Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, Jul 11, 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                   99.63  loads   --                    3,985,297  pounds

National                 204.08  loads   --                    8,163,091  pounds

East Coast                18.74  loads   --                      749,738  pounds

West Coast                13.60  loads   --                      543,901  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             16       432,200     $279.27     $308.00     $290.01

  Frozen 92-94%                                            

  Fresh  90%                65     2,245,587     $271.95     $298.41     $285.65

  Frozen 90%                 1        42,000     $287.00     $287.00     $287.00

  Fresh  85%                33       722,754     $242.00     $267.00     $255.92

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $228.00     $228.00     $228.00

  Frozen 81%                                               

  Fresh  75%                 6       100,140     $191.54     $211.13     $202.44

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 8       149,036     $170.00     $180.35     $178.51

  Frozen 65%                 2        41,580     $155.00     $155.00     $155.00

Bull Product

  Fresh  94-96%                                            

  Frozen 94-96%                                            

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

FOB Plant - National

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             16       432,200     $279.27     $308.00     $290.01

  Frozen 92-94%                                            

  Fresh  90%                81     2,839,605     $271.95     $320.00     $285.90

  Frozen 90%                 1        42,000     $287.00     $287.00     $287.00

  Fresh  85%                51     1,176,754     $240.00     $267.00     $253.84

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $228.00     $228.00     $228.00

  Frozen 81%                                               

  Fresh  75%                14       219,205     $191.13     $235.00     $197.07

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                18       275,592     $166.50     $183.00     $178.89

  Frozen 65%                 2        41,580     $155.00     $155.00     $155.00

  Fresh  50%               113     2,669,834     $105.00     $135.00     $123.44

  Frozen 50%                 8       214,321     $117.00     $133.40     $118.75

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%                15       553,738     $273.10     $294.00     $284.42

  Frozen 90%                                               

  Fresh  85%                 4       156,000     $257.00     $263.00     $260.23

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 1         1,000     $235.00     $235.00     $235.00

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 1        39,000     $183.00     $183.00     $183.00

  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%                 1        40,280     $320.00     $320.00     $320.00

  Frozen 90%                                               

  Fresh  85%                14       298,000     $240.00     $254.00     $245.46

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 7       118,065     $191.13     $199.12     $192.19

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 9        87,556     $166.50     $180.00     $177.71

  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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