§ 59.104 - Mandatory reporting of boxed beef sales.

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Daily reporting. The corporate officers or officially designated representatives of each packer processing plant shall report to the Secretary at least twice each reporting day (once by 10 a.m. central time, and once by 2 p.m. central time) the following information on total boxed beef domestic and export sales established on that day inclusive since the last reporting as described in § 59.10(b):

The price for each lot of each boxed beef sale, quoted in dollars per hundredweight on a F.O.B. plant basis;

The quantity for each lot of each sale, quoted by number of pounds sold; and

The information regarding the characteristics of each sale is as follows:

The type of sale;

The branded product characteristics, if applicable;

The grade for steer and heifer beef (e.g., USDA Prime, USDA Choice or better, USDA Choice, USDA Select, ungraded no-roll product);

The grade for cow beef or packer yield and/or quality sort for cow beef (e.g., Breakers, Boners, White Cow, Cutters (lean));

The cut of beef, referencing the most recent version of the Institutional Meat Purchase Specifications (IMPS), when applicable;

The trim specification;

The weight range of the cut;

The product delivery period; and

The beef type (steer/heifer, dairy steer/heifer, or cow).

Publication. The Secretary shall make available to the public the information obtained under paragraph (a) of this section not less frequently than twice each reporting day.