Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Sep 08, 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 firm to higher; 85% was 

unevenly steady; 81% was 2.00 higher; 75% was firm to higher; 65% was

unevenly steady; Other lean percentages were not fully established. Beef 

trimmings higher on moderate demand and offerings.



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



Central                  48.12  Loads   --                     1,924,635  pounds

National                 70.87  Loads   --                     2,834,657  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             11       249,900     $308.99     $316.61     $313.76

  Frozen 92-94%                                            

  Fresh  90%                33       814,531     $299.00     $303.25     $300.88

  Frozen 90%                                               

  Fresh  85%                14       349,429     $276.79     $288.00     $279.18

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $250.00     $250.00     $250.00

  Frozen 81%                                               

  Fresh  75%                 3        54,314     $214.28     $221.00     $216.80

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                10       204,461     $178.89     $198.00     $188.06

  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%             11       249,900     $308.99     $316.61     $313.76

  Frozen 92-94%                                            

  Fresh  90%                33       814,531     $299.00     $303.25     $300.88

  Frozen 90%                                               

  Fresh  85%                15       369,429     $276.79     $288.00     $279.06

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $250.00     $250.00     $250.00

  Frozen 81%                                               

  Fresh  75%                 5        97,435     $213.65     $221.00     $215.61

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                15       215,034     $178.89     $198.00     $188.18

  Frozen 65%                                               

  Fresh  50%                38       836,328     $117.00     $138.50     $125.62

  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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