National Daily Boxed Beef Cutout & Boxed Beef Cuts - Negotiated Sales
LM_XB403
Des Moines, IA                  Thu, Jul 11, 2019               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 weak on light to moderate demand and 
offerings.  Select and Choice cuts steady to weak.  Beef trimmings mostly 
slightly to moderately lower on light demand and moderate offerings


                                                CHOICE         SELECT
                                                600-900        600-900
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Current Cutout Values:                          213.77         190.79
Change from prior day:                          (0.65)         (0.10)
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Choice/Select spread:                                   22.98
Total Load Count (Cuts, Trimmings, Grinds):               148

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COMPOSITE PRIMAL VALUES
 Primal Rib                                     350.76         285.96
 Primal Chuck                                   174.58         165.44
 Primal Round                                   165.50         166.20
 Primal Loin                                    284.47         226.54
 Primal Brisket                                 175.95         173.68
 Primal Short Plate                             163.11         163.11
 Primal Flank                                   130.15         112.00
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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
07/10    99    39    13    31    182            214.42         190.89
07/09    72    41     4    17    134            214.73         192.09
07/08    55    38    14    19    126            217.46         194.41
07/05    60    23     6    20    109            217.67         194.80
07/03    75    32    12    32    150            219.25         195.36
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Current 5 Day Simple Average:                   216.71         193.51
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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             61.36  loads          2,454,590  pounds
 Select Cuts             37.27  loads          1,490,896  pounds
 Trimmings               15.63  loads            625,261  pounds
 Ground Beef             33.43  loads          1,337,274  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      23      78,921   652.00  699.09  654.63
112A 3  Rib, ribeye, bnls, light         8      19,266   726.00  801.50  737.05
112A 3  Rib, ribeye, bnls, heavy        19      27,651   730.00  775.00  756.76
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod
114A 3  Chuck, shoulder clod, trmd      11     144,247   215.54  226.75  218.81
114D 3  Chuck, clod, top blade           3       4,272   331.56  350.00  335.79
114E 3  Chuck, clod, arm roast          18      30,129   267.00  275.00  273.00
114F 5  Chuck, clod tender (IM)          8       7,460   350.00  394.25  369.75
116A 3  Chuck, roll, lxl, neck/off      20      89,468   270.00  292.00  280.14
116B 1  Chuck, chuck tender (IM)        16      40,204   218.21  232.49  224.60
     3  Chuck roll, retail ready        14     161,509   280.76  320.01  298.80
116G 4  Chuck, flap (IM)                 7      26,248   500.00  561.08  541.65
120  1  Brisket, deckle-off, bnls       36     259,174   234.52  270.00  244.20
120A 3  Brisket, point/off, bnls         9      24,821   430.00  463.00  446.12
123A 3  Short Plate, short rib          11      17,220   564.00  596.00  573.47
130  4  Chuck, short rib                20      27,690   338.58  383.75  347.96
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled          37     250,770   219.55  251.25  221.70
168  1  Round, top inside round          5       7,402   209.00  216.21  213.90
168  3  Round, top inside round         15      63,200   215.00  230.99  219.97
169  5  Round, top inside, denuded      14      55,858   242.08  271.00  246.69
169A 5  Round, top inside, cap off      11      66,678   275.72  305.58  282.20
     3  Round, top inside, side off      0           0
170  1  Round, bottom gooseneck
171B 3  Round, outside round            16      83,373   199.49  226.25  204.17
171C 3  Round, eye of round (IM)        44     187,917   209.83  235.28  216.58
174  3  Loin, short loin, 0x1           16      56,985   512.00  550.00  525.50
175  3  Loin, strip loin, 1x1            3       1,197   475.79  513.25  480.44
     1  Loin, strip loin bnls. 1x1       0           0
180  3  Loin, strip, bnls, 0x1          19      75,680   552.08  601.50  568.22
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless        26     158,068   290.57  325.00  306.53
184B 3  Loin, top butt, CC (IM)          3      14,186   419.00  457.00  442.81
185A 4  Loin, bottom sirloin, flap       4      42,670   520.00  614.00  543.05
185B 1  Loin, ball-tip, bnls, heavy      8      45,114   301.00  353.75  327.12
185C 1  Loin, sirloin, tri-tip (IM)      8       5,296   365.00  410.00  380.29
185D 4  Loin, tri-tip, pld (IM)
189A 4  Loin, tndrloin, trmd, heavy     25     144,734   929.13 1010.00  945.06
191A 4  Loin, butt tender, trimmed       8      26,409   820.00  867.00  826.27
193  4  Flank, flank steak (IM)         12      33,150   555.00  590.25  558.77
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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       8,884   449.52  531.25  478.65
112A 3  Rib, ribeye, bnls, light         5      43,466   535.00  585.00  537.42
112A 3  Rib, ribeye, bnls, heavy         9       4,620   562.55  596.50  586.90
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod             6      12,961   200.00  210.50  203.81
114A 3  Chuck, shoulder clod, trmd      11      71,188   212.30  235.25  216.45
114D 3  Chuck, clod, top blade           0           0
114E 3  Chuck, clod, arm roast
114F 5  Chuck, clod tender (IM)          6       6,554   337.00  361.50  345.40
116A 3  Chuck, roll, lxl, neck/off      23     254,412   239.85  286.50  245.13
116B 1  Chuck, chuck tender (IM)         7      15,154   219.00  230.50  222.74
     3  Chuck roll, retail ready         0           0
116G 4  Chuck, flap (IM)                 8      20,227   435.00  479.25  458.38
120  1  Brisket, deckle-off, bnls       11      40,443   231.20  264.25  242.15
120A 3  Brisket, point/off, bnls         0           0
123A 3  Short Plate, short rib
130  4  Chuck, short rib                 8      15,500   331.98  380.00  338.99
160  1  Round, bone-in
161  1  Round, boneless                  0           0
167A 4  Round, knuckle, peeled           6      11,040   219.17  230.22  221.98
168  1  Round, top inside round          0           0
168  3  Round, top inside round         10      58,573   208.54  236.50  213.84
169  5  Round, top inside, denuded
169A 5  Round, top inside, cap off       0           0
     3  Round, top inside, side off      0           0
170  1  Round, bottom gooseneck          3       4,560   190.51  203.79  196.29
171B 3  Round, outside round             9      22,656   205.00  231.50  208.92
171C 3  Round, eye of round (IM)         7      44,463   215.50  241.50  217.87
174  3  Loin, short loin, 0x1           14     154,747   350.00  410.25  363.54
175  3  Loin, strip loin, 1x1
     1  Loin, strip loin bnls. 1x1
180  3  Loin, strip, bnls, 0x1          15      90,718   354.74  400.00  372.91
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless        20     130,077   246.00  271.25  250.68
184B 3  Loin, top butt, CC (IM)          0           0
185A 4  Loin, bottom sirloin, flap       6      19,489   500.00  541.25  509.86
185B 1  Loin, ball-tip, bnls, heavy     13     238,519   215.19  242.00  217.64
185C 1  Loin, sirloin, tri-tip (IM)
185D 4  Loin, tri-tip, pld (IM)
189A 4  Loin, tndrloin, trmd, heavy      6       7,462   815.00  915.75  818.60
191A 4  Loin, butt tender, trimmed       4      26,746   790.00  876.01  826.36
193  4  Flank, flank steak (IM)          4       4,564   428.00  465.50  445.99
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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           7      53,482   126.72  199.50  137.52
121D 4  Plate, Inside Skirt (IM)        16      72,242   421.50  487.15  448.17
121C 4  Plate, Outside Skirt (IM)       24      28,347   650.00  861.00  702.26
121E 6  Outside Skirt, pld (IM)          5       7,695   775.52  859.58  817.33
        Cap, Wedge Meat & (IM) Lean     19      60,732   245.00  275.25  253.96
        Pectoral Meat                   21      88,156   245.00  276.75  257.77
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73%                          7      31,779   166.11  180.25  169.60
Ground Beef 75%
Ground Beef 81%                         47     423,421   177.35  215.00  183.11
Ground Beef 85%
Ground Beef 90%
Ground Beef 93%                         16     155,915   285.00  305.22  287.01
Ground Beef Chuck 80%                   11      67,775   194.00  221.25  202.07
Ground Beef Round 85%                    9      36,698   246.00  260.94  249.37
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%
Blended Ground Beef 85%
Blended Ground Beef 90%
Blended Ground Beef 93%                  0           0
Blended Ground Beef Chuck 80%            0           0
Blended Ground Beef Round 85%            0           0
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                18     625,261    82.07   91.00   85.94
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


1500C

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