National Daily Boxed Beef Cutout & Boxed Beef Cuts - Negotiated Sales
LM_XB402
Des Moines, IA                  Mon, Apr 16, 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:                          212.14         200.55
Change from prior day:                          (0.47)           0.64
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Choice/Select spread:                                   11.59

Total Load Count (Cuts, Trimmings, Grinds):                57
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COMPOSITE PRIMAL VALUES
 Primal Rib                                     345.91         301.25
 Primal Chuck                                   170.38         167.86
 Primal Round                                   166.34         165.12
 Primal Loin                                    282.96         257.49
 Primal Brisket                                 178.34         173.25
 Primal Short Plate                             170.59         170.59
 Primal Flank                                   119.82         125.47
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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
04/13    63    22     7    15    107            212.61         199.91
04/12    64    51     8    13    137            212.48         200.67
04/11    68    34     9    25    136            213.07         200.61
04/10    77    59     9    19    163            213.51         201.33
04/09    30    32     0    16     79            215.04         203.14
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Current 5 Day Simple Average:                   213.34         201.13
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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             31.27  loads          1,250,812  pounds
 Select Cuts             10.68  loads            427,203  pounds
 Trimmings                0.00  loads                  0  pounds
 Ground Beef             14.81  loads            592,452  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        7      13,055   666.00  690.00  668.12
112A 3  Rib, ribeye, bnls, light         15      56,379   727.13  794.00  735.11
112A 3  Rib, ribeye, bnls, heavy         10      37,162   726.96  758.15  731.89
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod              4      59,909   194.00  213.74  198.96
114A 3  Chuck, shoulder clod, trmd       15     219,295   209.76  229.00  210.72
114D 3  Chuck, clod, top blade            3       3,045   370.55  390.00  381.49
114E 3  Chuck, clod, arm roast            9      42,570   215.00  237.00  216.42
114F 5  Chuck, clod tender (IM)           5       6,090   616.02  650.75  630.01
116A 3  Chuck, roll, lxl, neck/off        9      20,372   275.25  298.00  284.29
116B 1  Chuck, chuck tender (IM)          7       5,058   202.13  215.65  206.98
     3  Chuck roll, retail ready
116G 4  Chuck, flap (IM)                 11      10,615   535.64  567.00  548.36
120  1  Brisket, deckle-off, bnls         7      44,520   252.00  271.00  253.05
120A 3  Brisket, point/off, bnls          6       5,878   456.64  460.00  459.21
123A 3  Short Plate, short rib            9       9,810   541.67  560.00  554.06
130  4  Chuck, short rib                 13      17,695   343.75  400.00  376.21
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled           16      19,483   218.28  234.00  227.66
168  1  Round, top inside round           4       2,814   211.00  222.85  214.84
168  3  Round, top inside round          11      35,301   210.00  243.00  218.07
169  5  Round, top inside, denuded        4       5,400   233.00  262.00  255.55
169A 5  Round, top inside, cap off        6      10,817   294.70  310.41  296.96
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck           4       5,068   183.55  201.75  187.82
171B 3  Round, outside round             15     108,298   195.00  210.00  196.60
171C 3  Round, eye of round (IM)          9       7,703   213.28  235.65  220.23
174  3  Loin, short loin, 0x1             6       5,025   535.15  572.41  558.78
175  3  Loin, strip loin, 1x1
     1  Loin, strip loin bnls. 1x1
180  3  Loin, strip, bnls, 0x1            6      10,979   620.00  655.00  624.55
184  1  Loin, top butt, bnls, heavy       3       4,729   320.00  325.00  320.68
184  3  Loin, top butt, boneless         12      28,797   320.00  350.15  339.14
184B 3  Loin, top butt, CC (IM)
185A 4  Loin, bottom sirloin, flap        5       6,753   557.30  575.00  565.48
185B 1  Loin, ball-tip, bnls, heavy      16     151,907   214.46  264.15  240.12
185C 1  Loin, sirloin, tri-tip (IM)       5     113,279   255.00  287.77  256.02
185D 4  Loin, tri-tip, pld (IM)           6       6,624   373.55  422.02  401.31
189A 4  Loin, tndrloin, trmd, heavy       7       4,713   880.00  890.99  880.74
191A 4  Loin, butt tender, trimmed
193  4  Flank, flank steak (IM)           7      10,211   519.61  537.28  530.46
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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      22,883   529.59  555.15  534.64
112A 3  Rib, ribeye, bnls, light
112A 3  Rib, ribeye, bnls, heavy          4       4,953   665.55  706.25  673.21
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod              6      94,632   197.45  210.00  198.75
114A 3  Chuck, shoulder clod, trmd        3      23,723   196.34  221.68  208.03
114D 3  Chuck, clod, top blade            0           0
114E 3  Chuck, clod, arm roast            0           0
114F 5  Chuck, clod tender (IM)           4       2,842   539.57  544.28  542.63
116A 3  Chuck, roll, lxl, neck/off        6      18,663   264.00  275.00  268.08
116B 1  Chuck, chuck tender (IM)          3       2,285   205.00  208.55  207.06
     3  Chuck roll, retail ready          0           0
116G 4  Chuck, flap (IM)                 14      14,722   533.53  543.00  536.87
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                  3       4,333   340.09  366.00  359.66
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled            5      18,341   218.28  235.00  222.07
168  1  Round, top inside round
168  3  Round, top inside round           6      23,467   210.00  225.00  216.98
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           5       6,385   177.09  192.15  184.90
171B 3  Round, outside round              6      27,296   195.20  211.00  196.60
171C 3  Round, eye of round (IM)
174  3  Loin, short loin, 0x1             7      12,683   490.00  530.55  524.39
175  3  Loin, strip loin, 1x1             0           0
     1  Loin, strip loin bnls. 1x1
180  3  Loin, strip, bnls, 0x1            7      12,897   471.00  518.17  489.08
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless          5      31,141   318.51  356.80  326.81
184B 3  Loin, top butt, CC (IM)           0           0
185A 4  Loin, bottom sirloin, flap        3       7,057   545.09  561.00  555.17
185B 1  Loin, ball-tip, bnls, heavy       0           0
185C 1  Loin, sirloin, tri-tip (IM)
185D 4  Loin, tri-tip, pld (IM)           0           0
189A 4  Loin, tndrloin, trmd, heavy       0           0
191A 4  Loin, butt tender, trimmed        4       2,706   836.75  892.48  847.43
193  4  Flank, flank steak (IM)
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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            4       9,254   120.00  175.00  143.43
121D 4  Plate, Inside Skirt (IM)          8      19,907   430.36  465.45  439.01
121C 4  Plate, Outside Skirt (IM)         8       7,396   720.00  816.75  745.89
121E 6  Outside Skirt, pld (IM)          11      22,569   942.04  979.02  950.40
        Cap, Wedge Meat & (IM) Lean      13      26,123   264.00  275.00  269.22
        Pectoral Meat                     7      27,333   260.00  285.00  264.09
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73%                          10      92,186   144.33  165.75  155.75
Ground Beef 75%
Ground Beef 81%                          17     224,888   168.17  195.00  172.73
Ground Beef 85%
Ground Beef 90%
Ground Beef 93%                           3      17,511   290.00  320.99  309.54
Ground Beef Chuck 80%                     3      16,401   188.00  196.00  189.25
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%
Blended Ground Beef 93%
Blended Ground Beef Chuck 80%
Blended Ground Beef Round 85%
Blended Ground Beef Sirloin 90%
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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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