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Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Thu, Jun 19, 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 

generally steady; 75% and 65% were firm to higher; Other lean percentages 

were not fully established. Beef trimmings firm on moderate to fairly good 

demand and moderate offerings.



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



Central                  20.16  Loads   --                       806,523  pounds

National                 38.00  Loads   --                     1,520,193  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              

  Frozen 92-94%                                            

  Fresh  90%                 7       253,906     $250.00     $255.00     $252.96

  Frozen 90%                                               

  Fresh  85%                11       331,399     $214.00     $234.33     $223.14

  Frozen 85%                                               

  Fresh  81%                 

  Frozen 81%                                               

  Fresh  75%                

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3       126,832     $166.00     $172.25     $169.64

  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%              

  Frozen 92-94%                                            

  Fresh  90%                10       327,157     $246.00     $255.00     $251.60

  Frozen 90%                                               

  Fresh  85%                12       335,399     $214.00     $234.33     $223.11

  Frozen 85%                                               

  Fresh  81%              

  Frozen 81%                                               

  Fresh  75%                 6        45,655     $183.00     $187.00     $184.75

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4       148,832     $166.00     $177.00     $170.73

  Frozen 65%                                               

  Fresh  50%                27       589,650     $126.05     $133.50     $128.93

  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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