National/Regional Daily Boneless Processing Beef/ Beef Trimmings - PM
LM_XB401
Des Moines, IA                  Wed, Jan 03, 2018               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: 85% trimmings were moderately to sharply lower;
73% was weak; 65% was unevenly steady; Other lean percentages were not fully 
established. Beef trimmings mostly sharply higher on good demand and heavy 
offerings.  

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

Central                  17.38  Loads   --                       695,352  pounds
National                 44.24  Loads   --                     1,769,749  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%                 5       134,967     $177.00     $187.00     $183.23
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                11       483,638     $153.79     $154.85     $154.38
  Frozen 73%                                               
  Fresh  65%                 7        76,747      $90.29      $98.00      $95.54
  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%                25       340,958     $177.00     $187.00     $181.16
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                11       483,638     $153.79     $154.85     $154.38
  Frozen 73%                                               
  Fresh  65%                 9        97,826      $88.43      $98.00      $94.03
  Frozen 65%                                               
  Fresh  50%                30       847,327      $56.71      $75.08      $68.52
  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
.