171 309.89 410.00 342.62
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 89 1,290,390 185.00 211.00 190.41
116B 1 Chuck, chuck tender (IM) 27 151,572 200.00 224.00 209.48
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 55 256,244 182.42 208.50 188.77
120A 3 Brisket, point/off, bnls 13 8,312 325.00 345.00 328.51
123A 3 Short Plate, short rib 13 9,409 295.00 376.00 341.64
130 4 Chuck, short rib 26 72,705 181.00 280.00 195.23
160 1 Round, bone-in 4 4,191 200.00 214.71 206.59
161 1 Round, boneless 4 3,628 209.00 220.00 210.71
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 48 205,612 203.00 234.75 213.51
168 1 Round, top inside round 15 40,705 190.00 203.00 198.97
168 3 Round, top inside round 36 146,433 195.93 217.63 208.22
169 5 Round, top inside, denuded 8 11,640 230.00 248.00 239.98
3 Round, top inside, side off
170 1 Round, bottom gooseneck 12 48,027 181.00 210.00 183.24
171B 3 Round, outside round 53 361,508 183.79 207.00 188.32
171C 3 Round, eye of round (IM) 57 281,433 200.00 221.30 205.90
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 39 352,327 502.02 545.00 524.12
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1 10 9,030 435.00 479.00 460.63
180 3 Loin, strip, bnls, 0x1 38 152,505 502.13 550.00 516.53
184 1 Loin, top butt, bnls, heavy 12 9,814 285.00 301.00 292.58
184 3 Loin, top butt, boneless 36 156,874 295.00 326.00 308.05
185A 4 Loin, bottom sirloin, flap 52 447,426 364.00 386.79 368.65
185B 1 Loin, ball-tip, bnls, heavy 23 92,816 225.00 276.00 243.98
185C 1 Loin, sirloin, tri-tip (IM) 24 114,571 287.00 342.00 315.66
185D 4 Loin, tri-tip, pld (IM) 9 12,298 421.00 472.63 452.57
189A 4 Loin, tndrloin, trmd, heavy 36 85,964 900.00 976.63 925.65
191A 4 Loin, butt tender, trimmed 4 2,152 888.79 925.00 897.98
193 4 Flank, flank steak (IM) 14 21,497 380.00 475.00 396.87
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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 19 22,823 530.80 556.50 536.96
112A 3 Rib, ribeye, bnls, light 6 54,880 525.00 595.00 526.71
112A 3 Rib, ribeye, bnls, heavy 27 71,559 525.00 619.50 554.21
113C 1 Chuck, semi-bnls, neck/off 15 27,771 185.00 212.00 191.69
114 1 Chuck, shoulder clod 16 72,104 170.26 194.00 179.38
114A 3 Chuck, shoulder clod, trmd 26 202,939 185.00 203.50 187.91
114D 3 Chuck, clod, top blade 0 0
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender (IM) 5 1,613 310.50 410.00 322.64
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 57 513,088 184.00 206.00 192.14
116B 1 Chuck, chuck tender (IM) 8 7,668 206.00 222.00 211.37
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 17 100,022 184.76 197.50 187.42
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib 3 8,807 277.74 355.00 302.87
130 4 Chuck, short rib 9 38,200 185.00 231.79 187.56
160 1 Round, bone-in
161 1 Round, boneless 7 9,293 200.00 216.00 209.64
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 21 141,319 209.00 230.00 211.93
168 1 Round, top inside round 13 45,408 185.79 205.00 197.07
168 3 Round, top inside round 19 44,483 194.00 219.50 200.28
169 5 Round, top inside, denuded 16 28,621 235.00 245.00 239.61
3 Round, top inside, side off
170 1 Round, bottom gooseneck 5 7,340 187.00 210.00 198.21
171B 3 Round, outside round 13 23,315 188.22 208.61 198.72
171C 3 Round, eye of round (IM) 22 47,124 200.25 223.00 205.27
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 12 4,031 482.02 545.00 515.21
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 19 62,378 444.41 535.50 480.65
184 1 Loin, top butt, bnls, heavy 7 8,989 272.02 291.79 288.26
184 3 Loin, top butt, boneless 33 75,151 290.00 328.50 301.48
185A 4 Loin, bottom sirloin, flap 9 94,402 366.50 384.40 370.02
185B 1 Loin, ball-tip, bnls, heavy 15 185,782 225.00 270.00 240.12
185C 1 Loin, sirloin, tri-tip (IM) 16 50,989 287.00 339.90 298.52
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 20 34,623 900.00 961.63 912.13
191A 4 Loin, butt tender, trimmed 6 19,528 854.48 867.42 858.95
193 4 Flank, flank steak (IM) 6 8,324 394.00 410.00 401.76
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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 23 87,546 94.46 130.00 98.98
121D 4 Plate, Inside Skirt (IM) 62 432,048 346.25 400.00 348.42
121C 4 Plate, Outside Skirt (IM) 21 48,272 490.00 561.70 510.06
121E 6 Outside Skirt, pld (IM) 7 12,006 720.00 819.00 751.73
Cap, Wedge Meat & (IM) Lean 29 61,486 231.71 246.00 239.24
Pectoral Meat 25 41,605 223.00 253.29 233.44
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 31 254,471 138.00 177.00 158.56
Ground Beef 75%
Ground Beef 81% 42 409,011 159.00 194.50 167.84
Ground Beef 85%
Ground Beef 90%
Ground Beef 93% 16 65,930 239.00 264.50 247.57
Ground Beef Chuck 80% 23 152,113 160.60 192.00 173.26
Ground Beef Round 85% 7 103,601 208.00 222.40 216.18
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% 7 12,358 189.00 212.50 198.34
Blended Ground Beef 85%
Blended Ground Beef 90%
Blended Ground Beef 93%
Blended Ground Beef Chuck 80%
Blended Ground Beef Round 85%
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 36 1,171,275 45.00 70.00 54.80
Frozen 50% lean trimmings
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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
1500C
.
Boxed Beef - Afternoon
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