Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, Jul 04, 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                  117.26  loads   --                    4,690,527  pounds

National                 173.62  loads   --                    6,944,919  pounds

East Coast                 4.11  loads   --                      164,566  pounds

West Coast                11.41  loads   --                      456,448  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             14       382,200     $264.11     $296.00     $278.77

  Frozen 92-94%                                            

  Fresh  90%                69     2,135,001     $261.69     $285.00     $271.95

  Frozen 90%                 2        84,000     $273.00     $280.00     $276.50

  Fresh  85%                55     1,450,818     $227.00     $264.00     $245.37

  Frozen 85%                                               

  Fresh  81%                 5       199,500     $216.00     $216.00     $216.00

  Frozen 81%                                               

  Fresh  75%                 7       101,062     $190.27     $202.00     $196.53

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                12       324,146     $169.60     $180.74     $172.97

  Frozen 65%                                               

Bull Product

  Fresh  94-96%              7        13,800     $269.00     $288.00     $280.76

  Frozen 94-96%                                            

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

FOB Plant - National

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             14       382,200     $264.11     $296.00     $278.77

  Frozen 92-94%                                            

  Fresh  90%                76     2,340,299     $261.69     $315.00     $272.92

  Frozen 90%                 2        84,000     $273.00     $280.00     $276.50

  Fresh  85%                61     1,632,818     $227.00     $264.00     $243.88

  Frozen 85%                                               

  Fresh  81%                 5       199,500     $216.00     $216.00     $216.00

  Frozen 81%                                               

  Fresh  75%                14       227,700     $184.31     $202.00     $191.37

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                18       431,224     $169.60     $180.74     $173.62

  Frozen 65%                                               

  Fresh  50%                67     1,611,188     $114.51     $130.50     $121.53

  Frozen 50%                 4        22,190     $136.00     $137.00     $136.06

Bull Product

  Fresh  94-96%              7        13,800     $269.00     $288.00     $280.76

  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       122,566     $268.00     $284.00     $270.73

  Frozen 90%                                               

  Fresh  85%                 1        42,000     $241.00     $241.00     $241.00

  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 - West Coast

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%                                            

  Frozen 92-94%                                            

  Fresh  90%                 2        82,732     $288.00     $315.00     $301.29

  Frozen 90%                                               

  Fresh  85%                 5       140,000     $227.00     $246.00     $229.24

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 7       126,638     $184.31     $197.02     $187.24

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 6       107,078     $171.00     $179.00     $175.58

  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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