Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, Aug 15, 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                  142.43  loads   --                    5,697,310  pounds

National                 241.58  loads   --                    9,663,289  pounds

East Coast                12.80  loads   --                      511,888  pounds

West Coast                15.21  loads   --                      608,367  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             23       612,500     $302.70     $312.00     $308.07

  Frozen 92-94%                                            

  Fresh  90%                87     2,439,947     $292.00     $303.00     $296.06

  Frozen 90%                 2        84,000     $309.00     $310.00     $309.50

  Fresh  85%                69     1,935,130     $266.00     $291.25     $271.15

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $246.00     $246.00     $246.00

  Frozen 81%                                               

  Fresh  75%                 8        83,925     $195.00     $222.00     $212.45

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                10       277,208     $188.00     $198.63     $191.91

  Frozen 65%                                               

Bull Product

  Fresh  94-96%              6        12,600     $319.00     $329.00     $325.24

  Frozen 94-96%                                            

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

FOB Plant - National

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             26       674,125     $302.70     $321.00     $308.74

  Frozen 92-94%                                            

  Fresh  90%               105     2,854,710     $292.00     $303.00     $296.17

  Frozen 90%                 2        84,000     $309.00     $310.00     $309.50

  Fresh  85%                84     2,217,130     $266.00     $291.25     $271.11

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $246.00     $246.00     $246.00

  Frozen 81%                                               

  Fresh  75%                14       220,639     $195.00     $222.00     $209.61

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                28       502,361     $188.00     $199.00     $193.51

  Frozen 65%                                               

  Fresh  50%               104     2,788,833     $137.00     $158.14     $145.82

  Frozen 50%                 6        56,891     $145.84     $162.00     $152.74

Bull Product

  Fresh  94-96%              6        12,600     $319.00     $329.00     $325.24

  Frozen 94-96%                                            

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

FOB Plant - East Coast

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              3        61,625     $312.50     $321.00     $315.35

  Frozen 92-94%                                            

  Fresh  90%                14       370,763     $292.00     $301.00     $296.99

  Frozen 90%                                               

  Fresh  85%                                               

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        79,500     $195.00     $199.00     $196.30

  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     $295.00     $297.00     $295.36

  Frozen 90%                                               

  Fresh  85%                15       282,000     $267.00     $274.00     $270.82

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 6       136,714     $207.43     $210.00     $207.87

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                15       145,653     $188.42     $199.00     $195.04

  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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