Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Wed, Jun 18, 2014               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 and 85% trimmings were mostly 
moderately to sharply higher; Other lean percentages were not fully
established. Beef trimmings firm on moderate to fairly good demand and 
moderate to heavy offerings.

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

Central                  52.44  Loads   --                     2,097,602  pounds
National                 87.35  Loads   --                     3,494,170  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              3        87,800     $256.49     $262.00     $259.63
  Frozen 92-94%                                            
  Fresh  90%                32     1,009,344     $245.00     $260.00     $251.40
  Frozen 90%                                               
  Fresh  85%                27       933,843     $214.00     $235.00     $222.74
  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 - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              3        87,800     $256.49     $262.00     $259.63
  Frozen 92-94%                                            
  Fresh  90%                36     1,117,344     $245.00     $260.00     $251.93
  Frozen 90%                                               
  Fresh  85%                32     1,109,843     $214.00     $235.00     $221.83
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 2        82,565     $166.00     $175.00     $170.25
  Frozen 65%                                               
  Fresh  50%                27     1,073,568     $121.25     $130.00     $128.34
  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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