National Daily Boxed Beef Cutout & Boxed Beef Cuts - Negotiated Sales
LM_XB402
Des Moines, IA                  Fri, Oct 06, 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
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Current Cutout Values:                          197.39         188.15
Change from prior day:                            0.14         (0.63)
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Choice/Select spread:                                    9.24

Total Load Count (Cuts, Trimmings, Grinds):                78
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COMPOSITE PRIMAL VALUES
 Primal Rib                                     335.72         296.61
 Primal Chuck                                   170.63         170.66
 Primal Round                                   171.98         171.16
 Primal Loin                                    240.06         219.80
 Primal Brisket                                 155.85         151.76
 Primal Short Plate                             117.81         117.81
 Primal Flank                                    91.74          88.99
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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
10/05    65    44     6    22    138            197.25         188.78
10/04    48    23    16    32    118            197.41         189.55
10/03    57    26    12    20    114            197.87         189.02
10/02    47    27    12    15    100            197.22         188.28
09/29    59    28     8    25    120            196.62         188.50
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Current 5 Day Simple Average:                   197.27         188.83
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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             29.41  loads          1,176,252  pounds
 Select Cuts             13.85  loads            553,918  pounds
 Trimmings               12.09  loads            483,774  pounds
 Ground Beef             22.95  loads            917,815  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
112A 3  Rib, ribeye, bnls, light
112A 3  Rib, ribeye, bnls, heavy          8      23,550   685.00  774.65  722.93
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod
114A 3  Chuck, shoulder clod, trmd        8      63,879   203.66  220.25  209.10
114D 3  Chuck, clod, top blade
114E 3  Chuck, clod, arm roast            4      54,784   255.75  275.00  264.91
114F 5  Chuck, clod tender (IM)           8      10,196   345.00  350.71  346.79
116A 3  Chuck, roll, lxl, neck/off       14      35,392   323.69  345.00  331.75
116B 1  Chuck, chuck tender (IM)         10      37,766   217.75  236.19  228.01
     3  Chuck roll, retail ready          0           0
116G 4  Chuck, flap (IM)                  3       8,374   540.00  550.24  545.30
120  1  Brisket, deckle-off, bnls         5      11,876   224.71  246.50  230.79
120A 3  Brisket, point/off, bnls          4       5,403   425.00  434.00  426.30
123A 3  Short Plate, short rib            4       2,094   479.50  502.00  493.44
130  4  Chuck, short rib                 11      25,242   320.00  359.00  341.50
160  1  Round, bone-in
161  1  Round, boneless                   0           0
167A 4  Round, knuckle, peeled           23      62,900   224.00  251.25  231.58
168  1  Round, top inside round           6       9,479   200.00  235.81  209.94
168  3  Round, top inside round          12      94,257   210.00  227.63  214.20
169  5  Round, top inside, denuded       14      47,507   247.08  281.25  251.88
169A 5  Round, top inside, cap off        6      57,298   273.33  290.00  276.27
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck
171B 3  Round, outside round             13     112,628   211.00  241.25  215.51
171C 3  Round, eye of round (IM)         12      26,157   270.00  277.25  274.32
174  3  Loin, short loin, 0x1            10      28,426   433.71  449.00  441.96
175  3  Loin, strip loin, 1x1
     1  Loin, strip loin bnls. 1x1        6       5,263   430.00  462.00  445.95
180  3  Loin, strip, bnls, 0x1           14      28,168   514.00  540.00  520.41
184  1  Loin, top butt, bnls, heavy       8      29,790   225.00  242.89  230.87
184  3  Loin, top butt, boneless         11      41,809   250.00  272.25  260.36
184B 3  Loin, top butt, CC (IM)           0           0
185A 4  Loin, bottom sirloin, flap        8      18,470   404.00  422.75  415.53
185B 1  Loin, ball-tip, bnls, heavy      12      43,835   210.00  230.45  219.48
185C 1  Loin, sirloin, tri-tip (IM)      11      41,465   238.00  276.23  254.70
185D 4  Loin, tri-tip, pld (IM)
189A 4  Loin, tndrloin, trmd, heavy      19     134,619   899.66  962.97  905.85
191A 4  Loin, butt tender, trimmed        4      21,751   820.00  917.00  870.20
193  4  Flank, flank steak (IM)           8      12,725   421.75  442.75  428.07
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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
112A 3  Rib, ribeye, bnls, light
112A 3  Rib, ribeye, bnls, heavy          6      24,995   644.71  683.50  660.47
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod              3       8,809   200.00  212.88  211.40
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)           4       9,772   330.00  350.71  332.93
116A 3  Chuck, roll, lxl, neck/off        6      22,343   325.00  354.00  337.96
116B 1  Chuck, chuck tender (IM)          3       4,845   225.00  233.37  229.15
     3  Chuck roll, retail ready
116G 4  Chuck, flap (IM)
120  1  Brisket, deckle-off, bnls         4       3,925   234.56  250.00  235.95
120A 3  Brisket, point/off, bnls          0           0
123A 3  Short Plate, short rib            0           0
130  4  Chuck, short rib                  3       6,186   319.51  344.00  323.44
160  1  Round, bone-in                    0           0
161  1  Round, boneless                   0           0
167A 4  Round, knuckle, peeled            5      18,071   227.00  238.00  230.75
168  1  Round, top inside round           5       9,502   200.00  235.81  214.03
168  3  Round, top inside round           3       4,057   209.00  222.00  216.70
169  5  Round, top inside, denuded
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              4      10,842   229.00  235.45  229.88
171C 3  Round, eye of round (IM)
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            3       2,731   435.00  435.00  435.00
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless
184B 3  Loin, top butt, CC (IM)           0           0
185A 4  Loin, bottom sirloin, flap        3      24,995   370.00  396.00  370.72
185B 1  Loin, ball-tip, bnls, heavy
185C 1  Loin, sirloin, tri-tip (IM)      12     160,333   240.00  255.00  247.52
185D 4  Loin, tri-tip, pld (IM)
189A 4  Loin, tndrloin, trmd, heavy       9      53,211   859.90  908.43  872.84
191A 4  Loin, butt tender, trimmed
193  4  Flank, flank steak (IM)           3      10,895   390.00  390.00  390.00
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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)          9      28,343   341.51  359.00  345.58
121C 4  Plate, Outside Skirt (IM)        14      29,179   435.28  510.00  457.96
121E 6  Outside Skirt, pld (IM)           5       5,548   715.00  727.00  724.11
        Cap, Wedge Meat & (IM) Lean      14      34,540   242.90  280.00  255.44
        Pectoral Meat                    11      16,055   250.00  283.50  264.28
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73%                          10     108,248   125.00  145.27  127.12
Ground Beef 75%
Ground Beef 81%                          35     235,686   145.00  190.96  156.88
Ground Beef 85%
Ground Beef 90%                           0           0
Ground Beef 93%                           7      88,921   290.00  300.96  297.71
Ground Beef Chuck 80%                     8     146,098   165.00  172.72  169.32
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%
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                 13     279,054    42.00   49.00   45.06
Frozen 50% lean trimmings
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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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