National Daily Boxed Beef Cutout & Boxed Beef Cuts - Negotiated Sales
LM_XB403
Des Moines, IA                  Fri, Jul 19, 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 on Choice and higher on Select on moderate to good 
demand and moderate offerings. Select and Choice round and loin cuts steady to firm. 
Choice rib cuts firm while Select weak. Choice chuck cuts steady while Select higher.
Beef trimmings not fully established.

                                                CHOICE         SELECT
                                                600-900        600-900
--------------------------------------------------------------------------------
Current Cutout Values:                          213.42         189.51
Change from prior day:                            0.08           0.90
--------------------------------------------------------------------------------
Choice/Select spread:                                   23.91
Total Load Count (Cuts, Trimmings, Grinds):                90

--------------------------------------------------------------------------------
COMPOSITE PRIMAL VALUES
 Primal Rib                                     354.22         272.17
 Primal Chuck                                   171.81         165.34
 Primal Round                                   165.35         165.72
 Primal Loin                                    285.59         229.16
 Primal Brisket                                 178.72         177.63
 Primal Short Plate                             159.31         159.31
 Primal Flank                                   130.36         110.22
--------------------------------------------------------------------------------
LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS
                                                CHOICE         SELECT
Date  Choice Select Trim Grinds Total           600-900        600-900
07/18    67    32     9    27    135            213.34         188.61
07/17    80    55    30    34    200            212.57         188.34
07/16    66    42    13    29    151            212.93         189.16
07/15    66    35    11    31    143            213.27         189.21
07/12    53    19    12    25    109            212.80         189.60
--------------------------------------------------------------------------------
Current 5 Day Simple Average:                   212.98         188.98
--------------------------------------------------------------------------------
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             45.48  loads          1,819,191  pounds
 Select Cuts             20.08  loads            803,118  pounds
 Trimmings                0.00  loads                  0  pounds
 Ground Beef             24.50  loads            980,032  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       9      14,037   640.00  690.25  667.00
112A 3  Rib, ribeye, bnls, light         6      20,121   739.68  776.50  749.24
112A 3  Rib, ribeye, bnls, heavy        14      15,544   740.00  772.25  757.87
113C 1  Chuck, semi-bnls, neck/off       6     133,486   213.10  226.25  214.31
114  1  Chuck, shoulder clod             4      23,975   200.00  215.41  206.23
114A 3  Chuck, shoulder clod, trmd      10      86,118   215.08  226.00  220.73
114D 3  Chuck, clod, top blade
114E 3  Chuck, clod, arm roast           3       6,337   275.00  280.00  279.00
114F 5  Chuck, clod tender (IM)          8       6,046   350.00  390.00  370.61
116A 3  Chuck, roll, lxl, neck/off      15      47,055   272.55  292.00  275.24
116B 1  Chuck, chuck tender (IM)        20     101,561   214.22  237.00  218.37
     3  Chuck roll, retail ready
116G 4  Chuck, flap (IM)                 9      62,403   412.00  474.00  434.56
120  1  Brisket, deckle-off, bnls       17      62,703   235.70  275.00  250.26
120A 3  Brisket, point/off, bnls         3       8,560   423.00  423.00  423.00
123A 3  Short Plate, short rib          14      40,867   512.00  597.25  556.84
130  4  Chuck, short rib                11      28,544   320.59  380.00  339.21
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled          22      56,905   218.00  249.00  226.27
168  1  Round, top inside round          4       7,658   211.54  217.00  215.81
168  3  Round, top inside round         15     130,229   212.00  237.00  216.35
169  5  Round, top inside, denuded      12      71,149   241.12  264.00  243.93
169A 5  Round, top inside, cap off       3       2,590   290.00  304.54  293.05
     3  Round, top inside, side off
170  1  Round, bottom gooseneck
171B 3  Round, outside round            20     230,751   200.29  215.82  206.51
171C 3  Round, eye of round (IM)        19      49,796   212.47  236.00  218.83
174  3  Loin, short loin, 0x1            8      36,119   515.95  543.93  529.78
175  3  Loin, strip loin, 1x1
     1  Loin, strip loin bnls. 1x1       5       4,398   528.00  528.00  528.00
180  3  Loin, strip, bnls, 0x1          22      86,675   555.00  599.80  570.23
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless        16     168,108   299.00  319.76  307.07
184B 3  Loin, top butt, CC (IM)
185A 4  Loin, bottom sirloin, flap       9      35,106   570.00  640.00  593.31
185B 1  Loin, ball-tip, bnls, heavy      4       3,486   342.68  356.00  344.24
185C 1  Loin, sirloin, tri-tip (IM)      5      17,018   290.00  318.00  298.26
185D 4  Loin, tri-tip, pld (IM)          3      11,802   432.00  472.00  438.46
189A 4  Loin, tndrloin, trmd, heavy     17      29,137   930.16 1100.50  959.53
191A 4  Loin, butt tender, trimmed       8      55,346   790.68  854.50  828.56
193  4  Flank, flank steak (IM)          7      10,981   547.00  590.00  560.56
--------------------------------------------------------------------------------
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       6      71,529   435.00  490.00  438.68
112A 3  Rib, ribeye, bnls, light
112A 3  Rib, ribeye, bnls, heavy         3       5,370   549.86  557.00  552.96
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod             5     127,078   199.81  207.00  200.03
114A 3  Chuck, shoulder clod, trmd       6      11,033   213.60  229.00  221.03
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      13      62,033   239.26  273.00  251.42
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        5      35,980   242.71  259.76  247.25
120A 3  Brisket, point/off, bnls
123A 3  Short Plate, short rib
130  4  Chuck, short rib                 6      16,764   318.67  362.25  324.84
160  1  Round, bone-in                   0           0
161  1  Round, boneless                  0           0
167A 4  Round, knuckle, peeled           5      11,708   220.00  236.00  229.58
168  1  Round, top inside round
168  3  Round, top inside round
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             7      35,288   199.83  215.82  202.50
171C 3  Round, eye of round (IM)        10      53,665   215.00  235.50  217.28
174  3  Loin, short loin, 0x1            5      28,204   370.00  390.00  376.74
175  3  Loin, strip loin, 1x1            0           0
     1  Loin, strip loin bnls. 1x1
180  3  Loin, strip, bnls, 0x1          10      47,874   369.95  400.00  375.89
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless         9      74,942   250.00  281.32  263.33
184B 3  Loin, top butt, CC (IM)          0           0
185A 4  Loin, bottom sirloin, flap      10      16,448   515.00  549.00  539.80
185B 1  Loin, ball-tip, bnls, heavy      5      13,927   225.59  345.00  261.16
185C 1  Loin, sirloin, tri-tip (IM)      4       7,652   215.00  239.59  233.05
185D 4  Loin, tri-tip, pld (IM)
189A 4  Loin, tndrloin, trmd, heavy      4       2,091   800.00  850.27  830.65
191A 4  Loin, butt tender, trimmed       0           0
193  4  Flank, flank steak (IM)          0           0
--------------------------------------------------------------------------------
CHOICE, SELECT & UNGRADED CUTS   Fat Limitations 1-6  (IM) = Individual Muscle
--------------------------------------------------------------------------------
124  4  Rib, Back Ribs, Frozen
121D 4  Plate, Inside Skirt (IM)        14      55,791   434.00  466.25  440.98
121C 4  Plate, Outside Skirt (IM)       14      13,272   650.00  710.00  678.68
121E 6  Outside Skirt, pld (IM)
        Cap, Wedge Meat & (IM) Lean     18      91,800   230.00  268.00  240.16
        Pectoral Meat                   17      61,419   234.00  260.00  243.88
--------------------------------------------------------------------------------
GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
--------------------------------------------------------------------------------
Ground Beef 73%                         15     350,109   151.00  196.50  157.50
Ground Beef 75%                          0           0
Ground Beef 81%                         25     159,978   165.00  206.00  179.38
Ground Beef 85%
Ground Beef 90%                          0           0
Ground Beef 93%
Ground Beef Chuck 80%                   11      50,254   181.26  223.00  193.45
Ground Beef Round 85%
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%                  0           0
Blended Ground Beef 81%
Blended Ground Beef 85%
Blended Ground Beef 90%                  0           0
Blended Ground Beef 93%
Blended Ground Beef Chuck 80%
Blended Ground Beef Round 85%
Blended Ground Beef Sirloin 90%
--------------------------------------------------------------------------------
BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed
--------------------------------------------------------------------------------
Fresh 50% lean trimmings                 0           0
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
1100C


1500C

.


.