Advice and Tips

Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400

Des Moines, IA                  Mon, Sep 22, 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 and 85% trimmings were generally 

steady; 81% was steady to weak; 75% and 65% were unevenly steady; Other lean

percentages were not fully established.





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



Central                  38.73  Loads   --                     1,549,057  pounds

National                 49.73  Loads   --                     1,989,248  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             13       308,700     $308.99     $316.82     $314.21

  Frozen 92-94%                                            

  Fresh  90%                25       630,300     $299.99     $301.59     $300.93

  Frozen 90%                                               

  Fresh  85%                 7       256,400     $276.00     $278.02     $277.53

  Frozen 85%                                               

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

  Frozen 81%                                               

  Fresh  75%                

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        70,157     $188.04     $188.54     $188.35

  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%             13       308,700     $308.99     $316.82     $314.21

  Frozen 92-94%                                            

  Fresh  90%                27       688,300     $299.99     $301.59     $300.96

  Frozen 90%                                               

  Fresh  85%                 7       256,400     $276.00     $278.02     $277.53

  Frozen 85%                                               

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

  Frozen 81%                                               

  Fresh  75%                 5       142,827     $224.94     $229.00     $226.39

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        70,157     $188.04     $188.54     $188.35

  Frozen 65%                                               

  Fresh  50%                 8       270,864     $107.00     $112.00     $108.54

  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

1130C



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