Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Wed, Sep 03, 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; 75% and 65% were weak to lower; Other lean percentages were not fully 

established. Beef trimmings higher on a light test.





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



Central                  54.05  Loads   --                     2,162,083  pounds

National                 59.52  Loads   --                     2,380,859  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              

  Frozen 92-94%                                            

  Fresh  90%                30       976,161     $298.51     $301.00     $299.98

  Frozen 90%                                               

  Fresh  85%                28     1,041,572     $274.00     $289.00     $276.33

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 2        44,350     $215.05     $219.00     $217.72

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 2        88,000     $190.00     $190.00     $190.00

  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%              

  Frozen 92-94%                                            

  Fresh  90%                31     1,017,684     $296.00     $301.00     $299.82

  Frozen 90%                                               

  Fresh  85%                28     1,041,572     $274.00     $289.00     $276.33

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 4        71,352     $206.00     $219.00     $214.79

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        94,000     $190.00     $199.00     $190.57

  Frozen 65%                                               

  Fresh  50%                 4       144,251     $132.28     $135.00     $132.94

  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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