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Sunday, July 06, 2008


 

LM_XB400 Des Moines, IA Thu, Jul 03, 2008 USDA Market News NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS - Negotiated Sales - Afternoon This report is based on information provided by companies that agreed to continue to participate in Livestock Mandatory Reporting on a voluntary basis. FOB Plant basis negotiated sales for delivery within 0-21 day period, including sales since last report, U.S.dollars per 100 pounds. Comnpared to last market test: Lean boneless beef steady; 92-94% lean higher; other lean percentages not established. Demand and offerings light to moderate. CURRENT VOLUME - (one load equals 40,000 pounds) Central 18.49 Loads -- 739,551 pounds National 39.39 Loads -- 1,575,582 pounds -------------------------------------------------------------------------------- FOB Plant - Central # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- Chemical Lean Fresh 92-94% 8 168,000 $186.00 $188.00 $186.53 Frozen 92-94% Fresh 90% 18 482,798 $179.00 $180.11 $179.57 Frozen 90% Fresh 85% 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 - National # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- Chemical Lean Fresh 92-94% 8 168,000 $186.00 $188.00 $186.53 Frozen 92-94% Fresh 90% 18 482,798 $179.00 $180.11 $179.57 Frozen 90% Fresh 85% Frozen 85% Fresh 81% Frozen 81% Fresh 75% Frozen 75% Fresh 73% Frozen 73% Fresh 65% Frozen 65% Fresh 50% 28 836,031 $82.00 $88.00 $84.32 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.lgmn@usda.gov 24 Hour recorded market information 515-284-4830 http://www.ams.usda.gov/LSMarketNews 1530C .