Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Jul 07, 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 the last market test: Lean boneless mostly steady; 85% lean steady

to weak; 65% lean 2.00 to 3.00 higher; All other lean percentages not fully 

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

to heavy offerings. 



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



Central                  34.93  Loads   --                     1,397,135  pounds

National                 62.10  Loads   --                     2,483,865  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             12       298,200     $279.27     $287.74     $283.32

  Frozen 92-94%                                            

  Fresh  90%                23       616,500     $271.95     $282.00     $275.39

  Frozen 90%                                               

  Fresh  85%                10       163,513     $242.00     $253.60     $248.13

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $228.00     $228.00     $228.00

  Frozen 81%                                               

  Fresh  75%                 1        16,167     $202.00     $202.00     $202.00

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        50,755     $170.00     $180.35     $176.52

  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%             12       298,200     $279.27     $287.74     $283.32

  Frozen 92-94%                                            

  Fresh  90%                28       769,346     $271.95     $282.00     $276.31

  Frozen 90%                                               

  Fresh  85%                18       311,513     $240.00     $257.00     $249.28

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $228.00     $228.00     $228.00

  Frozen 81%                                               

  Fresh  75%                 5       114,294     $191.13     $202.00     $193.09

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 9       115,632     $166.50     $180.35     $177.44

  Frozen 65%                                               

  Fresh  50%                29       622,880     $105.00     $127.57     $116.85

  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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