LM_XB401
Des Moines, IA                  Mon, Mar 23, 2020               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 moderately higher; 85% trimmings
were sharply lower; 65% was mostly sharply higher; Other lean percentages were 
not fully established. Beef trimmings mostly sharply higher on moderate to good 
demand and heavy offerings.

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

Central                  15.34 Loads   --                        613,747  pounds
National                 43.03 Loads   --                      1,721,156  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%                                               
  Frozen 90%                                               
  Fresh  85%                13       390,999     $189.00     $215.00     $201.22
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 7       222,748      $97.04     $115.00     $105.71
  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       179,691     $233.00     $243.50     $237.71
  Frozen 90%                                               
  Fresh  85%                21       533,697     $189.00     $215.00     $202.36
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                10       262,140      $97.04     $118.58     $107.58
  Frozen 65%                                               
  Fresh  50%                30       745,628      $44.00      $74.00      $57.75
  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

.