National Daily Boxed Beef Cutout & Boxed Beef Cuts - Negotiated Sales
LM_XB402
Des Moines, IA                  Mon, Jul 17, 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:                          209.92         196.54
Change from prior day:                            0.57           1.12
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Choice/Select spread:                                   13.38

Total Load Count (Cuts, Trimmings, Grinds):                69
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COMPOSITE PRIMAL VALUES
 Primal Rib                                     316.12         283.53
 Primal Chuck                                   169.67         164.58
 Primal Round                                   175.58         176.99
 Primal Loin                                    289.45         251.59
 Primal Brisket                                 145.34         144.08
 Primal Short Plate                             165.07         165.07
 Primal Flank                                   119.06         108.30
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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
07/14    74    55    11    19    159            209.35         195.42
07/13   151    73     5    27    256            209.85         197.26
07/12    86    47    29    25    187            212.69         198.73
07/11    54    47    18    20    139            215.24         200.51
07/10    75    34     7    18    134            217.54         202.67
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Current 5 Day Simple Average:                   212.93         198.92
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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             38.66  loads          1,546,400  pounds
 Select Cuts             12.30  loads            491,904  pounds
 Trimmings                9.30  loads            372,184  pounds
 Ground Beef              8.42  loads            336,603  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        6      53,343   582.00  626.83  592.52
112A 3  Rib, ribeye, bnls, light          6       5,897   694.00  720.00  716.23
112A 3  Rib, ribeye, bnls, heavy         17      28,195   690.00  720.00  715.62
113C 1  Chuck, semi-bnls, neck/off        0           0
114  1  Chuck, shoulder clod              6      10,905   202.00  215.00  207.62
114A 3  Chuck, shoulder clod, trmd        4       8,052   210.00  227.25  215.46
114D 3  Chuck, clod, top blade            8       7,330   290.00  346.08  325.20
114E 3  Chuck, clod, arm roast            5       3,242   251.83  260.00  257.92
114F 5  Chuck, clod tender (IM)          10       8,266   360.00  386.73  361.38
116A 3  Chuck, roll, lxl, neck/off       15      62,138   234.00  264.25  245.02
116B 1  Chuck, chuck tender (IM)          7      13,629   225.00  232.00  229.76
     3  Chuck roll, retail ready          3      63,775   250.10  252.83  251.58
116G 4  Chuck, flap (IM)                  7       7,925   523.62  524.49  524.21
120  1  Brisket, deckle-off, bnls        23     449,817   201.89  234.25  203.17
120A 3  Brisket, point/off, bnls          7       4,087   355.00  395.00  387.16
123A 3  Short Plate, short rib           15      19,861   519.00  525.00  521.37
130  4  Chuck, short rib                 13      22,996   360.00  385.00  376.94
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled           14      25,188   224.57  245.00  234.47
168  1  Round, top inside round           5       8,219   225.00  237.32  232.14
168  3  Round, top inside round           5      43,665   220.50  241.83  224.07
169  5  Round, top inside, denuded
169A 5  Round, top inside, cap off        8      27,004   310.05  323.00  316.97
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck
171B 3  Round, outside round              9      33,891   207.25  218.53  212.85
171C 3  Round, eye of round (IM)          8      37,995   222.26  245.00  225.46
174  3  Loin, short loin, 0x1             8     202,567   515.00  536.00  519.14
175  3  Loin, strip loin, 1x1             5       5,668   461.00  512.00  467.13
     1  Loin, strip loin bnls. 1x1        3       2,476   546.00  546.00  546.00
180  3  Loin, strip, bnls, 0x1            8       6,617   576.39  607.00  594.73
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless          3      12,412   375.92  386.83  379.09
184B 3  Loin, top butt, CC (IM)
185A 4  Loin, bottom sirloin, flap        9      51,098   445.00  474.80  457.68
185B 1  Loin, ball-tip, bnls, heavy      12      70,749   277.00  305.00  287.11
185C 1  Loin, sirloin, tri-tip (IM)       5       9,669   375.75  451.66  397.32
185D 4  Loin, tri-tip, pld (IM)           3      30,868   479.72  612.00  485.84
189A 4  Loin, tndrloin, trmd, heavy      11      16,796   940.20 1010.00  963.83
191A 4  Loin, butt tender, trimmed
193  4  Flank, flank steak (IM)          10      85,993   452.10  510.00  455.45
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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       1,956   545.00  587.10  558.77
112A 3  Rib, ribeye, bnls, light          5      48,651   580.00  627.82  585.97
112A 3  Rib, ribeye, bnls, heavy          7      24,698   587.00  625.98  599.25
113C 1  Chuck, semi-bnls, neck/off
114  1  Chuck, shoulder clod              4      55,524   188.38  211.00  193.35
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)           6      18,016   270.00  362.22  299.71
116A 3  Chuck, roll, lxl, neck/off        8      19,528   235.00  260.00  238.63
116B 1  Chuck, chuck tender (IM)
     3  Chuck roll, retail ready
116G 4  Chuck, flap (IM)                 20      21,910   462.44  467.94  464.62
120  1  Brisket, deckle-off, bnls         6      62,676   200.81  227.00  203.85
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            8      17,085   226.41  247.00  235.08
168  1  Round, top inside round
168  3  Round, top inside round           4       8,658   235.00  243.52  239.18
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           3       1,554   194.59  210.25  209.56
171B 3  Round, outside round              5      11,834   213.00  223.00  217.59
171C 3  Round, eye of round (IM)          3       3,375   230.25  241.00  233.95
174  3  Loin, short loin, 0x1             5       7,934   427.55  456.32  443.35
175  3  Loin, strip loin, 1x1             0           0
     1  Loin, strip loin bnls. 1x1        0           0
180  3  Loin, strip, bnls, 0x1           12      19,109   420.00  466.47  447.90
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless          6      21,059   283.25  307.25  296.74
184B 3  Loin, top butt, CC (IM)           0           0
185A 4  Loin, bottom sirloin, flap        5      10,721   453.09  476.00  467.91
185B 1  Loin, ball-tip, bnls, heavy
185C 1  Loin, sirloin, tri-tip (IM)       4       6,905   319.81  355.00  340.13
185D 4  Loin, tri-tip, pld (IM)           0           0
189A 4  Loin, tndrloin, trmd, heavy       4       2,629   921.32  950.00  928.03
191A 4  Loin, butt tender, trimmed
193  4  Flank, flank steak (IM)           3      13,491   380.00  411.32  386.10
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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            3       4,606   100.00  130.00  126.41
121D 4  Plate, Inside Skirt (IM)          9      18,373   353.00  386.75  373.08
121C 4  Plate, Outside Skirt (IM)         7       8,620   670.00  720.00  694.76
121E 6  Outside Skirt, pld (IM)           7       6,559   943.00 1080.00 1013.66
        Cap, Wedge Meat & (IM) Lean      20      45,634   220.00  252.00  228.71
        Pectoral Meat                    17      87,797   220.00  260.00  240.47
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73%                           4      36,825   166.00  186.00  170.12
Ground Beef 75%                           0           0
Ground Beef 81%                          10     169,276   174.00  207.00  185.10
Ground Beef 85%
Ground Beef 90%
Ground Beef 93%                           3      16,282   308.82  319.25  313.81
Ground Beef Chuck 80%                     3      16,343   211.00  216.32  216.28
Ground Beef Round 85%                     0           0
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%                   0           0
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                  9     208,384    96.42   98.75   97.45
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
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1100C

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