Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Aug 04, 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 moderately lower; 85% was

unevenly steady; 81% was 2.00 higher; 75% and 65% were firm to higher; Other 

lean percentages were not fully established. Beef trimmings lower on light 

to moderate demand and moderate offerings.



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



Central                  45.52  Loads   --                     1,820,754  pounds

National                 62.22  Loads   --                     2,488,928  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             18       414,986     $300.99     $310.00     $306.76

  Frozen 92-94%                                            

  Fresh  90%                29       702,239     $289.99     $296.00     $292.82

  Frozen 90%                                               

  Fresh  85%                16       409,393     $263.00     $280.34     $268.90

  Frozen 85%                                               

  Fresh  81%                 5       210,000     $246.00     $246.00     $246.00

  Frozen 81%                                               

  Fresh  75%                 3        46,000     $206.21     $207.00     $206.28

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        38,136     $187.32     $194.82     $190.49

  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%             19       425,486     $300.99     $311.10     $306.86

  Frozen 92-94%                                            

  Fresh  90%                32       743,109     $289.99     $296.00     $292.89

  Frozen 90%                                               

  Fresh  85%                19       445,393     $263.00     $280.34     $268.79

  Frozen 85%                                               

  Fresh  81%                 5       210,000     $246.00     $246.00     $246.00

  Frozen 81%                                               

  Fresh  75%                 6       147,806     $204.58     $207.00     $205.19

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 6        66,136     $187.32     $194.82     $190.22

  Frozen 65%                                               

  Fresh  50%                21       450,998     $145.27     $155.00     $151.21

  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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