LM_XB403
Des Moines, IA Wed, Jan 12, 2011 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 higher to sharply higher on moderate to good demand
and moderate offerings. Select and Choice rib, chuck, round, and loin cuts
firm to higher. Beef trimmings lower on light demand and offerings.
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 168.59 163.79
Change from prior day: 1.17 2.46
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Choice/Select spread: 4.80
Total Load Count (Cuts, Trimmings, Grinds): 303
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COMPOSITE PRIMAL VALUES
Primal Rib 236.39 212.91
Primal Chuck 150.20 148.08
Primal Round 157.33 158.56
Primal Loin 208.51 199.26
Primal Brisket 130.94 131.03
Primal Short Plate 115.71 118.08
Primal Flank 94.58 94.32
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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
01/11 119 45 20 53 237 167.42 161.33
01/10 95 72 14 86 267 166.48 160.55
01/07 70 32 15 36 154 165.83 160.02
01/06 81 53 11 38 183 166.30 160.58
01/05 105 78 21 37 241 166.81 160.44
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Current 5 Day Simple Average: 166.57 160.58
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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 164.43 loads 6,577,342 pounds
Select Cuts 73.13 loads 2,925,050 pounds
Trimmings 14.46 loads 578,407 pounds
Coarse Grinds 50.76 loads 2,030,406 pounds
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Choice Cuts, Fat Limitations 1-6
IMPS/FL Sub-Primal # of Total Price Weighted
Trades Pounds Range Average
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109A 1 Rib, roast-ready, heavy
109E 1 Rib, ribeye, lip-on, bn-in 35 69,634 404.85 465.00 431.28
112A 3 Rib, ribeye, bnls, light 31 105,240 460.00 529.40 505.66
112A 3 Rib, ribeye, bnls, heavy 59 140,856 450.00 517.00 468.59
113A 1 Chuck, square-cut, 2 piece
113C 1 Chuck, semi-bnls, neck/off 9 60,590 172.00 184.00 181.56
113C 3 Chuck, semi-bnls, neck/off
3 Chuck, semi-bnls n/o sh-cut
114 1 Chuck, shoulder clod 35 219,467 179.00 193.00 186.79
114A 3 Chuck, shoulder clod, trmd 70 454,337 193.00 206.00 199.92
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast 21 20,759 221.50 264.00 253.38
114F 5 Chuck, clod tender 21 16,794 250.50 307.00 275.89
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 79 496,713 203.75 233.00 217.33
116B 1 Chuck, chuck tender 39 84,411 200.00 220.00 209.72
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 55 161,742 190.00 205.00 196.97
120A 3 Brisket, point/off, bnls 30 23,310 312.15 350.00 330.68
123A 3 Short Plate, short rib 23 50,168 322.00 391.00 368.05
130 4 Chuck, short rib 54 429,226 239.00 265.00 242.12
160 1 Round, bone-in 8 6,025 184.00 195.00 187.68
161 1 Round, boneless 7 10,352 196.00 198.00 196.48
3 Round, bnls/peeled heel-out 3 7,753 200.50 216.50 208.18
167 1 Round, knuckle
167A 4 Round, knuckle, peeled 86 282,479 210.00 223.10 213.97
168 1 Round, top inside round 56 354,812 198.00 212.00 201.25
168 3 Round, top inside round 82 1,237,500 207.00 223.00 209.29
169 5 Round, top inside, denuded 17 24,475 241.00 257.00 251.01
3 Round, top inside, side off
170 1 Round, bottom gooseneck 24 51,564 182.00 191.00 184.19
171B 3 Round, outside round 72 386,794 197.50 218.50 205.54
171C 3 Round, eye of round 59 97,197 218.50 243.00 227.93
3 Round, flat/eye, heel-out
174 1 Loin, short loin, 2x3 8 4,063 320.00 357.00 325.10
174 3 Loin, short loin, 0x1 41 188,014 376.00 430.00 389.70
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy
1 Loin, strip loin bnls. 1x1 25 33,250 355.60 382.00 360.76
180 3 Loin, strip, bnls, 0x1 44 142,197 379.62 430.00 395.48
184 1 Loin, top butt, bnls, heavy 21 13,996 235.00 261.55 243.27
184 3 Loin, top butt, boneless 31 49,505 249.73 277.50 261.13
185A 4 Loin, bottom sirloin, flap 49 211,156 290.30 320.00 309.66
185B 1 Loin, ball-tip, bnls, heavy 44 84,988 199.00 219.00 208.11
185C 1 Loin, sirloin, tri-tip 29 166,005 238.00 267.00 258.28
185D 4 Loin, sirloin, tri-tip, pld 13 9,416 341.00 368.00 360.19
189A 4 Loin, tndrloin, trmd, heavy 43 156,417 742.66 841.00 761.79
191A 4 Loin, butt tender, trimmed 9 5,279 750.00 815.00 777.90
193 4 Flank, flank steak 36 60,928 316.50 380.00 347.75
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Select Cuts, Fat Limitations 1-6
IMPS/FL Sub-Primal # of Total Price Weighted
Trades Pounds Range Average
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109A 1 Rib, roast-ready, heavy
109E 1 Rib, ribeye, lip-on, bn-in 18 27,807 353.00 383.50 369.21
112A 3 Rib, ribeye, bnls, light 15 14,644 399.74 440.00 430.19
112A 3 Rib, ribeye, bnls, heavy 50 106,461 385.00 436.00 415.27
113A 1 Chuck, square-cut, 2 piece
113C 1 Chuck, semi-bnls, neck/off 18 77,533 169.50 185.00 174.98
113C 3 Chuck, semi-bnls, neck/off
3 Chuck, semi-bnls n/o sh-cut 0 0
114 1 Chuck, shoulder clod 19 138,703 178.00 191.00 186.50
114A 3 Chuck, shoulder clod, trmd 29 155,455 190.00 204.00 200.39
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast 0 0
114F 5 Chuck, clod tender 8 3,065 255.00 285.00 263.27
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 79 479,901 205.93 232.50 213.92
116B 1 Chuck, chuck tender 18 45,902 205.65 218.00 210.48
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 30 74,044 193.00 202.00 196.91
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib 4 5,863 327.00 391.00 377.81
130 4 Chuck, short rib 7 14,582 239.00 270.00 249.22
160 1 Round, bone-in
161 1 Round, boneless
3 Round, bnls/peeled heel-out
167 1 Round, knuckle
167A 4 Round, knuckle, peeled 36 147,082 210.00 218.00 213.29
168 1 Round, top inside round 41 148,841 195.00 212.00 205.64
168 3 Round, top inside round 22 92,439 207.72 224.50 213.18
169 5 Round, top inside, denuded 8 8,667 240.00 250.00 246.14
3 Round, top Inside, side off 0 0
170 1 Round, bottom gooseneck 11 16,011 182.70 191.00 185.85
171B 3 Round, outside round 32 228,863 202.00 220.50 207.13
171C 3 Round, eye of round 35 65,686 221.00 238.00 233.32
3 Round, flat/eye, heel-out 0 0
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 32 87,699 369.00 407.00 373.61
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy
1 Loin, strip loin bnls. 1x1
180 3 Loin, strip, bnls, 0x1 53 64,667 370.00 409.29 386.34
184 1 Loin, top butt, bnls, heavy 30 142,376 210.00 229.00 219.03
184 3 Loin, top butt, boneless 36 55,313 220.00 250.00 241.98
185A 4 Loin, bottom sirloin, flap 10 5,566 297.00 320.00 303.77
185B 1 Loin, ball-tip, bnls, heavy 21 56,695 195.00 220.50 209.21
185C 1 Loin, sirloin, tri-tip 14 100,948 237.00 256.40 241.50
185D 4 Loin, sirloin, tri-tip, pld
189A 4 Loin, tndrloin, trmd, heavy 60 71,710 689.00 766.00 718.12
191A 4 Loin, butt tender, trimmed 9 8,452 624.86 710.00 686.52
193 4 Flank, flank steak 14 20,632 318.00 376.00 328.59
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CHOICE AND SELECT CUTS, Fat Limitations (FL) 1-6
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124 4 Rib, Back Ribs, Fresh
124 4 Rib, Back Ribs, Frozen 10 10,937 76.00 100.00 92.56
121D 4 Plate, Inside Skirt 48 295,326 276.00 330.50 287.74
121C 4 Plate, Outside Skirt 20 28,042 309.69 363.00 350.52
121E 6 Plate, Outside Skirt, pld 15 25,618 475.00 514.00 495.44
Cap & Wedge Meat 63 122,061 240.00 260.00 247.64
Pectoral Meat 48 102,842 255.00 272.50 264.91
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GROUND BEEF - STEER and HEIFER SOURCE -- 10 Pound Chub Basis
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Ground Beef 73% 50 375,838 162.00 183.57 170.33
Ground Beef 75%
Ground Beef 81% 83 371,411 171.11 188.50 179.66
Ground Beef 85%
Ground Beef 90%
Ground Beef 93% 21 99,962 202.00 225.74 213.94
Ground Beef Chuck 41 299,206 179.00 188.00 183.94
Ground Beef Round 29 91,703 188.00 206.74 194.94
Ground Beef Sirloin
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BLENDED GROUND BEEF - STEER, HEIFER and COW SOURCE -- 10 Pound Chub Basis
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Blended Ground Beef 73%
Blended Ground Beef 75%
Blended Ground Beef 81% 18 140,015 165.00 196.25 170.98
Blended Ground Beef 85%
Blended Ground Beef 90%
Blended Ground Beef 93%
Blended Ground Beef Chuck
Blended Ground Beef Round
Blended Ground Beef Sirloin
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BEEF TRIMMINGS - STEER and HEIFER SOURCE
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Fresh 50% lean trimmings 18 535,867 82.00 85.28 83.65
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_XB 459 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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