LM_XB401
Des Moines, IA                  Mon, Oct 16, 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 moderately to sharply higher;
85% and 65% trimmings were unevenly steady; 81% was weak; Other lean percentages
were not fully established. Beef trimmings moderately to sharply higher good 
demand and heavy offerings. 

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

Central                  52.15  Loads   --                     2,086,035  pounds
National                 82.86  Loads   --                     3,314,522  pounds
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FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             11       168,044     $223.65     $227.55     $226.28
  Frozen 92-94%                                            
  Fresh  90%                33       986,147     $212.47     $219.00     $215.43
  Frozen 90%                                               
  Fresh  85%                 6       116,744     $182.65     $184.00     $183.46
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $170.00     $170.00     $170.00
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                16       563,100      $90.58      $93.17      $91.27
  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%             11       168,044     $223.65     $227.55     $226.28
  Frozen 92-94%                                            
  Fresh  90%                40     1,206,231     $212.47     $219.00     $216.01
  Frozen 90%                                               
  Fresh  85%                11       225,785     $182.65     $184.00     $183.56
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $170.00     $170.00     $170.00
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                18       593,100      $90.58      $93.17      $91.29
  Frozen 65%                                               
  Fresh  50%                29       869,362      $48.00      $63.00      $52.22
  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
.