Markets

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Jan 05, 2015               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, 85%, 81% and 75% trimmings were 

unevenly steady; 65% was steady to firm; Other lean percentages were not fully

established. Beef trimmings higher on moderate to fairly good demand and 

moderate offerings.



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



Central                  61.26  Loads   --                     2,450,257  pounds

National                 82.96  Loads   --                     3,318,270  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%              8       197,400     $313.42     $315.68     $315.15

  Frozen 92-94%                                            

  Fresh  90%                29       882,341     $297.25     $302.00     $299.43

  Frozen 90%                                               

  Fresh  85%                20       624,663     $273.00     $283.50     $275.74

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $247.00     $247.00     $247.00

  Frozen 81%                                               

  Fresh  75%                 6       157,861     $226.00     $229.00     $226.78

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 9       335,992     $167.00     $170.42     $168.56

  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%              8       197,400     $313.42     $315.68     $315.15

  Frozen 92-94%                                            

  Fresh  90%                34       997,566     $297.25     $302.00     $299.39

  Frozen 90%                                               

  Fresh  85%                22       704,663     $273.00     $283.50     $275.66

  Frozen 85%                                               

  Fresh  81%                 6       252,000     $247.00     $247.00     $247.00

  Frozen 81%                                               

  Fresh  75%                10       269,722     $225.62     $229.00     $226.34

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                16       445,664     $167.00     $170.42     $168.49

  Frozen 65%                                               

  Fresh  50%                11       451,255     $106.25     $115.00     $112.74

  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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