Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Wed, Jul 23, 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 1.00 lower; 85% was 

moderately lower; 75% was unevenly steady; Other lean percentages were not 

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

moderate offerings.



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



Central                  41.21  Loads   --                     1,648,366  pounds

National                 52.79  Loads   --                     2,111,524  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              2        70,000     $305.00     $305.00     $305.00

  Frozen 92-94%                                            

  Fresh  90%                24       854,946     $289.00     $294.00     $290.88

  Frozen 90%                 2        84,000     $303.00     $305.00     $304.00

  Fresh  85%                17       569,420     $259.00     $279.00     $264.82

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 2        70,000     $208.00     $210.00     $208.86

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                                               

  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        70,000     $305.00     $305.00     $305.00

  Frozen 92-94%                                            

  Fresh  90%                26       938,511     $289.00     $295.00     $291.11

  Frozen 90%                 2        84,000     $303.00     $305.00     $304.00

  Fresh  85%                17       569,420     $259.00     $279.00     $264.82

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 2        70,000     $208.00     $210.00     $208.86

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                                               

  Frozen 65%                                               

  Fresh  50%                11       379,593     $145.00     $153.92     $149.46

  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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