USDA Market Reports

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Dec 29, 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 the last market test: Lean boneless mostly steady; 85% lean steady to

weak; 65% lean mostly steady; All other lean percentages not fully established.

Beef trimmings higher on moderate demand and light offerings.





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



Central                  47.25  Loads   --                     1,889,988  pounds

National                 61.84  Loads   --                     2,473,501  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              8       171,700     $312.00     $313.04     $312.87

  Frozen 92-94%                                            

  Fresh  90%                27       725,412     $292.41     $301.00     $296.38

  Frozen 90%                                               

  Fresh  85%                18       545,569     $271.00     $282.00     $274.41

  Frozen 85%                                               

  Fresh  81%                 4       138,500     $245.00     $262.00     $246.53

  Frozen 81%                                               

  Fresh  75%                 4        91,686     $224.00     $241.00     $225.70

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 7       217,121     $161.00     $171.00     $168.23

  Frozen 65%                                               

Bull Product

  Fresh  94-96%                                            

  Frozen 94-96%                                            

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

FOB Plant - National

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             10       211,700     $312.00     $313.04     $312.71

  Frozen 92-94%                                            

  Fresh  90%                29       765,412     $292.41     $301.00     $296.47

  Frozen 90%                                               

  Fresh  85%                21       635,569     $270.00     $282.00     $274.29

  Frozen 85%                                               

  Fresh  81%                 4       138,500     $245.00     $262.00     $246.53

  Frozen 81%                                               

  Fresh  75%                 6       154,674     $224.00     $241.00     $225.81

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                12       306,463     $161.00     $173.00     $168.73

  Frozen 65%                                               

  Fresh  50%                11       261,183      $92.00     $101.00      $96.60

  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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