National Daily Boxed Beef Cutout & Boxed Beef Cuts - Negotiated Sales
LM_XB402
Des Moines, IA                  Fri, Feb 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:                          190.37         189.31
Change from prior day:                            1.15           1.12
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Choice/Select spread:                                    1.06

Total Load Count (Cuts, Trimmings, Grinds):                89
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COMPOSITE PRIMAL VALUES
 Primal Rib                                     280.36         273.09
 Primal Chuck                                   155.74         156.27
 Primal Round                                   169.57         169.86
 Primal Loin                                    251.62         249.54
 Primal Brisket                                 143.63         146.22
 Primal Short Plate                             141.35         141.35
 Primal Flank                                   113.09         109.09
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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
02/16    94    18     2    26    140            189.22         188.19
02/15    93    28     6    36    163            188.34         187.15
02/14    69    27     5    23    124            188.36         187.25
02/13    63    21    10    23    118            188.26         186.58
02/10    55    25    10    16    105            187.63         185.65
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Current 5 Day Simple Average:                   188.36         186.96
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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             60.60  loads          2,423,969  pounds
 Select Cuts             10.91  loads            436,386  pounds
 Trimmings                2.27  loads             90,775  pounds
 Ground Beef             14.93  loads            597,397  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        9      15,741   522.00  566.50  538.57
112A 3  Rib, ribeye, bnls, light          6       8,080   645.00  662.56  651.38
112A 3  Rib, ribeye, bnls, heavy         15      38,914   574.00  629.00  588.59
113C 1  Chuck, semi-bnls, neck/off        6      18,391   194.00  205.00  198.78
114  1  Chuck, shoulder clod              3       2,583   190.00  195.25  191.03
114A 3  Chuck, shoulder clod, trmd        7      32,417   201.00  210.75  206.98
114D 3  Chuck, clod, top blade            0           0
114E 3  Chuck, clod, arm roast
114F 5  Chuck, clod tender (IM)           5       5,013   400.00  400.00  400.00
116A 3  Chuck, roll, lxl, neck/off       22      82,489   231.00  265.52  240.98
116B 1  Chuck, chuck tender (IM)          3      14,650   239.36  252.00  242.88
     3  Chuck roll, retail ready         10      54,447   259.84  264.40  261.55
116G 4  Chuck, flap (IM)
120  1  Brisket, deckle-off, bnls        11      44,146   199.78  212.00  207.41
120A 3  Brisket, point/off, bnls          3       4,010   365.00  370.00  365.18
123A 3  Short Plate, short rib            7      23,186   360.00  492.25  420.18
130  4  Chuck, short rib                  3      10,177   300.55  321.25  301.28
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled           30     133,995   224.78  251.75  229.69
168  1  Round, top inside round           9     134,069   195.25  225.00  218.41
168  3  Round, top inside round           3      13,698   201.00  226.00  205.98
169  5  Round, top inside, denuded       11      63,568   237.84  259.78  243.20
169A 5  Round, top inside, cap off        6      11,654   280.00  304.80  297.52
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck           0           0
171B 3  Round, outside round             14      50,887   195.00  221.50  201.98
171C 3  Round, eye of round (IM)         26     103,709   225.00  266.50  231.97
174  3  Loin, short loin, 0x1            12     308,762   473.84  525.00  506.64
175  3  Loin, strip loin, 1x1            15     495,777   399.67  437.36  408.43
     1  Loin, strip loin bnls. 1x1        0           0
180  3  Loin, strip, bnls, 0x1           24      80,445   499.84  556.50  513.75
184  1  Loin, top butt, bnls, heavy       4       5,109   271.93  301.50  276.21
184  3  Loin, top butt, boneless         16      65,472   276.84  327.25  279.60
184B 3  Loin, top butt, CC (IM)           5     126,882   350.71  390.18  390.14
185A 4  Loin, bottom sirloin, flap       21     324,954   405.00  440.00  415.72
185B 1  Loin, ball-tip, bnls, heavy      10      18,188   239.50  250.00  240.22
185C 1  Loin, sirloin, tri-tip (IM)       5       2,003   275.00  311.50  288.37
185D 4  Loin, tri-tip, pld (IM)           6       5,883   392.51  402.25  396.41
189A 4  Loin, tndrloin, trmd, heavy      15      38,751   900.00  975.00  913.47
191A 4  Loin, butt tender, trimmed
193  4  Flank, flank steak (IM)           6       7,036   478.50  495.00  483.53
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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       2,408   527.00  545.06  530.83
112A 3  Rib, ribeye, bnls, light
112A 3  Rib, ribeye, bnls, heavy         10      25,725   560.80  601.50  571.56
113C 1  Chuck, semi-bnls, neck/off        0           0
114  1  Chuck, shoulder clod              3       5,110   191.50  201.50  197.07
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)
116A 3  Chuck, roll, lxl, neck/off       11      20,828   222.00  251.50  232.45
116B 1  Chuck, chuck tender (IM)          3       4,777   232.50  245.25  241.79
     3  Chuck roll, retail ready          0           0
116G 4  Chuck, flap (IM)                  0           0
120  1  Brisket, deckle-off, bnls         3       2,523   205.59  226.50  216.01
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            7      55,461   222.70  261.50  227.73
168  1  Round, top inside round
168  3  Round, top inside round           5      32,364   210.00  226.50  220.81
169  5  Round, top inside, denuded        3       1,103   221.00  225.00  223.78
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              5      23,810   190.00  218.00  206.72
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            5       5,708   511.00  541.50  523.97
184  1  Loin, top butt, bnls, heavy       0           0
184  3  Loin, top butt, boneless          0           0
184B 3  Loin, top butt, CC (IM)           0           0
185A 4  Loin, bottom sirloin, flap        9     132,401   415.00  486.25  415.67
185B 1  Loin, ball-tip, bnls, heavy
185C 1  Loin, sirloin, tri-tip (IM)       0           0
185D 4  Loin, tri-tip, pld (IM)
189A 4  Loin, tndrloin, trmd, heavy       4       2,538   900.00  910.00  901.64
191A 4  Loin, butt tender, trimmed
193  4  Flank, flank steak (IM)           0           0
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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      19,848   464.00  475.00  473.49
121C 4  Plate, Outside Skirt (IM)        18      25,061   431.59  502.00  471.55
121E 6  Outside Skirt, pld (IM)           0           0
        Cap, Wedge Meat & (IM) Lean      16      79,614   227.00  255.00  235.52
        Pectoral Meat                     7      26,124   235.00  276.50  256.13
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73%                          14     331,850   124.00  146.00  128.26
Ground Beef 75%
Ground Beef 81%                           8      46,997   155.00  176.00  160.22
Ground Beef 85%                           0           0
Ground Beef 90%
Ground Beef 93%
Ground Beef Chuck 80%
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%           0           0
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BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed
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Fresh 50% lean trimmings                  0           0
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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