Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, Jul 25, 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                  146.67  loads   --                    5,866,715  pounds

National                 211.76  loads   --                    8,470,338  pounds

East Coast                 8.63  loads   --                      345,320  pounds

West Coast                13.99  loads   --                      559,457  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             21       607,036     $299.88     $308.69     $305.11

  Frozen 92-94%                                            

  Fresh  90%                96     3,101,040     $289.00     $295.00     $291.48

  Frozen 90%                 2        84,000     $303.00     $305.00     $304.00

  Fresh  85%                57     1,430,032     $255.40     $288.00     $266.57

  Frozen 85%                                               

  Fresh  81%                 6       245,700     $243.00     $243.00     $243.00

  Frozen 81%                                               

  Fresh  75%                 6       181,042     $200.41     $219.00     $206.97

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 7       204,365     $180.80     $188.73     $184.56

  Frozen 65%                                               

Bull Product

  Fresh  94-96%              6        13,500     $317.00     $324.00     $322.00

  Frozen 94-96%                                            

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

FOB Plant - National

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             23       661,624     $299.88     $311.00     $305.38

  Frozen 92-94%                                            

  Fresh  90%               110     3,408,772     $289.00     $295.00     $291.64

  Frozen 90%                 2        84,000     $303.00     $305.00     $304.00

  Fresh  85%                71     1,700,032     $255.40     $288.00     $266.33

  Frozen 85%                                               

  Fresh  81%                 6       245,700     $243.00     $243.00     $243.00

  Frozen 81%                                               

  Fresh  75%                12       317,328     $182.02     $219.00     $203.08

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                20       340,536     $180.80     $191.00     $185.86

  Frozen 65%                                               

  Fresh  50%                56     1,542,474     $138.50     $153.92     $145.63

  Frozen 50%                 6       156,372     $131.89     $140.00     $135.16

Bull Product

  Fresh  94-96%              6        13,500     $317.00     $324.00     $322.00

  Frozen 94-96%                                            

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

FOB Plant - East Coast

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              2        54,588     $306.39     $311.00     $308.36

  Frozen 92-94%                                            

  Fresh  90%                 9       249,732     $291.00     $295.00     $293.29

  Frozen 90%                                               

  Fresh  85%                 1         2,000     $282.00     $282.00     $282.00

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 2        39,000     $186.00     $186.00     $186.00

  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        58,000     $293.00     $294.00     $293.38

  Frozen 90%                                               

  Fresh  85%                13       268,000     $263.00     $274.00     $264.96

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 6       136,286     $182.02     $201.14     $197.92

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                11        97,171     $182.46     $191.00     $188.54

  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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