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[QT] Boneless Cow & Beef Trimmings - Negotiated Sales - Morning

Date: 2008-09-17 11:04:38

Categories: MEAT



NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales - Morning

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 weak; 75% lean steady; 65% lean steady to firm; other lean percentages
not established. Demand and offerings ligh to moderate. 


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

Central                  11.97  Loads   --                       478,620  pounds
National                 18.12  Loads   --                       724,844  pounds
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FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                                 
  Frozen 92-94%                                                 
  Fresh  90%                 6       182,120     $171.00     $174.00     $171.79
  Frozen 90%                                                    
  Fresh  85%                 5       134,000     $157.24     $161.00     $160.20
  Frozen 85%                                                    
  Fresh  81%                                                    
  Frozen 81%                                                    
  Fresh  75%                 3        46,000     $135.00     $136.40     $135.83
  Frozen 75%                                                    
  Fresh  73%                                                    
  Frozen 73%                                                    
  Fresh  65%                 4       116,500     $116.00     $118.00     $117.19
  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%                 7       218,120     $171.00     $176.00     $172.49
  Frozen 90%                 2        84,000     $175.00     $175.00     $175.00
  Fresh  85%                 6       170,755     $157.24     $161.00     $160.37
  Frozen 85%                                                    
  Fresh  81%                                                    
  Frozen 81%                                                    
  Fresh  75%                 4        53,742     $134.00     $136.40     $135.56
  Frozen 75%                                                    
  Fresh  73%                 
  Frozen 73%                                                    
  Fresh  65%                 4       116,500     $116.00     $118.00     $117.19
  Frozen 65%                                                    
  Fresh  50%                 
  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.
--------------------------------------------------------------------------------
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
1130C






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