National Daily Boxed Beef Cutout & Boxed Beef Cuts - Negotiated Sales
USDA - Fri Nov 10, 2:52PM CST
LM_XB403
Des Moines, IA                  Fri, Nov 10, 2017               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 higher on Choice and sharply lower on Select on light 
to moderate demand and offerings. Select chuck, round, and loin cuts steady to 
weak while rib cuts sharply lower. Choice rib and round cuts firm to higher while 
chuck and loin cuts steady to weak. Beef trimmings were not fully established.

                                                CHOICE         SELECT
                                                600-900        600-900
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Current Cutout Values:                          213.85         194.51
Change from prior day:                            1.11         (3.79)
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Choice/Select spread:                                   19.34

Total Load Count (Cuts, Trimmings, Grinds):                91
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COMPOSITE PRIMAL VALUES
 Primal Rib                                     384.00         319.14
 Primal Chuck                                   173.84         167.12
 Primal Round                                   179.72         177.08
 Primal Loin                                    273.62         231.18
 Primal Brisket                                 157.77         150.06
 Primal Short Plate                             128.76         128.76
 Primal Flank                                    99.90         101.01
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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
11/09    49    23    19    20    112            212.74         198.30
11/08    64    41    17    17    139            213.13         198.89
11/07    58    43     0    15    116            212.64         197.76
11/06    53    27    15    19    113            210.57         194.77
11/03    46    42    14    14    117            208.74         193.08
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Current 5 Day Simple Average:                   211.56         196.56
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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             48.45  loads          1,937,976  pounds
 Select Cuts             23.40  loads            935,929  pounds
 Trimmings                3.02  loads            120,920  pounds
 Ground Beef             16.31  loads            652,317  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       20     229,684   770.00  794.49  775.80
112A 3  Rib, ribeye, bnls, light          6      12,182   885.00  914.00  900.79
112A 3  Rib, ribeye, bnls, heavy         11       7,636   832.34  897.00  866.20
113C 1  Chuck, semi-bnls, neck/off        5      23,479   216.40  220.00  217.47
114  1  Chuck, shoulder clod              5      10,228   192.00  205.00  198.99
114A 3  Chuck, shoulder clod, trmd       10      32,869   201.01  219.25  206.49
114D 3  Chuck, clod, top blade            4       8,011   312.35  352.00  331.28
114E 3  Chuck, clod, arm roast            4       1,324   272.00  291.30  281.03
114F 5  Chuck, clod tender (IM)           6       8,850   380.00  400.00  386.18
116A 3  Chuck, roll, lxl, neck/off       23     190,793   290.00  325.25  295.70
116B 1  Chuck, chuck tender (IM)          9     105,547   216.15  239.00  216.85
     3  Chuck roll, retail ready         11      59,285   326.50  336.50  330.65
116G 4  Chuck, flap (IM)                  7       8,086   625.00  676.75  660.34
120  1  Brisket, deckle-off, bnls        17      24,627   230.00  242.25  234.09
120A 3  Brisket, point/off, bnls          5       3,392   420.00  450.00  430.99
123A 3  Short Plate, short rib            5      35,700   477.00  500.00  488.05
130  4  Chuck, short rib                 12      23,670   325.00  359.00  339.96
160  1  Round, bone-in
161  1  Round, boneless
167A 4  Round, knuckle, peeled           32     130,700   235.00  256.75  238.20
168  1  Round, top inside round           4      13,520   229.00  235.00  233.87
168  3  Round, top inside round          15      44,211   220.00  256.50  239.32
169  5  Round, top inside, denuded       22      95,056   270.27  303.18  273.61
169A 5  Round, top inside, cap off        4       4,519   299.50  319.58  308.02
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck           4       3,223   203.48  224.25  216.06
171B 3  Round, outside round             16     105,248   215.00  234.00  222.88
171C 3  Round, eye of round (IM)         29      92,201   237.94  262.50  247.22
174  3  Loin, short loin, 0x1            11      60,751   494.28  540.25  509.33
175  3  Loin, strip loin, 1x1             3      14,520   460.00  489.00  460.59
     1  Loin, strip loin bnls. 1x1        7       5,781   495.00  518.50  502.60
180  3  Loin, strip, bnls, 0x1           31      90,492   509.00  577.25  545.38
184  1  Loin, top butt, bnls, heavy
184  3  Loin, top butt, boneless         27     136,790   283.27  310.50  286.58
184B 3  Loin, top butt, CC (IM)           0           0
185A 4  Loin, bottom sirloin, flap        7      27,730   475.00  505.00  493.04
185B 1  Loin, ball-tip, bnls, heavy      10      25,585   210.00  251.30  238.61
185C 1  Loin, sirloin, tri-tip (IM)       9      10,114   295.50  333.50  323.50
185D 4  Loin, tri-tip, pld (IM)           5       5,282   441.75  469.30  458.59
189A 4  Loin, tndrloin, trmd, heavy      32     151,508  1017.35 1226.50 1118.76
191A 4  Loin, butt tender, trimmed        4      17,144   825.00  879.28  852.23
193  4  Flank, flank steak (IM)          11      10,333   400.42  456.30  431.47
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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        5      41,393   596.50  666.89  603.63
112A 3  Rib, ribeye, bnls, light          5      62,069   620.33  747.00  652.15
112A 3  Rib, ribeye, bnls, heavy          8       5,525   728.53  747.00  736.92
113C 1  Chuck, semi-bnls, neck/off        0           0
114  1  Chuck, shoulder clod              5      15,712   190.20  211.50  200.40
114A 3  Chuck, shoulder clod, trmd        4      48,430   199.67  210.00  201.96
114D 3  Chuck, clod, top blade            0           0
114E 3  Chuck, clod, arm roast            0           0
114F 5  Chuck, clod tender (IM)           6       3,078   364.25  396.50  376.01
116A 3  Chuck, roll, lxl, neck/off       12      31,186   269.50  290.00  274.97
116B 1  Chuck, chuck tender (IM)          4      15,395   216.15  235.00  217.60
     3  Chuck roll, retail ready
116G 4  Chuck, flap (IM)                  8      15,850   577.25  585.00  582.07
120  1  Brisket, deckle-off, bnls         6      41,492   221.00  246.50  222.81
120A 3  Brisket, point/off, bnls
123A 3  Short Plate, short rib
130  4  Chuck, short rib                  8      16,922   311.00  376.75  332.94
160  1  Round, bone-in                    0           0
161  1  Round, boneless                   0           0
167A 4  Round, knuckle, peeled            8      19,484   237.00  246.89  239.74
168  1  Round, top inside round           6      14,347   229.81  240.00  232.03
168  3  Round, top inside round           3      16,901   232.75  246.50  239.29
169  5  Round, top inside, denuded        0           0
169A 5  Round, top inside, cap off        0           0
     3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck           0           0
171B 3  Round, outside round             11      86,983   210.00  235.00  213.69
171C 3  Round, eye of round (IM)         10      29,147   239.90  260.00  252.43
174  3  Loin, short loin, 0x1             4      41,737   394.00  421.25  394.48
175  3  Loin, strip loin, 1x1
     1  Loin, strip loin bnls. 1x1
180  3  Loin, strip, bnls, 0x1           12      47,518   399.00  422.46  404.92
184  1  Loin, top butt, bnls, heavy       0           0
184  3  Loin, top butt, boneless          8      66,482   230.00  266.50  232.57
184B 3  Loin, top butt, CC (IM)
185A 4  Loin, bottom sirloin, flap        0           0
185B 1  Loin, ball-tip, bnls, heavy       6      16,165   210.00  250.00  237.09
185C 1  Loin, sirloin, tri-tip (IM)       4      58,587   225.79  270.00  248.67
185D 4  Loin, tri-tip, pld (IM)
189A 4  Loin, tndrloin, trmd, heavy       6      29,389   938.77 1015.75  970.34
191A 4  Loin, butt tender, trimmed        4      11,267   810.00  870.00  842.86
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            3      39,442    97.00  115.00   97.03
121D 4  Plate, Inside Skirt (IM)          8      40,544   349.91  396.89  354.23
121C 4  Plate, Outside Skirt (IM)        12      31,728   450.50  536.75  466.71
121E 6  Outside Skirt, pld (IM)           4       5,329   719.35  720.42  720.01
        Cap, Wedge Meat & (IM) Lean      24     139,261   272.00  301.25  279.05
        Pectoral Meat                     8      20,495   278.92  310.00  293.94
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73%                          11      76,217   140.00  170.65  147.28
Ground Beef 75%
Ground Beef 81%                          31     301,554   168.00  195.50  174.68
Ground Beef 85%
Ground Beef 90%                           0           0
Ground Beef 93%                           4      15,452   294.00  304.49  298.29
Ground Beef Chuck 80%                     8      60,185   179.84  205.00  185.24
Ground Beef Round 85%                     3       2,205   238.29  255.00  252.05
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%
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


1500C

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