National Daily Boxed Beef Cutout & Boxed Beef Cuts - Negotiated Sales
USDA - Fri Mar 15, 4:05PM CDT
LM_XB403
Des Moines, IA                  Fri, Mar 15, 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 weak to lower on light to moderate demand and moderate 
offerings. Choice rib and loin cuts firm while chuck and round cuts weak to lower. 
Select rib and round cuts firm while chuck and loin cuts weak to lower. Beef 
trimmings mostly sharply higher on good demand and moderate offerings.  	


                                                CHOICE         SELECT
                                                600-900        600-900
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Current Cutout Values:                          226.99         217.34
Change from prior day:                          (0.71)         (1.42)
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Choice/Select spread:                                    9.65
Total Load Count (Cuts, Trimmings, Grinds):               103

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COMPOSITE PRIMAL VALUES
 Primal Rib                                     375.00         334.59
 Primal Chuck                                   180.11         177.24
 Primal Round                                   178.37         185.17
 Primal Loin                                    307.77         281.24
 Primal Brisket                                 197.27         197.56
 Primal Short Plate                             166.14         166.14
 Primal Flank                                   122.08         119.40
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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
03/14    74    17     9    18    118            227.70         218.76
03/13    62    28     9    19    118            228.24         219.28
03/12    59    12    10    16     97            228.22         220.35
03/11    46    14    13    10     83            227.36         219.63
03/08    67     9     0    19     95            226.13         218.78
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Current 5 Day Simple Average:                   227.53         219.36
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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             63.25  loads          2,530,159  pounds
 Select Cuts             15.37  loads            614,752  pounds
 Trimmings               11.30  loads            451,963  pounds
 Ground Beef             12.88  loads            515,191  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       10      87,621   700.24  741.50  708.23
112A 3  Rib, ribeye, bnls, light          9      20,340   795.00  848.22  813.89
112A 3  Rib, ribeye, bnls, heavy         14      47,127   780.00  837.66  803.63
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod             10      31,677   205.00  224.98  214.33
114A 3  Chuck, shoulder clod, trmd       19     190,338   220.00  240.00  225.65
114D 3  Chuck, clod, top blade            3       7,324   367.93  373.55  370.88
114E 3  Chuck, clod, arm roast
114F 5  Chuck, clod tender (IM)           5       5,365   525.00  536.15  527.81
116A 3  Chuck, roll, lxl, neck/off       13      24,704   271.00  287.25  283.12
116B 1  Chuck, chuck tender (IM)          7      12,340   246.00  257.55  248.49
     3  Chuck roll, retail ready          0           0
116G 4  Chuck, flap (IM)                  3       3,735   541.41  569.64  561.63
120  1  Brisket, deckle-off, bnls        23     115,354   265.00  301.50  274.54
120A 3  Brisket, point/off, bnls          5       7,201   460.00  494.50  469.40
123A 3  Short Plate, short rib           16      22,025   522.07  582.25  562.95
130  4  Chuck, short rib                  8      13,840   330.28  399.60  345.28
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled           39     388,160   235.00  285.50  247.66
168  1  Round, top inside round           9     190,425   216.00  230.00  217.02
168  3  Round, top inside round          18      94,559   222.00  236.08  226.92
169  5  Round, top inside, denuded       10      67,279   259.95  282.25  262.84
169A 5  Round, top inside, cap off        4       2,343   293.00  318.74  302.35
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck           4      12,675   195.33  226.25  201.75
171B 3  Round, outside round             25     335,657   212.30  256.75  224.12
171C 3  Round, eye of round (IM)         35     163,249   243.00  290.11  266.42
174  3  Loin, short loin, 0x1             9      58,420   568.00  633.25  570.47
175  3  Loin, strip loin, 1x1             5     104,118   595.72  603.15  600.41
     1  Loin, strip loin bnls. 1x1        3       3,221   582.00  582.00  582.00
180  3  Loin, strip, bnls, 0x1           28     119,917   640.00  715.00  668.69
184  1  Loin, top butt, bnls, heavy       4       7,136   345.00  350.64  346.89
184  3  Loin, top butt, boneless         16      59,912   345.00  381.65  364.10
184B 3  Loin, top butt, CC (IM)
185A 4  Loin, bottom sirloin, flap       15      41,857   482.00  525.00  498.39
185B 1  Loin, ball-tip, bnls, heavy      10      32,563   267.00  296.75  281.13
185C 1  Loin, sirloin, tri-tip (IM)       5      38,436   315.00  375.64  318.34
185D 4  Loin, tri-tip, pld (IM)           4       5,258   440.00  511.50  448.86
189A 4  Loin, tndrloin, trmd, heavy      17      32,198  1000.00 1166.50 1018.39
191A 4  Loin, butt tender, trimmed        4       5,138   913.00  990.00  922.87
193  4  Flank, flank steak (IM)          10      23,137   505.47  546.50  521.25
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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        6      33,794   598.50  650.06  602.36
112A 3  Rib, ribeye, bnls, light          5      14,354   670.00  725.06  679.57
112A 3  Rib, ribeye, bnls, heavy          7      45,150   689.50  757.00  700.60
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod              9      48,382   221.37  229.79  223.32
114A 3  Chuck, shoulder clod, trmd
114D 3  Chuck, clod, top blade            0           0
114E 3  Chuck, clod, arm roast            0           0
114F 5  Chuck, clod tender (IM)           3       6,812   475.00  482.98  477.03
116A 3  Chuck, roll, lxl, neck/off        8      48,677   265.02  280.42  276.50
116B 1  Chuck, chuck tender (IM)          3      13,937   248.00  253.99  251.54
     3  Chuck roll, retail ready
116G 4  Chuck, flap (IM)
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      12,928   268.99  280.00  276.71
168  1  Round, top inside round           3      48,406   217.00  224.98  223.81
168  3  Round, top inside round           5       4,090   222.50  234.50  228.76
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
171B 3  Round, outside round              6      13,602   240.98  255.50  249.50
171C 3  Round, eye of round (IM)
174  3  Loin, short loin, 0x1             5      13,498   492.00  548.50  521.97
175  3  Loin, strip loin, 1x1
     1  Loin, strip loin bnls. 1x1        0           0
180  3  Loin, strip, bnls, 0x1            9      22,267   520.00  564.11  522.66
184  1  Loin, top butt, bnls, heavy       3       1,778   341.50  345.00  343.42
184  3  Loin, top butt, boneless          8      18,528   342.00  362.50  350.34
184B 3  Loin, top butt, CC (IM)
185A 4  Loin, bottom sirloin, flap        4       8,188   486.00  498.92  486.99
185B 1  Loin, ball-tip, bnls, heavy       3       1,161   267.65  274.50  271.63
185C 1  Loin, sirloin, tri-tip (IM)       3      33,004   310.00  336.45  314.23
185D 4  Loin, tri-tip, pld (IM)           0           0
189A 4  Loin, tndrloin, trmd, heavy       8      43,442   975.00 1020.00  984.62
191A 4  Loin, butt tender, trimmed
193  4  Flank, flank steak (IM)           5       5,303   505.00  512.25  507.33
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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)          7      12,293   451.75  471.25  463.30
121C 4  Plate, Outside Skirt (IM)         6       5,011   746.79  791.75  758.12
121E 6  Outside Skirt, pld (IM)           7      11,917  1029.37 1140.00 1087.51
        Cap, Wedge Meat & (IM) Lean      13     111,544   304.00  323.22  310.26
        Pectoral Meat                    11      17,154   309.50  334.99  319.98
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73%                           9     106,956   160.00  191.25  167.90
Ground Beef 75%
Ground Beef 81%                          16      82,018   184.00  207.35  196.54
Ground Beef 85%
Ground Beef 90%                           0           0
Ground Beef 93%                           8      78,845   285.00  310.77  304.04
Ground Beef Chuck 80%                     7     101,839   190.00  216.50  201.08
Ground Beef Round 85%
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%                   0           0
Blended Ground Beef 93%                   0           0
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                 17     451,963    79.00   85.75   83.09
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
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