Markets

Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400

Des Moines, IA                  Mon, Dec 15, 2014               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 was firm to higher; 85% trimmings

were unevenly steady; 81% was sharply lower; 75% was weak to lower; 65% was  

firm; Other lean percentages were not fully established.





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



Central                  39.47  Loads   --                     1,578,920  pounds

National                 47.15  Loads   --                     1,886,035  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              5       130,200     $312.90     $313.45     $313.10

  Frozen 92-94%                                            

  Fresh  90%                25       741,920     $294.00     $298.31     $297.13

  Frozen 90%                                               

  Fresh  85%                 8       268,800     $272.97     $275.91     $274.15

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $247.00     $247.00     $247.00

  Frozen 81%                                               

  Fresh  75%                 2        42,000     $231.73     $231.73     $231.73

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4       144,000     $173.46     $174.46     $173.83

  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%              5       130,200     $312.90     $313.45     $313.10

  Frozen 92-94%                                            

  Fresh  90%                25       741,920     $294.00     $298.31     $297.13

  Frozen 90%                                               

  Fresh  85%                 8       268,800     $272.97     $275.91     $274.15

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $247.00     $247.00     $247.00

  Frozen 81%                                               

  Fresh  75%                 3        76,554     $229.83     $231.73     $230.87

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4       144,000     $173.46     $174.46     $173.83

  Frozen 65%                                               

  Fresh  50%                13       272,561      $99.00     $111.00     $103.86

  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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