Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Thu, Nov 07, 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 firm to higher; 85% trimmings 
were unevenly steady; 65% was sharply higher; Other lean percentages were not 
fully established. Beef trimmings higher on light to moderate demand and light 
offerings.

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

Central                  25.72  Loads   --                     1,028,659  pounds
National                 35.07  Loads   --                     1,402,927  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              7       216,200     $203.08     $210.00     $204.57
  Frozen 92-94%                                            
  Fresh  90%                14       463,975     $191.00     $197.00     $192.64
  Frozen 90%                                               
  Fresh  85%                 6       168,869     $179.50     $184.29     $181.89
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3        95,615     $158.00     $169.00     $163.54
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 2        84,000     $127.67     $129.17     $128.42
  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%              7       216,200     $203.08     $210.00     $204.57
  Frozen 92-94%                                            
  Fresh  90%                17       528,749     $191.00     $198.00     $192.81
  Frozen 90%                                               
  Fresh  85%                10       196,927     $179.00     $184.29     $181.52
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3        95,615     $158.00     $169.00     $163.54
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                16       238,547     $124.78     $143.00     $127.31
  Frozen 65%                                               
  Fresh  50%                10       126,889     $114.50     $122.00     $117.61
  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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