LM_XB459 ***Correction on Choice 109E IMPS only*** Des Moines, IA Fri, May 17, 2013 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 314.54 274.88 Primal Chuck 163.41 160.72 Primal Round 164.36 161.98 Primal Loin 312.09 267.29 Primal Brisket 134.37 134.60 Primal Short Plate 141.15 144.32 Primal Flank 113.61 111.08 -------------------------------------------------------------------------------- WEEKLY CUTOUT VALUE SUMMARY CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 05/17 49 38 6 15 209.51 192.31 05/16 49 33 6 27 208.77 192.71 05/15 66 63 24 42 207.95 192.75 05/14 75 55 8 25 206.09 192.07 05/13 63 44 14 24 205.13 191.83 -------------------------------------------------------------------------------- WEEKLY AVERAGE 207.49 192.33 CHANGE FROM PRIOR WEEK 4.17 1.78 -------------------------------------------------------------------------------- CHOICE/SELECT SPREAD: 15.16 TOTAL LOAD COUNT (Cuts, Trimmings, Grinds): 728 -------------------------------------------------------------------------------- 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 302.51 loads 12,100,590 pounds Select Cuts 232.92 loads 9,316,815 pounds Trimmings 59.31 loads 2,372,369 pounds Ground Beef 132.87 loads 5,314,996 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 133 488,779 573.00 659.97 627.09 112A 3 Rib, ribeye, bnls, light 75 134,381 619.00 735.00 691.70 112A 3 Rib, ribeye, bnls, heavy 214 303,767 618.00 727.00 673.37 113C 1 Chuck, semi-bnls, neck/off 33 171,769 190.00 219.00 202.26 114 1 Chuck, shoulder clod 46 112,059 205.00 227.00 211.73 114A 3 Chuck, shoulder clod, trmd 160 638,146 211.61 243.00 221.14 114D 3 Chuck, clod, top blade 41 50,350 275.00 303.00 290.46 114E 3 Chuck, clod, arm roast 42 294,535 225.00 264.00 231.91 114F 5 Chuck, clod tender (IM) 78 59,955 390.00 444.00 402.19 115 1 Chuck, 2-piece, boneless 20 17,221 192.00 255.00 224.25 116A 3 Chuck, roll, lxl, neck/off 283 806,151 224.25 250.00 234.24 116B 1 Chuck, chuck tender (IM) 148 315,196 201.12 230.42 211.90 3 Chuck roll, retail ready 7 38,527 235.00 264.50 253.58 120 1 Brisket, deckle-off, bnls 265 881,243 185.00 212.00 198.50 120A 3 Brisket, point/off, bnls 59 68,548 328.00 380.00 347.90 123A 3 Short Plate, short rib 150 254,338 385.00 491.00 434.83 130 4 Chuck, short rib 133 202,344 290.00 350.00 321.71 160 1 Round, bone-in 12 20,020 197.00 226.50 209.20 161 1 Round, boneless 16 157,436 200.00 210.50 201.69 3 Round, bnls/peeled heel-out 10 8,004 198.00 241.00 231.12 167A 4 Round, knuckle, peeled 251 852,980 221.00 250.00 229.24 168 1 Round, top inside round 155 489,416 196.00 220.00 208.05 168 3 Round, top inside round 125 748,963 201.26 232.00 219.09 169 5 Round, top inside, denuded 69 133,658 230.00 256.73 250.79 3 Round, top inside, side off 16 159,336 216.89 246.89 227.03 170 1 Round, bottom gooseneck 34 70,810 185.00 205.00 192.64 171B 3 Round, outside round 216 924,600 190.00 216.00 206.09 171C 3 Round, eye of round (IM) 202 475,386 195.00 227.05 209.55 174 1 Loin, short loin, 2x3 17 6,024 600.00 619.00 604.59 174 3 Loin, short loin, 0x1 86 139,384 648.00 725.78 700.12 175 3 Loin, strip loin, 1x1 18 40,428 618.00 691.00 650.47 180 1 Loin, strip, bnls, heavy 4 2,423 620.00 677.89 649.56 1 Loin, strip loin bnls. 1x1 37 23,752 627.68 728.00 696.26 180 3 Loin, strip, bnls, 0x1 159 325,880 700.00 825.50 781.53 184 1 Loin, top butt, bnls, heavy 71 78,969 306.50 368.00 331.49 184 3 Loin, top butt, boneless 149 411,733 339.00 389.00 358.31 185A 4 Loin, bottom sirloin, flap 131 223,804 475.00 561.00 511.32 185B 1 Loin, ball-tip, bnls, heavy 86 112,680 254.70 312.00 282.84 185C 1 Loin, sirloin, tri-tip (IM) 47 61,859 320.00 355.77 335.63 185D 4 Loin, tri-tip, pld (IM) 71 143,808 421.00 466.00 445.53 189A 4 Loin, tndrloin, trmd, heavy 193 358,416 921.78 1078.00 983.67 191A 4 Loin, butt tender, trimmed 11 3,619 942.00 990.00 958.37 193 4 Flank, flank steak (IM) 99 95,034 425.74 469.00 445.89 -------------------------------------------------------------------------------- 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 76 139,520 490.00 558.00 521.39 112A 3 Rib, ribeye, bnls, light 66 181,654 545.00 595.70 563.76 112A 3 Rib, ribeye, bnls, heavy 149 307,746 542.24 591.50 570.31 113C 1 Chuck, semi-bnls, neck/off 60 146,897 190.00 220.00 209.05 114 1 Chuck, shoulder clod 48 247,469 193.00 225.00 209.12 114A 3 Chuck, shoulder clod, trmd 93 438,742 207.00 240.00 219.80 114D 3 Chuck, clod, top blade 14 52,756 248.00 301.54 258.65 114E 3 Chuck, clod, arm roast 114F 5 Chuck, clod tender (IM) 48 50,505 361.00 401.25 384.82 115 1 Chuck, 2-piece, boneless 116A 3 Chuck, roll, lxl, neck/off 191 1,296,879 214.46 243.50 227.01 116B 1 Chuck, chuck tender (IM) 70 194,684 205.14 225.00 209.67 3 Chuck roll, retail ready 120 1 Brisket, deckle-off, bnls 78 417,691 178.00 220.05 199.16 120A 3 Brisket, point/off, bnls 11 6,261 325.00 350.00 344.06 123A 3 Short Plate, short rib 29 45,774 347.00 481.00 423.99 130 4 Chuck, short rib 34 95,025 297.00 345.00 311.56 160 1 Round, bone-in 8 9,561 189.75 200.00 197.64 161 1 Round, boneless 21 22,489 205.41 213.00 209.22 3 Round, bnls/peeled heel-out 8 6,935 217.00 237.00 227.17 167A 4 Round, knuckle, peeled 94 344,147 216.00 245.00 226.80 168 1 Round, top inside round 116 657,718 197.00 222.76 201.37 168 3 Round, top inside round 91 411,669 190.00 230.00 212.10 169 5 Round, top inside, denuded 34 62,097 229.14 260.00 241.34 3 Round, top inside, side off 170 1 Round, bottom gooseneck 26 205,068 190.02 209.00 193.18 171B 3 Round, outside round 126 445,724 190.00 220.00 204.18 171C 3 Round, eye of round (IM) 100 256,414 195.00 225.00 209.07 174 1 Loin, short loin, 2x3 174 3 Loin, short loin, 0x1 107 261,486 549.00 590.30 561.66 175 3 Loin, strip loin, 1x1 10 88,315 490.00 525.00 502.70 180 1 Loin, strip, bnls, heavy 0 0 1 Loin, strip loin bnls. 1x1 14 14,037 493.00 540.00 521.79 180 3 Loin, strip, bnls, 0x1 121 245,040 570.00 620.00 586.18 184 1 Loin, top butt, bnls, heavy 48 220,246 290.00 325.00 298.51 184 3 Loin, top butt, boneless 122 444,119 298.00 338.93 316.72 185A 4 Loin, bottom sirloin, flap 33 91,922 490.00 530.10 505.21 185B 1 Loin, ball-tip, bnls, heavy 63 226,506 250.20 300.66 264.17 185C 1 Loin, sirloin, tri-tip (IM) 43 127,438 273.00 312.50 282.78 185D 4 Loin, tri-tip, pld (IM) 12 23,694 375.20 414.00 390.89 189A 4 Loin, tndrloin, trmd, heavy 95 209,195 868.00 966.00 888.72 191A 4 Loin, butt tender, trimmed 38 26,858 850.00 921.54 877.36 193 4 Flank, flank steak (IM) 45 66,003 413.88 471.00 430.08 -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Fresh 124 4 Rib, Back Ribs, Frozen 54 294,307 78.00 120.00 92.15 121D 4 Plate, Inside Skirt (IM) 133 307,930 352.52 395.00 368.90 121C 4 Plate, Outside Skirt (IM) 76 126,383 430.00 528.00 472.68 121E 6 Outside Skirt, pld (IM) 37 80,121 629.22 784.00 662.40 Cap, Wedge Meat & (IM) Lean 171 638,926 214.67 250.00 230.16 Pectoral Meat 119 719,194 220.00 271.00 226.39 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 157 1,215,843 158.00 191.00 170.76 Ground Beef 75% 19 239,008 174.11 192.50 184.50 Ground Beef 81% 180 1,048,452 175.00 218.00 194.53 Ground Beef 85% Ground Beef 90% 19 26,170 225.78 270.00 228.20 Ground Beef 93% 54 196,280 220.63 269.00 259.33 Ground Beef Chuck 80% 107 997,035 183.26 221.00 203.70 Ground Beef Round 85% 68 358,751 209.02 238.00 223.46 Ground Beef Sirloin 90% 5 11,533 271.00 292.00 276.50 -------------------------------------------------------------------------------- BLENDED GB - STEER/HEIFER/COW SOURCE - 10 Pound Chub Basis - Coarse & Fine Grind -------------------------------------------------------------------------------- Blended Ground Beef 73% 14 138,400 170.55 186.75 181.01 Blended Ground Beef 75% Blended Ground Beef 81% 28 256,962 194.00 229.00 208.91 Blended Ground Beef 85% Blended Ground Beef 90% Blended Ground Beef 93% 21 158,733 244.75 290.00 258.15 Blended Ground Beef Chuck 80% 18 241,140 190.50 245.00 199.17 Blended Ground Beef Round 85% 18 92,280 215.75 248.00 229.44 Blended Ground Beef Sirloin 90% 11 61,800 252.75 307.00 253.28 -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 93 2,372,369 90.85 100.00 94.82 Frozen 50% lean trimmings 0 0 -------------------------------------------------------------------------------- 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 .