LM_XB402 Des Moines, IA Mon, Jul 06, 2009 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: 137.98 132.66 Change from prior day: 0.09 0.22 -------------------------------------------------------------------------------- Choice/Select spread: 5.32 Total Load Count (Cuts, Trimmings, Grinds): 299 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 210.48 207.47 Primal Chuck 107.76 107.38 Primal Round 112.03 111.26 Primal Loin 203.32 181.53 Primal Brisket 97.78 97.07 Primal Short Plate 90.76 92.93 Primal Flank 81.65 75.82 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 07/02 92 70 54 67 283 137.89 132.44 07/01 127 91 77 63 359 138.19 132.48 06/30 118 83 22 33 255 139.37 133.11 06/29 103 94 20 32 250 139.53 133.15 06/26 76 49 18 63 206 138.93 132.30 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 138.78 132.69 -------------------------------------------------------------------------------- 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 138.14 loads 5,525,509 pounds Select Cuts 79.99 loads 3,199,773 pounds Trimmings 27.91 loads 1,116,585 pounds Coarse Grinds 52.90 loads 2,116,133 pounds -------------------------------------------------------------------------------- Choice Cuts, Fat Limitations 1-6 IMPS/FL Sub-Primal # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- 109A 1 Rib, roast-ready, heavy 109E 1 Rib, ribeye, lip-on, bn-in 30 130,495 440.15 487.00 446.95 112A 3 Rib, ribeye, bnls, light 15 31,561 485.50 529.00 500.84 112A 3 Rib, ribeye, bnls, heavy 43 85,836 485.50 530.00 503.86 113A 1 Chuck, square-cut, 2 piece 0 0 113C 1 Chuck, semi-bnls, neck/off 6 9,283 132.00 139.50 134.12 113C 3 Chuck, semi-bnls, neck/off 3 Chuck, semi-bnls n/o sh-cut 114 1 Chuck, shoulder clod 13 18,532 132.00 144.00 135.73 114A 3 Chuck, shoulder clod, trmd 36 282,077 138.83 152.00 141.42 114D 3 Chuck, clod, top blade 9 4,290 219.33 287.50 242.39 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender 21 22,641 217.00 276.00 248.90 115 1 Chuck, 2-piece, boneless 11 18,772 139.00 145.50 141.38 116A 3 Chuck, roll, lxl, neck/off 70 515,625 155.00 175.25 165.14 116B 1 Chuck, chuck tender 29 85,357 137.06 153.50 145.04 3 Chuck roll, retail ready 120 1 Brisket, deckle-off, bnls 55 167,689 143.00 155.00 147.84 120A 3 Brisket, point/off, bnls 14 18,018 238.25 250.50 241.02 123A 3 Short Plate, short rib 19 38,788 180.00 231.00 197.25 130 4 Chuck, short rib 11 16,197 151.00 180.25 168.54 160 1 Round, bone-in 5 10,471 128.00 140.30 129.11 161 1 Round, boneless 4 44,075 135.00 139.50 138.74 3 Round, bnls/peeled heel-out 6 7,209 140.00 154.00 151.63 167 1 Round, knuckle 167A 4 Round, knuckle, peeled 106 500,997 153.00 169.75 159.68 168 1 Round, top inside round 63 346,457 131.00 155.00 142.09 168 3 Round, top inside round 32 206,555 139.94 161.00 146.89 169 5 Round, top inside, denuded 18 67,109 165.70 181.50 174.91 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 13 21,545 126.62 138.00 132.24 171B 3 Round, outside round 66 345,463 131.00 147.75 139.03 171C 3 Round, eye of round 56 137,570 155.00 178.00 164.50 3 Round, flat/eye, heel-out 0 0 174 1 Loin, short loin, 2x3 174 3 Loin, short loin, 0x1 47 519,846 377.00 446.50 404.22 175 3 Loin, strip loin, 1x1 180 1 Loin, strip, bnls, heavy 1 Loin, strip loin bnls. 1x1 29 68,728 410.60 461.60 421.54 180 3 Loin, strip, bnls, 0x1 66 422,507 445.00 516.50 466.07 184 1 Loin, top butt, bnls, heavy 33 40,329 190.00 217.00 199.50 184 3 Loin, top butt, boneless 60 462,305 198.00 235.25 213.28 185A 4 Loin, bottom sirloin, flap 46 196,261 361.06 405.00 375.21 185B 1 Loin, ball-tip, bnls, light 11 9,509 154.00 182.50 166.31 185B 1 Loin, ball-tip, bnls, heavy 27 77,498 190.00 217.00 208.24 185C 1 Loin, sirloin, tri-tip 11 18,648 252.00 265.00 256.56 185D 4 Loin, sirloin, tri-tip, pld 8 11,761 352.00 360.00 355.99 189A 4 Loin, tndrloin, trmd, light 0 0 189A 4 Loin, tndrloin, trmd, heavy 37 81,316 753.00 826.00 781.10 191A 4 Loin, butt tender, trimmed 7 5,908 769.63 795.00 770.55 193 4 Flank, flank steak 26 24,947 320.00 341.00 330.97 -------------------------------------------------------------------------------- Select Cuts, Fat Limitations 1-6 IMPS/FL Sub-Primal # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- 109A 1 Rib, roast-ready, heavy 109E 1 Rib, ribeye, lip-on, bn-in 20 55,828 415.25 448.00 430.15 112A 3 Rib, ribeye, bnls, light 21 35,922 486.50 522.00 514.63 112A 3 Rib, ribeye, bnls, heavy 25 37,230 471.00 521.50 503.45 113A 1 Chuck, square-cut, 2 piece 113C 1 Chuck, semi-bnls, neck/off 16 30,656 132.00 139.50 136.47 113C 3 Chuck, semi-bnls, neck/off 3 Chuck, semi-bnls n/o sh-cut 0 0 114 1 Chuck, shoulder clod 10 13,434 127.44 143.00 131.95 114A 3 Chuck, shoulder clod, trmd 36 222,180 138.83 153.00 142.42 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender 13 15,303 220.00 240.00 227.89 115 1 Chuck, 2-piece, boneless 17 47,737 136.00 144.00 138.75 116A 3 Chuck, roll, lxl, neck/off 68 354,426 154.50 173.00 162.97 116B 1 Chuck, chuck tender 18 32,701 139.25 154.00 145.82 3 Chuck roll, retail ready 0 0 120 1 Brisket, deckle-off, bnls 28 156,282 143.00 153.50 146.51 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 18 31,792 182.00 221.00 199.56 130 4 Chuck, short rib 12 19,418 150.00 185.00 161.17 160 1 Round, bone-in 161 1 Round, boneless 7 9,096 133.50 140.00 136.88 3 Round, bnls/peeled heel-out 0 0 167 1 Round, knuckle 167A 4 Round, knuckle, peeled 39 87,703 155.83 168.00 160.64 168 1 Round, top inside round 33 114,847 133.00 152.00 138.91 168 3 Round, top inside round 22 181,986 139.94 158.00 144.16 169 5 Round, top inside, denuded 11 9,936 173.00 181.50 174.84 3 Round, top Inside, side off 170 1 Round, bottom gooseneck 16 45,228 126.50 135.50 128.76 171B 3 Round, outside round 42 279,413 131.00 155.00 141.44 171C 3 Round, eye of round 24 41,472 156.00 172.00 161.12 3 Round, flat/eye, heel-out 0 0 174 1 Loin, short loin, 2x3 174 3 Loin, short loin, 0x1 30 168,706 336.99 365.50 356.52 175 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 44 245,427 335.25 375.00 352.81 184 1 Loin, top butt, bnls, heavy 21 19,503 175.00 213.00 193.36 184 3 Loin, top butt, boneless 23 116,847 190.00 220.15 205.09 185A 4 Loin, bottom sirloin, flap 27 146,349 370.00 394.50 375.72 185B 1 Loin, ball-tip, bnls, light 185B 1 Loin, ball-tip, bnls, heavy 12 6,617 190.00 210.00 200.62 185C 1 Loin, sirloin, tri-tip 12 12,889 240.00 251.50 247.05 185D 4 Loin, sirloin, tri-tip, pld 189A 4 Loin, tndrloin, trmd, light 0 0 189A 4 Loin, tndrloin, trmd, heavy 55 152,954 620.00 720.00 646.49 191A 4 Loin, butt tender, trimmed 9 2,605 650.00 661.25 657.57 193 4 Flank, flank steak 30 83,815 274.30 324.05 289.48 -------------------------------------------------------------------------------- CHOICE AND SELECT CUTS, Fat Limitations (FL) 1-6 -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Fresh 124 4 Rib, Back Ribs, Frozen 29 41,083 78.00 104.00 89.42 121D 4 Plate, Inside Skirt 56 138,338 245.50 271.00 261.52 121C 4 Plate, Outside Skirt 24 32,048 243.00 278.00 268.93 121E 6 Plate, Outside Skirt, pld 23 38,183 343.00 415.00 396.74 Cap and Wedge Meat 58 181,411 153.00 171.50 158.00 Pectoral Meat 31 30,888 162.00 185.00 172.62 -------------------------------------------------------------------------------- GROUND BEEF - STEER and HEIFER SOURCE -- 10 Pound Chub Basis -------------------------------------------------------------------------------- Ground Beef 73% 46 483,632 110.70 131.95 114.62 Ground Beef 75% Ground Beef 81% 57 327,470 119.20 131.24 126.07 Ground Beef 85% Ground Beef 90% 0 0 Ground Beef 93% 49 161,623 160.00 180.50 168.89 Ground Beef Chuck 37 369,304 124.70 134.97 130.49 Ground Beef Round 28 64,735 136.20 150.10 141.66 Ground Beef Sirloin -------------------------------------------------------------------------------- BLENDED GROUND BEEF - STEER, HEIFER and COW SOURCE -- 10 Pound Chub Basis -------------------------------------------------------------------------------- Blended Ground Beef 73% 8 32,566 114.47 132.75 117.24 Blended Ground Beef 75% Blended Ground Beef 81% 16 143,026 128.80 154.00 135.40 Blended Ground Beef 85% Blended Ground Beef 90% Blended Ground Beef 93% Blended Ground Beef Chuck Blended Ground Beef Round Blended Ground Beef Sirloin -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER and HEIFER SOURCE -------------------------------------------------------------------------------- Fresh 50% lean trimmings 42 1,039,585 62.50 72.00 65.06 Frozen 50% lean trimmings -------------------------------------------------------------------------------- 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_XB 459 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 .