Opening Boxed Beef Market Activity
DES MOINES - Feb 17/09 - SNS -- Opening market prices and volumes were reported by the USDA this morning for the U.S. domestic market for boxed beef, with sales broken down by cut.
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
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Current Cutout Values: 135.91 135.69
Change from prior day: 0.43 0.53
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Choice/Select spread: 0.22
Total Load Count (Cuts, Trimmings, Grinds): 107
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COMPOSITE PRIMAL VALUES
Primal Rib 187.46 185.32
Primal Chuck 113.29 115.41
Primal Round 130.34 129.88
Primal Loin 178.05 174.81
Primal Brisket 97.40 97.93
Primal Short Plate 93.18 94.70
Primal Flank 81.33 82.92
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LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS
CHOICE SELECT
Date Choice Select Trim Grinds Total 600-900 600-900
02/16 89 52 16 41 197 135.48 135.16
02/13 130 47 7 44 229 135.18 134.48
02/12 104 57 25 41 227 136.12 135.25
02/11 203 83 42 88 416 136.42 135.20
02/10 108 71 24 34 236 137.15 134.83
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Current 5 Day Simple Average: 136.07 134.98
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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 53.54 loads 2,141,548 pounds
Select Cuts 22.29 loads 891,561 pounds
Trimmings 16.06 loads 642,325 pounds
Coarse Grinds 15.06 loads 602,437 pounds
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Choice Cuts, Fat Limitations 1-6
IMPS/FL Sub-Primal # of Total Price Weighted
Trades Pounds Range Average
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109A 1 Rib, roast-ready, heavy 6 2,862 295.00 306.00 305.39
109E 1 Rib, ribeye, lip-on, bn-in 14 79,949 357.50 390.00 377.98
112A 3 Rib, ribeye, bnls, light 17 30,182 387.25 485.00 424.67
112A 3 Rib, ribeye, bnls, heavy 45 89,903 387.25 432.00 417.72
113A 1 Chuck, square-cut, 2 piece
113C 1 Chuck, semi-bnls, neck/off
113C 3 Chuck, semi-bnls, neck/off 0 0
3 Chuck, semi-bnls n/o sh-cut
114 1 Chuck, shoulder clod 10 19,586 145.00 155.50 147.29
114A 3 Chuck, shoulder clod, trmd 8 56,119 149.00 161.00 153.52
114D 3 Chuck, clod, top blade 6 7,352 220.00 228.63 222.23
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender 21 16,693 236.72 275.00 257.35
115 1 Chuck, 2-piece, boneless 5 11,890 151.60 159.25 153.28
116A 3 Chuck, roll, lxl, neck/off 33 277,974 159.20 182.00 167.27
116B 1 Chuck, chuck tender 7 6,241 181.25 194.50 188.54
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 27 224,585 140.50 158.00 145.84
120A 3 Brisket, point/off, bnls 15 24,553 239.50 253.50 246.70
123A 3 Short Plate, short rib 19 25,594 151.50 200.00 180.33
130 4 Chuck, short rib 8 23,615 140.27 165.25 151.03
160 1 Round, bone-in 3 13,190 156.00 172.50 156.51
161 1 Round, boneless 4 15,351 160.00 173.00 165.78
3 Round, bnls/peeled heel-out 5 2,435 173.00 200.00 184.25
167 1 Round, knuckle
167A 4 Round, knuckle, peeled 31 104,640 175.00 189.50 180.61
168 1 Round, top inside round 25 86,278 164.00 176.50 166.59
168 3 Round, top inside round 6 12,522 175.00 184.50 179.30
169 5 Round, top inside, denuded 10 12,757 192.47 207.00 201.20
3 Round, top inside, side off 3 17,169 189.42 193.00 190.56
170 1 Round, bottom gooseneck 6 4,999 160.00 170.00 168.33
171B 3 Round, outside round 22 78,665 160.09 182.00 164.43
171C 3 Round, eye of round 27 69,920 203.50 233.00 209.42
3 Round, flat/eye, heel-out 0 0
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 16 100,473 344.95 375.00 349.90
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy
1 Loin, strip loin bnls. 1x1 25 32,892 358.50 380.55 375.68
180 3 Loin, strip, bnls, 0x1 30 48,925 414.00 439.00 422.53
184 1 Loin, top butt, bnls, heavy
184 3 Loin, top butt, boneless 9 24,909 201.50 226.50 215.14
185A 4 Loin, bottom sirloin, flap 16 18,873 256.00 271.50 264.99
185B 1 Loin, ball-tip, bnls, light
185B 1 Loin, ball-tip, bnls, heavy 27 77,798 184.61 196.50 187.23
185C 1 Loin, sirloin, tri-tip 10 150,659 214.00 235.00 224.44
185D 4 Loin, sirloin, tri-tip, pld 13 12,896 306.00 335.00 313.04
189A 4 Loin, tndrloin, trmd, light
189A 4 Loin, tndrloin, trmd, heavy 31 33,584 580.00 640.00 604.47
191A 4 Loin, butt tender, trimmed 9 4,700 590.00 646.00 625.54
193 4 Flank, flank steak 23 20,130 322.00 355.00 338.62
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Select Cuts, Fat Limitations 1-6
IMPS/FL Sub-Primal # of Total Price Weighted
Trades Pounds Range Average
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109A 1 Rib, roast-ready, heavy 0 0
109E 1 Rib, ribeye, lip-on, bn-in 12 14,242 341.50 376.00 347.32
112A 3 Rib, ribeye, bnls, light 13 32,073 410.00 446.00 439.59
112A 3 Rib, ribeye, bnls, heavy 27 31,950 410.00 430.00 419.33
113A 1 Chuck, square-cut, 2 piece
113C 1 Chuck, semi-bnls, neck/off 9 7,651 137.00 153.19 140.92
113C 3 Chuck, semi-bnls, neck/off
3 Chuck, semi-bnls n/o sh-cut 0 0
114 1 Chuck, shoulder clod
114A 3 Chuck, shoulder clod, trmd 6 6,354 160.50 166.50 161.16
114D 3 Chuck, clod, top blade 0 0
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender 6 5,792 250.00 250.00 250.00
115 1 Chuck, 2-piece, boneless 6 27,996 142.00 158.50 151.50
116A 3 Chuck, roll, lxl, neck/off 16 81,632 164.40 183.50 171.19
116B 1 Chuck, chuck tender 6 17,320 175.00 194.00 182.76
3 Chuck roll, retail ready 0 0
120 1 Brisket, deckle-off, bnls 14 141,107 137.00 154.00 146.57
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib 8 42,037 149.79 172.00 157.61
130 4 Chuck, short rib 4 8,666 145.50 152.19 149.26
160 1 Round, bone-in
161 1 Round, boneless 4 4,700 163.50 183.50 172.65
3 Round, bnls/peeled heel-out 0 0
167 1 Round, knuckle 0 0
167A 4 Round, knuckle, peeled 9 22,894 175.50 192.25 180.24
168 1 Round, top inside round 7 21,181 166.00 170.00 167.66
168 3 Round, top inside round
169 5 Round, top inside, denuded
3 Round, top Inside, side off 0 0
170 1 Round, bottom gooseneck
171B 3 Round, outside round 5 9,140 173.93 186.50 176.10
171C 3 Round, eye of round 10 33,307 205.00 228.00 212.76
3 Round, flat/eye, heel-out 0 0
174 1 Loin, short loin, 2x3 0 0
174 3 Loin, short loin, 0x1 12 20,736 335.40 371.50 342.81
175 3 Loin, strip loin, 1x1 0 0
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1 5 4,434 350.00 351.50 350.03
180 3 Loin, strip, bnls, 0x1 15 7,056 382.00 425.00 389.26
184 1 Loin, top butt, bnls, heavy 6 10,058 185.00 203.75 197.47
184 3 Loin, top butt, boneless 11 33,719 212.00 230.00 216.26
185A 4 Loin, bottom sirloin, flap
185B 1 Loin, ball-tip, bnls, light 0 0
185B 1 Loin, ball-tip, bnls, heavy 9 15,833 188.00 203.00 188.74
185C 1 Loin, sirloin, tri-tip 6 21,639 200.00 235.00 220.85
185D 4 Loin, sirloin, tri-tip, pld
189A 4 Loin, tndrloin, trmd, light 0 0
189A 4 Loin, tndrloin, trmd, heavy 20 23,173 543.00 600.00 567.13
191A 4 Loin, butt tender, trimmed 11 4,314 567.00 602.25 575.10
193 4 Flank, flank steak 4 5,906 320.00 339.97 329.95
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CHOICE AND SELECT CUTS, Fat Limitations (FL) 1-6
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124 4 Rib, Back Ribs, Fresh
124 4 Rib, Back Ribs, Frozen 9 28,532 63.50 101.00 82.19
121D 4 Plate, Inside Skirt 21 68,159 228.00 274.40 244.62
121C 4 Plate, Outside Skirt 11 20,232 209.00 238.50 226.96
121E 6 Plate, Outside Skirt, pld 19 35,741 311.00 377.00 342.80
Cap and Wedge Meat 32 249,263 163.65 184.75 167.74
Pectoral Meat 18 39,778 220.00 254.97 244.45
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GROUND BEEF - STEER and HEIFER SOURCE -- 10 Pound Chub Basis
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Ground Beef 73% 15 127,060 118.00 131.50 119.54
Ground Beef 75%
Ground Beef 81% 24 70,660 127.00 144.00 133.78
Ground Beef 85% 0 0
Ground Beef 90%
Ground Beef 93% 6 26,581 180.00 194.61 180.81
Ground Beef Chuck 11 63,857 133.03 149.00 137.08
Ground Beef Round 11 39,015 150.00 166.00 153.39
Ground Beef Sirloin
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BLENDED GROUND BEEF - STEER, HEIFER and COW SOURCE -- 10 Pound Chub Basis
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Blended Ground Beef 73% 10 39,411 121.20 134.25 126.43
Blended Ground Beef 75% 0 0
Blended Ground Beef 81% 13 123,996 123.10 153.00 133.03
Blended Ground Beef 85%
Blended Ground Beef 90%
Blended Ground Beef 93%
Blended Ground Beef Chuck
Blended Ground Beef Round 3 4,920 175.90 180.00 176.95
Blended Ground Beef Sirloin
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BEEF TRIMMINGS - STEER and HEIFER SOURCE
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Fresh 50% lean trimmings 18 597,875 71.77 77.00 74.95
Frozen 50% lean trimmings
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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"
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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.
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Source: USDA Market News Service, Des Moines, IA
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