Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Tue, Jul 08, 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 sharply higher; 85% lean 1.00 

lower; All other lean percentages not fully established. Beef trimmings higher 

on fairly good demand and moderate offerings.





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



Central                  12.74  Loads   --                       509,622  pounds

National                 34.36  Loads   --                     1,374,398  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%                                            

  Frozen 92-94%                                            

  Fresh  90%                10       446,473     $282.00     $290.00     $286.49

  Frozen 90%                                               

  Fresh  85%                 5        58,868     $244.38     $255.00     $247.85

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 1         4,281     $179.43     $179.43     $179.43

  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%                12       528,101     $276.10     $290.00     $284.95

  Frozen 90%                                               

  Fresh  85%                 5        58,868     $244.38     $255.00     $247.85

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 2         6,281     $176.00     $179.43     $178.34

  Frozen 65%                                               

  Fresh  50%                30       781,148     $114.25     $126.00     $120.71

  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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