Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Mon, Nov 18, 2013               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 and 85% trimmings were unevenly 
steady; 81% was 1.00 lower; 75% was unevenly steady; 65% was moderately higher 
on a light market test; Other lean percentages were not fully established. Beef 
trimmings not fully established.

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

Central                  52.61  Loads   --                     2,104,272  pounds
National                 59.32  Loads   --                     2,372,873  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             14       212,100     $200.50     $203.08     $202.18
  Frozen 92-94%                                            
  Fresh  90%                38     1,160,858     $185.00     $194.00     $192.13
  Frozen 90%                                               
  Fresh  85%                 8       162,867     $178.00     $189.00     $180.01
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $173.00     $173.00     $173.00
  Frozen 81%                                               
  Fresh  75%                 6       113,975     $164.91     $167.00     $165.51
  Frozen 75%                                               
  Fresh  73%                 3       126,000     $158.26     $158.26     $158.26
  Frozen 73%                                               
  Fresh  65%                 4        76,472     $124.00     $130.84     $127.41
  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%             15       253,560     $199.41     $203.08     $201.73
  Frozen 92-94%                                            
  Fresh  90%                42     1,328,828     $185.00     $194.00     $192.05
  Frozen 90%                                               
  Fresh  85%                 9       187,899     $178.00     $189.00     $179.99
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $173.00     $173.00     $173.00
  Frozen 81%                                               
  Fresh  75%                 7       117,795     $164.91     $167.00     $165.49
  Frozen 75%                                               
  Fresh  73%                 3       126,000     $158.26     $158.26     $158.26
  Frozen 73%                                               
  Fresh  65%                 6       106,791     $124.00     $130.84     $127.04
  Frozen 65%                                               
  Fresh  50%                                               
  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.lpgmn@usda.gov
          24 Hour recorded market information 515-284-4830
          http://www.ams.usda.gov/LSMarketNews
1530C

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