Markets

Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400

Des Moines, IA                  Mon, Jan 12, 2015               USDA Market News



NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -

Negotiated Sales - Morning



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 and trimmings were unevenly  

steady; Other lean percentages were not fully established. 







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



Central                  39.23  Loads   --                     1,569,000  pounds

National                 46.10  Loads   --                     1,844,145  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%                20       541,800     $299.75     $301.73     $300.91

  Frozen 90%                                               

  Fresh  85%                 9       309,800     $277.26     $281.00     $277.83

  Frozen 85%                                               

  Fresh  81%                 5       205,800     $251.00     $251.00     $251.00

  Frozen 81%                                               

  Fresh  75%                 4        65,100     $227.42     $227.75     $227.69

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 6       226,000     $168.64     $169.64     $168.97

  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%                20       541,800     $299.75     $301.73     $300.91

  Frozen 90%                                               

  Fresh  85%                 9       309,800     $277.26     $281.00     $277.83

  Frozen 85%                                               

  Fresh  81%                 5       205,800     $251.00     $251.00     $251.00

  Frozen 81%                                               

  Fresh  75%                 5       101,847     $226.34     $227.75     $227.20

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 6       226,000     $168.64     $169.64     $168.97

  Frozen 65%                                               

  Fresh  50%                 7       238,398     $130.00     $132.50     $130.65

  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

1130C



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