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USDA-LM: National/Regional Daily Boneless Processing Beef/Beef Trimmings - AM

Des Moines, IA - Fri, Feb 09, 2018 - 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: 85% and 75% trimmings were unevenly steady; Other
lean percentages were not fully established.



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

Central                   6.96  Loads   --                       278,398  pounds
National                 22.41  Loads   --                       896,326  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                                               
  Frozen 90%                                               
  Fresh  85%                 9       208,634     $171.00     $215.00     $195.43
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                10        69,764     $155.90     $165.00     $159.15
  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%                                               
  Frozen 90%                                               
  Fresh  85%                17       336,908     $171.00     $215.00     $191.69
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                17       156,554     $150.50     $165.00     $156.47
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                                               
  Frozen 65%                                               
  Fresh  50%                 9       402,864      $72.41      $77.49      $76.46
  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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