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USDA Wkly Composite Box Beef Cutouts               03/25 13:51
LM_XB463
Des Moines, IA               March 25, 2024                USDA Market News

NATIONAL COMPREHENSIVE BOXED BEEF CUTOUT - ALL FED STEER/HEIFER SALES
For Week Ending:    3/22/2024
-------------------------------------------------------------------------------
                     Compre-
                     hensive      Prime  *Branded    Choice    Select  Ungraded
-------------------------------------------------------------------------------
Weekly Cutout Value    315.72    337.76    319.20    313.69    305.11    287.65

Primal Rib             485.17    562.65    487.85    474.65    457.71    389.04
Primal Chuck           261.75    262.51    262.26    262.32    259.72    252.13
Primal Round           263.97    262.12    265.49    262.07    266.42    262.63
Primal Loin            420.03    482.86    432.22    418.17    387.63    357.12
Primal Brisket         246.20    246.97    247.20    242.66    237.15    235.77
Primal Short Plate     242.51    242.51    242.51    242.51    242.51    242.51
Primal Flank           156.99    156.95    158.31    156.73    154.17    154.88
-------------------------------------------------------------------------------
TOTAL LOADS OF PRODUCT REPORTED             7,557

Quality breakdown:
 Prime                    248
 Branded*               1,469
 Choice                 2,113
 Select                   734
 Ungraded**             2,993
----------------------------
TOTAL                   7,557

Sales type breakdown:
 Negotiated 0-21        1,919
 Negotiated 22/up       1,728
 Formula                3,766
 Forward Contract         144
----------------------------
TOTAL                   7,557

Destination breakdown:
 Domestic               6,352
 NAFTA Exports            102
 Overseas Exports       1,103
----------------------------
TOTAL                   7,557

Delivery period breakdown:
0-21 Days               5,685
22-60 Days              1,308
61-90 Days                366
91 Days and Up            198
----------------------------
TOTAL                   7,557
-------------------------------------------------------------------------------
*  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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