Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Aug 11, 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% was firm

to higher; 81% was steady; 75% was unevenly steady; 65% was firm to higher; 

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                  52.59  Loads   --                     2,103,501  pounds

National                 70.15  Loads   --                     2,805,959  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             17       428,500     $302.70     $310.10     $307.61

  Frozen 92-94%                                            

  Fresh  90%                35       921,796     $292.00     $299.00     $295.10

  Frozen 90%                                               

  Fresh  85%                14       357,000     $266.00     $286.50     $271.00

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $246.00     $246.00     $246.00

  Frozen 81%                                               

  Fresh  75%                 4        59,475     $208.00     $219.73     $212.10

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 2        84,730     $190.00     $195.21     $192.58

  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%             18       449,065     $302.70     $312.50     $307.83

  Frozen 92-94%                                            

  Fresh  90%                39     1,019,328     $292.00     $299.00     $295.03

  Frozen 90%                                               

  Fresh  85%                18       431,000     $266.00     $286.50     $270.61

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $246.00     $246.00     $246.00

  Frozen 81%                                               

  Fresh  75%                 5        97,668     $207.43     $219.73     $210.27

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 5       118,730     $190.00     $196.00     $193.56

  Frozen 65%                                               

  Fresh  50%                20       438,168     $141.67     $158.14     $151.09

  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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