Closing Boxed Beef Market Activity
DES MOINES - Mar 11/15 - SNS -- End of day market prices and volumes for the U.S. domestic boxed beef trade were reported by the USDA, showing prices and quantities traded for individual cuts.
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 on light to moderate demand and moderate offerings.
Select and Choice rib, chuck, round and loin cuts steady to weak. Beef trimmings
lower on light to moderate demand and moderate offerings.
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 247.47 244.88
Change from prior day: (0.32) (0.24)
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Choice/Select spread: 2.59
Total Load Count (Cuts, Trimmings, Grinds): 165
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COMPOSITE PRIMAL VALUES
Primal Rib 356.52 350.93
Primal Chuck 211.83 207.70
Primal Round 225.50 225.45
Primal Loin 319.73 315.96
Primal Brisket 198.08 203.45
Primal Short Plate 161.42 160.91
Primal Flank 131.84 127.45
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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
03/10 68 33 15 27 142 247.79 245.12
03/09 83 14 12 19 128 247.59 245.75
03/06 66 30 15 19 130 248.48 244.39
03/05 94 23 7 33 157 249.20 246.58
03/04 84 22 21 21 148 248.58 247.23
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Current 5 Day Simple Average: 248.33 245.81
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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 84.08 loads 3,363,275 pounds
Select Cuts 26.90 loads 1,076,001 pounds
Trimmings 16.58 loads 663,002 pounds
Ground Beef 37.38 loads 1,495,107 pounds
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Choice Cuts, Fat Limitations 1-6 (IM) = Individual Muscle
IMPS/FL Sub-Primal # of Total Price Weighted
Trades Pounds Range Average
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109E 1 Rib, ribeye, lip-on, bn-in 41 101,731 655.43 708.75 664.97
112A 3 Rib, ribeye, bnls, light 22 12,422 760.00 831.70 796.92
112A 3 Rib, ribeye, bnls, heavy 81 68,599 737.39 786.00 771.06
113C 1 Chuck, semi-bnls, neck/off 18 66,956 249.00 290.00 269.30
114 1 Chuck, shoulder clod 17 55,270 255.00 286.74 269.97
114A 3 Chuck, shoulder clod, trmd 39 136,079 270.00 306.98 279.71
114D 3 Chuck, clod, top blade 4 11,122 284.43 310.00 298.55
114E 3 Chuck, clod, arm roast 5 44,803 324.43 380.00 328.71
114F 5 Chuck, clod tender (IM) 7 2,964 520.00 535.50 522.14
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 104 285,219 300.00 338.00 320.33
116B 1 Chuck, chuck tender (IM) 38 35,655 301.59 327.00 313.21
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 88 356,908 298.00 336.00 304.84
120A 3 Brisket, point/off, bnls 13 142,825 528.50 559.00 532.12
123A 3 Short Plate, short rib 39 48,482 380.00 570.00 486.47
130 4 Chuck, short rib 63 85,179 264.20 380.00 287.04
160 1 Round, bone-in 5 7,537 282.00 293.75 283.22
161 1 Round, boneless 0 0
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 98 141,616 309.00 337.00 318.72
168 1 Round, top inside round 65 82,439 272.00 306.62 282.52
168 3 Round, top inside round 34 266,517 279.65 303.00 283.27
169 5 Round, top inside, denuded 18 25,954 321.00 360.00 333.96
3 Round, top inside, side off
170 1 Round, bottom gooseneck 6 3,139 256.00 280.00 261.64
171B 3 Round, outside round 69 163,410 281.00 308.75 287.98
171C 3 Round, eye of round (IM) 68 67,945 314.47 365.46 322.65
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 36 65,930 560.00 625.00 575.86
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1 8 4,745 549.26 592.00 568.63
180 3 Loin, strip, bnls, 0x1 77 113,210 579.85 653.00 603.83
184 1 Loin, top butt, bnls, heavy 20 142,624 366.11 440.67 374.53
184 3 Loin, top butt, boneless 43 126,290 415.00 463.75 427.01
185A 4 Loin, bottom sirloin, flap 51 169,082 469.00 554.25 489.79
185B 1 Loin, ball-tip, bnls, heavy 34 69,749 360.00 388.98 374.48
185C 1 Loin, sirloin, tri-tip (IM) 15 94,711 360.59 415.00 366.64
185D 4 Loin, tri-tip, pld (IM) 14 14,587 504.71 550.00 532.61
189A 4 Loin, tndrloin, trmd, heavy 82 129,529 1030.00 1191.00 1050.75
191A 4 Loin, butt tender, trimmed 9 23,295 1030.00 1065.00 1031.48
193 4 Flank, flank steak (IM) 16 10,529 551.68 588.75 568.05
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Select Cuts, Fat Limitations 1-6 (IM) = Individual Muscle
IMPS/FL Sub-Primal # of Total Price Weighted
Trades Pounds Range Average
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109E 1 Rib, ribeye, lip-on, bn-in 6 2,749 664.00 693.00 684.13
112A 3 Rib, ribeye, bnls, light 8 8,313 765.80 800.00 791.39
112A 3 Rib, ribeye, bnls, heavy 26 50,395 721.00 805.00 763.31
113C 1 Chuck, semi-bnls, neck/off 11 54,528 249.00 282.00 253.52
114 1 Chuck, shoulder clod 9 25,223 262.18 290.50 272.86
114A 3 Chuck, shoulder clod, trmd 11 37,650 269.00 290.00 285.52
114D 3 Chuck, clod, top blade 0 0
114E 3 Chuck, clod, arm roast 0 0
114F 5 Chuck, clod tender (IM) 0 0
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 24 101,461 308.00 335.00 312.36
116B 1 Chuck, chuck tender (IM) 11 9,875 310.00 331.98 314.95
3 Chuck roll, retail ready 0 0
120 1 Brisket, deckle-off, bnls 8 10,558 315.00 330.50 320.74
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib 3 3,959 421.00 535.33 445.80
130 4 Chuck, short rib 5 12,396 272.00 300.00 274.16
160 1 Round, bone-in
161 1 Round, boneless 4 4,412 294.00 294.00 294.00
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 14 12,755 316.00 332.00 322.29
168 1 Round, top inside round 17 15,847 274.47 300.06 283.38
168 3 Round, top inside round 27 178,362 280.00 312.98 282.18
169 5 Round, top inside, denuded 5 3,907 325.00 363.75 333.03
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck
171B 3 Round, outside round 19 45,334 284.00 298.30 291.24
171C 3 Round, eye of round (IM) 17 26,380 311.66 328.70 319.32
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 17 51,056 556.00 590.00 563.86
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1
180 3 Loin, strip, bnls, 0x1 23 34,117 514.25 620.00 583.52
184 1 Loin, top butt, bnls, heavy 6 7,934 419.00 425.00 421.91
184 3 Loin, top butt, boneless 8 10,181 435.00 445.00 441.98
185A 4 Loin, bottom sirloin, flap 5 3,144 495.00 510.00 498.66
185B 1 Loin, ball-tip, bnls, heavy 9 13,262 368.98 385.00 382.78
185C 1 Loin, sirloin, tri-tip (IM) 5 84,857 355.00 384.00 355.53
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 10 13,925 1020.00 1188.75 1049.67
191A 4 Loin, butt tender, trimmed 7 1,976 1005.80 1050.00 1036.26
193 4 Flank, flank steak (IM)
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CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle
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124 4 Rib, Back Ribs, Fresh
124 4 Rib, Back Ribs, Frozen 10 54,193 113.00 145.29 134.09
121D 4 Plate, Inside Skirt (IM) 38 82,221 438.00 461.00 446.14
121C 4 Plate, Outside Skirt (IM) 23 22,902 520.00 593.50 550.98
121E 6 Outside Skirt, pld (IM) 8 7,435 702.00 815.00 732.60
Cap, Wedge Meat & (IM) Lean 43 157,132 300.00 356.75 317.34
Pectoral Meat 23 55,195 320.00 360.00 326.72
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 26 137,244 200.00 239.06 213.30
Ground Beef 75%
Ground Beef 81% 92 755,986 227.40 288.25 240.61
Ground Beef 85%
Ground Beef 90%
Ground Beef 93% 31 75,635 350.00 370.67 366.50
Ground Beef Chuck 80% 34 100,477 255.00 270.00 266.36
Ground Beef Round 85% 36 81,867 314.65 329.96 323.67
Ground Beef Sirloin 90%
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BLENDED GB - STEER/HEIFER/COW SOURCE - 10 Pound Chub Basis - Coarse & Fine Grind
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Blended Ground Beef 73%
Blended Ground Beef 75%
Blended Ground Beef 81% 20 103,455 253.11 285.70 266.25
Blended Ground Beef 85%
Blended Ground Beef 90%
Blended Ground Beef 93%
Blended Ground Beef Chuck 80%
Blended Ground Beef Round 85%
Blended Ground Beef Sirloin 90%
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BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed
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Fresh 50% lean trimmings 21 551,772 84.00 90.95 87.73
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_XB459 as the item may qualify.
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Source: USDA Market News Service, Des Moines, IA
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