Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, Aug 08, 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                  113.97  loads   --                    4,558,879  pounds

National                 200.75  loads   --                    8,030,068  pounds

East Coast                 7.45  loads   --                      297,990  pounds

West Coast                11.57  loads   --                      462,898  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             22       526,692     $300.99     $312.30     $307.67

  Frozen 92-94%                                            

  Fresh  90%                76     2,158,746     $289.99     $299.00     $293.70

  Frozen 90%                                               

  Fresh  85%                44     1,162,574     $263.00     $285.00     $269.19

  Frozen 85%                                               

  Fresh  81%                 5       210,000     $246.00     $246.00     $246.00

  Frozen 81%                                               

  Fresh  75%                 9       153,862     $206.21     $219.00     $209.27

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                11       347,005     $185.00     $194.82     $188.80

  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%             23       537,192     $300.99     $312.30     $307.73

  Frozen 92-94%                                            

  Fresh  90%                88     2,432,236     $289.99     $299.00     $293.82

  Frozen 90%                                               

  Fresh  85%                55     1,352,574     $263.00     $285.00     $269.15

  Frozen 85%                                               

  Fresh  81%                 5       210,000     $246.00     $246.00     $246.00

  Frozen 81%                                               

  Fresh  75%                15       278,393     $204.58     $219.00     $207.57

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                25       509,372     $185.00     $196.00     $190.21

  Frozen 65%                                               

  Fresh  50%                91     2,252,881     $132.00     $157.82     $149.86

  Frozen 50%                16       457,420     $133.00     $165.00     $141.28

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        10,500     $311.10     $311.10     $311.10

  Frozen 92-94%                                            

  Fresh  90%                 8       227,490     $293.00     $296.00     $295.02

  Frozen 90%                                               

  Fresh  85%                                               

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 2        60,000     $189.00     $196.00     $193.67

  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        46,000     $292.00     $295.00     $293.65

  Frozen 90%                                               

  Fresh  85%                11       190,000     $266.00     $274.00     $268.92

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 6       124,531     $204.58     $209.00     $205.48

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                12       102,367     $187.70     $196.00     $192.97

  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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