Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Thu, May 15, 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 last market test: Lean boneless was unevenly steady; 85% was 

mostly steady; 75% was weak to lower; 65% was firm to higher; Other lean 

percentages were not fully established. Beef trimmings weak on very light 

to light demand and light offerings.



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



Central                  35.64  Loads   --                     1,425,685  pounds

National                 46.84  Loads   --                     1,873,449  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              3       126,000     $260.30     $260.30     $260.30

  Frozen 92-94%                                            

  Fresh  90%                15       460,228     $241.00     $246.56     $243.40

  Frozen 90%                 2        42,000     $255.00     $255.00     $255.00

  Fresh  85%                20       574,363     $206.00     $213.00     $209.04

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 5       210,000     $162.37     $163.87     $163.57

  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%              3       126,000     $260.30     $260.30     $260.30

  Frozen 92-94%                                            

  Fresh  90%                18       500,228     $241.00     $246.56     $243.58

  Frozen 90%                 2        42,000     $255.00     $255.00     $255.00

  Fresh  85%                31       749,477     $206.00     $213.00     $208.99

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 4        35,795     $187.00     $190.00     $188.52

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 8       286,000     $162.37     $168.00     $163.89

  Frozen 65%                                               

  Fresh  50%                 8       133,949     $128.45     $130.00     $129.46

  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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