LM_XB403
Des Moines, IA Thu, Apr 12, 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 weak to lower on light to moderate demand and moderate
to heavy offerings. Select and Choice chuck and rounds steady to firm, while
rib and loins weak to lower. Beef trimmings weak on light to moderate demand
and offerings.
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 176.70 176.76
Change from prior day: (0.36) (0.92)
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Choice/Select spread: (0.06)
Total Load Count (Cuts, Trimmings, Grinds): 228
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COMPOSITE PRIMAL VALUES
Primal Rib 256.86 250.62
Primal Chuck 143.67 145.50
Primal Round 153.73 153.03
Primal Loin 249.11 249.55
Primal Brisket 119.70 119.82
Primal Short Plate 122.56 127.07
Primal Flank 94.61 93.45
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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
04/11 144 77 91 51 364 177.06 177.68
04/10 140 68 10 39 258 178.08 177.35
04/09 72 27 47 25 171 178.61 176.88
04/06 74 45 14 21 155 177.61 175.30
04/05 138 68 40 36 281 178.51 176.66
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Current 5 Day Simple Average: 177.98 176.77
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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 113.28 loads 4,531,063 pounds
Select Cuts 68.63 loads 2,745,022 pounds
Trimmings 16.44 loads 657,566 pounds
Ground Beef 29.56 loads 1,182,490 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 21 47,689 508.00 571.00 521.93
112A 3 Rib, ribeye, bnls, light 21 131,815 550.00 630.00 564.56
112A 3 Rib, ribeye, bnls, heavy 65 251,587 556.00 625.00 574.70
113C 1 Chuck, semi-bnls, neck/off 8 17,990 182.25 199.00 185.97
114 1 Chuck, shoulder clod 25 74,551 175.00 184.00 179.70
114A 3 Chuck, shoulder clod, trmd 48 309,933 178.23 195.00 185.73
114D 3 Chuck, clod, top blade 6 4,636 241.25 260.63 248.64
114E 3 Chuck, clod, arm roast 8 14,715 205.00 249.91 224.61
114F 5 Chuck, clod tender (IM) 9 12,139 310.00 410.00 348.15
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 86 597,995 189.80 208.00 196.69
116B 1 Chuck, chuck tender (IM) 36 156,876 187.00 214.51 203.38
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 58 127,626 175.00 199.00 185.43
120A 3 Brisket, point/off, bnls 18 20,185 293.00 340.00 308.81
123A 3 Short Plate, short rib 28 29,731 268.74 360.00 323.66
130 4 Chuck, short rib 38 108,336 178.00 221.79 192.49
160 1 Round, bone-in 6 12,582 193.00 204.00 195.49
161 1 Round, boneless 4 4,305 200.00 209.95 203.68
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 66 229,425 195.00 229.75 208.91
168 1 Round, top inside round 40 113,736 183.00 205.00 198.97
168 3 Round, top inside round 37 301,112 195.23 217.63 209.08
169 5 Round, top inside, denuded 12 21,129 231.00 248.00 243.54
3 Round, top inside, side off
170 1 Round, bottom gooseneck 6 18,727 178.25 205.00 191.73
171B 3 Round, outside round 42 272,469 174.63 192.00 182.96
171C 3 Round, eye of round (IM) 30 104,144 198.25 221.30 204.61
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 24 28,657 508.00 552.00 528.79
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy
1 Loin, strip loin bnls. 1x1 16 26,479 437.75 483.00 466.08
180 3 Loin, strip, bnls, 0x1 55 113,999 499.02 553.00 518.47
184 1 Loin, top butt, bnls, heavy 27 220,517 265.75 305.00 268.33
184 3 Loin, top butt, boneless 21 89,602 310.00 336.00 313.06
185A 4 Loin, bottom sirloin, flap 63 376,592 363.05 396.00 385.75
185B 1 Loin, ball-tip, bnls, heavy 32 177,991 218.42 261.00 229.93
185C 1 Loin, sirloin, tri-tip (IM) 15 22,210 290.42 335.00 303.53
185D 4 Loin, tri-tip, pld (IM) 7 2,617 411.00 456.00 441.98
189A 4 Loin, tndrloin, trmd, heavy 61 202,613 879.76 970.00 891.56
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM) 24 39,936 340.00 439.00 371.22
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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 12 14,111 506.50 545.50 522.15
112A 3 Rib, ribeye, bnls, light 12 144,755 517.00 585.00 520.94
112A 3 Rib, ribeye, bnls, heavy 30 101,212 518.40 602.00 559.35
113C 1 Chuck, semi-bnls, neck/off 10 31,253 179.00 200.50 187.50
114 1 Chuck, shoulder clod 13 80,979 172.72 193.00 176.97
114A 3 Chuck, shoulder clod, trmd 20 51,735 185.51 200.50 190.41
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender (IM) 12 87,293 311.00 330.00 315.11
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 42 294,048 189.50 206.00 197.91
116B 1 Chuck, chuck tender (IM) 14 57,629 187.00 210.00 202.32
3 Chuck roll, retail ready 0 0
120 1 Brisket, deckle-off, bnls 27 191,983 180.00 195.00 182.75
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib
130 4 Chuck, short rib 16 180,043 177.00 215.79 180.62
160 1 Round, bone-in
161 1 Round, boneless 5 3,252 186.40 205.00 199.96
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 28 140,599 195.00 223.00 208.49
168 1 Round, top inside round 8 27,329 192.50 204.15 199.09
168 3 Round, top inside round 22 60,127 195.00 215.00 206.25
169 5 Round, top inside, denuded 9 5,088 232.50 250.00 241.76
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck 8 16,077 180.79 210.00 194.80
171B 3 Round, outside round 17 104,490 170.40 192.00 179.26
171C 3 Round, eye of round (IM) 20 62,425 201.00 216.00 203.61
174 1 Loin, short loin, 2x3 0 0
174 3 Loin, short loin, 0x1 17 79,580 480.00 545.00 487.76
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 21 121,281 454.02 535.00 490.01
184 1 Loin, top butt, bnls, heavy 9 56,845 280.79 315.00 286.24
184 3 Loin, top butt, boneless 17 90,355 283.00 325.00 290.39
185A 4 Loin, bottom sirloin, flap 22 79,682 362.95 400.00 380.48
185B 1 Loin, ball-tip, bnls, heavy 16 87,919 218.42 250.50 226.16
185C 1 Loin, sirloin, tri-tip (IM) 11 15,522 285.42 325.00 297.57
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 11 51,381 885.00 934.00 897.44
191A 4 Loin, butt tender, trimmed 0 0
193 4 Flank, flank steak (IM) 16 36,978 340.00 401.00 369.79
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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 18 49,327 87.63 130.60 93.11
121D 4 Plate, Inside Skirt (IM) 31 82,765 335.00 375.00 351.93
121C 4 Plate, Outside Skirt (IM) 19 28,955 494.31 552.00 538.16
121E 6 Outside Skirt, pld (IM) 7 7,041 663.00 797.00 703.76
Cap, Wedge Meat & (IM) Lean 47 232,021 229.00 247.50 237.34
Pectoral Meat 25 69,805 218.00 255.00 224.05
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 24 333,855 152.00 176.00 162.41
Ground Beef 75%
Ground Beef 81% 42 154,573 170.60 197.00 183.53
Ground Beef 85%
Ground Beef 90% 0 0
Ground Beef 93% 10 69,028 250.00 267.50 261.35
Ground Beef Chuck 80% 15 117,625 182.00 200.00 189.43
Ground Beef Round 85% 9 68,111 195.80 224.40 216.45
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% 5 11,080 194.00 209.70 199.36
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 22 556,266 45.00 65.00 50.72
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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