Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Jul 28, 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 steady to firm; 85% was firm

to higher; 81% was 1.00 higher; 75% and 65% were mostly 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                  43.11  Loads   --                     1,724,424  pounds

National                 56.23  Loads   --                     2,249,274  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             12       319,533     $300.48     $307.50     $305.60

  Frozen 92-94%                                            

  Fresh  90%                29       691,374     $289.00     $292.64     $291.28

  Frozen 90%                                               

  Fresh  85%                12       300,008     $259.00     $284.00     $266.72

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $244.00     $244.00     $244.00

  Frozen 81%                                               

  Fresh  75%                 3        75,000     $199.38     $219.00     $205.40

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4        86,509     $183.00     $192.59     $185.66

  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%             13       360,820     $300.48     $308.00     $305.88

  Frozen 92-94%                                            

  Fresh  90%                30       733,749     $289.00     $294.00     $291.44

  Frozen 90%                                               

  Fresh  85%                17       396,008     $259.00     $284.00     $266.83

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $244.00     $244.00     $244.00

  Frozen 81%                                               

  Fresh  75%                 5        98,835     $199.38     $219.00     $205.10

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 5        90,509     $183.00     $192.59     $185.90

  Frozen 65%                                               

  Fresh  50%                10       317,353     $149.63     $151.00     $150.22

  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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