Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, Aug 01, 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                  110.84  loads   --                    4,433,728  pounds

National                 203.21  loads   --                    8,128,402  pounds

East Coast                11.34  loads   --                      453,602  pounds

West Coast                14.59  loads   --                      583,782  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             18       433,118     $300.48     $310.00     $306.19

  Frozen 92-94%                                            

  Fresh  90%                76     2,101,210     $289.00     $296.00     $291.99

  Frozen 90%                 2        84,000     $303.00     $307.00     $305.00

  Fresh  85%                46     1,204,886     $259.00     $286.50     $268.59

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $244.00     $244.00     $244.00

  Frozen 81%                                               

  Fresh  75%                 4        84,659     $199.38     $220.00     $207.07

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                10       273,855     $183.00     $192.59     $185.77

  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%             19       474,405     $300.48     $310.00     $306.34

  Frozen 92-94%                                            

  Fresh  90%                92     2,557,525     $289.00     $297.00     $292.22

  Frozen 90%                 2        84,000     $303.00     $307.00     $305.00

  Fresh  85%                58     1,468,886     $259.00     $286.50     $268.34

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $244.00     $244.00     $244.00

  Frozen 81%                                               

  Fresh  75%                11       207,106     $199.38     $220.00     $204.72

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                24       427,190     $183.00     $192.59     $186.82

  Frozen 65%                                               

  Fresh  50%                96     2,506,150     $146.64     $157.00     $151.47

  Frozen 50%                 6       151,140     $140.00     $164.00     $143.11

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%              1        41,287     $308.00     $308.00     $308.00

  Frozen 92-94%                                            

  Fresh  90%                12       412,315     $289.00     $297.00     $293.34

  Frozen 90%                                               

  Fresh  85%                                               

  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%                 4        44,000     $293.00     $293.00     $293.00

  Frozen 90%                                               

  Fresh  85%                12       264,000     $266.00     $276.00     $267.23

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 7       122,447     $202.00     $212.57     $203.09

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                14       153,335     $184.50     $192.00     $188.70

  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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