Advice and Tips

Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400

Des Moines, IA                  Mon, Oct 20, 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 generally steady; 81% was 

mostly steady; 75% was steady to weak; Other lean percentages were not fully

established.





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



Central                  31.19  Loads   --                     1,247,400  pounds

National                 33.86  Loads   --                     1,354,554  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             12       291,900     $304.22     $312.25     $309.38

  Frozen 92-94%                                            

  Fresh  90%                23       682,500     $295.22     $297.09     $296.10

  Frozen 90%                                               

  Fresh  85%                                               

  Frozen 85%                                               

  Fresh  81%                 6       231,000     $250.00     $250.00     $250.00

  Frozen 81%                                               

  Fresh  75%                 2        42,000     $234.01     $234.01     $234.01

  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%             12       291,900     $304.22     $312.25     $309.38

  Frozen 92-94%                                            

  Fresh  90%                23       682,500     $295.22     $297.09     $296.10

  Frozen 90%                                               

  Fresh  85%                                               

  Frozen 85%                                               

  Fresh  81%                 6       231,000     $250.00     $250.00     $250.00

  Frozen 81%                                               

  Fresh  75%                 5       149,154     $232.71     $234.01     $233.14

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                                               

  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.

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

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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