LM_XB400
Des Moines, IA                  Thu, Apr 04, 2019               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 firm to higher; 85% trimmings
were unevenly steady; 65% was slightly higher; Other lean percentages were
not fully established.


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

Central                  41.31 Loads   --                      1,652,234  pounds
National                 61.52 Loads   --                      2,460,624  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%                18       629,509     $217.00     $219.10     $217.35
  Frozen 90%                                               
  Fresh  85%                11       452,518     $195.00     $195.00     $195.00
  Frozen 85%                                               
  Fresh  81%                 8       268,384     $184.00     $192.26     $184.50
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 7       301,823     $155.04     $157.00     $156.69
  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%                24       730,450     $217.00     $222.00     $217.80
  Frozen 90%                                               
  Fresh  85%                20       769,939     $194.30     $198.00     $195.95
  Frozen 85%                                               
  Fresh  81%                10       284,133     $184.00     $192.26     $184.66
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 7       301,823     $155.04     $157.00     $156.69
  Frozen 73%                                               
  Fresh  65%                 9       215,500     $112.61     $115.00     $114.29
  Frozen 65%                                               
  Fresh  50%                 6       158,779      $80.90      $84.97      $83.68
  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
1130C

.