Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Thu, Aug 14, 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  

mostly weak to lower; 75% and 65% were lower on a light test; 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                  17.01  Loads   --                       680,454  pounds

National                 43.45  Loads   --                     1,738,067  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              3       122,000     $307.50     $311.00     $308.79

  Frozen 92-94%                                            

  Fresh  90%                11       240,600     $294.00     $298.00     $295.53

  Frozen 90%                                               

  Fresh  85%                 7       268,549     $266.00     $272.00     $270.69

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 

  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%              3       122,000     $307.50     $311.00     $308.79

  Frozen 92-94%                                            

  Fresh  90%                16       327,693     $294.00     $299.25     $296.04

  Frozen 90%                                               

  Fresh  85%                15       468,549     $266.00     $273.00     $271.02

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 4        28,539     $195.00     $210.00     $206.43

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 5        64,274     $188.42     $191.00     $190.04

  Frozen 65%                                               

  Fresh  50%                25       727,012     $137.00     $152.00     $142.27

  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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