Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Oct 06, 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 unevenly steady; 85% was firm to 

higher on a light test; 81% was mostly steady; 75% and 65% were unevenly steady; 

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

moderate to fairly good demand and moderate to heavy offerings.



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



Central                  55.13  Loads   --                     2,205,266  pounds

National                 85.71  Loads   --                     3,428,572  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             14       323,900     $305.32     $313.01     $310.13

  Frozen 92-94%                                            

  Fresh  90%                38     1,238,607     $292.00     $297.51     $295.77

  Frozen 90%                                               

  Fresh  85%                 6        72,646     $270.00     $287.25     $279.90

  Frozen 85%                                               

  Fresh  81%                 7       294,000     $250.00     $250.00     $250.00

  Frozen 81%                                               

  Fresh  75%                 4       107,200     $233.00     $235.00     $234.24

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4       168,913     $180.00     $184.26     $181.99

  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       323,900     $305.32     $313.01     $310.13

  Frozen 92-94%                                            

  Fresh  90%                43     1,369,481     $291.00     $297.51     $295.61

  Frozen 90%                                               

  Fresh  85%                 7       112,295     $270.00     $287.25     $279.23

  Frozen 85%                                               

  Fresh  81%                 7       294,000     $250.00     $250.00     $250.00

  Frozen 81%                                               

  Fresh  75%                 6       138,936     $230.54     $238.61     $233.70

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 5       188,624     $180.00     $184.26     $182.15

  Frozen 65%                                               

  Fresh  50%                33     1,001,336      $98.32     $109.50     $104.83

  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



.

No comments

Add new comment

(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.

Welcome

to our redesigned homepage!

Scroll Down for more stories