LM_XB401
Des Moines, IA                  Mon, Oct 09, 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 and 85% trimmings were mostly 
weak to lower; 81% and 65% were unevenly steady; Other lean percentages were 
not fully established. Beef trimmings sharply higher on moderate to good 
demand and light offerings.  

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

Central                  48.61  Loads   --                     1,944,215  pounds
National                 65.11  Loads   --                     2,604,334  pounds
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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%                29       692,716     $215.00     $223.00     $219.33
  Frozen 90%                                               
  Fresh  85%                10       282,298     $183.00     $184.90     $184.09
  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%                                            
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FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             15       267,492     $227.24     $231.80     $230.50
  Frozen 92-94%                                            
  Fresh  90%                38       910,287     $215.00     $223.00     $219.88
  Frozen 90%                                               
  Fresh  85%                17       416,055     $183.00     $186.04     $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%                12       253,918      $46.25      $58.00      $50.06
  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
.