Markets

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Jan 12, 2015               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 weak  to lower; 85%, 75% and 

65% trimmings were unevenly steady; 81% was firm to higher; Other lean 

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

moderate demand and offerings. 



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



Central                  59.72  Loads   --                     2,388,674  pounds

National                 71.98  Loads   --                     2,879,313  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              8       220,500     $315.65     $317.15     $316.54

  Frozen 92-94%                                            

  Fresh  90%                34       880,115     $296.00     $302.00     $300.39

  Frozen 90%                                               

  Fresh  85%                17       608,555     $276.00     $281.00     $277.63

  Frozen 85%                                               

  Fresh  81%                 6       219,800     $251.00     $266.00     $251.96

  Frozen 81%                                               

  Fresh  75%                 5       106,956     $227.42     $228.00     $227.81

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 9       352,748     $167.00     $169.64     $168.51

  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%              8       220,500     $315.65     $317.15     $316.54

  Frozen 92-94%                                            

  Fresh  90%                39     1,000,812     $296.00     $303.00     $300.51

  Frozen 90%                                               

  Fresh  85%                18       648,555     $276.00     $281.00     $277.59

  Frozen 85%                                               

  Fresh  81%                 6       219,800     $251.00     $266.00     $251.96

  Frozen 81%                                               

  Fresh  75%                 6       143,703     $226.34     $228.00     $227.43

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                14       380,256     $167.00     $172.00     $168.70

  Frozen 65%                                               

  Fresh  50%                11       265,687     $130.00     $132.50     $130.73

  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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