Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, Jun 06, 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                  150.40  loads   --                    6,015,838  pounds

National                 212.47  loads   --                    8,498,629  pounds

East Coast                 8.64  loads   --                      345,656  pounds

West Coast                10.80  loads   --                      431,802  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             16       385,400     $252.68     $257.31     $255.29

  Frozen 92-94%                                            

  Fresh  90%                98     3,121,882     $241.00     $250.00     $244.08

  Frozen 90%                                               

  Fresh  85%                62     1,788,090     $208.00     $224.00     $213.47

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $202.00     $202.00     $202.00

  Frozen 81%                                               

  Fresh  75%                 6       170,754     $176.00     $193.73     $184.47

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                11       297,712     $161.00     $172.00     $165.65

  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%             17       424,400     $251.90     $257.31     $254.98

  Frozen 92-94%                                            

  Fresh  90%               107     3,379,538     $240.00     $250.00     $244.06

  Frozen 90%                                               

  Fresh  85%                71     1,996,090     $208.00     $224.00     $213.54

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $202.00     $202.00     $202.00

  Frozen 81%                                               

  Fresh  75%                13       307,802     $176.00     $198.32     $187.69

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                17       433,466     $161.00     $173.00     $167.01

  Frozen 65%                                               

  Fresh  50%                82     1,688,687     $123.50     $132.50     $128.63

  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       209,656     $240.00     $247.00     $243.57

  Frozen 90%                                               

  Fresh  85%                 1        42,000     $216.00     $216.00     $216.00

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        94,000     $168.00     $173.00     $168.85

  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%              1        39,000     $251.90     $251.90     $251.90

  Frozen 92-94%                                            

  Fresh  90%                 3        48,000     $245.00     $245.00     $245.00

  Frozen 90%                                               

  Fresh  85%                 8       166,000     $210.00     $218.00     $213.67

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 7       137,048     $191.00     $198.32     $191.69

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        41,754     $162.00     $173.00     $172.54

  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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