LM_XB403
Des Moines, IA Fri, Jan 21, 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 steady to firm on light to moderate demand and
offerings. Select and Choice rib and loin cuts steady to firm while chuck and
round cuts generally steady. Beef trimmings generally steady on a light test.
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 173.52 170.64
Change from prior day: 0.71 (0.22)
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Choice/Select spread: 2.88
Total Load Count (Cuts, Trimmings, Grinds): 170
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COMPOSITE PRIMAL VALUES
Primal Rib 239.79 222.62
Primal Chuck 156.99 156.59
Primal Round 164.91 165.07
Primal Loin 210.75 206.24
Primal Brisket 132.59 131.18
Primal Short Plate 117.07 119.66
Primal Flank 99.94 99.48
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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
01/20 120 49 34 22 225 172.81 170.86
01/19 145 59 18 35 257 171.91 170.17
01/18 97 42 19 31 190 172.81 168.89
01/17 91 49 12 41 193 171.55 167.23
01/14 83 41 24 17 165 169.73 166.29
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Current 5 Day Simple Average: 171.76 168.69
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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 103.92 loads 4,156,809 pounds
Select Cuts 34.79 loads 1,391,633 pounds
Trimmings 7.07 loads 282,815 pounds
Coarse Grinds 24.01 loads 960,262 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 52 350,299 413.00 481.00 440.91
112A 3 Rib, ribeye, bnls, light 23 37,679 493.00 549.00 520.16
112A 3 Rib, ribeye, bnls, heavy 46 171,407 453.60 512.00 480.11
113A 1 Chuck, square-cut, 2 piece
113C 1 Chuck, semi-bnls, neck/off 6 24,565 180.00 197.00 188.98
113C 3 Chuck, semi-bnls, neck/off 0 0
3 Chuck, semi-bnls n/o sh-cut 0 0
114 1 Chuck, shoulder clod 24 48,843 189.00 200.50 195.84
114A 3 Chuck, shoulder clod, trmd 35 271,132 202.30 220.00 205.48
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast 15 39,645 237.00 250.00 247.48
114F 5 Chuck, clod tender 13 25,280 265.00 285.00 272.70
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 42 195,168 220.00 243.50 227.93
116B 1 Chuck, chuck tender 14 29,022 216.00 227.00 221.76
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 31 222,207 190.13 207.15 196.24
120A 3 Brisket, point/off, bnls 10 15,182 314.65 350.00 337.18
123A 3 Short Plate, short rib 14 25,775 336.50 391.00 353.93
130 4 Chuck, short rib 24 79,600 230.00 262.00 248.92
160 1 Round, bone-in 4 2,428 189.00 195.00 191.00
161 1 Round, boneless 12 18,709 193.00 206.00 201.24
3 Round, bnls/peeled heel-out
167 1 Round, knuckle
167A 4 Round, knuckle, peeled 65 247,707 219.00 236.00 222.09
168 1 Round, top inside round 25 77,853 204.00 217.00 210.62
168 3 Round, top inside round 22 86,658 212.00 228.00 217.41
169 5 Round, top inside, denuded 28 128,405 250.93 259.00 254.91
3 Round, top inside, side off
170 1 Round, bottom gooseneck 12 43,908 188.50 199.65 196.23
171B 3 Round, outside round 33 181,676 210.00 236.00 219.79
171C 3 Round, eye of round 45 84,214 226.95 248.00 238.47
3 Round, flat/eye, heel-out
174 1 Loin, short loin, 2x3 3 2,351 330.00 354.50 342.40
174 3 Loin, short loin, 0x1 32 81,908 400.00 430.00 408.35
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy
1 Loin, strip loin bnls. 1x1 14 11,958 364.87 382.00 367.86
180 3 Loin, strip, bnls, 0x1 52 289,504 407.65 441.00 420.32
184 1 Loin, top butt, bnls, heavy 13 9,483 255.51 266.00 259.44
184 3 Loin, top butt, boneless 39 156,816 254.00 285.00 270.28
185A 4 Loin, bottom sirloin, flap 23 48,477 305.00 346.00 318.39
185B 1 Loin, ball-tip, bnls, heavy 34 137,137 200.00 221.50 208.88
185C 1 Loin, sirloin, tri-tip 20 53,095 243.83 276.00 256.31
185D 4 Loin, sirloin, tri-tip, pld 10 7,714 346.11 376.00 360.25
189A 4 Loin, tndrloin, trmd, heavy 47 131,512 737.72 822.00 747.00
191A 4 Loin, butt tender, trimmed 8 14,755 678.50 696.00 683.42
193 4 Flank, flank steak 25 32,537 346.00 405.00 370.27
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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 0 0
109E 1 Rib, ribeye, lip-on, bn-in 5 5,424 390.00 405.00 394.78
112A 3 Rib, ribeye, bnls, light 5 17,439 439.50 460.00 447.00
112A 3 Rib, ribeye, bnls, heavy 24 45,514 436.73 462.25 443.27
113A 1 Chuck, square-cut, 2 piece
113C 1 Chuck, semi-bnls, neck/off 4 24,151 185.00 197.00 186.41
113C 3 Chuck, semi-bnls, neck/off
3 Chuck, semi-bnls n/o sh-cut 0 0
114 1 Chuck, shoulder clod 8 20,714 184.70 198.00 191.05
114A 3 Chuck, shoulder clod, trmd 16 108,337 201.00 210.00 205.08
114D 3 Chuck, clod, top blade 0 0
114E 3 Chuck, clod, arm roast 0 0
114F 5 Chuck, clod tender 4 3,571 262.00 270.00 269.27
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 34 84,877 217.00 241.50 225.77
116B 1 Chuck, chuck tender 7 9,269 220.00 226.00 223.43
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 11 57,713 183.46 205.00 194.49
120A 3 Brisket, point/off, bnls 0 0
123A 3 Short Plate, short rib 3 4,176 350.00 391.00 379.02
130 4 Chuck, short rib 11 22,857 241.00 262.00 248.36
160 1 Round, bone-in
161 1 Round, boneless
3 Round, bnls/peeled heel-out
167 1 Round, knuckle
167A 4 Round, knuckle, peeled 17 102,442 219.00 238.00 219.87
168 1 Round, top inside round 16 30,540 202.00 216.00 207.98
168 3 Round, top inside round 13 113,722 209.95 221.00 212.03
169 5 Round, top inside, denuded 5 4,708 250.00 260.00 254.08
3 Round, top Inside, side off 0 0
170 1 Round, bottom gooseneck 8 23,676 194.00 198.00 196.53
171B 3 Round, outside round 8 19,970 212.50 224.00 219.02
171C 3 Round, eye of round 8 13,891 235.00 243.00 239.21
3 Round, flat/eye, heel-out 0 0
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 7 44,659 385.00 401.00 390.51
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 12 12,185 405.00 427.00 409.06
184 1 Loin, top butt, bnls, heavy 10 13,974 222.00 240.00 230.09
184 3 Loin, top butt, boneless 13 42,361 239.60 260.00 249.45
185A 4 Loin, bottom sirloin, flap 10 27,868 306.00 341.00 316.54
185B 1 Loin, ball-tip, bnls, heavy 15 28,968 201.00 223.00 207.74
185C 1 Loin, sirloin, tri-tip 5 19,218 236.00 250.00 240.24
185D 4 Loin, sirloin, tri-tip, pld
189A 4 Loin, tndrloin, trmd, heavy 12 10,327 745.00 777.00 757.44
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak 5 3,855 350.00 396.00 373.09
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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 16 47,421 90.00 131.00 124.80
121D 4 Plate, Inside Skirt 30 54,777 284.84 309.65 291.76
121C 4 Plate, Outside Skirt 22 44,640 349.00 381.00 363.98
121E 6 Plate, Outside Skirt, pld 9 24,289 500.00 543.00 522.52
Cap & Wedge Meat 46 280,870 237.45 260.00 244.11
Pectoral Meat 32 72,579 257.00 275.00 264.87
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GROUND BEEF - STEER and HEIFER SOURCE -- 10 Pound Chub Basis
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Ground Beef 73% 8 37,381 182.00 192.00 186.02
Ground Beef 75%
Ground Beef 81% 20 176,164 192.10 214.00 203.71
Ground Beef 85% 0 0
Ground Beef 90% 0 0
Ground Beef 93% 12 29,489 226.00 238.00 230.06
Ground Beef Chuck 15 51,604 194.00 214.00 202.73
Ground Beef Round 12 49,849 202.00 218.50 207.26
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% 22 277,722 174.00 209.00 186.52
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 5 148,015 83.00 84.60 83.93
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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