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USDA-LM: National/Regional Weekly Boneless Processing Beef and Beef Trimmings

Des Moines, IA - Fri, Nov 10, 2017 - USDA Market News


NATIONAL/REGIONAL WEEKLY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales

FOB Plant basis negotiated sales for delivery within 0-21 day period, including
sales since last report, U.S.dollars per 100 pounds.

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

Central                   70.89  loads   --                    2,835,589  pounds
National                 154.26  loads   --                    6,170,592  pounds
East Coast                16.16  loads   --                      646,273  pounds
West Coast                13.43  loads   --                      537,194  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              7       102,930     $224.33     $225.08     $224.97
  Frozen 92-94%                                            
  Fresh  90%                29       914,922     $212.00     $216.59     $213.23
  Frozen 90%                                               
  Fresh  85%                18       572,220     $180.00     $184.40     $182.38
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $165.00     $165.00     $165.00
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                31       993,517      $91.75     $100.00      $94.25
  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%             10       214,530     $224.00     $225.08     $224.85
  Frozen 92-94%                                            
  Fresh  90%                43     1,321,235     $212.00     $220.00     $213.98
  Frozen 90%                                               
  Fresh  85%                32       948,580     $177.71     $187.41     $182.40
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $165.00     $165.00     $165.00
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                49     1,282,711      $88.00     $100.00      $94.08
  Frozen 65%                                               
  Fresh  50%                76     1,990,056      $64.33      $87.09      $70.05
  Frozen 50%                                               
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - East Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              3       111,600     $224.00     $225.00     $224.74
  Frozen 92-94%                                            
  Fresh  90%                11       294,313     $213.00     $216.50     $215.04
  Frozen 90%                                               
  Fresh  85%                 7       230,360     $177.71     $187.41     $182.14
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                                               
  Frozen 65%                                               
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - West Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                 3       112,000     $216.00     $220.00     $217.29
  Frozen 90%                                               
  Fresh  85%                 7       146,000     $182.00     $184.00     $182.88
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                17       279,194      $88.00      $97.00      $93.36
  Frozen 65%                                               
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
1530C
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