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Boneless Cow & Beef Trimmings - Negotiated Sales - Morning

Last Updated 6/21/2019 | View 1481 Archived Reports

LM_XB400
Des Moines, IA                  Fri, Jun 21, 2019               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 slightly higher;
85% trimmings were weak to lower; 81% was steady; Other lean percentages
were not fully established.


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

Central                  19.70 Loads   --                        788,054  pounds
National                 30.98 Loads   --                      1,239,086  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              
  Frozen 92-94%                                            
  Fresh  90%                 2       170,000     $223.80     $224.10     $223.95
  Frozen 90%                                               
  Fresh  85%                 9       314,081     $201.00     $202.60     $201.74
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $184.00     $184.00     $184.00
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                                               
  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%              4       129,367     $233.50     $235.00     $234.40
  Frozen 92-94%                                            
  Fresh  90%                 4       250,341     $223.80     $228.00     $224.85
  Frozen 90%                                               
  Fresh  85%                 9       314,081     $201.00     $202.60     $201.74
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $184.00     $184.00     $184.00
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                                               
  Frozen 65%                                               
  Fresh  50%                13       293,297      $87.00      $96.75      $93.40
  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 Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email: desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/market-news/livestock-poultry-grain
1130C

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