Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Mon, Sep 16, 2013               USDA Market News

NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales - Afternoon

FOB Plant basis negotiated sales for delivery within 0-21 day period, including
sales since last report, U.S.dollars per 100 pounds.

Compared to last market test: Lean boneless was unevenly steady; 85% was weak 
to lower; 81% was mostly steady; 65% was firm to 1.00 higher; Other lean
percentages were not fully established. Beef trimmings firm on light to 
moderate demand and offerings. 

CURRENT VOLUME - (one load equals 40,000 pounds)

Central                  34.26  Loads   --                     1,370,227  pounds
National                 52.84  Loads   --                     2,113,624  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             10       104,700     $216.84     $219.44     $218.33
  Frozen 92-94%                                            
  Fresh  90%                27       777,480     $206.00     $211.00     $208.49
  Frozen 90%                                               
  Fresh  85%                 
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $181.00     $181.00     $181.00
  Frozen 81%                                               
  Fresh  75%                 3        85,568     $163.70     $164.61     $164.08
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 4       108,154     $142.49     $145.00     $143.90
  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%             12       160,700     $214.48     $219.44     $216.99
  Frozen 92-94%                                            
  Fresh  90%                29       813,480     $206.00     $211.00     $208.56
  Frozen 90%                                               
  Fresh  85%                 6        82,525     $195.39     $201.50     $198.91
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $181.00     $181.00     $181.00
  Frozen 81%                                               
  Fresh  75%                 3        85,568     $163.70     $164.61     $164.08
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 4       108,154     $142.49     $145.00     $143.90
  Frozen 65%                                               
  Fresh  50%                21       611,197      $90.00     $105.85     $100.18
  Frozen 50%
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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