Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, Sep 26, 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                  119.39  loads   --                    4,775,404  pounds

National                 278.64  loads   --                   11,145,618  pounds

East Coast                16.73  loads   --                      669,108  pounds

West Coast                 9.91  loads   --                      396,424  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             17       424,981     $308.99     $316.82     $313.89

  Frozen 92-94%                                            

  Fresh  90%                82     2,490,304     $292.00     $303.00     $297.79

  Frozen 90%                                               

  Fresh  85%                46     1,155,786     $271.00     $294.00     $276.24

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $250.00     $250.00     $250.00

  Frozen 81%                                               

  Fresh  75%                 5       166,977     $224.94     $236.00     $232.72

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                10       269,756     $183.00     $192.05     $187.78

  Frozen 65%                                               

Bull Product

  Fresh  94-96%              6        15,600     $322.00     $328.00     $326.08

  Frozen 94-96%                                            

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

FOB Plant - National

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             18       445,294     $308.99     $316.82     $313.97

  Frozen 92-94%                                            

  Fresh  90%                97     2,935,299     $292.00     $303.07     $298.32

  Frozen 90%                                               

  Fresh  85%                58     1,521,586     $271.00     $294.00     $276.51

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $250.00     $250.00     $250.00

  Frozen 81%                                               

  Fresh  75%                12       298,779     $223.00     $236.00     $229.85

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                18       372,378     $180.00     $196.00     $187.77

  Frozen 65%                                               

  Fresh  50%               149     5,069,654     $102.00     $117.50     $107.67

  Frozen 50%                 7       235,028     $114.80     $130.00     $123.89

Bull Product

  Fresh  94-96%              6        15,600     $322.00     $328.00     $326.08

  Frozen 94-96%                                            

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

FOB Plant - East Coast

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              1        20,313     $315.82     $315.82     $315.82

  Frozen 92-94%                                            

  Fresh  90%                12       398,995     $297.00     $303.07     $301.32

  Frozen 90%                                               

  Fresh  85%                 5       209,800     $274.00     $278.00     $277.00

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 1        40,000     $180.00     $180.00     $180.00

  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%                 3        46,000     $300.00     $301.00     $300.91

  Frozen 90%                                               

  Fresh  85%                 7       156,000     $275.00     $280.00     $277.85

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 7       131,802     $223.00     $229.00     $226.21

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 7        62,622     $187.22     $196.00     $192.68

  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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