Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, Jul 18, 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                  126.68  loads   --                    5,067,181  pounds

National                 245.42  loads   --                    9,816,619  pounds

East Coast                 9.48  loads   --                      379,077  pounds

West Coast                15.56  loads   --                      622,542  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             25       700,800     $290.51     $308.00     $301.52

  Frozen 92-94%                                            

  Fresh  90%                87     2,535,001     $285.65     $306.00     $290.88

  Frozen 90%                                               

  Fresh  85%                48     1,389,194     $254.34     $280.00     $264.06

  Frozen 85%                                               

  Fresh  81%                 5       199,500     $240.00     $240.00     $240.00

  Frozen 81%                                               

  Fresh  75%                 5        91,513     $198.19     $214.00     $206.04

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 5       140,973     $171.00     $185.24     $178.88

  Frozen 65%                                               

Bull Product

  Fresh  94-96%              5        10,200     $272.00     $322.00     $304.35

  Frozen 94-96%                                            

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

FOB Plant - National

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             25       700,800     $290.51     $308.00     $301.52

  Frozen 92-94%                                            

  Fresh  90%                99     2,970,846     $285.65     $325.00     $292.36

  Frozen 90%                                               

  Fresh  85%                61     1,715,194     $254.00     $280.00     $262.79

  Frozen 85%                                               

  Fresh  81%                 5       199,500     $240.00     $240.00     $240.00

  Frozen 81%                                               

  Fresh  75%                 8       200,487     $196.93     $214.00     $201.14

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                17       271,773     $171.00     $185.24     $180.30

  Frozen 65%                                               

  Fresh  50%                65     1,937,139     $132.00     $142.00     $137.05

  Frozen 50%                52     1,810,680     $118.58     $149.00     $130.63

Bull Product

  Fresh  94-96%              5        10,200     $272.00     $322.00     $304.35

  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%                 9       320,077     $289.00     $304.00     $293.61

  Frozen 90%                                               

  Fresh  85%                                               

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        59,000     $178.00     $183.00     $181.31

  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%                 3       115,768     $312.00     $325.00     $321.41

  Frozen 90%                                               

  Fresh  85%                13       326,000     $254.00     $269.00     $257.40

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 3       108,974     $196.93     $197.07     $197.02

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 9        71,800     $177.02     $185.00     $182.27

  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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