Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Wed, Jun 25, 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 mostly sharply higher; 85% was  

steady ti firm; 75% and 65% was firm to higher; Other lean percentages were not 

fully established. Beef trimmings lower on light to moderate demand and moderate 

offerings.



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



Central                  15.43  Loads   --                       617,226  pounds

National                 27.10  Loads   --                     1,083,932  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              

  Frozen 92-94%                                            

  Fresh  90%                13       380,302     $261.00     $275.00     $265.42

  Frozen 90%                                               

  Fresh  85%                 4        60,783     $222.00     $235.00     $233.80

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 3        64,574     $191.00     $199.00     $193.05

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        91,567     $172.50     $175.00     $173.82

  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%                15       442,782     $252.50     $275.00     $265.00

  Frozen 90%                                               

  Fresh  85%                 5        80,783     $217.00     $235.00     $229.64

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 3        64,574     $191.00     $199.00     $193.05

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        91,567     $172.50     $175.00     $173.82

  Frozen 65%                                               

  Fresh  50%                16       384,226     $112.00     $133.50     $121.74

  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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