LM_XB400
Des Moines, IA Thu, May 10, 2012 USDA Market News
NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales - Morning
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 mostly 1.00 to 3.00 higher;
85% was weak to lower; 65% was sharply lower; Other lean percentages were
not fully established.
CURRENT VOLUME - (one load equals 40,000 pounds)
Central 22.21 Loads -- 888,342 pounds
National 59.88 Loads -- 2,395,315 pounds
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FOB Plant - Central
# of Total Price Weighted
Trades Pounds Range Average
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Chemical Lean
Fresh 92-94%
Frozen 92-94%
Fresh 90% 10 370,180 $226.06 $229.00 $227.74
Frozen 90% 1 42,000 $230.00 $230.00 $230.00
Fresh 85% 5 127,885 $211.69 $215.69 $213.04
Frozen 85%
Fresh 81%
Frozen 81%
Fresh 75%
Frozen 75%
Fresh 73%
Frozen 73%
Fresh 65% 9 305,277 $100.50 $121.00 $104.28
Frozen 65%
Bull Product
Fresh 94-96%
Frozen 94-96%
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FOB Plant - National
# of Total Price Weighted
Trades Pounds Range Average
--------------------------------------------------------------------------------
Chemical Lean
Fresh 92-94% 12 243,000 $239.00 $250.00 $247.76
Frozen 92-94%
Fresh 90% 16 480,180 $226.06 $234.50 $229.26
Frozen 90% 1 42,000 $230.00 $230.00 $230.00
Fresh 85% 8 221,885 $211.69 $215.86 $214.19
Frozen 85%
Fresh 81%
Frozen 81%
Fresh 75%
Frozen 75%
Fresh 73%
Frozen 73%
Fresh 65% 9 305,277 $100.50 $121.00 $104.28
Frozen 65%
Fresh 50% 28 1,037,773 $58.00 $75.00 $61.16
Frozen 50%
Bull Product
Fresh 94-96%
Frozen 94-96%
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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.
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Source: USDA Market News Service, Des Moines, IA
515-284-4460 email: desm.lgmn@usda.gov
24 Hour recorded market information 515-284-4830
http://www.ams.usda.gov/LSMarketNews
1130C
.
Boneless Cow Beef & Beef Trimmings - Morning
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