Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401

Des Moines, IA                  Fri, Jan 02, 2015               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 3.00 to 4.00 lower; 85% lean 

2.00 lower; 65% lean 1.00 lower; All other lean percentages not fully established.

Beef trimmings not fully established.





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



Central                  24.94  Loads   --                       997,491  pounds

National                 31.64  Loads   --                     1,265,648  pounds

--------------------------------------------------------------------------------

FOB Plant - Central

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

--------------------------------------------------------------------------------

Chemical Lean

  Fresh  92-94%              2        48,300     $313.04     $313.04     $313.04

  Frozen 92-94%                                            

  Fresh  90%                 8       230,229     $293.00     $304.00     $296.56

  Frozen 90%                                               

  Fresh  85%                14       517,062     $273.00     $280.00     $274.16

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 4       119,400     $164.82     $170.62     $168.27

  Frozen 65%                 6        82,500     $163.50     $163.50     $163.50

Bull Product

  Fresh  94-96%                                            

  Frozen 94-96%                                            

--------------------------------------------------------------------------------

FOB Plant - National

                         # of        Total              Price           Weighted

                         Trades      Pounds             Range           Average

--------------------------------------------------------------------------------

Chemical Lean

  Fresh  92-94%              2        48,300     $313.04     $313.04     $313.04

  Frozen 92-94%                                            

  Fresh  90%                11       356,229     $293.00     $304.00     $299.19

  Frozen 90%                                               

  Fresh  85%                14       517,062     $273.00     $280.00     $274.16

  Frozen 85%                                               

  Fresh  81%                                               

  Frozen 81%                                               

  Fresh  75%                                               

  Frozen 75%                                               

  Fresh  73%                                               

  Frozen 73%                                               

  Fresh  65%                 5       138,245     $164.82     $170.62     $168.06

  Frozen 65%                 6        82,500     $163.50     $163.50     $163.50

  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 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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