LM_XB403 **resent for trend formatting** Des Moines, IA Thu, Jul 09, 2009 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 weak to lower on moderate demand and moderate to heavy offerings. Select and Choice chuck and rounds generally steady, while rib and loins weak to lower. Beef trimmings firm on moderate demand and offerings. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 137.52 132.29 Change from prior day: (0.93) (0.34) -------------------------------------------------------------------------------- Choice/Select spread: 5.23 Total Load Count (Cuts, Trimmings, Grinds): 309 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 210.72 201.40 Primal Chuck 107.92 108.02 Primal Round 111.13 112.15 Primal Loin 201.21 180.63 Primal Brisket 98.05 97.24 Primal Short Plate 92.02 94.06 Primal Flank 81.98 76.47 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 07/08 137 92 34 68 332 138.45 132.63 07/07 80 83 60 35 258 138.00 132.53 07/06 172 100 34 73 380 137.71 132.42 07/02 92 70 54 67 283 137.89 132.44 07/01 127 91 77 63 359 138.19 132.48 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 138.05 132.50 -------------------------------------------------------------------------------- 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 140.86 loads 5,634,497 pounds Select Cuts 87.98 loads 3,519,370 pounds Trimmings 43.95 loads 1,758,045 pounds Coarse Grinds 35.70 loads 1,428,065 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 37 180,809 412.00 462.00 432.94 112A 3 Rib, ribeye, bnls, light 23 65,432 488.00 531.50 506.27 112A 3 Rib, ribeye, bnls, heavy 72 297,346 488.00 531.00 504.23 113A 1 Chuck, square-cut, 2 piece 0 0 113C 1 Chuck, semi-bnls, neck/off 10 205,105 129.25 137.00 134.98 113C 3 Chuck, semi-bnls, neck/off 3 Chuck, semi-bnls n/o sh-cut 114 1 Chuck, shoulder clod 18 52,193 130.00 139.50 131.50 114A 3 Chuck, shoulder clod, trmd 39 140,352 137.00 149.00 142.22 114D 3 Chuck, clod, top blade 4 11,439 209.81 280.00 238.83 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender 8 14,593 219.81 260.00 236.65 115 1 Chuck, 2-piece, boneless 5 45,822 138.00 142.00 140.11 116A 3 Chuck, roll, lxl, neck/off 78 482,389 160.34 182.00 165.77 116B 1 Chuck, chuck tender 58 160,720 140.00 153.00 143.59 3 Chuck roll, retail ready 120 1 Brisket, deckle-off, bnls 39 154,449 142.00 161.85 147.30 120A 3 Brisket, point/off, bnls 20 21,500 219.71 257.00 229.20 123A 3 Short Plate, short rib 52 71,944 167.00 235.00 204.19 130 4 Chuck, short rib 24 37,436 151.00 180.00 159.19 160 1 Round, bone-in 4 5,362 129.50 130.00 129.98 161 1 Round, boneless 9 23,831 136.00 140.00 136.97 3 Round, bnls/peeled heel-out 4 20,163 154.38 160.00 154.99 167 1 Round, knuckle 167A 4 Round, knuckle, peeled 96 321,681 150.95 170.00 160.63 168 1 Round, top inside round 40 245,945 134.87 149.00 138.25 168 3 Round, top inside round 50 511,118 140.50 158.00 142.37 169 5 Round, top inside, denuded 16 20,196 169.30 185.25 174.26 3 Round, top inside, side off 3 35,911 160.34 170.00 162.41 170 1 Round, bottom gooseneck 5 5,113 132.00 139.50 136.49 171B 3 Round, outside round 79 467,124 135.00 149.00 138.54 171C 3 Round, eye of round 62 159,282 155.00 178.25 159.83 3 Round, flat/eye, heel-out 0 0 174 1 Loin, short loin, 2x3 174 3 Loin, short loin, 0x1 71 901,186 367.00 437.00 375.09 175 3 Loin, strip loin, 1x1 180 1 Loin, strip, bnls, heavy 1 Loin, strip loin bnls. 1x1 13 10,088 433.00 460.00 443.57 180 3 Loin, strip, bnls, 0x1 59 192,079 459.00 512.00 477.04 184 1 Loin, top butt, bnls, heavy 20 19,421 189.26 218.00 196.87 184 3 Loin, top butt, boneless 44 112,514 201.00 235.50 210.19 185A 4 Loin, bottom sirloin, flap 51 78,771 375.42 401.50 395.25 185B 1 Loin, ball-tip, bnls, light 12 6,252 162.00 186.50 173.50 185B 1 Loin, ball-tip, bnls, heavy 46 69,984 187.50 220.25 207.16 185C 1 Loin, sirloin, tri-tip 28 32,508 240.00 265.00 256.03 185D 4 Loin, sirloin, tri-tip, pld 25 11,407 338.00 360.00 351.72 189A 4 Loin, tndrloin, trmd, light 189A 4 Loin, tndrloin, trmd, heavy 33 63,210 775.50 836.00 787.76 191A 4 Loin, butt tender, trimmed 14 20,323 755.00 795.00 762.90 193 4 Flank, flank steak 29 30,914 310.00 344.00 327.66 -------------------------------------------------------------------------------- Select Cuts, Fat Limitations 1-6 IMPS/FL Sub-Primal # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- 109A 1 Rib, roast-ready, heavy 0 0 109E 1 Rib, ribeye, lip-on, bn-in 22 159,189 399.00 446.00 402.13 112A 3 Rib, ribeye, bnls, light 14 22,623 473.53 519.00 483.39 112A 3 Rib, ribeye, bnls, heavy 41 171,585 459.15 510.00 476.51 113A 1 Chuck, square-cut, 2 piece 0 0 113C 1 Chuck, semi-bnls, neck/off 24 60,577 128.94 140.50 136.14 113C 3 Chuck, semi-bnls, neck/off 3 Chuck, semi-bnls n/o sh-cut 114 1 Chuck, shoulder clod 17 36,623 130.00 138.30 132.48 114A 3 Chuck, shoulder clod, trmd 51 172,247 138.26 153.25 143.96 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender 115 1 Chuck, 2-piece, boneless 22 36,920 138.00 145.00 140.62 116A 3 Chuck, roll, lxl, neck/off 65 332,949 161.00 174.25 166.28 116B 1 Chuck, chuck tender 19 36,267 145.00 150.00 147.61 3 Chuck roll, retail ready 0 0 120 1 Brisket, deckle-off, bnls 33 263,045 139.00 155.00 145.53 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 20 48,977 176.00 235.00 192.12 130 4 Chuck, short rib 14 21,869 151.00 180.25 161.73 160 1 Round, bone-in 8 9,846 124.00 130.00 129.63 161 1 Round, boneless 11 16,143 130.00 142.00 137.78 3 Round, bnls/peeled heel-out 167 1 Round, knuckle 167A 4 Round, knuckle, peeled 38 75,467 158.00 169.00 162.47 168 1 Round, top inside round 58 238,191 131.00 147.00 139.79 168 3 Round, top inside round 30 92,599 141.00 158.00 147.70 169 5 Round, top inside, denuded 15 18,834 170.40 191.25 178.97 3 Round, top Inside, side off 0 0 170 1 Round, bottom gooseneck 16 27,553 129.00 142.00 134.76 171B 3 Round, outside round 30 107,311 133.00 149.00 140.85 171C 3 Round, eye of round 32 60,811 154.00 172.00 161.08 3 Round, flat/eye, heel-out 0 0 174 1 Loin, short loin, 2x3 174 3 Loin, short loin, 0x1 39 127,702 349.50 372.00 359.38 175 3 Loin, strip loin, 1x1 180 1 Loin, strip, bnls, heavy 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 22 198,925 348.30 377.00 350.91 184 1 Loin, top butt, bnls, heavy 18 58,764 179.00 207.00 188.33 184 3 Loin, top butt, boneless 24 138,541 202.50 220.00 207.56 185A 4 Loin, bottom sirloin, flap 9 21,427 378.00 400.25 382.50 185B 1 Loin, ball-tip, bnls, light 185B 1 Loin, ball-tip, bnls, heavy 24 163,179 187.15 207.25 197.23 185C 1 Loin, sirloin, tri-tip 26 143,300 219.00 247.91 228.07 185D 4 Loin, sirloin, tri-tip, pld 189A 4 Loin, tndrloin, trmd, light 0 0 189A 4 Loin, tndrloin, trmd, heavy 26 50,211 647.00 706.00 656.55 191A 4 Loin, butt tender, trimmed 3 4,652 646.50 650.00 647.27 193 4 Flank, flank steak 18 36,635 283.00 335.00 291.76 -------------------------------------------------------------------------------- CHOICE AND SELECT CUTS, Fat Limitations (FL) 1-6 -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Fresh 124 4 Rib, Back Ribs, Frozen 23 47,254 78.40 102.00 84.95 121D 4 Plate, Inside Skirt 56 239,373 247.00 308.64 260.20 121C 4 Plate, Outside Skirt 26 36,890 261.25 303.00 279.81 121E 6 Plate, Outside Skirt, pld 6 4,528 373.00 421.35 405.31 Cap and Wedge Meat 62 334,546 154.50 176.00 158.03 Pectoral Meat 46 32,416 159.13 182.25 167.52 -------------------------------------------------------------------------------- GROUND BEEF - STEER and HEIFER SOURCE -- 10 Pound Chub Basis -------------------------------------------------------------------------------- Ground Beef 73% 69 437,915 108.95 121.00 112.31 Ground Beef 75% Ground Beef 81% 86 387,841 120.40 133.50 125.78 Ground Beef 85% Ground Beef 90% Ground Beef 93% 56 99,738 155.40 180.50 166.70 Ground Beef Chuck 25 128,729 125.00 142.25 127.15 Ground Beef Round 38 207,256 136.00 143.00 139.94 Ground Beef Sirloin -------------------------------------------------------------------------------- BLENDED GROUND BEEF - STEER, HEIFER and COW SOURCE -- 10 Pound Chub Basis -------------------------------------------------------------------------------- Blended Ground Beef 73% 7 11,630 122.00 139.00 127.31 Blended Ground Beef 75% Blended Ground Beef 81% 11 24,313 134.00 153.00 144.96 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 44 1,273,435 65.00 74.00 67.66 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 1500C .