USDA Market Reports

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Wed, Dec 31, 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 higher; 85% lean mostly steady;

All other lean percentages not fully established.  Beef trimmings 

sharply higher on moderate to fairly good demand and light to moderate offerings.





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



Central                  14.90  Loads   --                       596,124  pounds

National                 30.43  Loads   --                     1,217,113  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              1        20,000     $312.00     $312.00     $312.00

  Frozen 92-94%                                            

  Fresh  90%                 5       157,500     $295.00     $304.00     $302.41

  Frozen 90%                                               

  Fresh  85%                12       261,874     $273.00     $282.00     $275.66

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 3        80,500     $225.00     $228.00     $225.39

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4        76,250     $145.00     $164.00     $162.09

  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%              1        20,000     $312.00     $312.00     $312.00

  Frozen 92-94%                                            

  Fresh  90%                 7       181,500     $295.00     $304.00     $301.70

  Frozen 90%                                               

  Fresh  85%                14       307,874     $273.00     $282.00     $275.56

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 4        84,042     $225.00     $240.12     $226.01

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 6       234,250     $145.00     $173.00     $169.45

  Frozen 65%                                               

  Fresh  50%                16       389,447     $101.00     $114.00     $106.52

  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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