Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Thu, Oct 02, 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 mostly steady; 85% lean 2.00 

higher; All other lean percentages not fully established. Beef trimmings steady

on moderate to fairly good demand and heavy offerings. 





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



Central                  16.37  Loads   --                       654,706  pounds

National                 60.18  Loads   --                     2,407,179  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              3        62,145     $312.00     $315.00     $313.57

  Frozen 92-94%                                            

  Fresh  90%                11       326,695     $292.00     $299.00     $295.21

  Frozen 90%                 1        42,000     $310.00     $310.00     $310.00

  Fresh  85%                 7       223,866     $270.00     $277.00     $274.28

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  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%              3        62,145     $312.00     $315.00     $313.57

  Frozen 92-94%                                            

  Fresh  90%                17       530,828     $283.00     $299.03     $294.14

  Frozen 90%                 1        42,000     $310.00     $310.00     $310.00

  Fresh  85%                10       333,866     $270.00     $278.00     $273.74

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 3        20,313     $233.00     $233.00     $233.00

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4        58,193     $183.00     $198.00     $187.19

  Frozen 65%                                               

  Fresh  50%                44     1,359,834     $100.00     $111.68     $103.96

  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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