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USDA Wkly Composite Box Beef Cutouts               04/22 13:46
LM_XB463
Des Moines, IA               April 22, 2024                USDA Market News

NATIONAL COMPREHENSIVE BOXED BEEF CUTOUT - ALL FED STEER/HEIFER SALES
For Week Ending:    4/19/2024
-------------------------------------------------------------------------------
                     Compre-
                     hensive      Prime  *Branded    Choice    Select  Ungraded
-------------------------------------------------------------------------------
Weekly Cutout Value    300.88    327.02    304.51    298.50    292.46    277.73

Primal Rib             448.52    555.69    452.63    438.23    428.01    389.75
Primal Chuck           250.57    251.46    250.64    251.00    250.76    242.87
Primal Round           245.42    245.33    246.94    245.07    243.88    240.82
Primal Loin            408.23    472.59    420.83    403.35    383.61    350.70
Primal Brisket         245.87    246.29    247.27    241.88    235.59    228.91
Primal Short Plate     234.92    234.92    234.92    234.92    234.92    234.92
Primal Flank           152.72    152.07    154.28    152.00    151.01    150.40
-------------------------------------------------------------------------------
TOTAL LOADS OF PRODUCT REPORTED             6,908

Quality breakdown:
 Prime                    274
 Branded*               1,440
 Choice                 2,136
 Select                   674
 Ungraded**             2,385
----------------------------
TOTAL                   6,908

Sales type breakdown:
 Negotiated 0-21        1,868
 Negotiated 22/up       1,103
 Formula                3,714
 Forward Contract         223
----------------------------
TOTAL                   6,908

Destination breakdown:
 Domestic               6,080
 NAFTA Exports            100
 Overseas Exports         728
----------------------------
TOTAL                   6,908

Delivery period breakdown:
0-21 Days               5,563
22-60 Days                883
61-90 Days                201
91 Days and Up            261
----------------------------
TOTAL                   6,908
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*  Includes all Choice branded. (Upper 2/3rds and lower 1/3rd)
** Includes cuts, grinds, and trim.
USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
515-284-4460    email:  desm.lpgmn@ams.usda.gov
www.ams.usda.gov/market-news/livestock-poultry-grain
1400C
.
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Futures and commodities trading involves significant risk of loss and is not suitable for every investor. Information herein is strictly the opinion of its author and is intended for informational purposes. Information is obtained from sources believed to be reliable but is in no way guaranteed. Neither Northern Crops Marketing nor its employees are liable or responsible for its use. Opinions, data, and recommendations are subject to change; past performance is not indicative of future results.
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