Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, Sep 19, 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                  127.41  loads   --                    5,096,501  pounds

National                 261.37  loads   --                   10,454,837  pounds

East Coast                13.23  loads   --                      529,136  pounds

West Coast                 6.86  loads   --                      274,382  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             20       546,300     $309.27     $317.03     $314.48

  Frozen 92-94%                                            

  Fresh  90%                85     2,457,746     $297.00     $302.67     $299.99

  Frozen 90%                                               

  Fresh  85%                49     1,284,154     $274.00     $290.00     $277.46

  Frozen 85%                                               

  Fresh  81%                 8       298,200     $250.00     $251.00     $250.19

  Frozen 81%                                               

  Fresh  75%                 7       207,000     $215.55     $235.00     $230.57

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                13       303,101     $168.66     $193.00     $186.25

  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%             20       546,300     $309.27     $317.03     $314.48

  Frozen 92-94%                                            

  Fresh  90%               104     3,038,882     $297.00     $303.03     $300.09

  Frozen 90%                                               

  Fresh  85%                55     1,374,154     $274.00     $290.00     $277.52

  Frozen 85%                                               

  Fresh  81%                 8       298,200     $250.00     $251.00     $250.19

  Frozen 81%                                               

  Fresh  75%                 9       268,074     $214.45     $235.00     $226.90

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                24       374,409     $168.66     $196.00     $187.54

  Frozen 65%                                               

  Fresh  50%               126     3,844,575     $107.21     $124.00     $111.69

  Frozen 50%                24       710,243     $114.33     $120.79     $117.19

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%                                            

  Frozen 92-94%                                            

  Fresh  90%                15       529,136     $297.00     $303.03     $300.39

  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        52,000     $301.00     $302.00     $301.69

  Frozen 90%                                               

  Fresh  85%                 6        90,000     $275.00     $279.00     $278.29

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 2        61,074     $214.45     $214.45     $214.45

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                11        71,308     $188.18     $196.00     $193.04

  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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