Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, May 09, 2014                 USDA Market News



NATIONAL/REGIONAL WEEKLY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -

Negotiated Sales



FOB Plant basis negotiated sales for delivery within 0-21 day period, including

sales since last report, U.S.dollars per 100 pounds.



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



Central                  134.58  loads   --                    5,383,367  pounds

National                 223.51  loads   --                    8,940,333  pounds

East Coast                 8.43  loads   --                      337,319  pounds

West Coast                14.54  loads   --                      581,722  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             19       479,600     $255.00     $259.52     $256.70

  Frozen 92-94%                                            

  Fresh  90%                90     2,415,980     $241.00     $250.00     $244.86

  Frozen 90%                 5       106,800     $251.00     $257.00     $253.03

  Fresh  85%                57     1,680,732     $193.50     $218.00     $207.25

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $199.00     $199.00     $199.00

  Frozen 81%                                               

  Fresh  75%                 9       175,455     $185.00     $197.00     $190.21

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                11       272,800     $151.00     $162.12     $156.84

  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%             19       479,600     $255.00     $259.52     $256.70

  Frozen 92-94%                                            

  Fresh  90%               102     2,708,946     $241.00     $250.00     $245.06

  Frozen 90%                 6       148,200     $237.00     $257.00     $248.55

  Fresh  85%                68     1,967,908     $193.50     $218.00     $207.54

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $199.00     $199.00     $199.00

  Frozen 81%                                               

  Fresh  75%                17       314,901     $185.00     $205.00     $189.97

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                22       430,853     $151.00     $164.00     $158.83

  Frozen 65%                                               

  Fresh  50%               105     2,596,875     $103.00     $134.70     $125.82

  Frozen 50%                 

Bull Product

  Fresh  94-96%                                            

  Frozen 94-96%                                            

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

FOB Plant - East Coast

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%                                            

  Frozen 92-94%                                            

  Fresh  90%                 6       210,966     $242.00     $248.00     $246.39

  Frozen 90%                                               

  Fresh  85%                 1        42,000     $211.00     $211.00     $211.00

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 1         4,353     $205.00     $205.00     $205.00

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 2        80,000     $163.00     $164.00     $163.50

  Frozen 65%                                               

Bull Product

  Fresh  94-96%                                            

  Frozen 94-96%                                            

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

FOB Plant - West Coast

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%                                            

  Frozen 92-94%                                            

  Fresh  90%                 6        82,000     $246.00     $249.00     $247.37

  Frozen 90%                 1        41,400     $237.00     $237.00     $237.00

  Fresh  85%                10       245,176     $198.00     $217.00     $208.91

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 7       135,093     $186.00     $199.69     $189.16

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 9        78,053     $156.00     $164.00     $161.00

  Frozen 65%                                               

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

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