National Daily Boxed Beef Cutout & Boxed Beef Cuts - Negotiated Sales
USDA - Thu May 16, 11:01AM CDT
LM_XB403
Des Moines, IA                  Thu, May 16, 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 moderate demand and offerings. Select and 
Choice rib, round, and loin cuts steady to weak while chuck cuts steady to firm. 
Beef trimmings sharply higher on good demand and moderate offerings

                                                CHOICE         SELECT
                                                600-900        600-900
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Current Cutout Values:                          219.56         207.88
Change from prior day:                          (0.01)         (0.16)
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Choice/Select spread:                                   11.68
Total Load Count (Cuts, Trimmings, Grinds):               145

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COMPOSITE PRIMAL VALUES
 Primal Rib                                     358.90         325.55
 Primal Chuck                                   172.25         169.35
 Primal Round                                   163.79         163.52
 Primal Loin                                    308.67         277.40
 Primal Brisket                                 201.80         201.53
 Primal Short Plate                             159.82         159.82
 Primal Flank                                   122.71         113.73
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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
05/15    70    35    19    20    143            219.57         208.04
05/14    69    33     9    15    126            220.12         208.97
05/13    40    23    12    14     89            221.58         208.89
05/10    47    28    11    25    111            221.11         207.46
05/09    90    27     7    57    181            222.47         207.08
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Current 5 Day Simple Average:                   220.97         208.09
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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             62.86  loads          2,514,237  pounds
 Select Cuts             32.84  loads          1,313,642  pounds
 Trimmings               13.86  loads            554,478  pounds
 Ground Beef             35.34  loads          1,413,629  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       14      64,056   662.05  708.00  668.16
112A 3  Rib, ribeye, bnls, light         17     174,347   762.00  780.00  765.19
112A 3  Rib, ribeye, bnls, heavy         32      71,050   762.00  827.92  791.12
113C 1  Chuck, semi-bnls, neck/off        5      38,223   215.00  226.25  219.55
114  1  Chuck, shoulder clod             11      24,175   210.50  235.00  218.12
114A 3  Chuck, shoulder clod, trmd        7      36,767   224.00  235.00  229.47
114D 3  Chuck, clod, top blade            4       6,730   348.96  380.00  351.35
114E 3  Chuck, clod, arm roast            6      67,554   243.00  250.00  244.33
114F 5  Chuck, clod tender (IM)           9       8,622   320.00  385.52  349.70
116A 3  Chuck, roll, lxl, neck/off       31     174,554   250.50  266.00  258.28
116B 1  Chuck, chuck tender (IM)         14      43,181   210.00  225.00  212.09
     3  Chuck roll, retail ready          4       9,170   283.00  294.55  285.60
116G 4  Chuck, flap (IM)                 12      63,420   530.40  586.18  562.71
120  1  Brisket, deckle-off, bnls        12      19,570   285.50  296.00  290.40
120A 3  Brisket, point/off, bnls          9       9,750   474.90  505.94  486.88
123A 3  Short Plate, short rib            9      21,655   526.00  570.00  548.28
130  4  Chuck, short rib                 12      34,464   325.40  368.87  335.33
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled           30     273,867   214.10  241.25  220.05
168  1  Round, top inside round           4       9,294   203.00  203.00  203.00
168  3  Round, top inside round          16     200,352   202.00  223.87  203.17
169  5  Round, top inside, denuded        6      14,854   241.41  254.64  246.27
169A 5  Round, top inside, cap off        5      13,609   264.41  296.50  275.81
     3  Round, top inside, side off
170  1  Round, bottom gooseneck           6       5,312   186.25  196.50  192.18
171B 3  Round, outside round             21      99,996   204.00  221.00  208.02
171C 3  Round, eye of round (IM)         28      58,746   209.03  240.00  217.98
174  3  Loin, short loin, 0x1            14     117,361   559.19  602.00  564.87
175  3  Loin, strip loin, 1x1             6     200,628   558.59  601.79  561.53
     1  Loin, strip loin bnls. 1x1        0           0
180  3  Loin, strip, bnls, 0x1           20      88,779   700.00  762.00  723.85
184  1  Loin, top butt, bnls, heavy       4       8,298   320.00  332.00  322.76
184  3  Loin, top butt, boneless         10      18,839   325.00  340.00  333.26
184B 3  Loin, top butt, CC (IM)
185A 4  Loin, bottom sirloin, flap       17     107,695   500.00  591.09  526.24
185B 1  Loin, ball-tip, bnls, heavy       6      14,220   270.00  280.00  275.35
185C 1  Loin, sirloin, tri-tip (IM)      11       5,107   411.25  435.00  429.27
185D 4  Loin, tri-tip, pld (IM)           6      16,729   576.03  587.00  577.75
189A 4  Loin, tndrloin, trmd, heavy      23      83,183   941.03 1021.25  964.67
191A 4  Loin, butt tender, trimmed
193  4  Flank, flank steak (IM)          10      34,860   519.34  556.25  528.07
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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       2,409   625.00  678.91  637.19
112A 3  Rib, ribeye, bnls, light         15     134,777   644.69  691.38  649.29
112A 3  Rib, ribeye, bnls, heavy         12      27,009   649.50  750.00  708.63
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod
114A 3  Chuck, shoulder clod, trmd        7      28,627   224.04  246.50  229.15
114D 3  Chuck, clod, top blade            0           0
114E 3  Chuck, clod, arm roast            0           0
114F 5  Chuck, clod tender (IM)           7      12,089   326.18  339.37  331.96
116A 3  Chuck, roll, lxl, neck/off       14      36,202   249.03  263.50  255.99
116B 1  Chuck, chuck tender (IM)          9      24,254   206.21  236.50  215.73
     3  Chuck roll, retail ready
116G 4  Chuck, flap (IM)                  5       7,451   498.96  553.99  526.94
120  1  Brisket, deckle-off, bnls        10      18,565   280.00  295.00  291.00
120A 3  Brisket, point/off, bnls          0           0
123A 3  Short Plate, short rib
130  4  Chuck, short rib                  3       9,298   318.32  342.75  323.96
160  1  Round, bone-in
161  1  Round, boneless                   0           0
167A 4  Round, knuckle, peeled           15      96,063   214.10  246.50  217.32
168  1  Round, top inside round
168  3  Round, top inside round           7      24,653   203.26  226.50  207.62
169  5  Round, top inside, denuded        3       6,584   229.79  258.50  231.44
169A 5  Round, top inside, cap off        3       8,460   273.00  274.00  273.79
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck           0           0
171B 3  Round, outside round              3      14,325   205.00  210.00  208.94
171C 3  Round, eye of round (IM)          4      10,850   216.00  220.61  218.04
174  3  Loin, short loin, 0x1             5      27,542   486.83  496.00  494.55
175  3  Loin, strip loin, 1x1
     1  Loin, strip loin bnls. 1x1
180  3  Loin, strip, bnls, 0x1           10      26,613   564.00  585.00  574.83
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless         17      77,861   299.00  330.55  315.59
184B 3  Loin, top butt, CC (IM)           5     109,800   390.00  400.00  395.67
185A 4  Loin, bottom sirloin, flap (IM)
185B 1  Loin, ball-tip, bnls, heavy       6      35,066   220.55  238.96  225.45
185C 1  Loin, sirloin, tri-tip (IM)
185D 4  Loin, tri-tip, pld (IM)           0           0
189A 4  Loin, tndrloin, trmd, heavy      13      47,112   870.00  950.00  880.40
191A 4  Loin, butt tender, trimmed        5      25,785   875.00  901.43  879.22
193  4  Flank, flank steak (IM)           5      17,259   480.93  500.50  483.60
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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            0           0
121D 4  Plate, Inside Skirt (IM)         17     210,167   419.00  458.50  427.43
121C 4  Plate, Outside Skirt (IM)        19      62,225   627.62  831.50  686.84
121E 6  Outside Skirt, pld (IM)           4      11,091   825.05  862.92  849.15
        Cap, Wedge Meat & (IM) Lean      25     151,874   269.70  317.00  274.06
        Pectoral Meat                    23     143,846   273.00  313.50  279.27
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73%                          17     159,676   158.35  201.47  170.19
Ground Beef 75%
Ground Beef 81%                          39     121,691   177.00  227.25  198.47
Ground Beef 85%                           0           0
Ground Beef 90%
Ground Beef 93%                           8      18,477   305.00  315.45  305.19
Ground Beef Chuck 80%                    13     121,737   192.00  220.25  198.83
Ground Beef Round 85%                     6      31,949   240.00  256.00  249.20
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%                   0           0
Blended Ground Beef 93%
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     554,478    77.05   93.45   81.39
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