LM_XB403
Des Moines, IA Fri, Apr 13, 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 firm to higher on moderate demand and offerings. Select
and Choice chuck, round and loin cuts firm while rib items steady to weak.
Beef trimmings higher on moderate to fairly good demand and moderate offerings.
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 178.51 177.33
Change from prior day: 1.81 0.57
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Choice/Select spread: 1.18
Total Load Count (Cuts, Trimmings, Grinds): 172
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COMPOSITE PRIMAL VALUES
Primal Rib 258.28 246.96
Primal Chuck 145.90 147.08
Primal Round 155.14 154.69
Primal Loin 251.68 249.99
Primal Brisket 121.98 120.02
Primal Short Plate 123.22 127.64
Primal Flank 93.70 93.41
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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
04/12 113 69 16 30 228 176.70 176.76
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
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Current 5 Day Simple Average: 177.61 176.79
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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 75.26 loads 3,010,207 pounds
Select Cuts 57.35 loads 2,293,813 pounds
Trimmings 23.35 loads 934,043 pounds
Ground Beef 15.95 loads 638,056 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 38 350,165 497.00 563.00 503.75
112A 3 Rib, ribeye, bnls, light 10 21,689 555.00 621.00 602.34
112A 3 Rib, ribeye, bnls, heavy 41 129,260 555.00 603.74 577.43
113C 1 Chuck, semi-bnls, neck/off 6 27,102 191.10 205.00 191.67
114 1 Chuck, shoulder clod 11 73,053 175.79 188.00 180.86
114A 3 Chuck, shoulder clod, trmd 30 173,620 183.89 204.00 194.91
114D 3 Chuck, clod, top blade 5 10,858 215.00 256.50 244.39
114E 3 Chuck, clod, arm roast 9 24,821 204.05 240.50 213.66
114F 5 Chuck, clod tender (IM) 14 28,703 315.00 410.00 322.21
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 25 75,721 198.00 219.00 204.84
116B 1 Chuck, chuck tender (IM) 24 69,473 200.63 220.00 207.75
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 37 208,281 180.00 198.00 186.03
120A 3 Brisket, point/off, bnls 5 15,465 307.00 326.00 312.14
123A 3 Short Plate, short rib 19 49,848 204.00 366.00 288.98
130 4 Chuck, short rib 19 84,829 177.00 225.00 186.49
160 1 Round, bone-in 4 2,114 197.00 210.71 208.13
161 1 Round, boneless 3 1,921 205.00 215.65 209.31
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 44 160,799 200.00 229.75 211.33
168 1 Round, top inside round 19 71,622 191.50 205.00 198.36
168 3 Round, top inside round 28 102,585 195.00 219.00 207.19
169 5 Round, top inside, denuded 10 47,238 235.52 248.00 241.20
3 Round, top inside, side off
170 1 Round, bottom gooseneck
171B 3 Round, outside round 29 160,060 177.00 201.50 192.18
171C 3 Round, eye of round (IM) 32 157,597 199.00 217.35 203.46
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 9 26,658 523.00 545.00 529.92
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1 8 27,298 465.00 481.00 466.51
180 3 Loin, strip, bnls, 0x1 28 97,737 486.58 560.00 521.92
184 1 Loin, top butt, bnls, heavy 8 32,189 287.89 310.00 294.99
184 3 Loin, top butt, boneless 35 212,316 286.58 337.00 309.75
185A 4 Loin, bottom sirloin, flap 24 47,445 371.25 405.00 385.81
185B 1 Loin, ball-tip, bnls, heavy 18 98,846 220.00 240.00 229.84
185C 1 Loin, sirloin, tri-tip (IM) 18 35,042 296.00 336.79 310.44
185D 4 Loin, tri-tip, pld (IM) 7 5,838 415.00 463.74 423.08
189A 4 Loin, tndrloin, trmd, heavy 35 134,357 875.00 1056.00 910.54
191A 4 Loin, butt tender, trimmed 7 14,321 860.00 989.75 877.55
193 4 Flank, flank steak (IM) 18 20,535 350.00 425.00 379.17
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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 13 23,508 489.50 535.50 511.36
112A 3 Rib, ribeye, bnls, light 3 9,881 525.00 585.00 526.10
112A 3 Rib, ribeye, bnls, heavy 20 34,399 556.79 602.00 573.02
113C 1 Chuck, semi-bnls, neck/off 7 16,147 183.00 199.00 188.94
114 1 Chuck, shoulder clod 12 55,258 172.79 190.74 175.53
114A 3 Chuck, shoulder clod, trmd 15 119,785 182.79 201.00 192.10
114D 3 Chuck, clod, top blade 0 0
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender (IM) 10 14,381 309.50 410.00 350.89
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 28 199,138 194.00 213.00 203.25
116B 1 Chuck, chuck tender (IM) 10 63,441 201.00 216.00 206.50
3 Chuck roll, retail ready 0 0
120 1 Brisket, deckle-off, bnls 23 381,668 181.00 195.65 181.82
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib 7 14,048 204.00 345.00 252.08
130 4 Chuck, short rib 15 69,406 177.00 244.00 183.10
160 1 Round, bone-in
161 1 Round, boneless
3 Round, bnls/peeled heel-out 0 0
167A 4 Round, knuckle, peeled 11 46,505 204.00 215.00 207.55
168 1 Round, top inside round 8 17,504 190.00 204.88 196.20
168 3 Round, top inside round 12 33,576 202.00 213.00 207.06
169 5 Round, top inside, denuded 4 4,498 231.79 250.00 237.70
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck 4 1,790 196.79 210.00 205.23
171B 3 Round, outside round 14 115,372 179.88 199.00 193.64
171C 3 Round, eye of round (IM) 11 52,484 197.00 216.00 204.75
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 9 38,849 491.12 545.00 497.91
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy
1 Loin, strip loin bnls. 1x1
180 3 Loin, strip, bnls, 0x1 9 29,887 475.00 526.00 495.01
184 1 Loin, top butt, bnls, heavy 24 370,774 271.79 306.71 295.17
184 3 Loin, top butt, boneless 15 12,096 300.79 325.00 312.23
185A 4 Loin, bottom sirloin, flap 6 59,390 380.00 405.65 399.73
185B 1 Loin, ball-tip, bnls, heavy 13 107,143 220.00 249.50 221.06
185C 1 Loin, sirloin, tri-tip (IM) 4 19,946 282.00 323.21 289.73
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 15 93,578 875.00 933.00 899.21
191A 4 Loin, butt tender, trimmed 3 1,568 890.00 906.42 896.55
193 4 Flank, flank steak (IM) 5 6,297 370.00 401.79 384.24
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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 9 52,542 92.00 125.00 103.72
121D 4 Plate, Inside Skirt (IM) 21 63,056 341.00 375.00 353.99
121C 4 Plate, Outside Skirt (IM) 10 20,591 493.00 552.00 516.01
121E 6 Outside Skirt, pld (IM) 5 3,564 680.00 768.00 730.89
Cap, Wedge Meat & (IM) Lean 37 160,839 223.00 245.00 234.66
Pectoral Meat 18 52,844 220.00 255.00 225.05
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 11 132,206 155.07 174.00 160.57
Ground Beef 75%
Ground Beef 81% 29 102,599 173.80 202.00 187.84
Ground Beef 85%
Ground Beef 90% 0 0
Ground Beef 93% 7 30,876 252.50 268.50 258.79
Ground Beef Chuck 80% 16 73,095 170.00 197.00 192.01
Ground Beef Round 85%
Ground Beef Sirloin 90% 0 0
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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 61,355 189.25 202.24 194.42
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% 0 0
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BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed
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Fresh 50% lean trimmings 23 836,863 51.00 63.00 55.62
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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