In this file:

 

·         CME: Insights into Beef Quality Grades During 2018

·         Canadian beef yield grade standards change in January

 

 

CME: Insights into Beef Quality Grades During 2018

 

CME Group

via The Cattle Site - 11 January 2019

 

US - USDA’s Agricultural Marketing Service (AMS) incorporated adjusted yields and notified users with "***NEW YIELDS TAKE EFFECT TODAY***" at the top of Monday’s daily boxed beef cutout negotiated sales report, according to Steiner Consulting Group, DLR Division, Inc.

 

(The mentioned report can be found here). The changes were made based on data collected by AMS from the packing industry so that the calculations are in-line with what is typical.

 

The new yields largely reflect carcass trends of slightly less external fat and less trim/ hamburger. The AMS calculation methods using the new yields were published and are available here.

 

The general impact of the updated yields is rather small increases in the cutout value when compared to using the 2018 percentages.

 

That is because the yields of lower priced items (e.g., fat) were reduced and those of higher valued beef cuts were increased.

 

Underlying these changes are trends in cattle genetics along with feedlot production and management systems. AMS updated yields for all the beef primals (Rib, Chuck, Round, Loin, Brisket, Short Plate, and Flank).

 

An example table is below for the Chuck, which compares the new and old yields (the example prices are those used by AMS in their publication and are not recent; the Choice Chuck primal was $175.25 per cwt., the table new value is $144.11). In aggregate, the change in cutout value is a few dollars per cwt.

 

Two graphics of AMS weekly data provide some insights into beef quality grades during 2018. The first shows cattle carcasses graded Choice as a percent of all beef carcasses.

 

The big picture of that graphic is that the percentage has increased significantly compared to the 2012-16 average...

 

more, including table, charts 

http://www.thecattlesite.com/news/53655/cme-insights-into-beef-quality-grades-during-2018/

 

 

Canadian beef yield grade standards change in January

Grade: News Roundup from the January 2019 issue of Canadian Cattlemen

 

By Piper Whelan, Canadian Cattlemen

January 10, 2019

 

Canadian beef yield grade standards were updated in the new year to match those south of the 49th parallel.

 

The Canadian Beef Grading Agency announced that the three yield grades of the Canadian beef grading standards will be replaced in January 2019 with five yield grades. The quality grades will remain the same.

 

The adoption of five yield grade standards is being implemented to align with the American yield grades and create transparency with the U.S., given its role as Canada’s biggest export client of beef. This change will also allow for the industry to develop management practices for targeted finishing by creating a greater distinction between low and high carcass yields.

 

This change to the beef yield grade standards is connected to the Safe Foods for Canadians Act, coming into effect January 15, 2019. Óscar López Campos, research scientist with Agriculture and Agri-Food Canada, and his team at the Lacombe Research and Development Centre were tasked with the research and testing required to develop and validate the new standards. This work was supported by the Canadian Food Inspection Agency’s national standards officer, as well as beef graders across the country.

 

The original method used to predict lean yield was introduced in April 1992, then updated in 2001 when regulations changed to reduce the minimum amount of backfat thickness. Through the current standards, a grader makes an estimate of lean yield once a carcass is given a Canada Prime grade or one of the A grades. An estimated yield of 59 per cent or more qualifies for Canada 1, or Y1, while 54 to 58 per cent fall into Canada 2 (Y2) and 53 per cent or less is considered Canada 3 (Y3).

 

In the American standards...

 

more

https://www.canadiancattlemen.ca/2019/01/10/canadian-beef-yield-grade-standards-change-in-january/