LM_XB402 Des Moines, IA Fri, May 17, 2013 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 -------------------------------------------------------------------------------- Current Cutout Values: 208.96 192.52 Change from prior day: 0.19 (0.19) -------------------------------------------------------------------------------- Choice/Select spread: 16.44 Total Load Count (Cuts, Trimmings, Grinds): 58 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 318.05 273.94 Primal Chuck 165.84 162.31 Primal Round 164.41 161.13 Primal Loin 313.66 267.31 Primal Brisket 133.47 135.17 Primal Short Plate 141.65 144.90 Primal Flank 114.42 109.33 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 05/16 49 33 6 27 116 208.77 192.71 05/15 66 63 24 42 195 207.95 192.75 05/14 75 55 8 25 163 206.09 192.07 05/13 63 44 14 24 145 205.13 191.83 05/10 86 72 6 13 178 204.98 191.20 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 206.58 192.11 -------------------------------------------------------------------------------- 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 28.91 loads 1,156,284 pounds Select Cuts 21.90 loads 875,838 pounds Trimmings 0.00 loads 0 pounds Ground Beef 7.30 loads 292,063 pounds -------------------------------------------------------------------------------- Choice Cuts, Fat Limitations 1-6 (IM) = Individual Muscle IMPS/FL Sub-Primal # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- 109E 1 Rib, ribeye, lip-on, bn-in 12 66,061 621.74 640.00 632.44 112A 3 Rib, ribeye, bnls, light 4 2,853 702.14 723.99 705.54 112A 3 Rib, ribeye, bnls, heavy 8 16,753 680.27 720.00 702.32 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 5 11,902 208.00 213.00 211.27 114A 3 Chuck, shoulder clod, trmd 10 20,738 217.00 240.00 227.39 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 7 24,152 226.00 258.00 230.51 114F 5 Chuck, clod tender (IM) 6 5,413 400.00 444.00 409.50 115 1 Chuck, 2-piece, boneless 0 0 116A 3 Chuck, roll, lxl, neck/off 20 60,278 225.30 243.00 234.18 116B 1 Chuck, chuck tender (IM) 9 13,299 205.00 215.00 211.71 3 Chuck roll, retail ready 0 0 120 1 Brisket, deckle-off, bnls 13 47,696 188.00 207.00 195.60 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 11 41,053 393.94 488.00 410.84 130 4 Chuck, short rib 18 45,362 295.00 350.00 323.70 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 3 Round, bnls/peeled heel-out 167A 4 Round, knuckle, peeled 30 156,426 225.00 250.00 230.34 168 1 Round, top inside round 9 11,893 208.01 218.00 211.62 168 3 Round, top inside round 12 66,370 216.00 229.00 218.93 169 5 Round, top inside, denuded 16 58,471 245.00 256.00 250.77 3 Round, top inside, side off 170 1 Round, bottom gooseneck 4 4,392 191.00 203.99 195.80 171B 3 Round, outside round 19 64,343 200.00 216.00 207.92 171C 3 Round, eye of round (IM) 16 33,807 205.00 220.00 210.28 174 1 Loin, short loin, 2x3 0 0 174 3 Loin, short loin, 0x1 8 6,078 686.50 712.00 701.60 175 3 Loin, strip loin, 1x1 180 1 Loin, strip, bnls, heavy 0 0 1 Loin, strip loin bnls. 1x1 4 2,423 695.00 728.00 713.26 180 3 Loin, strip, bnls, 0x1 17 66,864 762.14 810.00 796.05 184 1 Loin, top butt, bnls, heavy 6 6,035 330.00 357.00 340.52 184 3 Loin, top butt, boneless 18 58,497 353.75 389.00 361.41 185A 4 Loin, bottom sirloin, flap 11 30,786 503.69 555.00 521.96 185B 1 Loin, ball-tip, bnls, heavy 7 7,147 285.00 312.00 285.50 185C 1 Loin, sirloin, tri-tip (IM) 5 4,213 330.00 351.00 335.53 185D 4 Loin, tri-tip, pld (IM) 5 5,561 435.00 462.00 448.56 189A 4 Loin, tndrloin, trmd, heavy 30 116,433 962.00 1078.00 986.25 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) -------------------------------------------------------------------------------- Select Cuts, Fat Limitations 1-6 (IM) = Individual Muscle IMPS/FL Sub-Primal # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- 109E 1 Rib, ribeye, lip-on, bn-in 4 4,935 521.00 530.00 524.45 112A 3 Rib, ribeye, bnls, light 4 1,478 590.00 595.70 592.57 112A 3 Rib, ribeye, bnls, heavy 10 8,738 581.89 591.00 588.30 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 3 4,387 208.00 215.50 210.89 114A 3 Chuck, shoulder clod, trmd 3 4,894 219.00 240.00 227.78 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 6 5,146 380.00 401.25 393.09 115 1 Chuck, 2-piece, boneless 116A 3 Chuck, roll, lxl, neck/off 17 116,837 225.00 242.00 229.10 116B 1 Chuck, chuck tender (IM) 6 53,418 206.00 213.00 206.99 3 Chuck roll, retail ready 120 1 Brisket, deckle-off, bnls 13 124,626 188.00 208.93 200.00 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 130 4 Chuck, short rib 4 28,310 302.00 320.00 313.08 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 3 Round, bnls/peeled heel-out 0 0 167A 4 Round, knuckle, peeled 5 13,258 216.00 231.00 225.91 168 1 Round, top inside round 13 157,510 198.00 210.10 200.35 168 3 Round, top inside round 12 107,984 210.00 217.00 213.50 169 5 Round, top inside, denuded 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 4 4,866 194.37 199.70 197.58 171B 3 Round, outside round 8 4,862 205.00 218.89 208.51 171C 3 Round, eye of round (IM) 4 6,248 210.00 223.93 212.65 174 1 Loin, short loin, 2x3 0 0 174 3 Loin, short loin, 0x1 3 3,062 570.00 571.00 570.51 175 3 Loin, strip loin, 1x1 180 1 Loin, strip, bnls, heavy 0 0 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 8 25,283 584.00 605.00 592.14 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 9 22,643 315.00 338.93 319.76 185A 4 Loin, bottom sirloin, flap (IM) 185B 1 Loin, ball-tip, bnls, heavy 5 13,413 266.04 270.00 267.31 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 189A 4 Loin, tndrloin, trmd, heavy 9 20,854 875.00 940.00 903.35 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Fresh 0 0 124 4 Rib, Back Ribs, Frozen 4 2,229 100.00 114.75 103.33 121D 4 Plate, Inside Skirt (IM) 16 34,992 369.50 380.00 375.20 121C 4 Plate, Outside Skirt (IM) 10 6,540 455.00 521.00 476.69 121E 6 Outside Skirt, pld (IM) 3 1,367 690.00 784.00 735.02 Cap, Wedge Meat & (IM) Lean 21 106,710 219.02 246.00 227.72 Pectoral Meat 3 5,578 235.00 244.22 238.60 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 9 36,551 167.00 185.50 177.05 Ground Beef 75% 0 0 Ground Beef 81% 8 25,003 179.63 208.00 193.30 Ground Beef 85% 0 0 Ground Beef 90% 0 0 Ground Beef 93% Ground Beef Chuck 80% 11 152,858 185.00 215.00 209.17 Ground Beef Round 85% Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- BLENDED GB - STEER/HEIFER/COW SOURCE - 10 Pound Chub Basis - Coarse & Fine Grind -------------------------------------------------------------------------------- Blended Ground Beef 73% Blended Ground Beef 75% 0 0 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% -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 0 0 Frozen 50% lean trimmings 0 0 -------------------------------------------------------------------------------- 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" -------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- Source: USDA Market News Service, Des Moines, IA 515-284-4460 email: desm.lgmn@usda.gov 24 Hour recorded market information 515-284-4830 http://www.ams.usda.gov/LSMarketNews 1100C .