Monday Morning Boneless Beef Price Report

Cattle 2

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 mostly weak to lower; 85% was
mostly sharply lower; 75% was firm to higher; 65% was sharply lower; Other lean
percentages were not fully established. Beef trimmings firm on light to moderate
demand and offerings.

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

Central                  37.31  Loads   –                     1,492,524  pounds
National                 57.19  Loads   –                     2,287,540  pounds
——————————————————————————–
FOB Plant – Central
# of        Total              Price           Weighted
Trades      Pounds             Range           Average
——————————————————————————–
Chemical Lean
Fresh  92-94%              3       114,000     $264.00     $278.36     $274.58
Frozen 92-94%
Fresh  90%                21       662,121     $248.00     $265.78     $256.71
Frozen 90%
Fresh  85%                18       581,760     $176.00     $238.00     $212.15
Frozen 85%
Fresh  81%
Frozen 81%
Fresh  75%
Frozen 75%
Fresh  73%
Frozen 73%
Fresh  65%                 3       121,588     $157.15     $163.00     $159.48
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%              3       114,000     $264.00     $278.36     $274.58
Frozen 92-94%
Fresh  90%                28       918,559     $213.00     $265.78     $253.58
Frozen 90%
Fresh  85%                25       769,860     $176.00     $247.00     $216.86
Frozen 85%
Fresh  81%
Frozen 81%
Fresh  75%                 4        34,991     $184.00     $198.00     $189.64
Frozen 75%
Fresh  73%
Frozen 73%
Fresh  65%                 4       135,588     $157.15     $164.00     $159.94
Frozen 65%
Fresh  50%                16       314,542     $110.00     $127.00     $118.09
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.

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