Closing Boxed Beef Market Activity
DES MOINES - Feb 4/16 - 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 firm on moderate demand and light to moderate offerings.
Select and Choice rib, chuck, round, and loin cuts steady to firm. Beef trimmings
generally steady on light demand and offerings.
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 223.03 218.48
Change from prior day: 0.46 0.46
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Choice/Select spread: 4.55
Total Load Count (Cuts, Trimmings, Grinds): 113
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COMPOSITE PRIMAL VALUES
Primal Rib 331.45 323.44
Primal Chuck 192.96 188.72
Primal Round 214.39 214.64
Primal Loin 280.70 270.04
Primal Brisket 157.57 154.10
Primal Short Plate 126.14 125.68
Primal Flank 110.04 111.07
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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
02/03 61 42 4 28 135 222.57 218.02
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
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Current 5 Day Simple Average: 220.89 216.77
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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 66.34 loads 2,653,751 pounds
Select Cuts 19.95 loads 797,906 pounds
Trimmings 14.89 loads 595,533 pounds
Ground Beef 11.98 loads 479,385 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 7 5,602 625.80 666.00 644.22
112A 3 Rib, ribeye, bnls, light 3 1,259 778.00 790.00 783.19
112A 3 Rib, ribeye, bnls, heavy 30 32,738 729.00 765.35 746.51
113C 1 Chuck, semi-bnls, neck/off
114 1 Chuck, shoulder clod 11 25,396 221.55 239.75 226.98
114A 3 Chuck, shoulder clod, trmd 12 125,714 232.00 245.00 235.10
114D 3 Chuck, clod, top blade 4 65,376 283.00 303.79 288.05
114E 3 Chuck, clod, arm roast 7 39,787 363.32 380.00 374.06
114F 5 Chuck, clod tender (IM) 11 6,035 437.40 451.50 443.12
115 1 Chuck, 2-piece, boneless
116A 3 Chuck, roll, lxl, neck/off 36 272,113 295.00 335.00 319.13
116B 1 Chuck, chuck tender (IM) 7 27,197 268.10 290.00 277.77
3 Chuck roll, retail ready
120 1 Brisket, deckle-off, bnls 36 270,441 240.00 276.58 244.70
120A 3 Brisket, point/off, bnls 5 6,011 390.00 425.00 410.66
123A 3 Short Plate, short rib 9 17,221 366.00 435.00 395.10
130 4 Chuck, short rib 18 57,099 290.00 335.00 311.05
160 1 Round, bone-in
161 1 Round, boneless 4 3,212 269.75 274.00 273.82
3 Round, bnls/peeled heel-out 0 0
167A 4 Round, knuckle, peeled 25 121,375 295.00 322.25 303.33
168 1 Round, top inside round 13 39,385 228.00 263.00 240.73
168 3 Round, top inside round 20 162,045 253.30 284.00 263.62
169 5 Round, top inside, denuded 6 16,661 282.69 310.00 296.34
3 Round, top inside, side off
170 1 Round, bottom gooseneck 3 2,759 229.00 234.70 230.71
171B 3 Round, outside round 32 190,375 284.67 310.00 299.80
171C 3 Round, eye of round (IM) 22 42,942 263.00 292.75 273.29
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 12 118,000 520.00 565.00 525.71
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1 8 9,983 510.00 524.75 512.58
180 3 Loin, strip, bnls, 0x1 37 271,884 542.59 602.00 547.64
184 1 Loin, top butt, bnls, heavy 6 45,303 281.75 315.00 284.28
184 3 Loin, top butt, boneless 9 19,393 299.00 335.00 321.13
185A 4 Loin, bottom sirloin, flap 24 114,380 524.43 574.25 543.74
185B 1 Loin, ball-tip, bnls, heavy 17 76,928 231.00 265.50 242.10
185C 1 Loin, sirloin, tri-tip (IM) 10 45,010 252.00 291.58 257.32
185D 4 Loin, tri-tip, pld (IM) 3 21,430 352.75 374.25 371.89
189A 4 Loin, tndrloin, trmd, heavy 29 60,128 990.00 1121.50 1020.77
191A 4 Loin, butt tender, trimmed
193 4 Flank, flank steak (IM) 20 38,516 490.34 555.00 513.56
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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 3,614 635.00 669.50 643.56
112A 3 Rib, ribeye, bnls, light 5 5,387 704.00 753.00 727.35
112A 3 Rib, ribeye, bnls, heavy 14 30,727 708.00 750.50 721.42
113C 1 Chuck, semi-bnls, neck/off 5 14,685 232.00 250.00 234.08
114 1 Chuck, shoulder clod 9 107,200 222.00 250.75 227.57
114A 3 Chuck, shoulder clod, trmd 12 53,911 232.00 265.75 238.85
114D 3 Chuck, clod, top blade 0 0
114E 3 Chuck, clod, arm roast 0 0
114F 5 Chuck, clod tender (IM) 9 7,862 378.00 420.75 393.44
115 1 Chuck, 2-piece, boneless 0 0
116A 3 Chuck, roll, lxl, neck/off 16 47,130 292.42 324.00 307.81
116B 1 Chuck, chuck tender (IM) 7 32,413 280.00 295.75 281.83
3 Chuck roll, retail ready 0 0
120 1 Brisket, deckle-off, bnls 10 56,900 235.69 255.00 240.33
120A 3 Brisket, point/off, bnls 0 0
123A 3 Short Plate, short rib 5 2,169 365.00 460.00 394.74
130 4 Chuck, short rib 5 10,421 290.00 310.75 303.29
160 1 Round, bone-in 0 0
161 1 Round, boneless
3 Round, bnls/peeled heel-out
167A 4 Round, knuckle, peeled 11 17,609 298.40 330.75 315.00
168 1 Round, top inside round 4 5,619 245.00 262.98 248.14
168 3 Round, top inside round 15 40,095 243.00 269.00 252.19
169 5 Round, top inside, denuded 5 2,998 284.00 315.75 299.57
3 Round, top inside, side off
170 1 Round, bottom gooseneck
171B 3 Round, outside round 10 10,863 284.67 319.98 293.25
171C 3 Round, eye of round (IM) 9 20,064 270.00 290.75 278.60
174 1 Loin, short loin, 2x3
174 3 Loin, short loin, 0x1 15 51,240 507.00 550.75 513.75
175 3 Loin, strip loin, 1x1
180 1 Loin, strip, bnls, heavy 0 0
1 Loin, strip loin bnls. 1x1 0 0
180 3 Loin, strip, bnls, 0x1 12 27,445 539.56 561.75 546.63
184 1 Loin, top butt, bnls, heavy 7 9,632 277.00 294.50 281.86
184 3 Loin, top butt, boneless 12 33,119 302.00 325.00 305.11
185A 4 Loin, bottom sirloin, flap 6 10,167 516.00 574.50 531.06
185B 1 Loin, ball-tip, bnls, heavy 5 42,138 240.00 265.00 247.95
185C 1 Loin, sirloin, tri-tip (IM) 3 1,376 224.00 230.00 228.48
185D 4 Loin, tri-tip, pld (IM)
189A 4 Loin, tndrloin, trmd, heavy 8 5,378 975.00 1030.25 1013.39
191A 4 Loin, butt tender, trimmed 3 2,865 999.00 1020.00 1016.97
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 6 17,727 81.00 119.73 90.80
121D 4 Plate, Inside Skirt (IM) 27 99,496 370.00 425.00 383.06
121C 4 Plate, Outside Skirt (IM) 20 33,381 515.00 581.00 533.55
121E 6 Outside Skirt, pld (IM) 8 8,377 785.00 825.00 798.76
Cap, Wedge Meat & (IM) Lean 25 88,990 242.40 280.00 254.00
Pectoral Meat 23 136,312 246.00 290.00 251.63
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GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind
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Ground Beef 73% 7 37,024 171.12 213.00 198.29
Ground Beef 75%
Ground Beef 81% 12 15,564 222.00 236.00 225.14
Ground Beef 85% 0 0
Ground Beef 90% 0 0
Ground Beef 93% 11 26,254 335.00 348.50 343.61
Ground Beef Chuck 80% 5 66,353 218.63 249.00 240.42
Ground Beef Round 85% 4 13,247 321.00 330.00 325.41
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%
Blended Ground Beef 85% 0 0
Blended Ground Beef 90%
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 13 187,443 50.00 55.00 52.19
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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