National Daily Boxed Beef Cutout & Boxed Beef Cuts - Negotiated Sales
USDA - Fri Mar 15, 12:35PM CDT
LM_XB402
Des Moines, IA                  Fri, Mar 15, 2019               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:                          227.75         218.22
Change from prior day:                            0.05         (0.54)
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Choice/Select spread:                                    9.53
Total Load Count (Cuts, Trimmings, Grinds):                55

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COMPOSITE PRIMAL VALUES
 Primal Rib                                     374.90         334.73
 Primal Chuck                                   181.05         178.11
 Primal Round                                   178.55         184.52
 Primal Loin                                    309.29         284.87
 Primal Brisket                                 200.37         197.52
 Primal Short Plate                             165.94         165.94
 Primal Flank                                   121.88         119.25
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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
03/14    74    17     9    18    118            227.70         218.76
03/13    62    28     9    19    118            228.24         219.28
03/12    59    12    10    16     97            228.22         220.35
03/11    46    14    13    10     83            227.36         219.63
03/08    67     9     0    19     95            226.13         218.78
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Current 5 Day Simple Average:                   227.53         219.36
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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             32.06  loads          1,282,272  pounds
 Select Cuts              6.77  loads            270,715  pounds
 Trimmings                4.56  loads            182,407  pounds
 Ground Beef             11.91  loads            476,438  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        4       1,165   715.50  726.25  719.02
112A 3  Rib, ribeye, bnls, light          3       2,597   795.00  848.22  823.46
112A 3  Rib, ribeye, bnls, heavy         13      12,259   780.00  837.66  799.72
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod              5      16,572   215.00  224.98  219.10
114A 3  Chuck, shoulder clod, trmd        9      60,149   220.00  240.00  223.68
114D 3  Chuck, clod, top blade            0           0
114E 3  Chuck, clod, arm roast
114F 5  Chuck, clod tender (IM)           5       5,365   525.00  536.15  527.81
116A 3  Chuck, roll, lxl, neck/off        7       6,000   283.00  287.25  283.64
116B 1  Chuck, chuck tender (IM)          5       9,809   246.00  257.55  247.62
     3  Chuck roll, retail ready          0           0
116G 4  Chuck, flap (IM)                  3       3,735   541.41  569.64  561.63
120  1  Brisket, deckle-off, bnls        17      34,394   280.00  292.25  283.99
120A 3  Brisket, point/off, bnls
123A 3  Short Plate, short rib           11      12,064   560.00  582.25  575.04
130  4  Chuck, short rib                  4       7,216   342.16  380.00  346.60
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled           23     289,910   235.00  282.25  241.48
168  1  Round, top inside round           7     170,880   216.00  230.00  216.88
168  3  Round, top inside round          10      62,385   222.50  235.00  228.61
169  5  Round, top inside, denuded        3      17,943   260.00  282.25  260.60
169A 5  Round, top inside, cap off
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck           3       4,695   208.32  226.25  212.66
171B 3  Round, outside round             14     225,837   220.78  256.75  226.76
171C 3  Round, eye of round (IM)         18      53,232   262.77  290.11  268.34
174  3  Loin, short loin, 0x1             5       1,895   575.00  633.25  617.90
175  3  Loin, strip loin, 1x1             5     104,118   595.72  603.15  600.41
     1  Loin, strip loin bnls. 1x1        3       3,221   582.00  582.00  582.00
180  3  Loin, strip, bnls, 0x1           16      36,156   640.00  715.00  678.72
184  1  Loin, top butt, bnls, heavy       3       5,581   345.00  350.64  347.41
184  3  Loin, top butt, boneless          7      13,386   345.00  381.65  372.14
184B 3  Loin, top butt, CC (IM)
185A 4  Loin, bottom sirloin, flap       10      19,202   500.00  525.00  505.20
185B 1  Loin, ball-tip, bnls, heavy       6      14,679   286.14  295.00  289.07
185C 1  Loin, sirloin, tri-tip (IM)
185D 4  Loin, tri-tip, pld (IM)
189A 4  Loin, tndrloin, trmd, heavy       9      14,636  1000.00 1162.25 1013.01
191A 4  Loin, butt tender, trimmed
193  4  Flank, flank steak (IM)           6      19,283   505.47  528.70  520.45
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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        5      32,954   598.50  634.50  601.14
112A 3  Rib, ribeye, bnls, light
112A 3  Rib, ribeye, bnls, heavy          4      43,591   689.50  745.25  700.16
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod              8      47,377   221.37  226.45  223.18
114A 3  Chuck, shoulder clod, trmd
114D 3  Chuck, clod, top blade            0           0
114E 3  Chuck, clod, arm roast            0           0
114F 5  Chuck, clod tender (IM)
116A 3  Chuck, roll, lxl, neck/off        5      35,551   272.50  280.42  278.55
116B 1  Chuck, chuck tender (IM)          0           0
     3  Chuck roll, retail ready          0           0
116G 4  Chuck, flap (IM)
120  1  Brisket, deckle-off, bnls
120A 3  Brisket, point/off, bnls          0           0
123A 3  Short Plate, short rib            0           0
130  4  Chuck, short rib
160  1  Round, bone-in                    0           0
161  1  Round, boneless                   0           0
167A 4  Round, knuckle, peeled
168  1  Round, top inside round           0           0
168  3  Round, top inside round           3       3,645   222.50  234.50  229.13
169  5  Round, top inside, denuded        0           0
169A 5  Round, top inside, cap off        0           0
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck
171B 3  Round, outside round              4       8,417   240.98  255.00  248.56
171C 3  Round, eye of round (IM)          0           0
174  3  Loin, short loin, 0x1             3       6,659   527.41  548.50  528.13
175  3  Loin, strip loin, 1x1             0           0
     1  Loin, strip loin bnls. 1x1        0           0
180  3  Loin, strip, bnls, 0x1            3       1,292   539.50  545.00  544.35
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless          5       4,392   342.00  362.50  354.52
184B 3  Loin, top butt, CC (IM)           0           0
185A 4  Loin, bottom sirloin, flap        3       7,995   486.00  489.50  486.71
185B 1  Loin, ball-tip, bnls, heavy       3       1,161   267.65  274.50  271.63
185C 1  Loin, sirloin, tri-tip (IM)
185D 4  Loin, tri-tip, pld (IM)           0           0
189A 4  Loin, tndrloin, trmd, heavy       7      17,289   990.00 1020.00  999.17
191A 4  Loin, butt tender, trimmed        0           0
193  4  Flank, flank steak (IM)           5       5,303   505.00  512.25  507.33
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CHOICE, SELECT & UNGRADED CUTS   Fat Limitations 1-6  (IM) = Individual Muscle
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124  4  Rib, Back Ribs, Frozen
121D 4  Plate, Inside Skirt (IM)          4       5,586   459.00  471.25  460.10
121C 4  Plate, Outside Skirt (IM)         4       2,792   750.00  779.00  760.58
121E 6  Outside Skirt, pld (IM)           6       6,575  1029.37 1125.00 1044.87
        Cap, Wedge Meat & (IM) Lean       8      22,673   307.00  310.00  307.89
        Pectoral Meat                     8      10,818   309.50  334.99  323.56
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73%                           6      95,271   160.00  191.25  168.61
Ground Beef 75%
Ground Beef 81%                          12      74,821   192.00  207.35  197.04
Ground Beef 85%
Ground Beef 90%                           0           0
Ground Beef 93%                           6      78,304   285.00  307.12  304.00
Ground Beef Chuck 80%                     6      99,724   190.00  216.50  201.23
Ground Beef Round 85%                     0           0
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%                   0           0
Blended Ground Beef 81%
Blended Ground Beef 85%
Blended Ground Beef 90%                   0           0
Blended Ground Beef 93%                   0           0
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                  7     182,407    81.00   85.75   83.98
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.lpgmn@usda.gov
         24 Hour recorded market information 515-284-4830
www.ams.usda.gov/market-news/livestock-poultry-grain
1100C


1100C

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