Closing Boxed Beef Market Activity
DES MOINES - Feb 3/16 - 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 steady on Choice and firm on Select on light to moderate
demand and offerings. Select and Choice rib, round, and loin cuts steady to firm
while chuck cuts weak to lower. Beef trimmings were not fully established.
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 222.57 218.02
Change from prior day: 0.10 0.39
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Choice/Select spread: 4.55
Total Load Count (Cuts, Trimmings, Grinds): 135
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COMPOSITE PRIMAL VALUES
Primal Rib 328.37 322.48
Primal Chuck 192.75 188.96
Primal Round 214.11 213.20
Primal Loin 279.70 268.61
Primal Brisket 161.32 158.41
Primal Short Plate 125.80 125.34
Primal Flank 112.17 111.67
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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
02/02 65 31 17 16 129 222.47 217.63
02/01 51 22 13 19 105 220.52 215.66
01/29 81 20 12 10 122 218.76 217.13
01/28 98 35 33 10 176 220.12 215.43
01/27 80 36 12 36 164 221.33 215.02
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Current 5 Day Simple Average: 220.64 216.17
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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 60.67 loads 2,426,790 pounds
Select Cuts 42.28 loads 1,691,297 pounds
Trimmings 4.39 loads 175,740 pounds
Ground Beef 27.82 loads 1,112,645 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 32 40,895 622.45 705.00 672.90
112A 3 Rib, ribeye, bnls, light 12 21,027 705.00 790.00 752.78
112A 3 Rib, ribeye, bnls, heavy 78 43,925 705.00 749.50 734.24
113C 1 Chuck, semi-bnls, neck/off 5 18,991 234.75 245.16 238.15
114 1 Chuck, shoulder clod 8 14,342 225.00 240.00 235.25
114A 3 Chuck, shoulder clod, trmd 43 201,847 232.00 258.81 239.45
114D 3 Chuck, clod, top blade 5 11,625 312.00 332.84 314.40
114E 3 Chuck, clod, arm roast 4 7,595 360.78 380.00 370.83
114F 5 Chuck, clod tender (IM) 13 5,471 437.66 460.00 441.73
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 63 153,016 292.26 338.81 319.57
116B 1 Chuck, chuck tender (IM) 29 30,473 270.87 297.00 280.13
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 52 117,056 240.00 277.66 250.41
120A 3 Brisket, point/off, bnls 12 6,383 425.00 425.00 425.00
123A 3 Short Plate, short rib 34 35,688 400.00 496.25 447.47
130 4 Chuck, short rib 33 24,224 290.00 335.00 311.92
160 1 Round, bone-in
161 1 Round, boneless
3 Round, bnls/peeled heel-out 0 0
167A 4 Round, knuckle, peeled 58 175,564 295.00 321.25 305.72
168 1 Round, top inside round 42 58,475 236.00 255.00 241.57
168 3 Round, top inside round 31 308,409 250.00 270.63 259.18
169 5 Round, top inside, denuded 16 28,212 275.21 310.00 305.86
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck 4 17,303 232.00 266.25 238.40
171B 3 Round, outside round 43 166,177 288.00 310.00 300.59
171C 3 Round, eye of round (IM) 47 51,247 267.94 305.00 280.84
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 26 101,032 520.00 552.45 527.15
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1 3 6,142 510.00 515.25 514.47
180 3 Loin, strip, bnls, 0x1 69 64,874 550.00 602.84 565.36
184 1 Loin, top butt, bnls, heavy 8 3,928 307.75 323.00 315.76
184 3 Loin, top butt, boneless 28 38,542 310.00 335.00 320.55
185A 4 Loin, bottom sirloin, flap 28 32,307 521.00 576.25 549.07
185B 1 Loin, ball-tip, bnls, heavy 25 65,078 231.69 262.00 239.81
185C 1 Loin, sirloin, tri-tip (IM) 17 170,226 250.70 276.50 254.59
185D 4 Loin, tri-tip, pld (IM) 15 63,928 350.00 392.66 364.99
189A 4 Loin, tndrloin, trmd, heavy 48 135,873 980.00 1136.00 996.36
191A 4 Loin, butt tender, trimmed 5 2,692 1035.00 1045.00 1038.95
193 4 Flank, flank steak (IM) 17 10,724 524.00 560.00 540.89
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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 8 4,451 625.00 653.00 641.16
112A 3 Rib, ribeye, bnls, light 9 7,308 717.66 780.00 740.80
112A 3 Rib, ribeye, bnls, heavy 28 46,925 699.00 760.00 723.34
113C 1 Chuck, semi-bnls, neck/off 9 39,087 232.00 240.00 233.55
114 1 Chuck, shoulder clod 7 19,378 224.90 236.71 230.06
114A 3 Chuck, shoulder clod, trmd 15 31,895 239.12 264.00 247.99
114D 3 Chuck, clod, top blade
114E 3 Chuck, clod, arm roast
114F 5 Chuck, clod tender (IM) 5 5,379 390.00 430.50 402.27
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 27 186,897 292.76 335.00 305.78
116B 1 Chuck, chuck tender (IM) 8 9,097 270.08 290.00 281.96
3 Chuck roll, retail ready 0 0
120 1 Brisket, deckle-off, bnls 19 108,481 230.75 260.00 240.14
120A 3 Brisket, point/off, bnls
123A 3 Short Plate, short rib 4 6,906 315.00 465.00 431.85
130 4 Chuck, short rib 8 18,768 288.00 314.00 289.92
160 1 Round, bone-in
161 1 Round, boneless
3 Round, bnls/peeled heel-out 0 0
167A 4 Round, knuckle, peeled 12 24,153 305.25 320.25 313.80
168 1 Round, top inside round 9 13,032 245.00 255.00 248.67
168 3 Round, top inside round 8 31,263 253.00 261.00 254.59
169 5 Round, top inside, denuded
3 Round, top inside, side off 0 0
170 1 Round, bottom gooseneck
171B 3 Round, outside round 14 29,150 286.00 304.00 295.28
171C 3 Round, eye of round (IM) 9 11,087 270.00 280.45 275.47
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 27 41,363 510.00 551.25 527.89
175 3 Loin, strip loin, 1x1 0 0
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1
180 3 Loin, strip, bnls, 0x1 28 31,118 519.00 550.25 535.30
184 1 Loin, top butt, bnls, heavy 9 16,678 281.88 295.00 283.78
184 3 Loin, top butt, boneless 22 45,185 301.00 330.50 317.33
185A 4 Loin, bottom sirloin, flap 4 27,862 517.66 550.60 531.35
185B 1 Loin, ball-tip, bnls, heavy 12 20,438 245.50 270.00 256.88
185C 1 Loin, sirloin, tri-tip (IM) 4 16,112 220.00 249.75 227.55
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 16 27,618 967.00 1035.00 990.79
191A 4 Loin, butt tender, trimmed 6 1,706 999.00 1030.25 1008.77
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 13 448,115 77.46 117.94 78.22
121D 4 Plate, Inside Skirt (IM) 25 156,351 375.00 419.28 379.39
121C 4 Plate, Outside Skirt (IM) 22 37,019 519.18 575.16 530.83
121E 6 Outside Skirt, pld (IM) 3 1,878 790.00 824.80 796.00
Cap, Wedge Meat & (IM) Lean 40 233,303 239.00 272.25 243.45
Pectoral Meat 32 81,661 251.00 280.00 260.25
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 20 84,726 189.52 233.00 201.07
Ground Beef 75%
Ground Beef 81% 64 298,700 193.00 250.00 222.32
Ground Beef 85% 0 0
Ground Beef 90%
Ground Beef 93% 20 119,484 336.00 349.00 341.48
Ground Beef Chuck 80% 28 155,999 207.07 249.00 215.06
Ground Beef Round 85% 23 53,010 321.00 326.00 325.60
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% 20 220,486 208.11 234.05 217.54
Blended Ground Beef 85%
Blended Ground Beef 90% 0 0
Blended Ground Beef 93%
Blended Ground Beef Chuck 80%
Blended Ground Beef Round 85%
Blended Ground Beef Sirloin 90% 0 0
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BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed
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Fresh 50% lean trimmings 0 0
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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