Advice and Tips

Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400

Des Moines, IA                  Mon, Aug 18, 2014               USDA Market News



NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -

Negotiated Sales - Morning



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 steady; 75% and 65% were mostly firm to 

higher; Other lean percentages were not fully established.





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



Central                  40.41  Loads   --                     1,616,443  pounds

National                 40.98  Loads   --                     1,639,171  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             15       352,900     $305.06     $312.82     $309.35

  Frozen 92-94%                                            

  Fresh  90%                23       575,020     $296.06     $299.26     $297.21

  Frozen 90%                                               

  Fresh  85%                 5       155,400     $271.15     $275.11     $272.06

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $246.00     $246.00     $246.00

  Frozen 81%                                               

  Fresh  75%                 

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 8       249,623     $190.00     $199.95     $192.49

  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       352,900     $305.06     $312.82     $309.35

  Frozen 92-94%                                            

  Fresh  90%                23       575,020     $296.06     $299.26     $297.21

  Frozen 90%                                               

  Fresh  85%                 5       155,400     $271.15     $275.11     $272.06

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $246.00     $246.00     $246.00

  Frozen 81%                                               

  Fresh  75%                 3        54,228     $209.35     $213.82     $209.92

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 8       249,623     $190.00     $199.95     $192.49

  Frozen 65%                                               

  Fresh  50%                                               

  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.

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

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