Advice and Tips

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Nov 03, 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 generally steady; 85% was firm 

to higher; 81% was mostly steady; 75% was unevenly steady; 65% was moderately 

to sharply lower; Other lean percentages were not fully established. Beef 

trimmings higher on moderate demand and light to moderate offerings.



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



Central                  57.19  Loads   --                     2,287,759  pounds

National                 68.98  Loads   --                     2,759,132  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             12       256,200     $304.95     $312.03     $309.46

  Frozen 92-94%                                            

  Fresh  90%                44     1,236,891     $293.00     $297.55     $296.08

  Frozen 90%                                               

  Fresh  85%                12       314,763     $272.00     $289.00     $273.05

  Frozen 85%                                               

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

  Frozen 81%                                               

  Fresh  75%                 4        95,697     $233.59     $239.05     $235.08

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 5       132,208     $171.00     $180.98     $177.43

  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%             12       256,200     $304.95     $312.03     $309.46

  Frozen 92-94%                                            

  Fresh  90%                44     1,236,891     $293.00     $297.55     $296.08

  Frozen 90%                                               

  Fresh  85%                15       358,763     $272.00     $289.00     $273.19

  Frozen 85%                                               

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

  Frozen 81%                                               

  Fresh  75%                 5       131,708     $232.55     $239.05     $234.39

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 8       174,208     $171.00     $185.00     $178.62

  Frozen 65%                                               

  Fresh  50%                19       349,362     $116.50     $122.50     $119.60

  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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