Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Mon, Mar 03, 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 the last market test: Lean boneless generally steady; 85% lean 2.00
to 3.00 higher; 65% lean 1.00 to 3.00 lower; All other lean percentages not fully
established. Beef trimmings lower on very light to light demand and light offerings.

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

Central                  48.62  Loads   --                     1,944,877  pounds
National                 63.27  Loads   --                     2,530,698  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             10       189,000     $256.64     $262.06     $260.08
  Frozen 92-94%                                            
  Fresh  90%                37     1,078,654     $242.00     $252.00     $248.55
  Frozen 90%                                               
  Fresh  85%                10       311,887     $215.00     $235.00     $220.29
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $203.00     $203.00     $203.00
  Frozen 81%                                               
  Fresh  75%                 3        79,888     $177.44     $181.00     $178.31
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 3        33,448     $123.00     $133.34     $129.80
  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%             10       189,000     $256.64     $262.06     $260.08
  Frozen 92-94%                                            
  Fresh  90%                40     1,185,379     $242.00     $252.00     $248.71
  Frozen 90%                                               
  Fresh  85%                15       443,156     $215.00     $235.00     $220.42
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $203.00     $203.00     $203.00
  Frozen 81%                                               
  Fresh  75%                 7       191,358     $177.44     $184.45     $178.05
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 9       135,728     $123.00     $137.77     $132.47
  Frozen 65%                                               
  Fresh  50%                11       134,077     $117.00     $129.50     $122.04
  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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