Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Wed, Sep 17, 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 mostly weak to lower; 85% was 

sharply lower; 81% was firm to higher on a light test; 75% was firm to higher;

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

light to moderate demand and moderate offerings.



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



Central                  47.42  Loads   --                     1,896,839  pounds

National                 70.99  Loads   --                     2,839,549  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%                                            

  Frozen 92-94%                                            

  Fresh  90%                28       874,935     $297.00     $302.00     $298.36

  Frozen 90%                                               

  Fresh  85%                21       802,621     $274.00     $284.00     $275.84

  Frozen 85%                                               

  Fresh  81%                 2        52,500     $250.00     $251.00     $250.40

  Frozen 81%                                               

  Fresh  75%                 3       111,500     $215.55     $235.00     $229.51

  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%                                            

  Frozen 92-94%                                            

  Fresh  90%                34     1,080,418     $297.00     $302.00     $298.65

  Frozen 90%                                               

  Fresh  85%                21       802,621     $274.00     $284.00     $275.84

  Frozen 85%                                               

  Fresh  81%                 2        52,500     $250.00     $251.00     $250.40

  Frozen 81%                                               

  Fresh  75%                 3       111,500     $215.55     $235.00     $229.51

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                

  Frozen 65%                                               

  Fresh  50%                24       735,453     $108.00     $120.50     $110.67

  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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