Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, Oct 03, 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                  120.69  loads   --                    4,827,776  pounds

National                 308.19  loads   --                   12,327,761  pounds

East Coast                31.27  loads   --                    1,250,978  pounds

West Coast                11.77  loads   --                      470,765  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             18       386,059     $306.79     $315.00     $312.51

  Frozen 92-94%                                            

  Fresh  90%                74     2,123,502     $292.00     $302.00     $296.32

  Frozen 90%                 2       127,000     $310.00     $310.00     $310.00

  Fresh  85%                56     1,686,798     $269.00     $287.25     $272.72

  Frozen 85%                                               

  Fresh  81%                 5       210,000     $250.00     $250.00     $250.00

  Frozen 81%                                               

  Fresh  75%                 2        47,079     $229.77     $237.00     $232.16

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 7       247,338     $176.00     $188.77     $183.22

  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%             18       386,059     $306.79     $315.00     $312.51

  Frozen 92-94%                                            

  Fresh  90%               100     3,021,280     $283.00     $302.40     $296.01

  Frozen 90%                 2       127,000     $310.00     $310.00     $310.00

  Fresh  85%                72     2,207,998     $259.00     $287.25     $272.04

  Frozen 85%                                               

  Fresh  81%                 5       210,000     $250.00     $250.00     $250.00

  Frozen 81%                                               

  Fresh  75%                 9       168,459     $229.55     $237.00     $230.84

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                22       428,723     $176.00     $198.00     $183.26

  Frozen 65%                                               

  Fresh  50%               166     5,355,765      $98.00     $111.68     $103.85

  Frozen 50%                28       422,477     $107.00     $122.00     $112.04

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%                21       839,778     $283.00     $302.40     $295.07

  Frozen 90%                                               

  Fresh  85%                11       405,200     $259.00     $284.00     $268.14

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 1         6,000     $198.00     $198.00     $198.00

  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%                 5        58,000     $296.00     $299.00     $298.24

  Frozen 90%                                               

  Fresh  85%                 5       116,000     $272.00     $278.00     $275.90

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 7       121,380     $229.55     $233.60     $230.33

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                14       175,385     $178.00     $194.00     $182.81

  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

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