LM_XB403
Des Moines, IA                  Fri, Feb 06, 2009               USDA Market News

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 lower on moderate demand and moderate to heavy 
offerings.  Select and Choice rib, chuck, round and loin cuts weak to lower.
Beef trimmings generally steady on moderate demand and offerings.

                                                CHOICE         SELECT
                                                600-900        600-900
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Current Cutout Values:                          136.87         133.96
Change from prior day:                          (1.98)         (1.38)
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Choice/Select spread:                                    2.92

Total Load Count (Cuts, Trimmings, Grinds):               375
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COMPOSITE PRIMAL VALUES
 Primal Rib                                     188.39         181.64
 Primal Chuck                                   114.93         115.65
 Primal Round                                   133.00         129.06
 Primal Loin                                    178.47         171.08
 Primal Brisket                                  96.56          96.90
 Primal Short Plate                              90.09          91.57
 Primal Flank                                    79.89          78.66
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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
02/05   156   118    76    57    408            138.85         135.34
02/04   163   145    42    70    420            140.21         136.90
02/03    91    77     8    46    222            141.12         137.37
02/02   148    76    83    66    374            141.53         138.17
01/30   108    58    33    62    262            141.83         138.90
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Current 5 Day Simple Average:                   140.71         137.34
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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            150.46  loads          6,018,591  pounds
 Select Cuts             99.39  loads          3,975,722  pounds
 Trimmings               37.41  loads          1,496,361  pounds
 Coarse Grinds           88.15  loads          3,525,910  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           3       1,779   292.00  353.45  305.49
109E 1  Rib, ribeye, lip-on, bn-in       25     104,318   353.00  400.09  364.01
112A 3  Rib, ribeye, bnls, light          6      18,777   428.00  440.00  438.17
112A 3  Rib, ribeye, bnls, heavy         31      32,642   403.00  441.10  428.17
113A 1  Chuck, square-cut, 2 piece
113C 1  Chuck, semi-bnls, neck/off        7      68,923   140.00  144.00  142.27
113C 3  Chuck, semi-bnls, neck/off
     3  Chuck, semi-bnls n/o sh-cut
114  1  Chuck, shoulder clod             20     171,439   139.00  153.00  143.65
114A 3  Chuck, shoulder clod, trmd       37     167,367   152.00  165.00  158.34
114D 3  Chuck, clod, top blade            3      24,689   207.00  259.50  208.54
114E 3  Chuck, clod, arm roast
114F 5  Chuck, clod tender               13      22,526   235.00  274.50  241.15
115  1  Chuck, 2-piece, boneless          7      22,576   144.75  160.25  151.06
116A 3  Chuck, roll, lxl, neck/off      100   1,143,441   167.00  186.00  174.55
116B 1  Chuck, chuck tender              19      37,014   180.25  190.00  188.24
     3  Chuck roll, retail ready          4      95,878   175.00  183.00  176.48
120  1  Brisket, deckle-off, bnls        27     197,562   140.25  153.90  144.42
120A 3  Brisket, point/off, bnls          8       4,726   241.50  255.00  248.90
123A 3  Short Plate, short rib           12      41,845   158.00  205.00  188.08
130  4  Chuck, short rib                 20     159,706   127.00  151.00  133.93
160  1  Round, bone-in                    7      10,828   157.00  171.50  161.36
161  1  Round, boneless                   0           0
     3  Round, bnls/peeled heel-out
167  1  Round, knuckle                    0           0
167A 4  Round, knuckle, peeled           56     384,900   170.00  188.50  179.92
168  1  Round, top inside round          30     194,277   155.00  170.00  163.23
168  3  Round, top inside round          42     706,354   168.00  181.00  172.58
169  5  Round, top inside, denuded       19      65,623   191.00  211.75  197.11
     3  Round, top inside, side off      14     383,654   185.90  189.00  188.68
170  1  Round, bottom gooseneck           9      10,259   165.00  181.25  173.73
171B 3  Round, outside round             39     303,344   167.00  194.54  175.54
171C 3  Round, eye of round              31      90,813   205.00  235.00  215.37
     3  Round, flat/eye, heel-out         0           0
174  1  Loin, short loin, 2x3
174  3  Loin, short loin, 0x1            26     146,853   335.00  380.00  348.84
175  3  Loin, strip loin, 1x1
180  1  Loin, strip, bnls, heavy
     1  Loin, strip loin bnls. 1x1       11       7,315   374.50  390.00  380.44
180  3  Loin, strip, bnls, 0x1           15      12,721   412.00  440.20  427.27
184  1  Loin, top butt, bnls, heavy      15      65,642   181.00  200.27  184.52
184  3  Loin, top butt, boneless         32     113,825   185.00  223.00  209.09
185A 4  Loin, bottom sirloin, flap       50     315,220   247.40  270.00  259.16
185B 1  Loin, ball-tip, bnls, light
185B 1  Loin, ball-tip, bnls, heavy      17      24,643   176.83  195.00  184.43
185C 1  Loin, sirloin, tri-tip           14      52,757   221.50  230.00  225.86
185D 4  Loin, sirloin, tri-tip, pld       4       3,080   290.00  305.00  300.22
189A 4  Loin, tndrloin, trmd, light       0           0
189A 4  Loin, tndrloin, trmd, heavy      46     429,286   575.00  693.00  591.46
191A 4  Loin, butt tender, trimmed       10      46,292   615.00  684.76  630.86
193  4  Flank, flank steak               17      73,176   319.00  355.00  329.37
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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
109E 1  Rib, ribeye, lip-on, bn-in       17      43,361   339.00  374.00  354.02
112A 3  Rib, ribeye, bnls, light         10     123,131   423.00  450.00  435.61
112A 3  Rib, ribeye, bnls, heavy         22     104,852   390.00  441.50  418.64
113A 1  Chuck, square-cut, 2 piece        0           0
113C 1  Chuck, semi-bnls, neck/off       17      49,448   137.50  147.00  141.85
113C 3  Chuck, semi-bnls, neck/off
     3  Chuck, semi-bnls n/o sh-cut       0           0
114  1  Chuck, shoulder clod             10      62,384   141.00  155.00  143.63
114A 3  Chuck, shoulder clod, trmd       57     407,745   153.00  171.00  160.22
114D 3  Chuck, clod, top blade
114E 3  Chuck, clod, arm roast            0           0
114F 5  Chuck, clod tender
115  1  Chuck, 2-piece, boneless         14      14,007   147.00  170.00  157.08
116A 3  Chuck, roll, lxl, neck/off       51     301,032   167.00  188.71  175.27
116B 1  Chuck, chuck tender              11      13,099   179.00  190.35  184.50
     3  Chuck roll, retail ready
120  1  Brisket, deckle-off, bnls        35     209,934   144.00  155.00  145.41
120A 3  Brisket, point/off, bnls          4      43,516   240.00  255.00  240.18
123A 3  Short Plate, short rib           15      33,917   151.50  200.00  172.34
130  4  Chuck, short rib                  8      54,090   133.00  156.00  134.43
160  1  Round, bone-in                    6       5,714   157.00  166.50  159.10
161  1  Round, boneless                   7       8,182   160.00  176.50  168.11
     3  Round, bnls/peeled heel-out
167  1  Round, knuckle                    0           0
167A 4  Round, knuckle, peeled           42     123,365   167.40  192.25  179.32
168  1  Round, top inside round          41     198,360   153.00  169.50  163.68
168  3  Round, top inside round          34     429,814   167.00  179.50  173.38
169  5  Round, top inside, denuded        8       6,676   190.00  211.50  201.66
     3  Round, top Inside, side off
170  1  Round, bottom gooseneck          10       9,721   160.00  175.00  167.08
171B 3  Round, outside round             37     285,943   167.00  188.00  172.56
171C 3  Round, eye of round              17      27,567   215.61  230.35  226.00
     3  Round, flat/eye, heel-out         0           0
174  1  Loin, short loin, 2x3             4       2,008   305.00  329.20  315.67
174  3  Loin, short loin, 0x1            22     181,847   335.00  373.25  342.72
175  3  Loin, strip loin, 1x1
180  1  Loin, strip, bnls, heavy
     1  Loin, strip loin bnls. 1x1        4       1,294   349.00  362.55  358.76
180  3  Loin, strip, bnls, 0x1           21      66,121   375.00  427.00  383.18
184  1  Loin, top butt, bnls, heavy      20      47,944   179.00  200.00  190.30
184  3  Loin, top butt, boneless         24      49,333   189.50  217.50  204.25
185A 4  Loin, bottom sirloin, flap       17     145,661   250.88  282.10  255.27
185B 1  Loin, ball-tip, bnls, light
185B 1  Loin, ball-tip, bnls, heavy      11      24,395   179.00  190.00  182.46
185C 1  Loin, sirloin, tri-tip            6      17,241   218.00  225.00  221.08
185D 4  Loin, sirloin, tri-tip, pld
189A 4  Loin, tndrloin, trmd, light       0           0
189A 4  Loin, tndrloin, trmd, heavy      20      31,088   563.50  625.00  581.56
191A 4  Loin, butt tender, trimmed        6      27,621   558.50  612.50  563.29
193  4  Flank, flank steak                5       8,620   323.10  347.50  331.76
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CHOICE AND SELECT CUTS, Fat Limitations (FL) 1-6
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124  4  Rib, Back Ribs, Fresh             3       1,285    86.00   93.00   87.65
124  4  Rib, Back Ribs, Frozen            6       7,727    60.50   70.00   65.85
121D 4  Plate, Inside Skirt              58     285,005   210.00  263.00  242.89
121C 4  Plate, Outside Skirt             31     324,625   220.00  255.00  222.46
121E 6  Plate, Outside Skirt, pld        11      23,408   325.00  381.18  353.16
        Cap and Wedge Meat               49     272,339   167.45  180.50  170.48
        Pectoral Meat                    14      13,858   230.50  250.73  242.40
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GROUND BEEF - STEER and HEIFER SOURCE -- 10 Pound Chub Basis
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Ground Beef 73%                          63   1,679,756   111.25  137.70  123.23
Ground Beef 75%                           6      34,248   133.61  142.00  135.06
Ground Beef 81%                          63     566,134   125.70  160.62  133.30
Ground Beef 85%
Ground Beef 90%
Ground Beef 93%                          15      40,894   180.45  201.50  191.75
Ground Beef Chuck                        37     380,749   129.00  168.00  138.48
Ground Beef Round                        23     162,409   151.50  178.00  159.76
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%                  15      55,820   136.60  159.00  141.18
Blended Ground Beef 75%
Blended Ground Beef 81%                  26     223,392   146.00  172.00  152.89
Blended Ground Beef 85%
Blended Ground Beef 90%
Blended Ground Beef 93%
Blended Ground Beef Chuck                21     125,385   150.00  169.00  159.14
Blended Ground Beef Round                15      86,700   174.75  190.00  175.29
Blended Ground Beef Sirloin
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BEEF TRIMMINGS - STEER and HEIFER SOURCE
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Fresh 50% lean trimmings                 34   1,088,321    64.00   72.58   67.39
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
         515-284-4460            email:  desm.lgmn@usda.gov
         24 Hour recorded market information 515-284-4830
         http://www.ams.usda.gov/LSMarketNews
1500C

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