Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Thu, Jul 03, 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 and 85% trimmings were unevenly 

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

established. Beef trimmings higher on moderate demand and light offerings.





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



Central                  27.11  Loads   --                     1,084,203  pounds

National                 37.21  Loads   --                     1,488,432  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              2        79,800     $276.61     $296.00     $286.82

  Frozen 92-94%                                            

  Fresh  90%                15       507,594     $265.00     $281.00     $276.01

  Frozen 90%                                               

  Fresh  85%                12       356,708     $251.00     $264.00     $255.15

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3       127,564     $171.50     $174.49     $172.98

  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%              2        79,800     $276.61     $296.00     $286.82

  Frozen 92-94%                                            

  Fresh  90%                20       631,524     $265.00     $288.00     $276.10

  Frozen 90%                                               

  Fresh  85%                16       454,708     $228.00     $264.00     $249.78

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 4        35,430     $189.00     $200.00     $192.89

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4       147,564     $171.50     $179.00     $173.79

  Frozen 65%                                               

  Fresh  50%                 5       139,406     $117.77     $125.60     $121.66

  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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