National/Regional Weekly Boneless Processing Beef and Beef Trimmings
LM_XB460  ***Correction on weekly 90% and 85% and weekly loads***
Des Moines, IA                Fri, Feb 16, 2018                 USDA Market News

NATIONAL/REGIONAL WEEKLY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales

FOB Plant basis negotiated sales for delivery within 0-21 day period, including
sales since last report, U.S.dollars per 100 pounds.

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

Central                 *118.56  loads   --                    4,742,288  pounds*
National                *191.34  loads   --                    7,653,687  pounds*
East Coast                15.40  loads   --                      615,967  pounds
West Coast                17.61  loads   --                      704,467  pounds
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FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%               *46     1,730,039     $214.00     $220.00     $214.35*
  Frozen 90%                 2       105,000     $215.33     $220.00     $219.07
  Fresh  85%               *55     1,827,740     $179.00     $215.00     $185.84*
  Frozen 85%                 9       172,620     $174.66     $179.50     $178.02
  Fresh  81%                 9       315,464     $172.00     $181.26     $173.10
  Frozen 81%                                               
  Fresh  75%               
  Frozen 75%                                               
  Fresh  73%                 3       135,868     $139.41     $150.47     $143.79
  Frozen 73%                                               
  Fresh  65%                20       400,425     $123.84     $143.00     $137.17
  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%                                            
  Frozen 92-94%                                            
  Fresh  90%               *67     2,221,720     $213.62     $220.50     $215.01*
  Frozen 90%                 2       105,000     $215.33     $220.00     $219.07
  Fresh  85%               *79     2,246,982     $179.00     $215.00     $186.23*
  Frozen 85%                 9       172,620     $174.66     $179.50     $178.02
  Fresh  81%                 9       315,464     $172.00     $181.26     $173.10
  Frozen 81%                                               
  Fresh  75%                19       140,397     $150.50     $174.00     $160.02
  Frozen 75%                                               
  Fresh  73%                 3       135,868     $139.41     $150.47     $143.79
  Frozen 73%                                               
  Fresh  65%                37       724,671     $118.00     $143.00     $132.80
  Frozen 65%                                               
  Fresh  50%                68     1,449,185      $69.68      $94.98      $81.42
  Frozen 50%                 
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
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FOB Plant - East Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                12       367,681     $213.62     $220.50     $217.31
  Frozen 90%                                               
  Fresh  85%                 5       105,112     $182.32     $198.00     $186.85
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 4       122,850     $118.00     $127.84     $122.45
  Frozen 65%                                               
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
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FOB Plant - West Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                 9       124,000     $216.00     $218.00     $217.45
  Frozen 90%                                               
  Fresh  85%                19       314,130     $182.00     $215.00     $188.33
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                13       201,396     $119.00     $143.00     $130.41
  Frozen 65%                                               
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
.