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

Des Moines, IA - Thu, Dec 07, 2017 - 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:                          205.16         184.25
Change from prior day:                          (1.24)           0.14
--------------------------------------------------------------------------------
Choice/Select spread:                                   20.91

Total Load Count (Cuts, Trimmings, Grinds):                64
--------------------------------------------------------------------------------
COMPOSITE PRIMAL VALUES
 Primal Rib                                     397.36         298.83
 Primal Chuck                                   158.33         154.51
 Primal Round                                   163.43         163.68
 Primal Loin                                    268.18         228.92
 Primal Brisket                                 150.19         146.75
 Primal Short Plate                             123.56         123.56
 Primal Flank                                    97.37          94.89
--------------------------------------------------------------------------------
LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS
                                                CHOICE         SELECT
Date  Choice Select Trim Grinds Total           600-900        600-900
12/06    82    45    19    23    169            206.40         184.11
12/05    61    25    10    14    110            209.08         186.63
12/04    40    22    14    26    101            208.19         185.54
12/01    66    19    18    32    135            205.99         183.61
11/30    99    35    16    40    190            204.64         184.21
--------------------------------------------------------------------------------
Current 5 Day Simple Average:                   206.86         184.82
--------------------------------------------------------------------------------
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             40.94  loads          1,637,679  pounds
 Select Cuts             18.28  loads            731,360  pounds
 Trimmings                0.00  loads                  0  pounds
 Ground Beef              4.72  loads            188,801  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        8       8,807   801.25  812.75  806.75
112A 3  Rib, ribeye, bnls, light          4       7,130   881.50  900.00  892.14
112A 3  Rib, ribeye, bnls, heavy         14      12,766   832.25  880.00  859.28
113C 1  Chuck, semi-bnls, neck/off        3       8,400   195.38  200.00  198.26
114  1  Chuck, shoulder clod             11      38,276   183.50  197.25  192.22
114A 3  Chuck, shoulder clod, trmd       11      41,516   192.09  216.90  203.36
114D 3  Chuck, clod, top blade
114E 3  Chuck, clod, arm roast
114F 5  Chuck, clod tender (IM)           7       2,012   401.50  415.25  413.15
116A 3  Chuck, roll, lxl, neck/off       27     208,610   259.00  286.90  262.70
116B 1  Chuck, chuck tender (IM)         13       9,545   200.00  217.60  211.93
     3  Chuck roll, retail ready
116G 4  Chuck, flap (IM)                  7       7,262   663.69  725.00  681.95
120  1  Brisket, deckle-off, bnls        20      72,743   220.00  235.25  222.23
120A 3  Brisket, point/off, bnls
123A 3  Short Plate, short rib            7      10,578   505.00  535.00  511.93
130  4  Chuck, short rib                 20      38,107   347.25  385.00  361.92
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled           23     106,291   219.50  236.25  223.87
168  1  Round, top inside round          12     192,245   190.39  212.75  191.76
168  3  Round, top inside round           9      49,261   196.27  219.25  200.81
169  5  Round, top inside, denuded        7      11,321   249.25  254.00  251.27
169A 5  Round, top inside, cap off        3       2,364   280.00  300.00  283.31
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck           5      12,778   190.00  216.50  196.43
171B 3  Round, outside round             14      42,314   203.54  235.25  223.27
171C 3  Round, eye of round (IM)         19      46,629   222.00  250.93  228.92
174  3  Loin, short loin, 0x1            11      42,290   463.50  485.00  468.93
175  3  Loin, strip loin, 1x1
     1  Loin, strip loin bnls. 1x1        5      11,237   430.00  441.00  431.68
180  3  Loin, strip, bnls, 0x1           18      50,832   470.00  520.15  485.26
184  1  Loin, top butt, bnls, heavy       5      11,487   282.44  290.00  286.03
184  3  Loin, top butt, boneless         12       9,842   300.00  323.25  313.74
184B 3  Loin, top butt, CC (IM)
185A 4  Loin, bottom sirloin, flap        9      10,868   481.00  515.58  495.02
185B 1  Loin, ball-tip, bnls, heavy      24     392,429   201.46  227.75  206.20
185C 1  Loin, sirloin, tri-tip (IM)      10       7,145   291.50  320.00  298.12
185D 4  Loin, tri-tip, pld (IM)
189A 4  Loin, tndrloin, trmd, heavy      13      21,887  1141.28 1190.00 1150.93
191A 4  Loin, butt tender, trimmed        0           0
193  4  Flank, flank steak (IM)           6       4,120   423.75  440.00  435.65
--------------------------------------------------------------------------------
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        5       1,299   549.44  579.05  566.54
112A 3  Rib, ribeye, bnls, light          3       3,505   620.00  810.00  741.47
112A 3  Rib, ribeye, bnls, heavy         10      10,239   620.00  786.50  673.78
113C 1  Chuck, semi-bnls, neck/off        5       6,633   200.00  202.58  201.20
114  1  Chuck, shoulder clod              7      21,477   193.00  206.25  196.94
114A 3  Chuck, shoulder clod, trmd        3       2,253   200.00  210.00  206.15
114D 3  Chuck, clod, top blade            0           0
114E 3  Chuck, clod, arm roast            0           0
114F 5  Chuck, clod tender (IM)           4       3,480   387.05  405.00  396.66
116A 3  Chuck, roll, lxl, neck/off       12      33,154   255.25  277.49  266.79
116B 1  Chuck, chuck tender (IM)
     3  Chuck roll, retail ready          0           0
116G 4  Chuck, flap (IM)                  3       1,819   585.00  597.51  586.80
120  1  Brisket, deckle-off, bnls         4       6,823   219.95  223.75  222.10
120A 3  Brisket, point/off, bnls          0           0
123A 3  Short Plate, short rib
130  4  Chuck, short rib                  6       7,857   334.84  355.00  349.55
160  1  Round, bone-in                    0           0
161  1  Round, boneless                   0           0
167A 4  Round, knuckle, peeled           10      22,974   224.00  241.02  227.63
168  1  Round, top inside round
168  3  Round, top inside round          12      21,205   202.50  218.00  208.30
169  5  Round, top inside, denuded        4      17,285   234.00  257.00  237.72
169A 5  Round, top inside, cap off
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck           3       2,281   193.19  207.05  202.44
171B 3  Round, outside round             10      36,143   203.54  228.00  212.72
171C 3  Round, eye of round (IM)          8      51,304   228.50  246.26  236.45
174  3  Loin, short loin, 0x1             9      11,102   370.00  420.25  375.38
175  3  Loin, strip loin, 1x1
     1  Loin, strip loin bnls. 1x1        0           0
180  3  Loin, strip, bnls, 0x1           16      19,707   377.00  419.84  394.68
184  1  Loin, top butt, bnls, heavy       7      12,340   220.00  234.00  233.09
184  3  Loin, top butt, boneless         16      44,502   235.75  265.00  244.88
184B 3  Loin, top butt, CC (IM)           0           0
185A 4  Loin, bottom sirloin, flap        5       6,110   475.00  546.50  516.42
185B 1  Loin, ball-tip, bnls, heavy       3      17,020   207.50  220.00  217.70
185C 1  Loin, sirloin, tri-tip (IM)
185D 4  Loin, tri-tip, pld (IM)
189A 4  Loin, tndrloin, trmd, heavy      11      43,970   940.00 1140.50  981.63
191A 4  Loin, butt tender, trimmed        3       1,188   950.00 1041.25  977.08
193  4  Flank, flank steak (IM)
--------------------------------------------------------------------------------
CHOICE, SELECT & UNGRADED CUTS   Fat Limitations 1-6  (IM) = Individual Muscle
--------------------------------------------------------------------------------
124  4  Rib, Back Ribs, Frozen            3      10,630   110.00  140.00  111.98
121D 4  Plate, Inside Skirt (IM)          9      27,883   344.50  370.00  359.75
121C 4  Plate, Outside Skirt (IM)        16      41,117   460.00  576.00  480.15
121E 6  Outside Skirt, pld (IM)
        Cap, Wedge Meat & (IM) Lean      25     257,970   245.00  280.00  252.76
        Pectoral Meat                    14      35,791   260.00  289.00  265.85
--------------------------------------------------------------------------------
GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
--------------------------------------------------------------------------------
Ground Beef 73%                          13      63,280   120.27  130.00  123.17
Ground Beef 75%                           0           0
Ground Beef 81%                          19      37,326   152.60  175.75  159.59
Ground Beef 85%
Ground Beef 90%                           0           0
Ground Beef 93%                           6      22,367   275.95  298.00  289.96
Ground Beef Chuck 80%                     5      33,037   150.00  173.00  156.29
Ground Beef Round 85%
Ground Beef Sirloin 90%
--------------------------------------------------------------------------------
BLENDED GB - STEER/HEIFER/COW SOURCE - 10 Pound Chub Basis - Coarse & Fine Grind
--------------------------------------------------------------------------------
Blended Ground Beef 73%                   0           0
Blended Ground Beef 75%                   0           0
Blended Ground Beef 81%                   0           0
Blended Ground Beef 85%
Blended Ground Beef 90%                   0           0
Blended Ground Beef 93%
Blended Ground Beef Chuck 80%
Blended Ground Beef Round 85%             0           0
Blended Ground Beef Sirloin 90%           0           0
--------------------------------------------------------------------------------
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
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