Markets

Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Mon, Dec 08, 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 was weak to lower; 85%, 81% and 

65% trimmings were unevenly steady; Other lean percentages were not fully 

established. Beef trimmings higher on moderate demand and light to 

moderate offerings.



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



Central                  76.49  Loads   --                     3,059,481  pounds

National                 98.51  Loads   --                     3,940,324  pounds

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

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

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

Chemical Lean

  Fresh  92-94%             11       283,610     $311.02     $314.00     $313.24

  Frozen 92-94%                                            

  Fresh  90%                53     1,412,956     $295.85     $301.52     $298.27

  Frozen 90%                                               

  Fresh  85%                18       540,257     $271.00     $282.00     $274.36

  Frozen 85%                                               

  Fresh  81%                10       330,680     $250.00     $266.00     $251.98

  Frozen 81%                                               

  Fresh  75%                 3        52,200     $232.02     $232.02     $232.02

  Frozen 75%                                               

  Fresh  73%                 4       161,966     $225.00     $225.00     $225.00

  Frozen 73%                                               

  Fresh  65%                10       277,812     $170.00     $174.00     $172.57

  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%             11       283,610     $311.02     $314.00     $313.24

  Frozen 92-94%                                            

  Fresh  90%                54     1,440,956     $295.85     $301.52     $298.24

  Frozen 90%                                               

  Fresh  85%                19       580,257     $271.00     $282.00     $274.33

  Frozen 85%                                               

  Fresh  81%                10       330,680     $250.00     $266.00     $251.98

  Frozen 81%                                               

  Fresh  75%                 6       159,073     $228.50     $232.02     $229.66

  Frozen 75%                                               

  Fresh  73%                 4       161,966     $225.00     $225.00     $225.00

  Frozen 73%                                               

  Fresh  65%                14       347,053     $170.00     $179.00     $172.93

  Frozen 65%                                               

  Fresh  50%                24       636,729     $110.00     $112.50     $111.35

  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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