Boneless Cow Beef & Beef Trimmings - Morning

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LM_XB400
Des Moines, IA                  Thu, Nov 14, 2013               USDA Market News

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

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 firm to higher; 85% was 
mostly firm; 65% was steady to weak; Other lean percentages were not 
fully established.


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

Central                  21.77  Loads   --                       870,765  pounds
National                 31.41  Loads   --                     1,256,301  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              3       126,000     $203.27     $203.27     $203.27
  Frozen 92-94%                                            
  Fresh  90%                13       302,700     $185.00     $197.00     $191.07
  Frozen 90%                                               
  Fresh  85%                12       316,065     $180.99     $187.67     $181.59
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 3       126,000     $126.53     $128.03     $127.53
  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%              3       126,000     $203.27     $203.27     $203.27
  Frozen 92-94%                                            
  Fresh  90%                16       344,700     $185.00     $198.00     $191.92
  Frozen 90%                                               
  Fresh  85%                12       316,065     $180.99     $187.67     $181.59
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 8       228,000     $125.00     $128.03     $126.76
  Frozen 65%                                               
  Fresh  50%                11       241,536     $115.29     $122.25     $118.13
  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
1130C

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