Advice and Tips

Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460

Des Moines, IA                Fri, Oct 17, 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                  153.14  loads   --                    6,125,504  pounds

National                 256.75  loads   --                   10,269,822  pounds

East Coast                15.22  loads   --                      608,940  pounds

West Coast                 9.48  loads   --                      379,133  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             14       350,826     $303.68     $311.68     $309.31

  Frozen 92-94%                                            

  Fresh  90%                92     2,873,279     $292.00     $301.00     $295.22

  Frozen 90%                 2       127,000     $305.00     $307.50     $306.67

  Fresh  85%                61     1,678,135     $269.00     $290.00     $272.98

  Frozen 85%                                               

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

  Frozen 81%                                               

  Fresh  75%                 3        58,013     $231.70     $246.00     $235.65

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                22       777,251     $173.00     $187.93     $177.73

  Frozen 65%                                               

Bull Product

  Fresh  94-96%              5         9,000     $318.00     $321.00     $319.67

  Frozen 94-96%                                            

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

FOB Plant - National

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             14       350,826     $303.68     $311.68     $309.31

  Frozen 92-94%                                            

  Fresh  90%               111     3,378,219     $292.00     $301.00     $295.34

  Frozen 90%                 2       127,000     $305.00     $307.50     $306.67

  Fresh  85%                76     2,020,135     $269.00     $290.00     $272.87

  Frozen 85%                                               

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

  Frozen 81%                                               

  Fresh  75%                 6       165,377     $231.49     $246.00     $233.01

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                26       811,020     $173.00     $196.00     $178.24

  Frozen 65%                                               

  Fresh  50%                95     2,974,485     $100.00     $121.50     $110.98

  Frozen 50%                10       181,760     $110.57     $134.00     $117.13

Bull Product

  Fresh  94-96%              5         9,000     $318.00     $321.00     $319.67

  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%                12       434,940     $293.00     $301.00     $295.87

  Frozen 90%                                               

  Fresh  85%                 4       168,000     $271.00     $271.00     $271.00

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 1         6,000     $196.00     $196.00     $196.00

  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%                 7        70,000     $296.00     $299.00     $296.91

  Frozen 90%                                               

  Fresh  85%                11       174,000     $271.00     $276.00     $273.66

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                 3       107,364     $231.49     $231.63     $231.58

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 3        27,769     $182.15     $189.00     $188.56

  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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