Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, May 16, 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                  146.89  loads   --                    5,875,625  pounds

National                 210.79  loads   --                    8,431,711  pounds

East Coast                 5.37  loads   --                      214,656  pounds

West Coast                18.66  loads   --                      746,469  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             22       575,533     $253.86     $260.30     $258.60

  Frozen 92-94%                                            

  Fresh  90%                86     2,766,198     $237.00     $248.00     $243.98

  Frozen 90%                 4        72,600     $253.00     $255.00     $254.42

  Fresh  85%                58     1,663,014     $205.00     $222.25     $208.90

  Frozen 85%                                               

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

  Frozen 81%                                               

  Fresh  75%                 4       101,761     $188.01     $190.00     $188.87

  Frozen 75%                                               

  Fresh  73%                 2        83,804     $175.00     $175.00     $175.00

  Frozen 73%                                               

  Fresh  65%                12       348,415     $156.00     $167.00     $162.00

  Frozen 65%                                               

Bull Product

  Fresh  94-96%              7        12,300     $264.00     $275.00     $272.00

  Frozen 94-96%                                            

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

FOB Plant - National

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             22       575,533     $253.86     $260.30     $258.60

  Frozen 92-94%                                            

  Fresh  90%                96     2,958,854     $237.00     $248.00     $244.03

  Frozen 90%                 4        72,600     $253.00     $255.00     $254.42

  Fresh  85%                75     1,964,128     $205.00     $222.25     $208.97

  Frozen 85%                                               

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

  Frozen 81%                                               

  Fresh  75%                12       246,495     $187.00     $195.89     $189.32

  Frozen 75%                                               

  Fresh  73%                 3       124,230     $175.00     $175.00     $175.00

  Frozen 73%                                               

  Fresh  65%                30       630,610     $156.00     $168.00     $162.80

  Frozen 65%                                               

  Fresh  50%                64     1,478,141     $120.00     $138.00     $129.39

  Frozen 50%                 3       116,820     $120.00     $124.79     $122.51

Bull Product

  Fresh  94-96%              7        12,300     $264.00     $275.00     $272.00

  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%                 5       136,656     $242.00     $246.00     $244.54

  Frozen 90%                                               

  Fresh  85%                                               

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 2        78,000     $164.00     $164.00     $164.00

  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%                 5        56,000     $243.00     $246.00     $245.39

  Frozen 90%                                               

  Fresh  85%                17       301,114     $206.00     $217.00     $209.34

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 8       144,734     $187.00     $195.89     $189.64

  Frozen 75%                                               

  Fresh  73%                 1        40,426     $175.00     $175.00     $175.00

  Frozen 73%                                               

  Fresh  65%                16       204,195     $157.69     $168.00     $163.72

  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

1530C



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