National Daily Boxed Beef Cutout & Boxed Beef Cuts - Negotiated Sales
LM_XB402
Des Moines, IA                  Wed, Mar 14, 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:                          224.86         217.31
Change from prior day:                            1.13           0.56
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Choice/Select spread:                                    7.55

Total Load Count (Cuts, Trimmings, Grinds):                72
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COMPOSITE PRIMAL VALUES
 Primal Rib                                     366.39         342.75
 Primal Chuck                                   180.59         177.97
 Primal Round                                   175.01         173.86
 Primal Loin                                    304.65         289.99
 Primal Brisket                                 197.67         183.33
 Primal Short Plate                             165.79         165.79
 Primal Flank                                   125.80         125.97
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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
03/13    55    32     8    23    117            223.73         216.75
03/12    46    19    12    14     91            223.90         217.49
03/09    38    13     8    15     74            224.14         217.26
03/08    73    15     0     8     96            223.88         216.78
03/07    89    18    10    19    136            223.57         215.20
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Current 5 Day Simple Average:                   223.85         216.70
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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             37.44  loads          1,497,673  pounds
 Select Cuts             15.85  loads            634,195  pounds
 Trimmings                6.19  loads            247,453  pounds
 Ground Beef             12.05  loads            482,098  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       18       7,786   721.19  750.75  734.87
112A 3  Rib, ribeye, bnls, light          9      33,892   803.00  853.15  810.15
112A 3  Rib, ribeye, bnls, heavy         68      29,319   797.19  844.55  814.32
113C 1  Chuck, semi-bnls, neck/off        3       4,967   221.25  240.75  221.86
114  1  Chuck, shoulder clod
114A 3  Chuck, shoulder clod, trmd       29      48,565   223.00  240.75  227.29
114D 3  Chuck, clod, top blade
114E 3  Chuck, clod, arm roast            4       6,993   245.00  255.00  249.80
114F 5  Chuck, clod tender (IM)           3       1,143   590.00  590.00  590.00
116A 3  Chuck, roll, lxl, neck/off       55      52,809   312.00  331.00  321.15
116B 1  Chuck, chuck tender (IM)         30      75,931   210.00  234.00  214.60
     3  Chuck roll, retail ready
116G 4  Chuck, flap (IM)
120  1  Brisket, deckle-off, bnls        52     138,400   241.04  309.00  277.40
120A 3  Brisket, point/off, bnls          6       6,266   495.00  528.00  521.09
123A 3  Short Plate, short rib           13      22,356   510.97  561.00  521.33
130  4  Chuck, short rib                 33      24,144   325.00  398.90  363.52
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled           60      76,653   234.00  260.75  243.05
168  1  Round, top inside round          31      21,681   213.65  232.00  226.08
168  3  Round, top inside round          20      74,653   218.00  241.00  225.35
169  5  Round, top inside, denuded        6       3,016   265.00  280.75  277.01
169A 5  Round, top inside, cap off        3       1,958   297.17  321.00  312.92
     3  Round, top inside, side off
170  1  Round, bottom gooseneck           6       6,560   190.00  216.00  199.94
171B 3  Round, outside round             58     214,864   208.00  216.00  211.62
171C 3  Round, eye of round (IM)         58      58,514   229.74  262.46  237.83
174  3  Loin, short loin, 0x1            14      89,004   574.49  660.00  578.61
175  3  Loin, strip loin, 1x1             0           0
     1  Loin, strip loin bnls. 1x1        4       3,678   587.00  638.50  604.73
180  3  Loin, strip, bnls, 0x1           59     153,774   640.00  701.50  663.81
184  1  Loin, top butt, bnls, heavy       5       5,256   330.00  349.00  332.47
184  3  Loin, top butt, boneless         37      16,980   342.00  376.00  359.65
184B 3  Loin, top butt, CC (IM)
185A 4  Loin, bottom sirloin, flap       26      32,109   560.00  635.75  584.82
185B 1  Loin, ball-tip, bnls, heavy      12      20,997   320.00  386.50  338.79
185C 1  Loin, sirloin, tri-tip (IM)
185D 4  Loin, tri-tip, pld (IM)           8       2,720   451.00  482.00  459.16
189A 4  Loin, tndrloin, trmd, heavy      39      98,482   938.30 1150.75  995.65
191A 4  Loin, butt tender, trimmed        3       1,346   910.00  937.00  912.49
193  4  Flank, flank steak (IM)           9       6,250   546.50  566.00  554.10
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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        3       2,264   660.20  666.00  664.16
112A 3  Rib, ribeye, bnls, light         10      47,080   740.00  782.25  747.86
112A 3  Rib, ribeye, bnls, heavy          8       7,774   735.19  756.00  746.35
113C 1  Chuck, semi-bnls, neck/off        0           0
114  1  Chuck, shoulder clod              6      87,245   199.00  226.00  200.51
114A 3  Chuck, shoulder clod, trmd        3      11,531   216.00  230.00  222.91
114D 3  Chuck, clod, top blade            0           0
114E 3  Chuck, clod, arm roast            0           0
114F 5  Chuck, clod tender (IM)
116A 3  Chuck, roll, lxl, neck/off       12      10,241   297.71  320.00  304.17
116B 1  Chuck, chuck tender (IM)
     3  Chuck roll, retail ready
116G 4  Chuck, flap (IM)                  0           0
120  1  Brisket, deckle-off, bnls         4     122,300   234.21  300.00  237.25
120A 3  Brisket, point/off, bnls
123A 3  Short Plate, short rib            0           0
130  4  Chuck, short rib                  8       5,148   345.00  345.04  345.03
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled            3      14,426   238.00  244.00  240.60
168  1  Round, top inside round           3      39,389   215.00  223.00  217.06
168  3  Round, top inside round          11      41,806   218.00  235.00  222.93
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              8      51,185   210.00  210.00  210.00
171C 3  Round, eye of round (IM)          6      12,511   228.88  242.15  233.66
174  3  Loin, short loin, 0x1            10      36,975   549.80  566.50  551.06
175  3  Loin, strip loin, 1x1             0           0
     1  Loin, strip loin bnls. 1x1
180  3  Loin, strip, bnls, 0x1            9       6,711   552.19  570.00  566.75
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless         11      18,814   348.25  367.25  354.22
184B 3  Loin, top butt, CC (IM)           0           0
185A 4  Loin, bottom sirloin, flap        7       2,507   563.00  590.00  574.23
185B 1  Loin, ball-tip, bnls, heavy       6      44,923   309.00  340.00  311.92
185C 1  Loin, sirloin, tri-tip (IM)
185D 4  Loin, tri-tip, pld (IM)
189A 4  Loin, tndrloin, trmd, heavy       4       1,478   990.00  990.00  990.00
191A 4  Loin, butt tender, trimmed        3       1,169   907.19  970.20  935.35
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
121D 4  Plate, Inside Skirt (IM)         12      33,399   430.00  455.75  444.86
121C 4  Plate, Outside Skirt (IM)         7       6,351   690.00  778.75  735.89
121E 6  Outside Skirt, pld (IM)           0           0
        Cap, Wedge Meat & (IM) Lean      19      33,692   252.83  280.00  269.06
        Pectoral Meat                    24      62,505   274.00  299.00  282.54
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73%                          14      65,926   154.00  173.00  160.04
Ground Beef 75%
Ground Beef 81%                          41     145,794   180.00  196.50  188.30
Ground Beef 85%                           0           0
Ground Beef 90%                           0           0
Ground Beef 93%                           9      24,802   311.00  323.50  319.29
Ground Beef Chuck 80%                    14     101,318   187.52  215.75  198.33
Ground Beef Round 85%
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%
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                  7     247,453    80.93   86.00   82.47
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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