LM_XB402
Des Moines, IA Fri, Apr 06, 2012 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
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Current Cutout Values: 177.41 174.98
Change from prior day: (1.10) (1.68)
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Choice/Select spread: 2.44
Total Load Count (Cuts, Trimmings, Grinds): 94
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COMPOSITE PRIMAL VALUES
Primal Rib 262.64 249.71
Primal Chuck 139.03 139.48
Primal Round 155.41 155.60
Primal Loin 252.76 246.39
Primal Brisket 123.16 122.26
Primal Short Plate 122.62 126.32
Primal Flank 97.69 97.17
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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
04/05 138 68 40 36 281 178.51 176.66
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
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Current 5 Day Simple Average: 181.94 180.14
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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 42.17 loads 1,686,610 pounds
Select Cuts 26.21 loads 1,048,525 pounds
Trimmings 8.50 loads 340,172 pounds
Ground Beef 17.13 loads 685,256 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 18 33,550 520.26 572.00 550.52
112A 3 Rib, ribeye, bnls, light 9 118,363 560.70 642.00 576.60
112A 3 Rib, ribeye, bnls, heavy 32 110,060 558.00 642.00 581.33
113C 1 Chuck, semi-bnls, neck/off 7 19,179 176.00 199.50 182.76
114 1 Chuck, shoulder clod 4 21,584 176.00 185.00 177.83
114A 3 Chuck, shoulder clod, trmd 18 96,862 182.00 197.50 188.34
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast 7 10,200 218.15 243.50 225.71
114F 5 Chuck, clod tender (IM) 10 8,781 309.89 410.00 331.11
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 30 72,729 189.20 213.00 197.15
116B 1 Chuck, chuck tender (IM) 20 101,298 203.00 223.00 205.49
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 12 55,820 184.00 201.50 186.05
120A 3 Brisket, point/off, bnls 7 1,971 325.00 352.00 341.42
123A 3 Short Plate, short rib 4 6,120 341.89 373.00 366.54
130 4 Chuck, short rib 12 26,211 185.00 226.89 192.66
160 1 Round, bone-in
161 1 Round, boneless 3 16,687 205.00 211.00 205.14
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 24 117,556 206.50 234.89 215.47
168 1 Round, top inside round 10 43,894 191.50 204.00 201.76
168 3 Round, top inside round 12 76,814 192.00 222.00 199.47
169 5 Round, top inside, denuded 5 7,144 248.00 251.76 248.14
3 Round, top inside, side off
170 1 Round, bottom gooseneck 5 13,791 186.00 210.00 190.77
171B 3 Round, outside round 32 163,106 180.75 212.00 185.32
171C 3 Round, eye of round (IM) 22 70,812 203.00 221.00 209.25
174 1 Loin, short loin, 2x3 0 0
174 3 Loin, short loin, 0x1 8 36,298 514.83 542.00 516.51
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1 8 6,898 450.00 466.50 451.00
180 3 Loin, strip, bnls, 0x1 16 109,247 484.21 537.00 499.01
184 1 Loin, top butt, bnls, heavy
184 3 Loin, top butt, boneless 11 41,210 299.87 330.00 303.09
185A 4 Loin, bottom sirloin, flap 18 56,716 364.00 391.00 370.39
185B 1 Loin, ball-tip, bnls, heavy 10 10,160 255.00 281.42 264.98
185C 1 Loin, sirloin, tri-tip (IM) 9 25,614 300.00 330.00 324.46
185D 4 Loin, tri-tip, pld (IM) 5 1,051 411.00 450.00 419.26
189A 4 Loin, tndrloin, trmd, heavy 17 46,714 915.00 995.02 929.50
191A 4 Loin, butt tender, trimmed 0 0
193 4 Flank, flank steak (IM) 5 1,851 400.50 435.50 425.05
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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 7 8,760 500.26 549.00 517.17
112A 3 Rib, ribeye, bnls, light
112A 3 Rib, ribeye, bnls, heavy 13 44,664 525.00 622.00 553.10
113C 1 Chuck, semi-bnls, neck/off 4 10,571 175.00 198.00 179.36
114 1 Chuck, shoulder clod 9 40,168 177.00 193.58 180.16
114A 3 Chuck, shoulder clod, trmd 10 30,559 185.00 202.58 187.73
114D 3 Chuck, clod, top blade 0 0
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender (IM) 3 1,791 311.50 410.00 374.08
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 10 30,290 192.00 201.75 198.87
116B 1 Chuck, chuck tender (IM) 9 86,682 201.00 221.00 203.60
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 6 44,316 184.00 194.25 184.73
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib 6 13,292 245.00 345.00 271.05
130 4 Chuck, short rib 3 3,699 201.00 211.00 207.63
160 1 Round, bone-in
161 1 Round, boneless 3 6,183 201.00 212.00 202.44
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 8 13,563 212.00 233.58 217.00
168 1 Round, top inside round 7 16,439 192.23 204.00 195.15
168 3 Round, top inside round 12 71,125 196.00 213.00 200.38
169 5 Round, top inside, denuded 7 25,776 234.00 245.00 239.51
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck
171B 3 Round, outside round 5 24,166 188.00 203.76 194.04
171C 3 Round, eye of round (IM) 8 6,841 206.00 225.00 214.02
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 7 91,051 459.83 525.58 467.61
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 8 11,036 457.18 539.82 481.68
184 1 Loin, top butt, bnls, heavy 5 3,994 290.00 302.00 293.11
184 3 Loin, top butt, boneless 5 1,891 310.00 320.00 313.12
185A 4 Loin, bottom sirloin, flap 18 239,958 364.00 391.00 365.41
185B 1 Loin, ball-tip, bnls, heavy 3 2,935 260.00 295.58 261.84
185C 1 Loin, sirloin, tri-tip (IM) 3 4,536 310.00 338.00 315.19
185D 4 Loin, tri-tip, pld (IM) 0 0
189A 4 Loin, tndrloin, trmd, heavy 6 3,422 915.00 946.89 921.22
191A 4 Loin, butt tender, trimmed 0 0
193 4 Flank, flank steak (IM)
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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 5 4,073 98.62 115.58 105.50
121D 4 Plate, Inside Skirt (IM) 11 66,457 346.58 365.00 350.35
121C 4 Plate, Outside Skirt (IM) 5 21,758 484.00 516.50 490.69
121E 6 Outside Skirt, pld (IM) 3 3,294 755.00 755.00 755.00
Cap, Wedge Meat & (IM) Lean 31 145,696 227.00 250.00 237.10
Pectoral Meat 10 35,357 220.00 257.00 223.77
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 28 305,392 150.00 168.00 158.95
Ground Beef 75%
Ground Beef 81% 14 31,636 159.00 187.58 173.59
Ground Beef 85%
Ground Beef 90% 0 0
Ground Beef 93% 8 26,762 241.00 256.50 242.38
Ground Beef Chuck 80% 19 143,095 166.40 180.00 177.02
Ground Beef Round 85% 7 33,536 203.42 217.00 213.70
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% 6 55,412 189.00 208.00 200.15
Blended Ground Beef 85%
Blended Ground Beef 90% 0 0
Blended Ground Beef 93%
Blended Ground Beef Chuck 80%
Blended Ground Beef Round 85% 0 0
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 11 340,172 50.00 68.50 61.19
Frozen 50% lean trimmings 0 0
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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
1100C
.
Boxed Beef - Morning
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