LM_XB401
Des Moines, IA                  Thu, Oct 17, 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 mostly sharply higher; 
85% trimmings were generally steady; 65% was sharply higher; Other lean 
percentages were not fully established. Beef trimmings slightly to 
moderately higher on moderate to good demand and light offerings. 

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

Central                  18.88 Loads   --                        755,304  pounds
National                 53.61 Loads   --                      2,144,591  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%                 8       302,786     $216.00     $229.00     $221.34
  Frozen 90%                                               
  Fresh  85%                11       452,518     $190.00     $194.00     $191.09
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                                               
  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%                15       443,054     $216.00     $229.00     $221.07
  Frozen 90%                                               
  Fresh  85%                35     1,241,232     $189.50     $199.54     $191.17
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                11       178,090     $100.81     $110.50     $107.27
  Frozen 65%                                               
  Fresh  50%                11       282,215      $49.85      $60.00      $53.02
  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

.