Wednesday Morning Boneless Beef Price Report

Cattle 6

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 unevenly steady; 85% was weak
to lower; 81% was 4.00 higher; 75% was generally steady; Other lean percentages
were not fully established.

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

Central                  33.08  Loads   —                     1,323,001  pounds
National                 33.78  Loads   —                     1,351,396  pounds
——————————————————————————–
FOB Plant – Central
# of        Total              Price           Weighted
Trades      Pounds             Range           Average
——————————————————————————–
Chemical Lean
Fresh  92-94%              9       176,400     $265.53     $272.03     $270.53
Frozen 92-94%
Fresh  90%                23       723,400     $257.90     $263.76     $259.61
Frozen 90%
Fresh  85%                 4       133,336     $227.00     $233.40     $231.26
Frozen 85%
Fresh  81%                 6       252,000     $212.00     $212.00     $212.00
Frozen 81%
Fresh  75%
Frozen 75%
Fresh  73%
Frozen 73%
Fresh  65%
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%              9       176,400     $265.53     $272.03     $270.53
Frozen 92-94%
Fresh  90%                23       723,400     $257.90     $263.76     $259.61
Frozen 90%
Fresh  85%                 4       133,336     $227.00     $233.40     $231.26
Frozen 85%
Fresh  81%                 6       252,000     $212.00     $212.00     $212.00
Frozen 81%
Fresh  75%                 3        66,260     $179.00     $188.50     $180.52
Frozen 75%
Fresh  73%
Frozen 73%
Fresh  65%
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.

Authors
Top