Des Moines, IA Wed, Jul 09, 2014 USDA Market News National Daily Boxed Beef Cutout and Boxed Beef Cuts - Negotiated Sales Afternoon USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 1:30pm 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. Boxed beef cutout values firm on Choice and weak on Select with moderate demand and offerings. Select and Choice rib, chuck, and round cuts steady to firm, while loins weak. Beef trimmings higher on light to moderate demand and light offerings. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 250.57 242.26 Change from prior day: 0.59 (0.36) -------------------------------------------------------------------------------- Choice/Select spread: 8.30 Total Load Count (Cuts, Trimmings, Grinds): 161 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 375.67 352.92 Primal Chuck 211.28 208.08 Primal Round 208.93 208.82 Primal Loin 327.69 306.75 Primal Brisket 217.69 214.98 Primal Short Plate 181.72 181.72 Primal Flank 153.07 148.43 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 07/08 51 41 20 28 140 249.98 242.62 07/07 46 27 17 27 116 248.18 241.23 07/03 71 33 3 27 134 248.12 241.12 07/02 76 50 5 28 158 247.66 240.12 07/01 48 35 22 27 132 248.13 239.50 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 248.41 240.92 -------------------------------------------------------------------------------- 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 69.27 loads 2,770,860 pounds Select Cuts 47.93 loads 1,917,212 pounds Trimmings 7.54 loads 301,725 pounds Ground Beef 35.88 loads 1,435,031 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 41 40,632 720.48 791.00 747.12 112A 3 Rib, ribeye, bnls, light 20 43,615 757.00 861.00 797.09 112A 3 Rib, ribeye, bnls, heavy 150 101,907 750.00 865.00 819.27 113C 1 Chuck, semi-bnls, neck/off 7 65,495 265.00 292.00 275.27 114 1 Chuck, shoulder clod 9 35,850 271.00 285.00 272.41 114A 3 Chuck, shoulder clod, trmd 48 78,442 264.00 300.50 281.80 114D 3 Chuck, clod, top blade 5 16,650 369.00 388.00 373.40 114E 3 Chuck, clod, arm roast 7 21,667 282.72 320.50 288.55 114F 5 Chuck, clod tender (IM) 11 6,923 591.60 640.00 630.83 115 1 Chuck, 2-piece, boneless 116A 3 Chuck, roll, lxl, neck/off 99 216,603 295.00 315.00 304.54 116B 1 Chuck, chuck tender (IM) 38 63,801 265.00 300.57 274.96 3 Chuck roll, retail ready 120 1 Brisket, deckle-off, bnls 104 115,316 320.00 345.00 333.69 120A 3 Brisket, point/off, bnls 14 8,097 587.00 608.00 594.73 123A 3 Short Plate, short rib 43 46,919 510.00 572.00 542.36 130 4 Chuck, short rib 73 62,863 331.00 377.00 354.47 160 1 Round, bone-in 4 4,643 252.00 257.00 254.61 161 1 Round, boneless 5 4,618 252.61 267.00 262.25 3 Round, bnls/peeled heel-out 0 0 167A 4 Round, knuckle, peeled 111 147,781 281.61 315.00 294.46 168 1 Round, top inside round 114 228,305 254.00 272.00 258.01 168 3 Round, top inside round 36 351,722 260.97 280.00 269.65 169 5 Round, top inside, denuded 9 12,055 301.00 318.00 309.59 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 3 5,022 241.00 245.00 242.71 171B 3 Round, outside round 66 163,790 252.00 281.50 264.99 171C 3 Round, eye of round (IM) 86 160,933 269.00 303.00 274.99 174 1 Loin, short loin, 2x3 174 3 Loin, short loin, 0x1 21 45,062 609.05 708.75 622.38 175 3 Loin, strip loin, 1x1 180 1 Loin, strip, bnls, heavy 1 Loin, strip loin bnls. 1x1 14 10,665 619.00 684.00 638.53 180 3 Loin, strip, bnls, 0x1 136 92,107 644.05 718.00 682.24 184 1 Loin, top butt, bnls, heavy 25 174,178 397.00 428.00 398.98 184 3 Loin, top butt, boneless 48 50,043 406.00 455.00 419.32 185A 4 Loin, bottom sirloin, flap 51 33,747 503.00 566.00 519.35 185B 1 Loin, ball-tip, bnls, heavy 32 41,784 297.00 335.00 310.54 185C 1 Loin, sirloin, tri-tip (IM) 8 35,582 388.88 421.50 395.60 185D 4 Loin, tri-tip, pld (IM) 25 8,497 539.00 555.00 547.85 189A 4 Loin, tndrloin, trmd, heavy 62 37,071 993.00 1117.00 1051.12 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 12 12,265 615.00 643.00 621.92 -------------------------------------------------------------------------------- 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 13 127,816 616.00 756.00 648.29 112A 3 Rib, ribeye, bnls, light 11 7,571 725.00 840.00 808.06 112A 3 Rib, ribeye, bnls, heavy 32 105,617 721.00 840.00 778.41 113C 1 Chuck, semi-bnls, neck/off 5 6,062 264.59 295.00 289.37 114 1 Chuck, shoulder clod 7 16,965 270.00 286.50 273.01 114A 3 Chuck, shoulder clod, trmd 12 42,984 275.00 295.00 285.83 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender (IM) 10 25,738 538.00 580.00 551.70 115 1 Chuck, 2-piece, boneless 116A 3 Chuck, roll, lxl, neck/off 46 380,424 285.00 310.00 291.84 116B 1 Chuck, chuck tender (IM) 15 31,395 265.00 295
NATIONAL BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Afternoon
July 9, 2014
