LM_XB401
Des Moines, IA                  Mon, Nov 11, 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 lower; 
85% trimmings were moderately to sharply lower; 65% was sharply higher; 
Other lean percentages were not fully established. Beef trimmings slightly 
lower on light demand and moderate offerings.

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

Central                  24.26 Loads   --                        970,212  pounds
National                 53.89 Loads   --                      2,155,582  pounds
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FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              7       207,967     $248.50     $249.00     $248.79
  Frozen 92-94%                                            
  Fresh  90%                 8       235,519     $223.00     $252.00     $236.35
  Frozen 90%                                               
  Fresh  85%                 9       314,082     $207.00     $221.00     $211.52
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                11       212,644     $132.00     $145.00     $140.91
  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%             10       324,382     $234.00     $249.00     $246.87
  Frozen 92-94%                                            
  Fresh  90%                18       443,600     $223.00     $252.00     $233.52
  Frozen 90%                                               
  Fresh  85%                26       760,948     $197.37     $229.85     $210.28
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                16       308,498     $129.00     $146.00     $140.17
  Frozen 65%                                               
  Fresh  50%                11       318,154      $90.00      $93.50      $92.69
  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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