Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Wed, Aug 13, 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 and 85% trimmings were unevenly 

steady; 65% was steady to weak; Other lean percentages were not fully 

established. Beef trimmings lower on light to moderate demand and moderate 

to heavy offerings.



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



Central                  54.17  Loads   --                     2,166,961  pounds

National                 73.67  Loads   --                     2,946,896  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             

  Frozen 92-94%                                            

  Fresh  90%                24       875,685     $294.00     $299.00     $296.24

  Frozen 90%                 2        84,000     $309.00     $310.00     $309.50

  Fresh  85%                38     1,129,205     $269.00     $291.25     $270.51

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 2        58,071     $190.00     $198.63     $192.38

  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        40,410     $312.00     $312.50     $312.25

  Frozen 92-94%                                            

  Fresh  90%                25       913,135     $294.00     $299.00     $296.23

  Frozen 90%                 2        84,000     $309.00     $310.00     $309.50

  Fresh  85%                38     1,129,205     $269.00     $291.25     $270.51

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        97,071     $190.00     $198.63     $193.44

  Frozen 65%                                               

  Fresh  50%                22       683,075     $139.40     $153.00     $145.63

  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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