National/Regional Daily Boneless Processing Beef/Beef Trimmings - AM
LM_XB400
Des Moines, IA                  Fri, Oct 12, 2018               USDA Market News

NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales - Morning

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: 85% trimmings were sharply lower; 73% and 65%
were firm to higher; Other lean percentages were not fully established.



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

Central                   9.76 Loads   --                        390,243  pounds
National                 28.73 Loads   --                      1,149,328  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%               
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                
  Frozen 75%                                               
  Fresh  73%                 6       261,946     $117.93     $124.22     $122.33
  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%                                               
  Frozen 90%                                               
  Fresh  85%                 7       104,626     $144.00     $155.72     $147.46
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                10        90,195     $132.99     $147.00     $138.45
  Frozen 75%                                               
  Fresh  73%                 6       261,946     $117.93     $124.22     $122.33
  Frozen 73%                                               
  Fresh  65%                 4       109,500      $66.00      $76.00      $71.44
  Frozen 65%                                               
  Fresh  50%                19       583,061      $42.84      $51.12      $47.82
  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-gra