National Daily Boxed Beef Cutout & Boxed Beef Cuts - Negotiated Sales
LM_XB402
Des Moines, IA                  Fri, Dec 07, 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
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Current Cutout Values:                          213.57         200.25
Change from prior day:                            0.90           2.03
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Choice/Select spread:                                   13.32
Total Load Count (Cuts, Trimmings, Grinds):                75

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COMPOSITE PRIMAL VALUES
 Primal Rib                                     402.76         333.09
 Primal Chuck                                   168.51         166.57
 Primal Round                                   162.47         163.69
 Primal Loin                                    274.78         250.68
 Primal Brisket                                 186.22         187.21
 Primal Short Plate                             145.38         145.38
 Primal Flank                                   105.03         105.08
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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
12/06    54    15     5    14     88            212.67         198.22
12/05    90    24    27    42    183            213.26         196.86
12/04    97    33     9    27    165            213.86         197.51
12/03    87    20    16    16    139            213.08         199.18
11/30    59    12     7    25    104            212.61         198.41
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Current 5 Day Simple Average:                   213.10         198.04
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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             48.40  loads          1,935,974  pounds
 Select Cuts              7.34  loads            293,678  pounds
 Trimmings                0.00  loads                  0  pounds
 Ground Beef             19.45  loads            778,022  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       22     299,184   580.13  925.64  778.05
112A 3  Rib, ribeye, bnls, light          0           0
112A 3  Rib, ribeye, bnls, heavy          4       1,961   866.00  910.00  886.78
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod              6      10,304   187.00  204.25  192.98
114A 3  Chuck, shoulder clod, trmd        4      52,859   196.87  205.34  200.12
114D 3  Chuck, clod, top blade
114E 3  Chuck, clod, arm roast           13     312,024   234.85  265.78  236.00
114F 5  Chuck, clod tender (IM)           5       7,714   418.00  440.00  434.09
116A 3  Chuck, roll, lxl, neck/off       18     133,233   280.64  301.25  286.79
116B 1  Chuck, chuck tender (IM)         10      38,625   201.56  226.50  213.23
     3  Chuck roll, retail ready          8      77,974   306.57  319.78  314.43
116G 4  Chuck, flap (IM)                  5      11,301   560.68  580.00  563.25
120  1  Brisket, deckle-off, bnls        13      47,587   261.35  295.00  276.98
120A 3  Brisket, point/off, bnls
123A 3  Short Plate, short rib            6      14,141   575.00  687.25  662.23
130  4  Chuck, short rib                  9      10,654   379.50  404.79  383.82
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled           12      30,403   218.00  233.50  224.57
168  1  Round, top inside round           8      16,010   191.05  202.00  198.26
168  3  Round, top inside round          11      84,878   195.00  216.50  202.39
169  5  Round, top inside, denuded        7      37,766   231.65  242.00  233.74
169A 5  Round, top inside, cap off        4      37,652   261.00  302.18  299.32
     3  Round, top inside, side off
170  1  Round, bottom gooseneck
171B 3  Round, outside round              8      46,368   199.25  212.25  203.61
171C 3  Round, eye of round (IM)         19      76,907   216.57  232.25  223.61
174  3  Loin, short loin, 0x1            12      86,144   463.42  475.00  470.71
175  3  Loin, strip loin, 1x1
     1  Loin, strip loin bnls. 1x1
180  3  Loin, strip, bnls, 0x1           14      36,848   475.00  517.25  496.75
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless         24     179,640   327.37  342.25  334.38
184B 3  Loin, top butt, CC (IM)           0           0
185A 4  Loin, bottom sirloin, flap       11      48,041   440.00  540.00  452.49
185B 1  Loin, ball-tip, bnls, heavy      12      91,329   209.32  219.00  213.59
185C 1  Loin, sirloin, tri-tip (IM)       4       4,332   241.00  270.00  253.55
185D 4  Loin, tri-tip, pld (IM)           3       1,776   355.00  371.50  361.77
189A 4  Loin, tndrloin, trmd, heavy      11      29,916  1146.65 1225.00 1158.11
191A 4  Loin, butt tender, trimmed       10      12,653  1099.68 1150.00 1123.63
193  4  Flank, flank steak (IM)           3       3,721   434.19  444.50  440.75
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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        0           0
112A 3  Rib, ribeye, bnls, light          4       9,378   679.70  718.25  690.76
112A 3  Rib, ribeye, bnls, heavy          3       9,034   670.52  751.50  692.22
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod
114A 3  Chuck, shoulder clod, trmd        0           0
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        3      16,220   267.00  292.79  282.16
116B 1  Chuck, chuck tender (IM)
     3  Chuck roll, retail ready          0           0
116G 4  Chuck, flap (IM)                  3       4,229   520.00  550.00  535.27
120  1  Brisket, deckle-off, bnls
120A 3  Brisket, point/off, bnls          0           0
123A 3  Short Plate, short rib
130  4  Chuck, short rib
160  1  Round, bone-in                    0           0
161  1  Round, boneless                   0           0
167A 4  Round, knuckle, peeled            3       8,315   233.50  256.50  239.64
168  1  Round, top inside round           0           0
168  3  Round, top inside round           3      10,931   207.00  216.50  209.22
169  5  Round, top inside, denuded        0           0
169A 5  Round, top inside, cap off
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck
171B 3  Round, outside round
171C 3  Round, eye of round (IM)          3       4,197   227.00  241.50  233.62
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            7      17,240   390.00  415.00  403.26
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless          3       8,710   320.00  329.00  327.07
184B 3  Loin, top butt, CC (IM)           0           0
185A 4  Loin, bottom sirloin, flap (IM)
185B 1  Loin, ball-tip, bnls, heavy       3       2,935   220.00  236.50  227.64
185C 1  Loin, sirloin, tri-tip (IM)
185D 4  Loin, tri-tip, pld (IM)           0           0
189A 4  Loin, tndrloin, trmd, heavy
191A 4  Loin, butt tender, trimmed        3       5,938  1110.09 1203.49 1178.33
193  4  Flank, flank steak (IM)           0           0
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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)
121C 4  Plate, Outside Skirt (IM)         9      16,523   580.00  623.70  608.80
121E 6  Outside Skirt, pld (IM)           0           0
        Cap, Wedge Meat & (IM) Lean      11      44,527   300.00  308.75  304.58
        Pectoral Meat                     4      14,488   308.60  321.00  313.87
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73%                           8     121,504   136.00  164.25  153.82
Ground Beef 75%
Ground Beef 81%                          14      97,314   155.00  180.00  164.64
Ground Beef 85%
Ground Beef 90%
Ground Beef 93%                           6      97,127   288.81  302.00  291.12
Ground Beef Chuck 80%                     8     117,504   170.50  196.25  188.89
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%
Blended Ground Beef 81%
Blended Ground Beef 85%
Blended Ground Beef 90%
Blended Ground Beef 93%
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                  0           0
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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