Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Sep 22, 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 mostly firm 

to higher; 81% was steady to weak; 75% and 65% were unevenly steady; Other lean

percentages were not fully established. Beef trimmings steady on moderate demand 

and moderate to heavy offerings.



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



Central                  45.76  Loads   --                     1,830,384  pounds

National                 80.93  Loads   --                     3,237,282  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             14       351,010     $308.99     $316.82     $313.82

  Frozen 92-94%                                            

  Fresh  90%                30       774,135     $299.99     $303.00     $301.07

  Frozen 90%                                               

  Fresh  85%                12       336,105     $276.00     $281.83     $278.11

  Frozen 85%                                               

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

  Frozen 81%                                               

  Fresh  75%                 2        46,977     $224.94     $236.00     $228.58

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        70,157     $188.04     $188.54     $188.35

  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%             14       351,010     $308.99     $316.82     $313.82

  Frozen 92-94%                                            

  Fresh  90%                36       979,158     $299.99     $303.07     $301.22

  Frozen 90%                                               

  Fresh  85%                13       364,105     $276.00     $281.83     $278.10

  Frozen 85%                                               

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

  Frozen 81%                                               

  Fresh  75%                 6       158,304     $224.94     $236.00     $227.33

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        70,157     $188.04     $188.54     $188.35

  Frozen 65%                                               

  Fresh  50%                29     1,062,548     $106.00     $117.50     $110.89

  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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