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Boneless Cow & Beef Trimmings - Negotiated Sales - Afternoon

Last Updated 2/21/2019 | View 1409 Archived Reports

LM_XB401
Des Moines, IA                  Thu, Feb 21, 2019               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 last market test: Lean boneless was steady; 85% trimmings were higher; 
65% trimmings were weak; Other lean percentages were not fully established. Beef 
trimmings sharply higher on good demand and light offerings. 


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

Central                  46.60 Loads   --                      1,864,056  pounds
National                 62.63 Loads   --                      2,505,068  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                         
  Frozen 92-94%                                         
  Fresh  90%                10       457,993     $210.00     $214.00     $210.83
  Frozen 90%                                            
  Fresh  85%                25       988,925     $181.00     $186.00     $183.20
  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%                15       559,938     $210.00     $214.50     $211.34
  Frozen 90%                                            
  Fresh  85%                34     1,220,982     $173.00     $188.00     $182.76
  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%                 8       210,603     $100.11     $112.17     $103.28
  Frozen 65%                                            
  Fresh  50%                 3       120,935      $72.00      $72.75      $72.26
  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
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