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
|
1.73
|
|
June Prices for July Claims
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Prices USDA closing quotes,
National
|
|
|
|
|
|
|
|
Fresh 50s
|
Fresh 90s
|
Fresh 95s
|
|
|
|
|
|
|
|
|
1-Jun
|
70.43
|
148.94
|
158.94
|
|
Item
|
% Lean
|
Price
|
Formula
|
|
|
|
2-Jun
|
69.61
|
145.08
|
155.08
|
|
|
|
|
|
|
|
|
3-Jun
|
69.66
|
138.48
|
148.48
|
|
Imp 90s
|
90
|
100.00
|
35.00%
|
31.50
|
35.00
|
|
4-Jun
|
67.78
|
138.75
|
148.75
|
|
Imp 89s
|
89
|
|
|
0.00
|
0.00
|
|
5-Jun
|
67.83
|
137.40
|
147.40
|
|
LFTB
|
92
|
116.87
|
15.00%
|
13.80
|
17.53
|
|
8-Jun
|
68.19
|
140.20
|
150.20
|
|
Dom 90s
|
90
|
136.87
|
19.25%
|
17.32
|
26.35
|
|
9-Jun
|
68.13
|
139.20
|
149.20
|
|
Dom 50s
|
50
|
67.69
|
30.75%
|
15.37
|
20.81
|
|
10-Jun
|
67.22
|
136.37
|
146.37
|
|
|
|
|
100.00%
|
78.00
|
|
|
11-Jun
|
65.86
|
132.38
|
142.38
|
|
|
|
|
|
78.00
|
99.69
|
|
12-Jun
|
66.77
|
132.75
|
142.75
|
|
|
|
|
|
|
|
|
15-Jun
|
66.67
|
134.03
|
144.03
|
|
Item
|
% Lean
|
Price
|
Formula
|
|
|
|
16-Jun
|
67.09
|
135.00
|
145.00
|
|
|
|
|
|
|
|
|
17-Jun
|
67.17
|
132.48
|
142.48
|
|
Imp 90s
|
90
|
|
|
0.00
|
0.00
|
|
18-Jun
|
67.50
|
133.47
|
143.47
|
|
Imp 89s
|
89
|
98.27
|
35.00%
|
31.15
|
34.39
|
|
19-Jun
|
68.46
|
133.17
|
143.17
|
|
LFTB
|
92
|
116.87
|
15.00%
|
13.80
|
17.53
|
|
22-Jun
|
67.20
|
133.36
|
143.36
|
|
Dom 90s
|
90
|
136.87
|
20.12%
|
18.11
|
27.55
|
|
23-Jun
|
68.39
|
133.76
|
143.76
|
|
Dom 50s
|
50
|
67.69
|
29.88%
|
14.94
|
20.22
|
|
24-Jun
|
67.06
|
136.10
|
146.10
|
|
|
|
|
100.00%
|
78.00
|
|
|
25-Jun
|
66.90
|
138.91
|
148.91
|
|
|
|
|
|
78.00
|
99.69
|
|
26-Jun
|
67.79
|
137.01
|
147.01
|
|
|
|
|
|
|
|
|
29-Jun
|
66.60
|
137.31
|
147.31
|
|
|
|
|
|
|
|
|
30-Jun
|
66.76
|
136.99
|
146.99
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average
|
67.69
|
136.87
|
146.87
|
|
|
|
|
|
|
|
|
Adjustment
per 1% point of lean - USc/lb
|
1.68
|
|
May Prices for June Claims
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Prices USDA closing quotes,
National
|
|
|
|
|
|
|
|
Fresh 50s
|
Fresh 90s
|
Fresh 95s
|
|
|
|
|
|
|
|
|
1-May
|
85.38
|
147.91
|
157.91
|
|
Item
|
% Lean
|
Price
|
Formula
|
|
|
|
4-May
|
85.16
|
147.52
|
157.52
|
|
|
|
|
|
|
|
|
5-May
|
84.78
|
|
