Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, Oct 10, 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                  137.02  loads   --                    5,480,625  pounds

National                 323.19  loads   --                   12,927,690  pounds

East Coast                12.33  loads   --                      493,258  pounds

West Coast                11.32  loads   --                      452,825  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             14       323,900     $305.32     $313.01     $310.13

  Frozen 92-94%                                            

  Fresh  90%                89     2,973,116     $292.00     $301.00     $294.68

  Frozen 90%                                               

  Fresh  85%                45     1,208,659     $269.00     $290.00     $271.92

  Frozen 85%                                               

  Fresh  81%                 7       294,000     $250.00     $250.00     $250.00

  Frozen 81%                                               

  Fresh  75%                14       349,878     $226.00     $245.00     $232.08

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                10       323,272     $180.00     $190.00     $182.82

  Frozen 65%                                               

Bull Product

  Fresh  94-96%              6         7,800     $320.00     $323.00     $321.65

  Frozen 94-96%                                            

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

FOB Plant - National

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             14       323,900     $305.32     $313.01     $310.13

  Frozen 92-94%                                            

  Fresh  90%               107     3,480,725     $291.00     $305.34     $294.80

  Frozen 90%                                               

  Fresh  85%                55     1,460,308     $269.00     $290.00     $272.28

  Frozen 85%                                               

  Fresh  81%                 7       294,000     $250.00     $250.00     $250.00

  Frozen 81%                                               

  Fresh  75%                24       481,652     $226.00     $245.00     $231.79

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                18       378,323     $180.00     $190.00     $182.93

  Frozen 65%                                               

  Fresh  50%               201     5,946,229      $98.00     $117.12     $105.81

  Frozen 50%                17       554,753     $108.00     $126.00     $112.57

Bull Product

  Fresh  94-96%              6         7,800     $320.00     $323.00     $321.65

  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%                14       453,609     $291.00     $305.34     $295.38

  Frozen 90%                                               

  Fresh  85%                 1        39,649     $278.00     $278.00     $278.00

  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        54,000     $296.00     $297.00     $296.70

  Frozen 90%                                               

  Fresh  85%                 9       212,000     $271.00     $275.00     $273.28

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                10       131,774     $230.54     $238.61     $231.02

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 8        55,051     $181.92     $189.00     $183.55

  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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