Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Aug 25, 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 

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

Other lean percentages were not fully established. Beef trimmings weak on 

light to moderate demand and offerings.



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



Central                  55.75  Loads   --                     2,230,174  pounds

National                 75.79  Loads   --                     3,031,786  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             19       510,500     $306.65     $314.04     $310.72

  Frozen 92-94%                                            

  Fresh  90%                30       894,470     $296.00     $301.00     $298.59

  Frozen 90%                                               

  Fresh  85%                12       395,196     $272.95     $279.07     $276.63

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $248.00     $248.00     $248.00

  Frozen 81%                                               

  Fresh  75%                

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4       146,508     $191.50     $193.02     $192.37

  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       510,500     $306.65     $314.04     $310.72

  Frozen 92-94%                                            

  Fresh  90%                33       979,725     $296.00     $301.00     $298.66

  Frozen 90%                                               

  Fresh  85%                14       447,196     $272.95     $279.07     $276.26

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $248.00     $248.00     $248.00

  Frozen 81%                                               

  Fresh  75%                 5       142,342     $209.54     $214.34     $210.15

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 7       153,716     $190.49     $193.02     $192.29

  Frozen 65%                                               

  Fresh  50%                25       546,307     $134.00     $146.88     $139.09

  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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