Adjustment
Factor Applicable to a Claim
The price adjustment is determined by the date when the claim
is initially filed with the importer. E.g. If a claim is filed with the
importer by his customer in June, then the claim will be based on the
adjustment factor that will be published on the MICA website as “May Prices for
June Claims”.
|
Adjustment
per 1% point of lean - USc/lb |
6.38 |
|
September Prices for
October Claims |
|
||||||
|
|
|
|||||||||
|
Weighted Average Prices USDA closing quotes,
National |
|
|||||||||
|
|
50CL Fr. |
90CL Fr. |
Fresh 95s |
|
||||||
|
2-Sep |
Holiday |
Holiday |
Holiday |
Item |
% Lean |
Price |
Formula |
|
||
|
3-Sep |
125.01 |
253.47 |
263.47 |
|
||||||
|
4-Sep |
135.27 |
376.62 |
386.62 |
Imp
90s |
90 |
200.00 |
35.00% |
31.50 |
70.00 |
|
|
5-Sep |
134.55 |
376.62 |
386.62 |
Imp
89s |
89 |
|
0.00 |
0.00 |
||
|
6-Sep |
136.98 |
373.10 |
383.10 |
LFTB |
92 |
341.05 |
15.00% |
13.80 |
51.16 |
|
|
9-Sep |
126.01 |
376.88 |
386.88 |
Dom
90s |
90 |
361.05 |
19.25% |
17.33 |
69.50 |
|
|
10-Sep |
114.97 |
379.22 |
389.22 |
Dom
50s |
50 |
105.99 |
30.75% |
15.38 |
32.59 |
|
|
11-Sep |
124.17 |
370.67 |
380.67 |
100.00% |
78.00 |
|
||||
|
12-Sep |
119.04 |
365.64 |
375.64 |
78.00 |
223.25 |
|||||
|
13-Sep |
125.70 |
371.67 |
381.67 |
|
||||||
|
16-Sep |
119.36 |
368.24 |
378.24 |
Item |
% Lean |
Price |
Formula |
|
||
|
17-Sep |
94.34 |
370.86 |
380.86 |
|
||||||
|
18-Sep |
88.90 |
364.62 |
374.62 |
Imp
90s |
90 |
|
0.00 |
0.00 |
||
|
19-Sep |
97.54 |
362.85 |
372.85 |
Imp
89s |
89 |
193.62 |
35.00% |
31.15 |
67.77 |
|
|
20-Sep |
95.03 |
360.54 |
370.54 |
LFTB |
92 |
341.05 |
15.00% |
13.80 |
51.16 |
|
|
23-Sep |
84.80 |
367.88 |
377.88 |
Dom
90s |
90 |
361.05 |
20.13% |
18.11 |
72.66 |
|
|
24-Sep |
87.50 |
367.88 |
377.88 |
Dom
50s |
50 |
105.99 |
29.88% |
14.94 |
31.66 |
|
|
25-Sep |
83.68 |
356.17 |
366.17 |
100.00% |
78.00 |
|
||||
|
26-Sep |
76.06 |
353.53 |
363.53 |
78.00 |
223.25 |
|||||
|
27-Sep |
76.06 |
353.53 |
363.53 |
|
||||||
|
30-Sep |
74.76 |
351.02 |
361.02 |
|
||||||
|
|
|
|
|
|
||||||
|
|
|
|
|
|
||||||
|
Average |
105.99 |
361.05 |
371.05 |
|
|
|
|
|
|
|
|
Adjustment
per 1% point of lean - USc/lb |
4.95 |
|
August Prices for
September Claims |
|
||||||
|
|
|
|||||||||
|
Weighted Average Prices USDA closing quotes,
National |
|
|||||||||
|
|
50CL Fr. |
90CL Fr. |
Fresh 95s |
|
||||||
|
1-Aug |
158.26 |
253.47 |
263.47 |
Item |
% Lean |
Price |
Formula |
|
||
|
2-Aug |
168.01 |
253.47 |
263.47 |
|
||||||
|
5-Aug |
168.07 |
253.47 |
263.47 |
Imp
90s |
90 |
200.00 |
35.00% |
31.50 |
70.00 |
|
|
6-Aug |
167.58 |
376.88 |
386.88 |
Imp
89s |
89 |
|
0.00 |
0.00 |
||
|
7-Aug |
172.47 |
369.47 |
379.47 |
LFTB |
92 |
338.68 |
15.00% |
13.80 |
50.80 |
|
|
8-Aug |
164.92 |
374.93 |
384.93 |
Dom
90s |
90 |
358.68 |
19.25% |
17.33 |
69.04 |
|
|
9-Aug |
170.03 |
373.50 |
383.50 |
Dom
50s |
50 |
160.72 |
30.75% |
15.38 |
49.42 |
|
|
12-Aug |
170.03 |
373.54 |
383.54 |
100.00% |
78.00 |
|
||||
|
13-Aug |
166.31 |
377.15 |
387.15 |
78.00 |
239.27 |
|||||
|
14-Aug |
166.31 |
377.15 |
387.15 |
|
||||||
|
15-Aug |
176.10 |
374.52 |
384.52 |
Item |
% Lean |
Price |
Formula |
|
||
|
16-Aug |
174.38 |
375.49 |
385.49 |
|
||||||
|
19-Aug |
181.61 |
374.37 |
384.37 |
Imp
90s |
90 |
|
0.00 |
0.00 |
||
|
20-Aug |
160.59 |
378.19 |
388.19 |
Imp
89s |
89 |
195.05 |
35.00% |
31.15 |
68.27 |
|
|
21-Aug |
160.11 |
376.63 |
386.63 |
LFTB |
92 |
338.68 |
15.00% |
13.80 |
50.80 |
|
|
22-Aug |
169.17 |
372.44 |
382.44 |
Dom
90s |
90 |
358.68 |
20.13% |
18.11 |
72.18 |
|
|
23-Aug |
145.66 |
375.88 |
385.88 |
Dom
50s |
50 |
160.72 |
29.88% |
14.94 |
48.01 |
|
|
26-Aug |
147.60 |
375.62 |
385.62 |
100.00% |
78.00 |
|
||||
|
27-Aug |
155.61 |
375.62 |
385.62 |
78.00 |
239.27 |
|||||
|
28-Aug |
123.28 |
376.70 |
386.70 |
|
||||||
|
29-Aug |
144.66 |
376.70 |
386.70 |
|
||||||
|
30-Aug |
125.01 |
375.66 |
385.66 |
|
||||||
|
|
|
|
|
|
||||||
|
Average |
160.72 |
358.68 |
368.68 |
|
|
|
|
|
|
|
|
Adjustment
per 1% point of lean - USc/lb |
5.97 |
|
July Prices for
August Claims |
|
||||||
|
|
|
|||||||||
|
Weighted Average Prices USDA closing quotes,
National |
|
|||||||||
|
|
50CL Fr. |
90CL Fr. |
Fresh 95s |
|
||||||
|
1-Jul |
102.78 |
253.47 |
263.47 |
Item |
% Lean |
Price |
Formula |
|
||
|
2-Jul |
104.59 |
253.47 |
263.47 |
|
||||||
|
3-Jul |
100.43 |
375.67 |
385.67 |
Imp
90s |
90 |
200.00 |
35.00% |
31.50 |
70.00 |
|
|
4-Jul |
Holiday |
Holiday |
Holiday |
Imp
89s |
89 |
|
0.00 |
0.00 |
||
|
5-Jul |
92.73 |
371.51 |
381.51 |
LFTB |
92 |
344.97 |
15.00% |
13.80 |
51.74 |
|
|
8-Jul |
92.73 |
370.89 |
380.89 |
Dom
90s |
90 |
364.97 |
19.25% |
17.33 |
70.26 |
|
|
9-Jul |
111.66 |
370.89 |
380.89 |
Dom
50s |
50 |
126.35 |
30.75% |
15.38 |
38.85 |
|
|
10-Jul |
115.67 |
379.75 |
389.75 |
100.00% |
78.00 |
|
||||
|
11-Jul |
115.64 |
375.88 |
385.88 |
78.00 |
230.85 |
|||||
|
12-Jul |
120.83 |
373.19 |
383.19 |
|
||||||
|
15-Jul |
117.51 |
377.68 |
387.68 |
Item |
% Lean |
Price |
Formula |
|
||
|
16-Jul |
124.16 |
375.36 |
385.36 |
|
||||||
|
17-Jul |
131.58 |
375.36 |
385.36 |
Imp
90s |
90 |
|
0.00 |
0.00 |
||
|
18-Jul |
130.22 |
375.44 |
385.44 |
Imp
89s |
89 |
194.03 |
35.00% |
31.15 |
67.91 |
|
|
19-Jul |
130.22 |
375.44 |
385.44 |
LFTB |
92 |
344.97 |
15.00% |
13.80 |
51.74 |
|
|
22-Jul |
135.81 |
375.26 |
385.26 |
Dom
90s |
90 |
364.97 |
20.13% |
18.11 |
73.45 |
|
|
23-Jul |
140.92 |
375.26 |
385.26 |
Dom
50s |
50 |
126.35 |
29.88% |
14.94 |
37.75 |
|
|
24-Jul |
146.45 |
380.94 |
390.94 |
100.00% |
78.00 |
|
||||
|
25-Jul |
144.41 |
380.94 |
390.94 |
78.00 |
230.85 |
|||||
|
26-Jul |
149.38 |
373.13 |
383.13 |
|
||||||
|
29-Jul |
155.22 |
380.06 |
390.06 |
|
||||||
|
30-Jul |
156.25 |
378.14 |
388.14 |
|
||||||
|
31-Jul |
160.49 |
381.53 |
391.53 |
|
||||||
|
Average |
126.35 |
364.97 |
374.97 |
|
|
|
|
|
|
|
|
Adjustment
per 1% point of lean - USc/lb |
6.65 |
|
June Prices for July
Claims |
|
||||||
|
|
|
|||||||||
|
Weighted Average Prices USDA closing quotes,
National |
|
|||||||||
|
|
50CL Fr. |
90CL Fr. |
Fresh 95s |
|
||||||
|
3-Jun |
77.21 |
253.47 |
263.47 |
Item |
% Lean |
Price |
Formula |
|
||
|
4-Jun |
75.19 |
253.47 |
263.47 |
|
||||||
|
5-Jun |
77.54 |
360.21 |
370.21 |
Imp
90s |
90 |
200.00 |
35.00% |
31.50 |
70.00 |
|
|
6-Jun |
84.37 |
358.81 |
368.81 |
Imp
89s |
89 |
|
0.00 |
0.00 |
||
|
7-Jun |
81.58 |
356.10 |
366.10 |
LFTB |
92 |
332.35 |
15.00% |
13.80 |
49.85 |
|
|
10-Jun |
72.97 |
360.06 |
370.06 |
Dom
90s |
90 |
352.35 |
19.25% |
17.33 |
67.83 |
|
|
11-Jun |
77.95 |
359.25 |
369.25 |
Dom
50s |
50 |
86.19 |
30.75% |
15.38 |
26.50 |
|
|
12-Jun |
77.95 |
357.19 |
367.19 |
100.00% |
78.00 |
|
||||
|
13-Jun |
76.28 |
357.19 |
367.19 |
78.00 |
214.18 |
|||||
|
14-Jun |
86.62 |
361.25 |
371.25 |
|
||||||
|
17-Jun |
86.62 |
361.25 |
371.25 |
Item |
% Lean |
Price |
Formula |
|
||
|
18-Jun |
77.68 |
363.47 |
373.47 |
|
||||||
|
19-Jun |
89.22 |
366.58 |
376.58 |
Imp
90s |
90 |
|
0.00 |
0.00 |
||
|
20-Jun |
91.80 |
366.58 |
376.58 |
Imp
89s |
89 |
193.35 |
35.00% |
31.15 |
67.67 |
|
|
21-Jun |
90.23 |
363.67 |
373.67 |
LFTB |
92 |
332.35 |
15.00% |
13.80 |
49.85 |
|
|
24-Jun |
95.25 |
363.67 |
373.67 |
Dom
90s |
90 |
352.35 |
20.13% |
18.11 |
70.91 |
|
|
25-Jun |
93.36 |
367.24 |
377.24 |
Dom
50s |
50 |
86.19 |
29.88% |
14.94 |
25.75 |
|
|
26-Jun |
102.40 |
367.24 |
377.24 |
100.00% |
78.00 |
|
||||
|
27-Jun |
103.16 |
370.94 |
380.94 |
78.00 |
214.18 |
|||||
|
28-Jun |
106.51 |
379.30 |
389.30 |
|
||||||
|
|
|
|
|
|
||||||
|
|
|
|
|
|
||||||
|
|
|
|
|
|
||||||
|
Average |
86.19 |
352.35 |
362.35 |
|
|
|
|
|
|
|
|
Adjustment
per 1% point of lean - USc/lb |
6.48 |
|
May Prices for June
Claims |
|
||||||
|
|
|
|||||||||
|
Weighted Average Prices USDA closing quotes,
National |
|
|||||||||
|
|
50CL Fr. |
90CL Fr. |
Fresh 95s |
|
||||||
|
1-May |
76.29 |
253.47 |
263.47 |
Item |
% Lean |
Price |
Formula |
|
||
|
2-May |
81.69 |
253.47 |
263.47 |
|
||||||
|
3-May |
78.80 |
253.47 |
263.47 |
Imp
90s |
90 |
200.00 |
35.00% |
31.50 |
70.00 |
|
|
6-May |
78.80 |
351.27 |
361.27 |
Imp
89s |
89 |
|
0.00 |
0.00 |
||
|
7-May |
78.80 |
338.57 |
348.57 |
LFTB |
92 |
315.63 |
15.00% |
13.80 |
47.34 |
|
|
8-May |
74.53 |
348.75 |
358.75 |
Dom
90s |
90 |
335.63 |
19.25% |
17.33 |
64.61 |
|
|
9-May |
80.18 |
348.01 |
358.01 |
Dom
50s |
50 |
76.37 |
30.75% |
15.38 |
23.48 |
|
|
10-May |
76.54 |
345.89 |
355.89 |
100.00% |
78.00 |
|
||||
|
13-May |
83.44 |
348.48 |
358.48 |
78.00 |
205.44 |
|||||
|
14-May |
77.58 |
348.33 |
358.33 |
|
||||||
|
15-May |
77.58 |
348.10 |
358.10 |
Item |
% Lean |
Price |
Formula |
|
||
|
16-May |
83.38 |
351.74 |
361.74 |
|
||||||
|
17-May |
73.51 |
347.43 |
357.43 |
Imp
90s |
90 |
|
0.00 |
0.00 |
||
|
20-May |
61.83 |
348.33 |
358.33 |
Imp
89s |
89 |
193.52 |
35.00% |
31.15 |
67.73 |
|
|
21-May |
68.03 |
350.03 |
360.03 |
LFTB |
92 |
315.63 |
15.00% |
13.80 |
47.34 |
|
|
22-May |
72.02 |
350.03 |
360.03 |
Dom
90s |
90 |
335.63 |
20.13% |
18.11 |
67.55 |
|
|
23-May |
81.83 |
352.57 |
362.57 |
Dom
50s |
50 |
76.37 |
29.88% |
14.94 |
22.82 |
|
|
24-May |
71.17 |
350.98 |
360.98 |
100.00% |
78.00 |
|
||||
|
27-May |
Holiday |
Holiday |
Holiday |
78.00 |
205.44 |
|||||
|
28-May |
70.93 |
350.98 |
360.98 |
|
||||||
|
29-May |
69.82 |
350.98 |
360.98 |
|
||||||
|
30-May |
87.06 |
357.40 |
367.40 |
|
||||||
|
|
|
|
|
|
||||||
|
Average |
76.37 |
335.63 |
345.63 |
|
|
|
|
|
|
|
|
Adjustment
per 1% point of lean - USc/lb |
6.21 |
|
April Prices for May
Claims |
|
||||||
|
|
|
|||||||||
|
Weighted Average Prices USDA closing quotes,
National |
|
|||||||||
|
|
50CL Fr. |
90CL Fr. |
Fresh 95s |
|
||||||
|
1-Apr |
96.81 |
253.47 |
263.47 |
Item |
% Lean |
Price |
Formula |
|
||
|
2-Apr |
95.16 |
253.47 |
263.47 |
|
||||||
|
3-Apr |
97.13 |
342.89 |
352.89 |
Imp
90s |
90 |
200.00 |
35.00% |
31.50 |
70.00 |
|
|
4-Apr |
104.46 |
343.17 |
353.17 |
Imp
89s |
89 |
|
0.00 |
0.00 |
||
|
5-Apr |
96.54 |
346.15 |
356.15 |
LFTB |
92 |
318.15 |
15.00% |
13.80 |
47.72 |
|
|
8-Apr |
96.54 |
346.15 |
356.15 |
Dom
90s |
90 |
338.15 |
19.25% |
17.33 |
65.09 |
|
|
9-Apr |
98.28 |
345.78 |
355.78 |
Dom
50s |
50 |
89.92 |
30.75% |
15.38 |
27.65 |
|
|
10-Apr |
93.32 |
350.19 |
360.19 |
100.00% |
78.00 |
|
||||
|
11-Apr |
92.37 |
346.12 |
356.12 |
78.00 |
210.47 |
|||||
|
12-Apr |
91.46 |
348.45 |
358.45 |
|
||||||
|
15-Apr |
91.46 |
348.45 |
358.45 |
Item |
% Lean |
Price |
Formula |
|
||
|
16-Apr |
87.19 |
349.94 |
359.94 |
|
||||||
|
17-Apr |
87.19 |
342.90 |
352.90 |
Imp
90s |
90 |
|
0.00 |
0.00 |
||
|
18-Apr |
87.19 |
343.10 |
353.10 |
Imp
89s |
89 |
193.79 |
35.00% |
31.15 |
67.83 |
|
|
19-Apr |
88.47 |
349.31 |
359.31 |
LFTB |
92 |
318.15 |
15.00% |
13.80 |
47.72 |
|
|
22-Apr |
88.47 |
349.31 |
359.31 |
Dom
90s |
90 |
338.15 |
20.13% |
18.11 |
68.05 |
|
|
23-Apr |
86.38 |
345.56 |
355.56 |
Dom
50s |
50 |
89.92 |
29.88% |
14.94 |
26.86 |
|
|
24-Apr |
84.54 |
347.25 |
357.25 |
100.00% |
78.00 |
|
||||
|
25-Apr |
78.53 |
345.73 |
355.73 |
78.00 |
210.47 |
|||||
|
26-Apr |
82.62 |
347.75 |
357.75 |
|
||||||
|
29-Apr |
77.04 |
347.75 |
357.75 |
|
||||||
|
30-Apr |
77.04 |
346.45 |
356.45 |
|
||||||
|
|
|
|
|
|
||||||
|
Average |
89.92 |
338.15 |
348.15 |
|
|
|
|
|
|
|