Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Jun 30, 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 weak to moderately lower; 85% 

was firm to higher; 81% was sharply higher; 75% and 65% were 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                  38.47  Loads   --                     1,538,778  pounds

National                 53.23  Loads   --                     2,129,245  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             10       218,400     $264.11     $276.61     $269.97

  Frozen 92-94%                                            

  Fresh  90%                22       554,226     $261.69     $273.00     $264.53

  Frozen 90%                                               

  Fresh  85%                15       414,272     $227.00     $254.00     $236.11

  Frozen 85%                                               

  Fresh  81%                 5       199,500     $216.00     $216.00     $216.00

  Frozen 81%                                               

  Fresh  75%                 4        72,525     $190.27     $202.00     $194.73

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 5        79,855     $169.60     $180.74     $173.01

  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%             10       218,400     $264.11     $276.61     $269.97

  Frozen 92-94%                                            

  Fresh  90%                23       594,862     $261.69     $273.00     $264.98

  Frozen 90%                                               

  Fresh  85%                17       498,272     $227.00     $254.00     $235.76

  Frozen 85%                                               

  Fresh  81%                 5       199,500     $216.00     $216.00     $216.00

  Frozen 81%                                               

  Fresh  75%                 6       102,522     $184.31     $202.00     $192.12

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 7       113,855     $169.60     $180.74     $173.54

  Frozen 65%                                               

  Fresh  50%                18       401,834     $116.00     $130.50     $122.75

  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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