Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, Aug 29, 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                  110.98  loads   --                    4,439,200  pounds

National                 235.54  loads   --                    9,421,793  pounds

East Coast                10.08  loads   --                      403,122  pounds

West Coast                 9.31  loads   --                      372,227  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             23       644,141     $306.65     $315.00     $310.89

  Frozen 92-94%                                            

  Fresh  90%                62     2,014,781     $296.00     $302.00     $298.69

  Frozen 90%                                               

  Fresh  85%                39     1,121,684     $271.00     $285.00     $276.00

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $248.00     $248.00     $248.00

  Frozen 81%                                               

  Fresh  75%                 3        65,650     $211.16     $222.00     $216.15

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                12       326,184     $191.00     $202.00     $192.60

  Frozen 65%                                               

Bull Product

  Fresh  94-96%              7        14,760     $320.00     $328.00     $323.71

  Frozen 94-96%                                            

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

FOB Plant - National

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             24       660,168     $306.65     $315.00     $310.93

  Frozen 92-94%                                            

  Fresh  90%                76     2,402,876     $295.00     $302.50     $298.81

  Frozen 90%                                               

  Fresh  85%                46     1,263,684     $271.00     $285.00     $275.81

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $248.00     $248.00     $248.00

  Frozen 81%                                               

  Fresh  75%                10       196,952     $206.00     $222.00     $211.55

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                22       424,109     $190.00     $202.00     $193.05

  Frozen 65%                                               

  Fresh  50%               142     4,064,334     $115.00     $146.88     $132.10

  Frozen 50%                 9       142,910     $130.00     $159.00     $143.13

Bull Product

  Fresh  94-96%              7        14,760     $320.00     $328.00     $323.71

  Frozen 94-96%                                            

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

FOB Plant - East Coast

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              1        16,027     $312.72     $312.72     $312.72

  Frozen 92-94%                                            

  Fresh  90%                10       348,095     $295.00     $302.50     $299.49

  Frozen 90%                                               

  Fresh  85%                                               

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 1        39,000     $190.00     $190.00     $190.00

  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%                 4        40,000     $297.00     $300.00     $299.00

  Frozen 90%                                               

  Fresh  85%                 7       142,000     $273.00     $278.00     $274.28

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 7       131,302     $206.00     $214.34     $209.26

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 9        58,925     $190.49     $199.00     $197.54

  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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