Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Jun 02, 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 firm to higher; 85% was 

unevenly steady; 81% was 1.00 higher; 75% was firm to higher; 65% was 

unevenly steady; Other lean percentages were not fully established. Beef 

trimmings higher on moderate to fairly good demand and moderate offerings.



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



Central                  53.77  Loads   --                     2,150,922  pounds

National                 66.22  Loads   --                     2,648,844  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             13       281,400     $252.68     $257.31     $255.41

  Frozen 92-94%                                            

  Fresh  90%                40     1,148,511     $241.00     $250.00     $244.42

  Frozen 90%                                               

  Fresh  85%                11       311,513     $212.10     $216.60     $213.26

  Frozen 85%                                               

  Fresh  81%                 5       210,000     $202.00     $202.00     $202.00

  Frozen 81%                                               

  Fresh  75%                 3        88,654     $191.73     $193.73     $192.10

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4       110,844     $165.00     $165.55     $165.33

  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%             13       281,400     $252.68     $257.31     $255.41

  Frozen 92-94%                                            

  Fresh  90%                40     1,148,511     $241.00     $250.00     $244.42

  Frozen 90%                                               

  Fresh  85%                12       321,513     $211.00     $216.60     $213.19

  Frozen 85%                                               

  Fresh  81%                 5       210,000     $202.00     $202.00     $202.00

  Frozen 81%                                               

  Fresh  75%                 7       203,223     $191.41     $198.32     $191.95

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4       110,844     $165.00     $165.55     $165.33

  Frozen 65%                                               

  Fresh  50%                22       373,353     $123.50     $132.00     $128.64

  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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