LM_XB459 Des Moines, IA Fri, Feb 03, 2012 USDA Market News NATIONAL WEEKLY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales 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 -------------------------------------------------------------------------------- WEEKLY COMPOSITE PRIMAL VALUES Primal Rib 252.32 248.59 Primal Chuck 157.16 156.95 Primal Round 166.64 165.72 Primal Loin 237.53 216.81 Primal Brisket 141.80 141.10 Primal Short Plate 137.57 141.24 Primal Flank 110.70 108.54 -------------------------------------------------------------------------------- WEEKLY CUTOUT VALUE SUMMARY CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 02/03 102 41 12 29 184 183.12 178.08 02/02 149 55 49 35 288 183.19 178.53 02/01 123 63 24 49 258 184.27 178.68 01/31 110 50 39 27 226 183.23 178.08 01/30 85 50 20 24 179 182.88 178.68 -------------------------------------------------------------------------------- WEEKLY AVERAGE 183.34 178.41 CHANGE FROM PRIOR WEEK (0.92) (0.60) -------------------------------------------------------------------------------- CHOICE/SELECT SPREAD: 4.93 TOTAL LOAD COUNT (Cuts, Trimmings, Grinds): 1,135 -------------------------------------------------------------------------------- NATIONAL BOXED BEEF CUTS - NEGOTIATED SALES FOB Plant basis negotiated sales for delivery within 0-21 day period, including sales since last report. CURRENT VOLUME - (one load equals 40,000 pounds) Choice Cuts 568.75 loads 22,749,900 pounds Select Cuts 259.89 loads 10,395,410 pounds Trimmings 143.30 loads 5,731,804 pounds Ground Beef 163.49 loads 6,539,617 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 149 932,896 444.64 523.50 463.51 112A 3 Rib, ribeye, bnls, light 79 380,150 530.00 586.25 553.66 112A 3 Rib, ribeye, bnls, heavy 285 602,992 514.00 567.00 537.29 113C 1 Chuck, semi-bnls, neck/off 35 183,247 192.00 218.00 201.11 114 1 Chuck, shoulder clod 74 370,370 193.00 210.00 199.33 114A 3 Chuck, shoulder clod, trmd 175 932,108 200.86 221.25 209.40 114D 3 Chuck, clod, top blade 47 171,605 230.00 295.00 254.21 114E 3 Chuck, clod, arm roast 53 154,467 230.00 276.00 245.43 114F 5 Chuck, clod tender (IM) 86 199,025 286.00 375.00 311.55 115 1 Chuck, 2-piece, boneless 32 327,512 200.00 237.50 204.97 116A 3 Chuck, roll, lxl, neck/off 279 1,587,513 216.00 244.57 226.88 116B 1 Chuck, chuck tender (IM) 158 382,094 204.87 231.00 216.32 3 Chuck roll, retail ready 18 203,084 241.00 269.75 251.71 120 1 Brisket, deckle-off, bnls 271 1,553,774 202.00 227.00 211.21 120A 3 Brisket, point/off, bnls 65 82,497 315.00 373.75 331.48 123A 3 Short Plate, short rib 120 202,770 273.46 412.00 344.64 130 4 Chuck, short rib 125 202,774 204.20 264.00 217.64 160 1 Round, bone-in 26 39,582 204.85 227.00 211.03 161 1 Round, boneless 21 32,671 212.00 228.39 218.76 3 Round, bnls/peeled heel-out 16 78,469 217.70 246.00 223.30 167A 4 Round, knuckle, peeled 289 1,167,523 220.00 250.00 227.31 168 1 Round, top inside round 238 1,508,303 198.00 219.00 206.02 168 3 Round, top inside round 181 2,799,164 206.05 240.76 216.56 169 5 Round, top inside, denuded 97 286,675 244.20 265.60 255.38 3 Round, top inside, side off 23 418,626 220.00 252.00 233.81 170 1 Round, bottom gooseneck 27 34,531 195.00 217.00 207.28 171B 3 Round, outside round 243 1,225,674 204.45 242.00 216.23 171C 3 Round, eye of round (IM) 193 405,323 222.00 260.00 244.21 174 1 Loin, short loin, 2x3 32 28,510 363.00 410.00 384.07 174 3 Loin, short loin, 0x1 129 474,886 444.00 486.50 454.85 175 3 Loin, strip loin, 1x1 28 300,930 312.00 445.00 416.97 180 1 Loin, strip, bnls, heavy 1 Loin, strip loin bnls. 1x1 59 75,785 424.74 466.89 441.97 180 3 Loin, strip, bnls, 0x1 269 1,186,275 474.00 520.00 493.10 184 1 Loin, top butt, bnls, heavy 75 69,041 275.00 296.00 285.46 184 3 Loin, top butt, boneless 194 1,057,623 275.00 325.00 291.17 185A 4 Loin, bottom sirloin, flap 173 338,052 330.00 391.00 361.55 185B 1 Loin, ball-tip, bnls, heavy 104 471,741 228.86 277.00 256.23 185C 1 Loin, sirloin, tri-tip (IM) 92 362,510 265.00 310.00 290.19 185D 4 Loin, tri-tip, pld (IM) 53 88,205 373.00 415.25 391.11 189A 4 Loin, tndrloin, trmd, heavy 237 838,934 820.00 991.00 833.93 191A 4 Loin, butt tender, trimmed 36 67,872 795.00 855.00 827.50 193 4 Flank, flank steak (IM) 85 106,611 380.00 430.00 400.05 -------------------------------------------------------------------------------- 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 78 218,395 440.00 491.00 465.24 112A 3 Rib, ribeye, bnls, light 64 224,019 515.00 570.00 534.12 112A 3 Rib, ribeye, bnls, heavy 110 340,214 504.00 542.00 526.62 113C 1 Chuck, semi-bnls, neck/off 53 180,049 192.46 218.00 203.64 114 1 Chuck, shoulder clod 54 291,677 189.87 208.75 199.01 114A 3 Chuck, shoulder clod, trmd 103 615,793 202.00 219.00 207.57 114D 3 Chuck, clod, top blade 9 11,245 230.00 281.89 241.85 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender (IM) 33 133,106 286.00 375.00 309.52 115 1 Chuck, 2-piece, boneless 116A 3 Chuck, roll, lxl, neck/off 155 937,308 216.00 246.00 223.99 116B 1 Chuck, chuck tender (IM) 65 117,867 204.00 225.00 214.56 3 Chuck roll, retail ready 120 1 Brisket, deckle-off, bnls 69 278,007 205.27 225.00 210.01 120A 3 Brisket, point/off, bnls 11 11,902 326.45 366.11 334.45 123A 3 Short Plate, short rib 33 245,489 241.00 386.00 257.04 130 4 Chuck, short rib 59 165,351 202.65 260.50 210.46 160 1 Round, bone-in 15 12,632 204.75 213.00 210.99 161 1 Round, boneless 20 26,955 216.00 255.00 227.54 3 Round, bnls/peeled heel-out 5 4,750 240.65 244.00 243.13 167A 4 Round, knuckle, peeled 69 195,785 219.41 237.00 226.32 168 1 Round, top inside round 59 296,678 198.00 217.00 205.28 168 3 Round, top inside round 71 319,939 206.05 228.50 216.05 169 5 Round, top inside, denuded 26 18,908 250.00 262.00 254.96 3 Round, top inside, side off 170 1 Round, bottom gooseneck 14 53,851 195.00 225.00 199.09 171B 3 Round, outside round 103 604,815 204.50 228.00 213.43 171C 3 Round, eye of round (IM) 111 255,539 225.00 264.00 240.93 174 1 Loin, short loin, 2x3 8 2,514 320.00 326.00 320.63 174 3 Loin, short loin, 0x1 89 434,993 386.00 426.00 398.42 175 3 Loin, strip loin, 1x1 17 106,132 310.16 350.98 330.98 180 1 Loin, strip, bnls, heavy 1 Loin, strip loin bnls. 1x1 18 15,329 330.00 358.00 340.74 180 3 Loin, strip, bnls, 0x1 116 373,646 360.00 414.39 389.49 184 1 Loin, top butt, bnls, heavy 95 615,347 235.00 260.00 237.10 184 3 Loin, top butt, boneless 113 475,725 241.50 270.25 253.84 185A 4 Loin, bottom sirloin, flap 44 235,092 329.92 386.00 351.50 185B 1 Loin, ball-tip, bnls, heavy 56 153,330 210.00 250.00 238.20 185C 1 Loin, sirloin, tri-tip (IM) 44 163,811 257.81 310.00 287.66 185D 4 Loin, tri-tip, pld (IM) 4 8,647 385.60 403.00 396.61 189A 4 Loin, tndrloin, trmd, heavy 88 113,682 796.17 891.00 832.24 191A 4 Loin, butt tender, trimmed 21 28,788 775.96 837.60 813.28 193 4 Flank, flank steak (IM) 46 113,697 372.00 416.50 383.19 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Fresh 124 4 Rib, Back Ribs, Frozen 49 117,714 90.00 122.00 96.17 121D 4 Plate, Inside Skirt (IM) 125 445,136 313.00 385.50 336.49 121C 4 Plate, Outside Skirt (IM) 111 222,024 410.07 458.50 445.17 121E 6 Outside Skirt, pld (IM) 40 79,709 598.00 656.70 613.39 Cap, Wedge Meat & (IM) Lean 220 1,345,573 225.00 257.63 233.23 Pectoral Meat 139 306,339 259.00 304.07 275.77 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 239 2,278,047 158.30 188.00 166.71 Ground Beef 75% 8 59,480 171.64 177.58 174.46 Ground Beef 81% 197 770,718 168.00 205.00 190.17 Ground Beef 85% Ground Beef 90% 12 2,736 240.00 248.00 241.88 Ground Beef 93% 108 416,022 240.37 276.00 253.03 Ground Beef Chuck 80% 168 1,213,286 165.00 211.27 187.94 Ground Beef Round 85% 93 394,092 199.67 231.00 213.61 Ground Beef Sirloin 90% 24 74,487 240.00 283.00 250.46 -------------------------------------------------------------------------------- BLENDED GB - STEER/HEIFER/COW SOURCE - 10 Pound Chub Basis - Coarse & Fine Grind -------------------------------------------------------------------------------- Blended Ground Beef 73% 28 254,041 174.50 198.00 181.61 Blended Ground Beef 75% Blended Ground Beef 81% 39 159,828 190.00 209.60 200.07 Blended Ground Beef 85% Blended Ground Beef 90% Blended Ground Beef 93% 30 193,032 222.50 270.97 240.09 Blended Ground Beef Chuck 80% 21 116,580 196.30 230.00 207.27 Blended Ground Beef Round 85% 37 270,092 194.20 241.60 214.32 Blended Ground Beef Sirloin 90% 16 76,380 239.50 292.70 251.03 -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 158 5,138,979 95.00 104.05 98.83 Frozen 50% lean trimmings 16 592,825 106.65 110.00 108.84 -------------------------------------------------------------------------------- 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 weekly 3/70/20 guideline. -------------------------------------------------------------------------------- Source: USDA Market News Service, Des Moines, IA 515-284-4460 email: desm.lgmn@usda.gov www.ams.usda.gov/mnreports/lm_xb459.txt 1600C .