Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Sep 29, 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 the last market test: Lean boneless 1.00 to 2.00 higher; 85% lean 

1.00 to 2.00 higher; 65% lean mostly steady; All other lean percentages not fully

established. Beef trimmings lower on light to moderate demand and offerings.





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



Central                  45.18  Loads   --                     1,807,344  pounds

National                 65.00  Loads   --                     2,599,922  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             15       323,914     $306.79     $314.80     $312.31

  Frozen 92-94%                                            

  Fresh  90%                30       775,435     $293.75     $302.00     $298.39

  Frozen 90%                                               

  Fresh  85%                12       381,367     $271.00     $287.05     $276.67

  Frozen 85%                                               

  Fresh  81%                 4       168,000     $250.00     $250.00     $250.00

  Frozen 81%                                               

  Fresh  75%                 1        31,500     $229.77     $229.77     $229.77

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4       127,128     $181.00     $188.77     $186.22

  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%             15       323,914     $306.79     $314.80     $312.31

  Frozen 92-94%                                            

  Fresh  90%                33       866,379     $293.75     $302.40     $298.59

  Frozen 90%                                               

  Fresh  85%                13       415,367     $271.00     $287.05     $276.70

  Frozen 85%                                               

  Fresh  81%                 4       168,000     $250.00     $250.00     $250.00

  Frozen 81%                                               

  Fresh  75%                 5       132,567     $229.55     $233.60     $229.79

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 8       136,039     $181.00     $188.77     $186.36

  Frozen 65%                                               

  Fresh  50%                20       557,656     $101.00     $109.00     $105.59

  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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