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Boneless Cow & Beef Trimmings - Negotiated Sales - Morning

Last Updated 6/17/2013 | View 122 Archived Reports

LM_XB400
Des Moines, IA                  Mon, Jun 17, 2013               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 firm to higher; 85% was 
weak to lower; 81% was mostly steady; 75% was unevenly steady; 65% was 
generally steady; Other lean percentages were not fully established.


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

Central                  40.30  Loads   --                     1,611,972  pounds
National                 52.54  Loads   --                     2,101,644  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              9       126,000     $205.73     $207.46     $206.85
  Frozen 92-94%                                            
  Fresh  90%                25       837,898     $195.72     $198.44     $197.18
  Frozen 90%                                               
  Fresh  85%                 7       186,853     $183.00     $186.63     $186.55
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $173.00     $173.00     $173.00
  Frozen 81%                                               
  Fresh  75%                 3       105,000     $161.71     $165.54     $163.51
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 5       104,221     $124.00     $130.20     $127.29
  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%             14       201,462     $205.73     $209.00     $207.42
  Frozen 92-94%                                            
  Fresh  90%                27       863,898     $195.72     $199.43     $197.24
  Frozen 90%                                               
  Fresh  85%                15       373,953     $181.00     $187.59     $185.75
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $173.00     $173.00     $173.00
  Frozen 81%                                               
  Fresh  75%                 3       105,000     $161.71     $165.54     $163.51
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 7       132,221     $124.00     $130.20     $127.23
  Frozen 65%                                               
  Fresh  50%                 5       173,110      $89.28      $97.00      $92.30
  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.lgmn@usda.gov
          24 Hour recorded market information 515-284-4830
          http://www.ams.usda.gov/LSMarketNews
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