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Boneless Cow & Beef Trimmings - Negotiated Sales - Morning

Last Updated 2/21/2019 | View 1401 Archived Reports

LM_XB400
Des Moines, IA                  Thu, Feb 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 generally steady; 85% trimmings
were mostly moderately higher; 65% was unevenly steady; Other lean percentages
were not fully established.


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

Central                  33.35 Loads   --                      1,333,841  pounds
National                 46.35 Loads   --                      1,853,913  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                 8       376,743     $210.00     $214.00     $211.01
  Frozen 90%                                               
  Fresh  85%                15       580,116     $182.00     $184.12     $182.13
  Frozen 85%                                               
  Fresh  81%                 7       262,240     $171.00     $177.26     $171.24
  Frozen 81%                                               
  Fresh  75%                 7       114,742     $132.00     $158.26     $139.55
  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%                                            
  Frozen 92-94%                                            
  Fresh  90%                13       478,688     $210.00     $214.50     $211.57
  Frozen 90%                                               
  Fresh  85%                23       812,168     $173.00     $188.00     $181.76
  Frozen 85%                                               
  Fresh  81%                 9       276,043     $171.00     $177.26     $171.44
  Frozen 81%                                               
  Fresh  75%                 8       116,567     $132.00     $158.26     $139.68
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 7       170,447     $100.11     $112.17     $103.11
  Frozen 65%                                               
  Fresh  50%                                               
  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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