National/Regional Daily Boneless Processing Beef/ Beef Trimmings - PM
LM_XB401
Des Moines, IA                  Wed, Aug 14, 2019               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 was generally steady; 85% trimmings
were sharply higher; 65% was unevenly steady; Other lean percentages were not 
fully established. Beef trimmings sharply higher on good demand and heavy 
offerings.

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

Central                  32.96 Loads   --                      1,318,535  pounds
National                 76.13 Loads   --                      3,045,120  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%                                            
  Frozen 92-94%                                            
  Fresh  90%                20       763,039     $221.00     $224.00     $223.80
  Frozen 90%                                               
  Fresh  85%                13       453,154     $194.00     $210.00     $198.82
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 5       102,342     $121.00     $138.00     $132.72
  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
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                27       888,512     $221.00     $225.02     $223.75
  Frozen 90%                                               
  Fresh  85%                23       605,868     $194.00     $210.00     $198.79
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 9       187,162     $109.00     $138.00     $128.69
  Frozen 65%                                               
  Fresh  50%                37     1,363,578      $87.18     $111.11      $93.35
  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 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

.