Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Thu, Jul 31, 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 generally steady; 85% and 

65% were unevenly steady; Other lean percentages were not fully established. 

Beef trimmings form on fairly good demand and moderate offerings.





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



Central                  35.04  Loads   --                     1,401,759  pounds

National                 60.07  Loads   --                     2,402,637  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              5       103,585     $305.00     $310.00     $307.62

  Frozen 92-94%                                            

  Fresh  90%                25       827,739     $289.00     $294.47     $292.26

  Frozen 90%                                               

  Fresh  85%                11       322,850     $262.00     $285.00     $268.80

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4       137,926     $183.00     $192.00     $186.15

  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%              5       103,585     $305.00     $310.00     $307.62

  Frozen 92-94%                                            

  Fresh  90%                30       929,040     $289.00     $294.47     $292.16

  Frozen 90%                                               

  Fresh  85%                15       454,850     $262.00     $285.00     $268.28

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 4        32,195     $202.00     $220.00     $207.40

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 5       179,926     $183.00     $192.00     $185.88

  Frozen 65%                                               

  Fresh  50%                26       703,041     $148.42     $155.49     $152.00

  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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