Monday Morning Boxed Beef Price Report

Cattle 3

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 light demand and light to moderate offerings.
Select and Choice rib cuts steady to firm while chuck, round and loin items
weak to lower. Beef trimmings firm on light to moderate demand and offerings.

CHOICE         SELECT
600-900        600-900
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Current Cutout Values:                          231.95         221.41
Change from prior day:                          (1.69)         (2.25)
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Choice/Select spread:                                   10.53

Total Load Count (Cuts, Trimmings, Grinds):               175
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COMPOSITE PRIMAL VALUES
Primal Rib                                     326.59         309.34
Primal Chuck                                   185.73         183.58
Primal Round                                   203.56         203.24
Primal Loin                                    320.58         283.67
Primal Brisket                                 194.39         194.91
Primal Short Plate                             167.56         167.56
Primal Flank                                   135.24         133.97
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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
04/02    64    42     7    38    151            233.64         223.66
04/01    54    37     5    23    119            232.54         222.95
03/31    51    27    11    38    126            233.79         225.01
03/28    90    32    20    61    203            234.46         227.34
03/27    57    48    20    22    147            239.25         231.21
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Current 5 Day Simple Average:                   234.74         226.03
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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             74.12  loads          2,964,682  pounds
Select Cuts             53.67  loads          2,146,729  pounds
Trimmings                8.81  loads            352,298  pounds
Ground Beef             38.79  loads          1,551,734  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       31     188,123   549.21  649.50  578.37
112A 3  Rib, ribeye, bnls, light         13      14,726   620.00  721.00  656.61
112A 3  Rib, ribeye, bnls, heavy         41     101,226   620.00  698.50  660.17
113C 1  Chuck, semi-bnls, neck/off        5       6,004   247.00  265.37  254.60
114  1  Chuck, shoulder clod             20     107,470   219.00  245.00  226.17
114A 3  Chuck, shoulder clod, trmd       28     136,189   229.67  255.00  236.06
114D 3  Chuck, clod, top blade            9       5,445   349.00  425.00  381.74
114E 3  Chuck, clod, arm roast            7       8,308   268.75  315.05  307.37
114F 5  Chuck, clod tender (IM)           9       6,331   440.00  481.00  462.42
115  1  Chuck, 2-piece, boneless
116A 3  Chuck, roll, lxl, neck/off       42     280,318   237.00  265.00  243.80
116B 1  Chuck, chuck tender (IM)         22      89,322   247.00  310.50  254.28
3  Chuck roll, retail ready
120  1  Brisket, deckle-off, bnls        31     130,452   283.96  311.00  296.73
120A 3  Brisket, point/off, bnls          3       1,545   503.00  512.00  507.88
123A 3  Short Plate, short rib           10      16,858   485.00  525.00  506.99
130  4  Chuck, short rib                 17      26,534   310.00  369.70  330.88
160  1  Round, bone-in
161  1  Round, boneless                   6      12,263   260.00  296.70  266.54
3  Round, bnls/peeled heel-out
167A 4  Round, knuckle, peeled           40     619,048   252.00  305.00  254.61
168  1  Round, top inside round          34     213,609   260.00  301.00  269.54
168  3  Round, top inside round          31     141,013   264.00  300.50  275.21
169  5  Round, top inside, denuded       13      11,663   321.40  355.50  335.76
3  Round, top inside, side off
170  1  Round, bottom gooseneck           8      28,629   220.00  245.50  225.19
171B 3  Round, outside round             40     204,651   225.26  254.56  234.02
171C 3  Round, eye of round (IM)         30     109,308   261.00  306.00  276.21
174  1  Loin, short loin, 2×3
174  3  Loin, short loin, 0×1            15       9,278   617.50  682.00  648.33
175  3  Loin, strip loin, 1×1
180  1  Loin, strip, bnls, heavy          0           0
1  Loin, strip loin bnls. 1×1        6       3,435   630.00  666.70  642.29
180  3  Loin, strip, bnls, 0×1           11      42,753   652.50  720.00  674.08
184  1  Loin, top butt, bnls, heavy       7      10,159   335.00  348.30  336.12
184  3  Loin, top butt, boneless         12      22,460   341.00  373.50  346.37
185A 4  Loin, bottom sirloin, flap       17      22,203   471.00  520.50  489.58
185B 1  Loin, ball-tip, bnls, heavy      15      70,617   355.34  410.00  368.97
185C 1  Loin, sirloin, tri-tip (IM)      13      17,058   380.00  420.00  394.20
185D 4  Loin, tri-tip, pld (IM)
189A 4  Loin, tndrloin, trmd, heavy      17      71,255  1000.00 1251.00 1030.97
191A 4  Loin, butt tender, trimmed
193  4  Flank, flank steak (IM)           8       3,218   510.00  536.00  529.52
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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       15      21,475   511.00  588.32  562.34
112A 3  Rib, ribeye, bnls, light          7      20,714   590.92  650.00  601.36
112A 3  Rib, ribeye, bnls, heavy         22      47,592   580.00  670.00  613.39
113C 1  Chuck, semi-bnls, neck/off        5      76,625   236.98  247.00  244.16
114  1  Chuck, shoulder clod             14      49,158   220.00  235.00  223.98
114A 3  Chuck, shoulder clod, trmd       13      85,587   230.00  244.00  232.71
114D 3  Chuck, clod, top blade
114E 3  Chuck, clod, arm roast
114F 5  Chuck, clod tender (IM)          11      11,168   409.00  430.05  420.27
115  1  Chuck, 2-piece, boneless
116A 3  Chuck, roll, lxl, neck/off       43     380,032   239.00  260.00  242.56
116B 1  Chuck, chuck tender (IM)         12      75,194   249.00  281.00  261.42
3  Chuck roll, retail ready
120  1  Brisket, deckle-off, bnls        10      46,762   288.00  301.14  294.70
120A 3  Brisket, point/off, bnls          0           0
123A 3  Short Plate, short rib            5       3,374   456.00  531.00  470.75
130  4  Chuck, short rib                  7      28,397   310.00  340.00  326.16
160  1  Round, bone-in
161  1  Round, boneless                   0           0
3  Round, bnls/peeled heel-out       0           0
167A 4  Round, knuckle, peeled           14      50,383   255.00  302.00  263.72
168  1  Round, top inside round          16     145,659   263.00  290.00  265.80
168  3  Round, top inside round          22     280,661   264.00  292.00  268.97
169  5  Round, top inside, denuded        4       6,102   318.00  344.68  326.57
3  Round, top inside, side off       0           0
170  1  Round, bottom gooseneck           6       9,592   220.00  244.53  225.88
171B 3  Round, outside round             18      44,289   230.00  250.00  237.83
171C 3  Round, eye of round (IM)          7      44,828   261.00  296.50  271.19
174  1  Loin, short loin, 2×3             0           0
174  3  Loin, short loin, 0×1            20      86,761   515.00  630.00  550.35
175  3  Loin, strip loin, 1×1
180  1  Loin, strip, bnls, heavy          0           0
1  Loin, strip loin bnls. 1×1
180  3  Loin, strip, bnls, 0×1           19     179,618   477.00  600.00  486.41
184  1  Loin, top butt, bnls, heavy       3       2,449   320.00  330.00  321.69
184  3  Loin, top butt, boneless         20     107,433   315.00  361.14  342.18
185A 4  Loin, bottom sirloin, flap        5      22,271   471.00  510.00  473.92
185B 1  Loin, ball-tip, bnls, heavy      10      23,517   365.27  400.00  381.30
185C 1  Loin, sirloin, tri-tip (IM)       8      26,584   343.00  400.50  346.64
185D 4  Loin, tri-tip, pld (IM)
189A 4  Loin, tndrloin, trmd, heavy      19     118,572   940.00 1170.50  953.77
191A 4  Loin, butt tender, trimmed        5       3,242   990.00 1089.50 1024.19
193  4  Flank, flank steak (IM)           5       4,640   504.00  525.00  510.83
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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            5      24,037   104.59  132.00  113.92
121D 4  Plate, Inside Skirt (IM)         26      50,760   359.00  391.00  366.65
121C 4  Plate, Outside Skirt (IM)        14       9,951   531.60  566.00  547.65
121E 6  Outside Skirt, pld (IM)           7       3,145   748.00  777.00  764.54
Cap, Wedge Meat & (IM) Lean      23      45,284   340.00  370.00  353.79
Pectoral Meat                    36     164,457   335.00  380.00  353.60
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GB – STEER/HEIFER SOURCE – 10 Pound Chub Basis – Coarse and Fine Grind
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Ground Beef 73%                          14     184,482   185.00  210.00  197.79
Ground Beef 75%
Ground Beef 81%                          32     635,681   187.00  229.00  191.18
Ground Beef 85%
Ground Beef 90%
Ground Beef 93%                           4      29,295   301.30  316.50  302.50
Ground Beef Chuck 80%                    18     287,068   189.00  261.00  221.97
Ground Beef Round 85%                     3       7,718   280.00  292.00  289.92
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%                   8      10,760   210.00  242.05  227.64
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%           0           0
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BEEF TRIMMINGS – STEER/HEIFER SOURCE – Fresh Combos & Frozen Boxed
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Fresh 50% lean trimmings                 16     314,542   110.00  127.00  118.09
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.

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