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 Friday, July 25, 2008
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LM_XB401
Des Moines, IA Thu, Jul 24, 2008 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 beef unevenly steady; 85% lean
steady to 3.00 lower; 75% lean unevenly steady; 73% lean steady to mostly
1.00 lower; 65% lean unevenly steady; other lean percentages not tested.
Beef trimmings generally steady on moderate demand and offerings.
CURRENT VOLUME - (one load equals 40,000 pounds)
Central 37.78 Loads -- 1,511,284 pounds
National 81.55 Loads -- 3,262,057 pounds
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FOB Plant - Central
# of Total Price Weighted
Trades Pounds Range Average
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Chemical Lean
Fresh 92-94% 1 37,800 $188.00 $188.00 $188.00
Frozen 92-94%
Fresh 90% 23 915,800 $179.00 $183.00 $179.87
Frozen 90%
Fresh 85% 5 208,420 $167.00 $170.00 $168.65
Frozen 85%
Fresh 81%
Frozen 81%
Fresh 75% 3 32,600 $133.60 $136.40 $135.22
Frozen 75%
Fresh 73% 5 180,237 $124.70 $126.00 $124.85
Frozen 73%
Fresh 65% 5 136,427 $116.80 $120.00 $119.06
Frozen 65%
Bull Product
Fresh 94-96%
Frozen 94-96%
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FOB Plant - National
# of Total Price Weighted
Trades Pounds Range Average
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Chemical Lean
Fresh 92-94% 18 379,800 $188.00 $194.75 $192.66
Frozen 92-94%
Fresh 90% 37 1,249,800 $179.00 $185.75 $181.17
Frozen 90% 3 84,000 $184.00 $190.00 $187.00
Fresh 85% 6 216,472 $167.00 $170.60 $168.73
Frozen 85%
Fresh 81%
Frozen 81%
Fresh 75% 3 32,600 $133.60 $136.40 $135.22
Frozen 75%
Fresh 73% 5 180,237 $124.70 $126.00 $124.85
Frozen 73%
Fresh 65% 8 226,164 $113.50 $120.00 $117.18
Frozen 65%
Fresh 50% 24 892,984 $93.00 $100.00 $96.84
Frozen 50%
Bull Product
Fresh 94-96%
Frozen 94-96%
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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.
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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
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