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USDA-LM: National Daily Boxed Beef Cutout & Boxed Beef Cuts - Negotiated Sales

Des Moines, IA - Fri, Feb 09, 2018 - 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
--------------------------------------------------------------------------------
Current Cutout Values:                          206.50         203.03
Change from prior day:                          (2.03)         (0.76)
--------------------------------------------------------------------------------
Choice/Select spread:                                    3.47

Total Load Count (Cuts, Trimmings, Grinds):                75
--------------------------------------------------------------------------------
COMPOSITE PRIMAL VALUES
 Primal Rib                                     325.91         304.27
 Primal Chuck                                   172.71         173.33
 Primal Round                                   173.62         175.37
 Primal Loin                                    264.81         257.24
 Primal Brisket                                 179.90         181.05
 Primal Short Plate                             145.45         145.45
 Primal Flank                                   116.54         115.93
--------------------------------------------------------------------------------
LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS
                                                CHOICE         SELECT
Date  Choice Select Trim Grinds Total           600-900        600-900
02/08    71    20     7     9    108            208.53         203.79
02/07    60    34     6    14    114            209.37         203.14
02/06    62    31     6    17    116            208.43         202.73
02/05    40    22     7    16     85            209.43         204.16
02/02    56    12     4    25     96            209.10         203.45
--------------------------------------------------------------------------------
Current 5 Day Simple Average:                   208.97         203.46
--------------------------------------------------------------------------------
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             38.37  loads          1,534,657  pounds
 Select Cuts             10.59  loads            423,551  pounds
 Trimmings               10.07  loads            402,864  pounds
 Ground Beef             16.07  loads            642,600  pounds
--------------------------------------------------------------------------------
Choice Cuts, Fat Limitations 1-6          (IM) = Individual Muscle
IMPS/FL       Sub-Primal              # of      Total        Price      Weighted
                                    Trades     Pounds        Range       Average
--------------------------------------------------------------------------------
109E 1  Rib, ribeye, lip-on, bn-in       12      84,135   603.84  630.00  619.41
112A 3  Rib, ribeye, bnls, light          5       5,351   691.75  725.50  712.28
112A 3  Rib, ribeye, bnls, heavy         13      23,748   680.00  700.00  684.46
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod              8      27,882   204.64  222.00  208.00
114A 3  Chuck, shoulder clod, trmd        7      28,907   217.00  233.33  226.00
114D 3  Chuck, clod, top blade            0           0
114E 3  Chuck, clod, arm roast            7      13,098   299.00  315.00  302.48
114F 5  Chuck, clod tender (IM)           6       3,868   500.00  525.25  517.06
116A 3  Chuck, roll, lxl, neck/off       13      37,540   295.75  316.00  303.47
116B 1  Chuck, chuck tender (IM)          9      15,263   235.00  241.50  237.99
     3  Chuck roll, retail ready          9      51,495   325.90  349.00  329.36
116G 4  Chuck, flap (IM)                  4       6,642   542.00  582.33  546.66
120  1  Brisket, deckle-off, bnls        13      23,752   246.75  272.00  257.20
120A 3  Brisket, point/off, bnls          7       9,377   430.00  456.71  452.33
123A 3  Short Plate, short rib            9      35,200   490.75  552.00  515.70
130  4  Chuck, short rib                  6       9,984   378.00  384.01  380.44
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled           38     318,889   231.65  260.25  236.78
168  1  Round, top inside round           3      11,138   212.00  218.86  213.38
168  3  Round, top inside round           5      17,451   214.00  227.00  220.63
169  5  Round, top inside, denuded       17      84,542   247.90  253.78  250.59
169A 5  Round, top inside, cap off
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck           0           0
171B 3  Round, outside round             18      47,005   221.58  246.00  228.06
171C 3  Round, eye of round (IM)         26      45,544   220.00  257.00  238.55
174  3  Loin, short loin, 0x1             7      56,603   462.90  487.00  466.53
175  3  Loin, strip loin, 1x1
     1  Loin, strip loin bnls. 1x1        3       3,032   467.00  467.00  467.00
180  3  Loin, strip, bnls, 0x1           24     155,177   490.00  536.50  500.15
184  1  Loin, top butt, bnls, heavy       6       2,923   325.00  337.33  331.02
184  3  Loin, top butt, boneless         27     195,536   349.61  358.75  351.99
184B 3  Loin, top butt, CC (IM)
185A 4  Loin, bottom sirloin, flap        4       6,975   478.00  507.00  494.31
185B 1  Loin, ball-tip, bnls, heavy
185C 1  Loin, sirloin, tri-tip (IM)       4      11,408   300.75  328.75  305.58
185D 4  Loin, tri-tip, pld (IM)           3       1,997   425.00  435.00  425.84
189A 4  Loin, tndrloin, trmd, heavy      20      87,941   915.00  994.25  939.22
191A 4  Loin, butt tender, trimmed        5      16,680   922.90  931.12  929.43
193  4  Flank, flank steak (IM)           5       4,617   490.00  501.75  499.28
--------------------------------------------------------------------------------
Select Cuts, Fat Limitations 1-6       (IM) = Individual Muscle
IMPS/FL         Sub-Primal             # of      Total        Price     Weighted
                                       Trades    Pounds       Range     Average
--------------------------------------------------------------------------------
109E 1  Rib, ribeye, lip-on, bn-in        0           0
112A 3  Rib, ribeye, bnls, light
112A 3  Rib, ribeye, bnls, heavy          6       9,332   628.00  643.25  634.87
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod              4       5,542   210.75  216.00  214.05
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)           0           0
116A 3  Chuck, roll, lxl, neck/off        5       5,482   290.00  312.00  303.48
116B 1  Chuck, chuck tender (IM)
     3  Chuck roll, retail ready          0           0
116G 4  Chuck, flap (IM)                  0           0
120  1  Brisket, deckle-off, bnls         4      33,042   246.75  268.00  265.36
120A 3  Brisket, point/off, bnls          0           0
123A 3  Short Plate, short rib
130  4  Chuck, short rib                  5       3,051   340.86  389.00  365.86
160  1  Round, bone-in                    0           0
161  1  Round, boneless
167A 4  Round, knuckle, peeled
168  1  Round, top inside round           4       9,665   215.00  221.00  216.41
168  3  Round, top inside round
169  5  Round, top inside, denuded
169A 5  Round, top inside, cap off
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck           3      40,989   198.82  200.00  198.83
171B 3  Round, outside round
171C 3  Round, eye of round (IM)          6      55,411   226.00  249.80  236.49
174  3  Loin, short loin, 0x1
175  3  Loin, strip loin, 1x1             0           0
     1  Loin, strip loin bnls. 1x1        0           0
180  3  Loin, strip, bnls, 0x1            5      14,164   440.00  470.00  448.85
184  1  Loin, top butt, bnls, heavy       3       4,261   330.62  337.00  336.22
184  3  Loin, top butt, boneless          0           0
184B 3  Loin, top butt, CC (IM)           0           0
185A 4  Loin, bottom sirloin, flap (IM)
185B 1  Loin, ball-tip, bnls, heavy       5       5,323   238.35  260.00  242.33
185C 1  Loin, sirloin, tri-tip (IM)       3       2,842   276.51  280.75  280.26
185D 4  Loin, tri-tip, pld (IM)           0           0
189A 4  Loin, tndrloin, trmd, heavy
191A 4  Loin, butt tender, trimmed
193  4  Flank, flank steak (IM)           4       5,516   486.75  501.90  494.11
--------------------------------------------------------------------------------
CHOICE, SELECT & UNGRADED CUTS   Fat Limitations 1-6  (IM) = Individual Muscle
--------------------------------------------------------------------------------
124  4  Rib, Back Ribs, Frozen            3      29,899   108.00  135.00  110.49
121D 4  Plate, Inside Skirt (IM)         13     140,583   388.85  414.25  391.84
121C 4  Plate, Outside Skirt (IM)         4       1,865   570.00  570.00  570.00
121E 6  Outside Skirt, pld (IM)           0           0
        Cap, Wedge Meat & (IM) Lean      13      50,526   244.75  262.40  247.88
        Pectoral Meat                     9       8,599   270.00  284.00  276.72
--------------------------------------------------------------------------------
GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
--------------------------------------------------------------------------------
Ground Beef 73%                          12      80,530   139.00  167.87  144.21
Ground Beef 75%
Ground Beef 81%                          21     293,558   157.00  188.25  160.77
Ground Beef 85%
Ground Beef 90%
Ground Beef 93%
Ground Beef Chuck 80%                    10     154,224   149.75  196.00  159.63
Ground Beef Round 85%                     4      19,806   260.00  270.00  268.53
Ground Beef Sirloin 90%                   0           0
--------------------------------------------------------------------------------
BLENDED GB - STEER/HEIFER/COW SOURCE - 10 Pound Chub Basis - Coarse & Fine Grind
--------------------------------------------------------------------------------
Blended Ground Beef 73%
Blended Ground Beef 75%
Blended Ground Beef 81%
Blended Ground Beef 85%
Blended Ground Beef 90%                   0           0
Blended Ground Beef 93%
Blended Ground Beef Chuck 80%             0           0
Blended Ground Beef Round 85%
Blended Ground Beef Sirloin 90%           0           0
--------------------------------------------------------------------------------
BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed
--------------------------------------------------------------------------------
Fresh 50% lean trimmings                  9     402,864    72.41   77.49   76.46
Frozen 50% lean trimmings                 0           0
--------------------------------------------------------------------------------
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"
--------------------------------------------------------------------------------
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.
--------------------------------------------------------------------------------
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
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