LM_XB401
Des Moines, IA                  Mon, Oct 02, 2017               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 higher; 85% were sharply higher; 
65% were steady; Other lean percentages were not fully established. Beef 
trimmings sharply higher on moderate to good demand and moderate offerings.


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

Central                  43.79  Loads   --                     1,751,643  pounds
National                 66.75  Loads   --                     2,670,008  pounds
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FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              9       130,237     $228.57     $232.22     $230.54
  Frozen 92-94%                                         
  Fresh  90%                31       784,159     $219.00     $226.00     $220.81
  Frozen 90%                                            
  Fresh  85%                 6        98,638     $181.92     $187.62     $183.46
  Frozen 85%                                            
  Fresh  81%                 6       252,000     $172.00     $172.00     $172.00
  Frozen 81%                                            
  Fresh  75%                                            
  Frozen 75%                                            
  Fresh  73%                                            
  Frozen 73%                                            
  Fresh  65%                15       486,609      $91.48      $95.83      $93.28
  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       171,747     $228.57     $232.22     $230.80
  Frozen 92-94%                                         
  Fresh  90%                37       946,442     $219.00     $235.00     $221.55
  Frozen 90%                                            
  Fresh  85%                13       299,289     $181.92     $189.49     $186.91
  Frozen 85%                                            
  Fresh  81%                 6       252,000     $172.00     $172.00     $172.00
  Frozen 81%                                            
  Fresh  75%                                            
  Frozen 75%                                            
  Fresh  73%                                            
  Frozen 73%                                            
  Fresh  65%                17       523,486      $90.85      $95.83      $93.19
  Frozen 65%                                            
  Fresh  50%                20       477,044      $43.00      $46.75      $45.50
  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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