LM_XB401
Des Moines, IA                  Fri, Nov 30, 2018               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 weak to lower; 85% and 81% 
trimmings were firm to higher; 65% was generally steady; Other lean percentages
were not fully established. Beef trimmings mostly weak to lower on light demand 
and offerings.  

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

Central                  33.55 Loads   --                      1,342,138  pounds
National                 45.10 Loads   --                      1,803,866  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                12       393,935     $192.00     $194.11     $192.43
  Frozen 90%                                               
  Fresh  85%                16       541,063     $158.00     $162.93     $158.99
  Frozen 85%                                               
  Fresh  81%                 7       262,240     $153.00     $153.26     $153.01
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 5       144,900      $84.00      $88.00      $85.70
  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%                                            
  Frozen 92-94%                                            
  Fresh  90%                13       434,072     $192.00     $194.11     $192.48
  Frozen 90%                                               
  Fresh  85%                19       604,736     $158.00     $171.00     $159.54
  Frozen 85%                                               
  Fresh  81%                10       282,270     $153.00     $161.00     $153.57
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 9       187,634      $82.00      $89.00      $85.32
  Frozen 65%                                               
  Fresh  50%                15       295,154      $59.20      $73.16      $66.06
  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.
--------------------------------------------------------------------------------
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

.