USDA Boxed Beef Cutout Midday Prices for November 14

This table details boxed beef cutout prices supplied daily by the U.S. Department of Agriculture. Prices and loads traded are as of 11:30 a.m. U.S. central time.

Prices are determined from cuts in dollars a hundredweight and vary between higher-quality choice cuts and select beef cuts for sale f.o.b. Omaha, Nebraska.

CHOICE SELECT

600-900 600-900 ------------------------------------------------------------------------------- Current Cutout Values: 252.87 238.35 Change from prior day: 1.52 (0.58) ------------------------------------------------------------------------------- Choice/Select spread: 14.52

Total Load Count (Cuts, Trimmings, Grids): 125 ------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES

Primal Rib 391.56 335.59

Primal Chuck 220.61 216.37

Primal Round 231.70 230.05

Primal Loin 301.19 272.70

Primal Brisket 206.44 198.64

Primal Short Plate 179.12 179.12

Primal Flank 122.25 120.32 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS

CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 11/13 82 68 20 31 201 251.35 238.93 11/12 114 43 9 36 202 251.44 238.75 11/11 78 71 11 21 181 249.97 238.43 11/10 60 38 7 23 128 249.14 239.15 11/07 63 31 13 24 131 249.11 238.07 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 250.21 238.66 -------------------------------------------------------------------------------- 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 48.74 loads 1,949,468 pounds

Select Cuts 48.71 loads 1,948,323 pounds

Trimmings 9.74 loads 389,569 pounds

Ground Beef 17.95 load 718,198 pounds ------------------------------------------------------------------------------- Choice Cuts, Fat Limitations 1-6 (IM) = Individual Muscle IMPS/FL Sub-Primal # of Total Price Weighted

rades Pounds Range Average ------------------------------------------------------------------------------- 109E 1 Rib, ribeye, lip-on, bn-in 15 260,906 730.93 758.50 755.40 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 9 48,966 775.00 835.00 795.74 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 5 7,418 268.00 293.25 273.80 114A 3 Chuck, shoulder clod, trmd 18 122,492 277.00 296.00 285.59 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 5 48,507 358.00 400.00 395.26 114F 5 Chuck, clod tender (IM) 9 8,955 385.00 409.25 386.44 115 1 Chuck, 2-piece, boneless 116A 3 Chuck, roll, lxl, neck/off 35 269,811 311.93 338.00 322.92 116B 1 Chuck, chuck tender (IM) 6 47,334 311.63 338.00 323.08

3 Chuck roll, retail ready 120 1 Brisket, deckle-off, bnls 13 66,108 308.00 330.00 315.35 120A 3 Brisket, point/off, bnls 3 2,435 550.00 568.25 553.87 123A 3 Short Plate, short rib 7 5,338 557.93 594.25 583.99 130 4 Chuck, short rib 12 49,929 335.00 379.56 342.30 160 1 Round, bone-in 3 3,263 275.00 294.71 278.17 161 1 Round, boneless

3 Round, bnls/peeled heel-out 167A 4 Round, knuckle, peeled 28 162,041 318.00 336.00 324.92 168 1 Round, top inside round 13 24,145 286.00 314.00 296.52 168 3 Round, top inside round 10 38,729 292.07 311.50 301.10 169 5 Round, top inside, denuded 10 66,557 338.00 356.25 340.07

3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 15 94,844 280.50 303.00 294.16 171C 3 Round, eye of round (IM) 20 54,155 339.00 366.00 349.83 174 1 Loin, short loin, 2x3 0 0 174 3 Loin, short loin, 0x1 5 5,828 555.00 561.25 556.35 175 3 Loin, strip loin, 1x1 180 1 Loin, strip, bnls, heavy

1 Loin, strip loin bnls. 1x1 3 2,041 503.00 503.00 503.00 180 3 Loin, strip, bnls, 0x1 20 113,190 525.00 555.00 535.46 184 1 Loin, top butt, bnls, heavy 6 4,592 341.93 345.00 344.68 184 3 Loin, top butt, boneless 20 67,873 354.00 376.25 362.62 185A 4 Loin, bottom sirloin, flap 12 48,936 410.00 459.25 416.15 185B 1 Loin, ball-tip, bnls, heavy 9 46,555 312.00 322.00 315.93 185C 1 Loin, sirloin, tri-tip (IM) 185D 4 Loin, tri-tip, pld (IM) 5 4,030 455.00 486.25 459.04 189A 4 Loin, tndrloin, trmd, heavy 14 35,827 1178.50 1261.93 1205.65 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 4 20,663 430.00 450.00 445.75 ------------------------------------------------------------------------------- Select Cuts, Fat Limitations 1-6 (IM) = Individual Muscle IMPS/FL Sub-Primal # of Total Price Weighted

Trades Pounds Range Average ------------------------------------------------------------------------------- 109E 1 Rib, ribeye, lip-on, bn-in 4 7,838 595.00 623.85 605.63 112A 3 Rib, ribeye, bnls, light 112A 3 Rib, ribeye, bnls, heavy 7 21,979 629.22 692.31 659.31 113C 1 Chuck, semi-bnls, neck/off 114 1 Chuck, shoulder clod 8 44,972 268.00 278.50 270.35 114A 3 Chuck, shoulder clod, trmd 10 134,529 280.00 310.00 282.16 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender (IM) 6 7,006 364.00 375.00 373.49 115 1 Chuck, 2-piece, boneless 116A 3 Chuck, roll, lxl, neck/off 27 504,262 315.00 341.50 317.64 116B 1 Chuck, chuck tender (IM) 4 38,720 315.00 338.00 316.63

3 Chuck roll, retail ready 0 0 120 1 Brisket, deckle-off, bnls 3 2,528 314.04 325.00 324.17 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 130 4 Chuck, short rib 160 1 Round, bone-in 0 0 161 1 Round, boneless

3 Round, bnls/peeled heel-out 0 0 167A 4 Round, knuckle, peeled 6 27,533 314.00 325.00 315.97 168 1 Round, top inside round 19 551,756 290.00 296.40 291.78 168 3 Round, top inside round 20 326,957 295.50 306.40 299.65 169 5 Round, top inside, denuded

3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 8 37,649 280.50 305.00 287.98 171C 3 Round, eye of round (IM) 7 25,729 326.72 360.00 337.11 174 1 Loin, short loin, 2x3 0 0 174 3 Loin, short loin, 0x1 5 9,582 441.00 477.00 454.81 175 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 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 12 23,815 325.00 345.00 331.82 185A 4 Loin, bottom sirloin, flap 4 48,285 403.00 431.00 405.28 185B 1 Loin, ball-tip, bnls, heavy 6 36,563 310.00 315.00 314.72 185C 1 Loin, sirloin, tri-tip (IM) 5 1,506 341.00 356.50 345.57 185D 4 Loin, tri-tip, pld (IM) 0 0 189A 4 Loin, tndrloin, trmd, heavy 6 26,549 1075.00 1198.85 1081.84 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak (IM) 5 7,414 418.83 440.00 433.64 ------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS FatLimitations 1-6 (IM) = Individual Muscle ------------------------------------------------------------------------------- 124 4 Rib, Back Ribs, Fresh 0 0 124 4 Rib, Back Ribs, Frozen 121D 4 Plate, Inside Skirt (IM) 7 23,000 390.00 440.00 429.86 121C 4 Plate, Outside Skirt (IM) 5 13,731 540.00 565.00 559.58 121E 6 Outside Skirt, pld (IM) 8 7,484 800.00 865.00 834.02

Cap, Wedge Meat & (IM) Lean 9 16,641 349.85 385.00 357.03

Pectoral Meat 9 14,694 368.00 407.00 378.66 ------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound hub Basis - Coarse and Fine Grind ------------------------------------------------------------------------------- Ground Beef 73% 8 71,988 236.00 246.34 240.73 Ground Beef 75% Ground Beef 81% 53 421,013 255.00 286.00 274.30 Ground Beef 85% 0 0 Ground Beef 90% 0 0 Ground Beef 93% Ground Beef Chuck 80% 7 101,867 277.88 289.70 281.13 Ground Beef Round 85% Ground Beef Sirloin 90% 0 0 ------------------------------------------------------------------------------- BLENDED GB - STEER/HEIFER/COW SOURCE- 10 Pound Chub Basis - Coarse & Fine Grind ------------------------------------------------------------------------------- Blended Ground Beef 73% Blended Ground Beef 75% Blended Ground Beef 81% 3 41,760 262.38 264.00 263.49 Blended Ground Beef 85% Blended Ground Beef 90% 0 0 Blended Ground Beef 93% Blended Ground Beef Chuck 80% 0 0 Blended Ground Beef Round 85% Blended Ground Beef Sirloin 90% -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 9 293,809 115.00 124.00 116.61 Frozen 50% lean trimmings -------------------------------------------------------------------------------- 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" -------------------------------------------------------------------------------- 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. --------------------------------------------------------------------------------

A cutout value is an average of the prices tallied for cuts of beef from cattle carcasses weighing 550-850 pounds. Cutout values are separated into three main product types. Fabricated loads are beef cuts taken from an animal's ribs, chuck, round, loin, brisket, short plate and flank; 50 percent loads are 50 percent lean beef trimmings. Ground loads may contain 73, 75, or 80 percent ground beef. A typical refrigerated truckload carries 40,000 pounds.

Choice 1-3 grade is a better grade than Select 1-3, partly because Choice cuts have more fat, or marbling, than Select cuts.

Grade quality is determined using a 1-5 yield grade scale. A rating of 1 is the highest ratio of muscle to fat, while 5 is the lowest. Marbling is an important flavor factor.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE