LM_XB400
Des Moines, IA                  Mon, Oct 09, 2017               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: Lean boneless was generally steady; 85%, 81% and 
65% trimmings were unevenly steady; Other lean percentages were not fully
established.


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

Central                  44.27  Loads   --                     1,770,929  pounds
National                 48.88  Loads   --                     1,955,261  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             14       228,951     $227.24     $231.80     $230.59
  Frozen 92-94%                                            
  Fresh  90%                23       558,122     $219.00     $223.00     $219.74
  Frozen 90%                                               
  Fresh  85%                 9       243,606     $183.82     $184.90     $184.26
  Frozen 85%                                               
  Fresh  81%                 7       262,240     $170.00     $187.26     $170.67
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                15       478,010      $90.17      $92.88      $91.21
  Frozen 65%                                               
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             14       228,951     $227.24     $231.80     $230.59
  Frozen 92-94%                                            
  Fresh  90%                27       674,122     $219.00     $223.00     $220.16
  Frozen 90%                                               
  Fresh  85%                12       295,606     $183.82     $186.00     $184.56
  Frozen 85%                                               
  Fresh  81%                 7       262,240     $170.00     $187.26     $170.67
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                16       494,342      $88.80      $92.88      $91.13
  Frozen 65%                                               
  Fresh  50%                                               
  Frozen 50%
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
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.
--------------------------------------------------------------------------------
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
1130C
.