Advice and Tips

Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400

Des Moines, IA                  Thu, Oct 02, 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 the last market test: Lean boneless 1.00 to 2.00 lower; 85% lean 

higher on a light test; All other lean percentages not fully established.







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



Central                  12.25  Loads   --                       490,125  pounds

National                 28.73  Loads   --                     1,149,021  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              1        42,000     $314.31     $314.31     $314.31

  Frozen 92-94%                                            

  Fresh  90%                 6       248,240     $292.00     $297.00     $294.85

  Frozen 90%                 1        42,000     $310.00     $310.00     $310.00

  Fresh  85%                 4       157,885     $272.21     $277.00     $275.73

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                                               

  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%              1        42,000     $314.31     $314.31     $314.31

  Frozen 92-94%                                            

  Fresh  90%                 8       332,240     $283.00     $297.00     $291.85

  Frozen 90%                 1        42,000     $310.00     $310.00     $310.00

  Fresh  85%                 5       199,885     $271.00     $277.00     $274.73

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 3        20,313     $233.00     $233.00     $233.00

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 2        38,193     $183.00     $183.00     $183.00

  Frozen 65%                                               

  Fresh  50%                17       474,390     $100.00     $108.00     $104.31

  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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