Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Mon, Dec 09, 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 weak to lower; 85% was mostly 
1.00 to 2.00 higher; 81% was 1.00 higher; 75% was unevenly steady; 65% was 
generally steady; Other lean percentages were not fully established. Beef 
trimmings lower on light demand and light to moderate offerings. 

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

Central                  46.99  Loads   --                     1,879,686  pounds
National                 62.47  Loads   --                     2,498,622  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             12       128,100     $202.19     $204.52     $203.83
  Frozen 92-94%                                            
  Fresh  90%                32     1,099,393     $191.00     $199.00     $194.62
  Frozen 90%                                               
  Fresh  85%                 6       170,084     $182.00     $188.00     $184.47
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $173.00     $173.00     $173.00
  Frozen 81%                                               
  Fresh  75%                 7       160,259     $161.00     $165.00     $162.91
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 3        69,850     $119.00     $127.68     $126.48
  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%             13       169,286     $202.19     $204.52     $203.97
  Frozen 92-94%                                            
  Fresh  90%                34     1,137,097     $191.00     $199.00     $194.55
  Frozen 90%                                               
  Fresh  85%                 9       230,984     $181.00     $188.00     $183.77
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $173.00     $173.00     $173.00
  Frozen 81%                                               
  Fresh  75%                 7       160,259     $161.00     $165.00     $162.91
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 5       121,850     $119.00     $128.00     $126.44
  Frozen 65%                                               
  Fresh  50%                14       427,146      $89.00     $101.00      $94.70
  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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