USDA Market Reports

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Fri, Dec 19, 2014               USDA Market News



NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -

Negotiated Sales - Afternoon



FOB Plant basis negotiated sales for delivery within 0-21 day period, including

sales since last report, U.S.dollars per 100 pounds.



Compared to last market test: Lean boneless was unevenly steady; 85% trimmings 

were weak to lower on a light test; 65% was weak to lower; Other lean 

percentages were not fully established. Beef trimmings lower on light to 

moderate demand and moderate to heavy offerings.



CURRENT VOLUME - (one load equals 40,000 pounds)



Central                  16.22  Loads   --                       648,657  pounds

National                 56.21  Loads   --                     2,248,599  pounds

--------------------------------------------------------------------------------

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

--------------------------------------------------------------------------------

Chemical Lean

  Fresh  92-94%             

  Frozen 92-94%                                            

  Fresh  90%                 8       294,166     $294.00     $295.00     $294.41

  Frozen 90%                                               

  Fresh  85%                 3        70,566     $270.00     $274.00     $271.98

  Frozen 85%                                               

  Fresh  81%                 

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4       117,040     $157.00     $172.00     $165.14

  Frozen 65%                 5       111,420     $167.00     $167.00     $167.00

Bull Product

  Fresh  94-96%                                            

  Frozen 94-96%                                            

--------------------------------------------------------------------------------

FOB Plant - National

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

--------------------------------------------------------------------------------

Chemical Lean

  Fresh  92-94%             

  Frozen 92-94%                                            

  Fresh  90%                 9       328,316     $294.00     $297.00     $294.68

  Frozen 90%                                               

  Fresh  85%                 6        84,566     $270.00     $274.00     $272.32

  Frozen 85%                                               

  Fresh  81%                 

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                11       188,630     $150.00     $176.00     $167.20

  Frozen 65%                 5       111,420     $167.00     $167.00     $167.00

  Fresh  50%                42     1,480,202      $85.00      $97.08      $92.25

  Frozen 50%

Bull Product

  Fresh  94-96%                                            

  Frozen 94-96%                                            

--------------------------------------------------------------------------------

Regional Breakdown:

  Central - AR,CO,IA,IL,IN,KS,KY,LA,MI,MO,MN,MT,ND,NE,NM,OH,OK,SD,TN,TX,WI.

  National - all states

  East Coast - AL,CT,DC,DE,FL,GA,MA,MD,ME,MS,NC,NH,NJ,NY,PA,RI,SC,VA,VT,WV.

  West Coast - AK,AZ,CA,HI,ID,NV,OR,UT,WA,WY.

--------------------------------------------------------------------------------

Source:   USDA Market News Service, Des Moines, IA

          515-284-4460      email: desm.lpgmn@usda.gov

          24 Hour recorded market information 515-284-4830

          http://www.ams.usda.gov/LSMarketNews

1530C



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