National/Regional Daily Boneless Processing Beef/ Beef Trimmings - PM
LM_XB401
Des Moines, IA                  Thu, Sep 20, 2018               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 unevenly steady; 85%, 81% and 
65% trimmings were weak to lower; Other lean percentages were not fully
established. Beef trimmings moderately to sharply lower on light demand and 
light to moderate offerings.  

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

Central                  28.89  Loads   --                     1,155,566  pounds
National                 51.84  Loads   --                     2,073,512  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%                 5       187,173     $200.00     $206.00     $202.24
  Frozen 90%                                               
  Fresh  85%                                               
  Frozen 85%                                               
  Fresh  81%                10       311,708     $158.00     $170.00     $160.02
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 4       152,980     $124.36     $139.13     $129.21
  Frozen 73%                                               
  Fresh  65%                13       463,705      $75.60      $91.11      $78.18
  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%                18       458,356     $190.00     $207.99     $201.77
  Frozen 90%                                               
  Fresh  85%                 6       128,147     $162.00     $167.00     $164.14
  Frozen 85%                                               
  Fresh  81%                12       319,482     $158.00     $170.00     $160.12
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 4       152,980     $124.36     $139.13     $129.21
  Frozen 73%                                               
  Fresh  65%                21       668,005      $75.60      $91.11      $81.27
  Frozen 65%                                               
  Fresh  50%                10       346,542      $45.14      $54.75      $48.79
  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
           515-284-44