LM_XB401
Des Moines, IA                  Fri, Nov 15, 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, 85% and 81% trimmings were sharply
higher; 65% was moderately to sharply higher; Other lean percentages were not
fully established. Beef trimmings mostly sharply higher on moderate to good 
demand and light offerings.  

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

Central                  24.54 Loads   --                        981,738  pounds
National                 45.64 Loads   --                      1,825,500  pounds
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FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              4       134,412     $246.87     $264.00     $257.31
  Frozen 92-94%                                            
  Fresh  90%                12       291,444     $234.92     $256.00     $243.93
  Frozen 90%                                               
  Fresh  85%                 6       151,497     $211.00     $235.00     $220.62
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $191.00     $191.00     $191.00
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 7       152,385     $132.41     $145.00     $139.04
  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%              8       245,949     $236.00     $264.00     $249.65
  Frozen 92-94%                                            
  Fresh  90%                20       442,158     $234.00     $256.00     $242.26
  Frozen 90%                                               
  Fresh  85%                17       426,332     $207.00     $235.00     $217.76
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $191.00     $191.00     $191.00
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                11       198,412     $132.41     $145.00     $139.73
  Frozen 65%                                               
  Fresh  50%                 9       260,649      $95.00     $101.00      $97.44
  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

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