LM_XB459 Des Moines, IA Fri, Nov 20, 2009 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 243.99 215.67 Primal Chuck 109.89 108.70 Primal Round 121.23 117.55 Primal Loin 187.02 170.55 Primal Brisket 91.35 91.61 Primal Short Plate 83.42 84.42 Primal Flank 79.55 78.09 -------------------------------------------------------------------------------- WEEKLY CUTOUT VALUE SUMMARY CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 11/20 113 51 5 55 224 139.18 131.97 11/19 129 99 26 49 303 139.61 132.07 11/18 204 171 19 56 450 140.75 132.12 11/17 72 96 19 37 225 140.55 132.79 11/16 97 54 14 47 212 140.40 132.37 -------------------------------------------------------------------------------- WEEKLY AVERAGE 140.10 132.26 CHANGE FROM PRIOR WEEK 0.16 (1.63) -------------------------------------------------------------------------------- CHOICE/SELECT SPREAD: 7.83 TOTAL LOAD COUNT (Cuts, Trimmings, Grinds): 1,414 -------------------------------------------------------------------------------- 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 614.22 loads 24,568,700 pounds Select Cuts 471.02 loads 18,840,924 pounds Trimmings 83.66 loads 3,346,300 pounds Coarse Grinds 244.86 loads 9,794,426 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 126 580,888 455.00 603.00 511.75 112A 3 Rib, ribeye, bnls, light 34 143,232 531.06 770.00 568.91 112A 3 Rib, ribeye, bnls, heavy 114 259,126 529.05 670.00 580.10 113A 1 Chuck, square-cut, 2 piece 5 5,715 142.00 150.50 145.49 113C 1 Chuck, semi-bnls, neck/off 29 80,507 135.00 150.00 144.01 113C 3 Chuck, semi-bnls, neck/off 3 Chuck, semi-bnls n/o sh-cut 7 13,609 145.00 161.00 155.33 114 1 Chuck, shoulder clod 102 417,254 129.00 147.50 136.95 114A 3 Chuck, shoulder clod, trmd 243 1,854,766 139.76 163.00 148.80 114D 3 Chuck, clod, top blade 38 143,051 184.98 245.00 194.58 114E 3 Chuck, clod, arm roast 59 246,430 178.40 222.00 200.56 114F 5 Chuck, clod tender 70 88,201 184.00 227.00 204.68 115 1 Chuck, 2-piece, boneless 20 108,128 150.00 162.50 156.45 116A 3 Chuck, roll, lxl, neck/off 384 3,195,426 160.00 181.25 167.45 116B 1 Chuck, chuck tender 164 500,504 135.00 164.50 145.40 3 Chuck roll, retail ready 33 406,608 177.76 204.75 185.85 120 1 Brisket, deckle-off, bnls 207 1,050,718 129.00 150.00 135.40 120A 3 Brisket, point/off, bnls 81 194,741 200.30 247.00 224.92 123A 3 Short Plate, short rib 127 324,884 215.00 271.00 232.84 130 4 Chuck, short rib 131 417,301 128.00 175.00 160.63 160 1 Round, bone-in 49 92,192 127.00 157.00 140.06 161 1 Round, boneless 30 226,456 139.00 176.30 150.48 3 Round, bnls/peeled heel-out 17 62,358 160.00 185.00 163.18 167 1 Round, knuckle 167A 4 Round, knuckle, peeled 379 2,087,316 164.62 190.50 172.95 168 1 Round, top inside round 240 2,173,496 127.95 152.00 138.18 168 3 Round, top inside round 146 843,522 136.00 167.00 147.50 169 5 Round, top inside, denuded 116 309,082 165.00 194.00 176.76 3 Round, top inside, side off 12 72,075 161.00 172.00 166.30 170 1 Round, bottom gooseneck 49 110,085 131.62 155.50 145.04 171B 3 Round, outside round 325 1,945,263 158.96 186.50 169.41 171C 3 Round, eye of round 253 660,881 189.76 235.00 214.39 3 Round, flat/eye, heel-out 6 102,270 155.57 196.00 188.81 174 1 Loin, short loin, 2x3 19 9,202 307.00 357.00 335.01 174 3 Loin, short loin, 0x1 143 276,296 348.00 415.00 371.56 175 3 Loin, strip loin, 1x1 16 40,653 324.05 360.00 336.99 180 1 Loin, strip, bnls, heavy 13 50,199 309.94 330.00 314.61 1 Loin, strip loin bnls. 1x1 70 104,317 349.05 406.00 369.01 180 3 Loin, strip, bnls, 0x1 215 545,840 393.00 456.49 411.85 184 1 Loin, top butt, bnls, heavy 89 94,229 165.00 189.60 176.45 184 3 Loin, top butt, boneless 230 954,017 175.00 202.00 185.04 185A 4 Loin, bottom sirloin, flap 166 582,380 240.00 285.10 257.16 185B 1 Loin, ball-tip, bnls, light 19 12,166 157.00 176.50 163.77 185B 1 Loin, ball-tip, bnls,heavy 143 456,297 162.00 184.04 169.08 185C 1 Loin, sirloin, tri-tip 106 320,999 168.00 201.00 187.44 185D 4 Loin, sirloin, tri-tip, pld 58 90,301 244.57 295.00 263.50 189A 4 Loin, tndrloin, trmd, light 14 3,042 739.40 875.00 805.79 189A 4 Loin, tndrloin, trmd,heavy 131 381,237 800.14 945.00 848.52 191A 4 Loin, butt tender, trimmed 38 39,619 758.00 853.25 790.35 193 4 Flank, flank steak 137 273,640 290.00 351.00 317.73 -------------------------------------------------------------------------------- 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 110 338,872 398.31 492.00 422.31 112A 3 Rib, ribeye, bnls, light 41 224,653 505.00 625.00 536.98 112A 3 Rib, ribeye, bnls,heavy 100 182,734 471.80 556.25 514.06 113A 1 Chuck, square-cut, 2 piece 113C 1 Chuck, semi-bnls, neck/off 58 127,183 130.00 150.80 141.06 113C 3 Chuck, semi-bnls, neck/off 3 Chuck, semi-bnls n/o sh-cut 11 24,289 143.00 161.01 149.16 114 1 Chuck, shoulder clod 73 297,052 129.00 149.00 137.91 114A 3 Chuck, shoulder clod, trmd 216 1,588,727 139.76 165.05 151.38 114D 3 Chuck, clod, top blade 34 17,693 195.00 206.50 200.14 114E 3 Chuck, Clod, Arm Roast 114F 5 Chuck, clod tender 41 46,009 185.40 215.50 200.84 115 1 Chuck, 2-piece, boneless 7 14,099 151.00 159.00 154.74 116A 3 Chuck, roll, lxl, neck/off 335 3,448,284 155.01 186.50 166.57 116B 1 Chuck, chuck tender 128 268,517 140.00 166.00 146.62 3 Chuck roll, retail ready 12 53,226 165.20 193.21 182.19 120 1 Brisket, deckle-off, bnls 94 389,141 131.00 145.00 135.73 120A 3 Brisket, point/off, bnls 28 20,636 206.47 251.25 229.62 123A 3 Short Plate, short rib 119 117,365 205.00 267.00 222.14 130 4 Chuck, short rib 79 176,708 144.00 180.00 159.31 160 1 Round, bone-in 27 45,383 126.00 157.00 134.05 161 1 Round, boneless 36 98,831 139.00 166.25 147.46 3 Round, bnls/peeled heel-out 7 12,218 151.18 182.00 174.28 167 1 Round, knuckle 10 19,050 158.00 172.00 163.12 167A 4 Round, knuckle, peeled 275 990,714 165.00 190.50 170.90 168 1 Round, top inside round 224 1,399,149 133.40 155.00 138.75 168 3 Round, top inside round 127 874,538 137.00 168.50 145.38 169 5 Round, top inside, denuded 40 66,344 165.00 189.25 172.84 3 Round, Top Inside, side off 170 1 Round, bottom gooseneck 62 198,162 140.00 160.00 145.83 171B 3 Round, outside round 151 770,813 158.00 188.50 167.31 171C 3 Round, eye of round 199 495,836 188.76 238.00 211.72 3 Round, flat/eye, heel-out 0 0 174 1 Loin, short loin, 2x3 8 4,361 305.00 360.30 318.12 174 3 Loin, short loin, 0x1 177 445,366 315.00 364.00 332.99 175 3 Loin, strip loin, 1x1 17 144,849 294.00 315.00 297.26 180 1 Loin, strip, bnls, heavy 7 11,470 279.00 335.00 280.30 1 Loin, Strip Loin Bnls. 1x1 41 30,189 315.01 348.50 335.73 180 3 Loin, strip, bnls, 0x1 142 498,148 332.62 383.50 349.65 184 1 Loin, top butt, bnls, heavy 108 288,146 150.00 177.00 163.15 184 3 Loin, top butt, boneless 125 457,907 166.55 191.25 176.09 185A 4 Loin, bottom sirloin, flap 69 299,619 242.00 270.50 252.21 185B 1 Loin, ball-tip, bnls, light 21 9,021 150.00 178.50 165.70 185B 1 Loin, ball-tip, bnls,heavy 136 467,124 157.00 180.00 166.17 185C 1 Loin, sirloin, tri-tip 75 351,968 170.00 196.25 180.74 185D 4 Loin, sirloin, tri-tip, pld 47 19,771 240.00 295.50 279.07 189A 4 Loin, tndrloin, trmd, light 189A 4 Loin, tndrloin, trmd,heavy 96 149,611 656.50 801.00 715.73 191A 4 Loin, butt tender, trimmed 55 80,017 632.44 725.50 675.35 193 4 Flank, flank steak 68 133,855 291.00 355.50 308.65 -------------------------------------------------------------------------------- CHOICE AND SELECT CUTS, Fat Limitations (FL) 1-6 -------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Fresh 22 27,056 69.21 116.00 93.35 124 4 Rib, Back Ribs, Frozen 142 350,370 57.64 97.00 66.27 121D 4 Plate, Inside Skirt 236 1,321,505 193.14 237.00 201.78 121C 4 Plate, Outside Skirt 99 185,018 191.50 243.00 205.40 121E 6 Plate, Outside Skirt, pld 58 126,270 303.85 344.00 328.79 Cap and Wedge Meat 349 1,823,217 160.00 189.00 166.23 Pectoral Meat 226 558,771 175.00 210.50 195.96 -------------------------------------------------------------------------------- GROUND BEEF - STEER and HEIFER SOURCE -- 10 Pound Chub Basis -------------------------------------------------------------------------------- Ground Beef 73% 268 1,536,566 99.50 122.50 110.08 Ground Beef 75% 14 171,837 115.47 123.00 117.91 Ground Beef 81% 355 1,961,887 109.00 138.00 119.91 Ground Beef 85% Ground Beef 90% 12 8,917 151.60 176.00 167.84 Ground Beef 93% 197 520,618 151.96 190.50 177.04 Ground Beef Chuck 235 2,250,591 110.60 141.20 124.51 Ground Beef Round 152 817,491 131.78 154.20 140.22 Ground Beef Sirloin 37 140,963 193.00 231.00 198.98 -------------------------------------------------------------------------------- BLENDED GROUND BEEF - STEER, HEIFER and COW SOURCE -- 10 Pound Chub Basis -------------------------------------------------------------------------------- Blended Ground Beef 73% 50 257,757 100.00 136.00 111.62 Blended Ground Beef 75% Blended Ground Beef 81% 132 1,134,962 116.00 152.00 126.97 Blended Ground Beef 85% 12 16,825 138.00 165.00 156.10 Blended Ground Beef 90% 15 40,169 148.00 187.00 173.41 Blended Ground Beef 93% Blended Ground Beef Chuck 35 242,355 125.50 158.00 137.37 Blended Ground Beef Round 40 143,948 136.50 175.00 154.98 Blended Ground Beef Sirloin -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER and HEIFER SOURCE -------------------------------------------------------------------------------- Fresh 50% lean trimmings 113 2,717,880 61.90 71.00 65.49 Frozen 50% lean trimmings 27 628,420 61.90 77.00 65.09 -------------------------------------------------------------------------------- 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 .