Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Thu, Oct 30, 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 unevenly 

steady; 75% and 65% were firm to higher; Other lean percentages were not fully 

established. Beef trimmings weak on moderate demand and moderate to heavy 

offerings.



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



Central                  12.24  Loads   --                       489,609  pounds

National                 43.05  Loads   --                     1,722,055  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              

  Frozen 92-94%                                            

  Fresh  90%                 8       257,504     $293.00     $297.57     $295.69

  Frozen 90%                                               

  Fresh  85%                 4       100,400     $275.00     $277.00     $276.06

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 2        43,705     $233.00     $238.05     $234.58

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 2        46,000     $179.39     $181.00     $179.53

  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%                12       364,229     $293.00     $298.00     $296.31

  Frozen 90%                                               

  Fresh  85%                 7       162,400     $273.00     $277.00     $275.17

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 5        64,627     $227.00     $238.05     $232.13

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4        70,897     $176.34     $184.00     $179.92

  Frozen 65%                                               

  Fresh  50%                31     1,017,902     $116.00     $122.00     $118.55

  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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