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 |
6.21 |
|
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 |
|
|
|
|
|
|
|
|
Adjustment
per 1% point of lean - USc/lb |
5.46 |
|
March Prices for
April Claims |
|
||||||
|
|
|
|||||||||
|
Weighted Average Prices USDA closing quotes,
National |
|
|||||||||
|
|
50CL Fr. |
90CL Fr. |
Fresh 95s |
|
||||||
|
1-Mar |
102.40 |
253.47 |
263.47 |
Item |
% Lean |
Price |
Formula |
|
||
|
4-Mar |
97.72 |
253.47 |
263.47 |
|
||||||
|
5-Mar |
103.92 |
313.73 |
323.73 |
Imp
90s |
90 |
200.00 |
35.00% |
31.50 |
70.00 |
|
|
6-Mar |
104.37 |
317.53 |
327.53 |
Imp
89s |
89 |
|
0.00 |
0.00 |
||
|
7-Mar |
96.05 |
317.53 |
327.53 |
LFTB |
92 |
301.72 |
15.00% |
13.80 |
45.26 |
|
|
8-Mar |
96.05 |
323.80 |
333.80 |
Dom
90s |
90 |
321.72 |
19.25% |
17.33 |
61.93 |
|
|
11-Mar |
102.74 |
323.80 |
333.80 |
Dom
50s |
50 |
103.33 |
30.75% |
15.38 |
31.77 |
|
|
12-Mar |
102.67 |
319.74 |
329.74 |
100.00% |
78.00 |
|
||||
|
13-Mar |
103.05 |
321.69 |
331.69 |
78.00 |
208.96 |
|||||
|
14-Mar |
108.44 |
324.01 |
334.01 |
|
||||||
|
15-Mar |
108.44 |
330.79 |
340.79 |
Item |
% Lean |
Price |
Formula |
|
||
|
18-Mar |
103.77 |
330.04 |
340.04 |
|
||||||
|
19-Mar |
111.28 |
333.65 |
343.65 |
Imp
90s |
90 |
|
0.00 |
0.00 |
||
|
20-Mar |
104.47 |
338.11 |
348.11 |
Imp
89s |
89 |
194.54 |
35.00% |
31.15 |
68.09 |
|
|
21-Mar |
107.50 |
338.11 |
348.11 |
LFTB |
92 |
301.72 |
15.00% |
13.80 |
45.26 |
|
|
22-Mar |
101.65 |
331.39 |
341.39 |
Dom
90s |
90 |
321.72 |
20.13% |
18.11 |
64.75 |
|
|
25-Mar |
104.97 |
336.65 |
346.65 |
Dom
50s |
50 |
103.33 |
29.88% |
14.94 |
30.87 |
|
|
26-Mar |
103.47 |
336.65 |
346.65 |
100.00% |
78.00 |
|
||||
|
27-Mar |
104.40 |
335.67 |
345.67 |
78.00 |
208.96 |
|||||
|
28-Mar |
102.46 |
335.67 |
345.67 |
|
||||||
|
29-Mar |
100.01 |
340.52 |
350.52 |
|
||||||
|
|
|
|
|
|
||||||
|
|
|
|
|
|
||||||
|
Average |
103.33 |
321.72 |
331.72 |
|
|
|
|
|
|
|
|
Adjustment
per 1% point of lean - USc/lb |
5.12 |
|
February Prices for
March Claims |
|
||||||
|
|
|
|||||||||
|
Weighted Average Prices USDA closing quotes,
National |
|
|||||||||
|
|
50CL Fr. |
90CL Fr. |
Fresh 95s |
|
||||||
|
1-Feb |
102.26 |
253.47 |
263.47 |
Item |
% Lean |
Price |
Formula |
|
||
|
2-Feb |
100.89 |
253.47 |
263.47 |
|
||||||
|
5-Feb |
100.89 |
291.53 |
301.53 |
Imp
90s |
90 |
200.00 |
35.00% |
31.50 |
70.00 |
|
|
6-Feb |
102.06 |
299.82 |
309.82 |
Imp
89s |
89 |
|
0.00 |
0.00 |
||
|
7-Feb |
99.59 |
300.95 |
310.95 |
LFTB |
92 |
280.23 |
15.00% |
13.80 |
42.03 |
|
|
8-Feb |
96.63 |
305.36 |
315.36 |
Dom
90s |
90 |
300.23 |
19.25% |
17.33 |
57.79 |
|
|
9-Feb |
74.56 |
302.22 |
312.22 |
Dom
50s |
50 |
95.56 |
30.75% |
15.38 |
29.38 |
|
|
12-Feb |
74.19 |
296.83 |
306.83 |
100.00% |
78.00 |
|
||||
|
13-Feb |
91.08 |
296.83 |
306.83 |
78.00 |
199.21 |
|||||
|
14-Feb |
91.69 |
301.73 |
311.73 |
|
||||||
|
15-Feb |
93.75 |
303.56 |
313.56 |
Item |
% Lean |
Price |
Formula |
|
||
|
16-Feb |
100.27 |
306.14 |
316.14 |
|
||||||
|
19-Feb |
89.67 |
306.14 |
316.14 |
Imp
90s |
90 |
|
0.00 |
0.00 |
||
|
20-Feb |
93.71 |
306.76 |
316.76 |
Imp
89s |
89 |
194.88 |
35.00% |
31.15 |
68.21 |
|
|
21-Feb |
90.99 |
309.48 |
319.48 |
LFTB |
92 |
280.23 |
15.00% |
13.80 |
42.03 |
|
|
22-Feb |
99.10 |
308.67 |
318.67 |
Dom
90s |
90 |
300.23 |
20.13% |
18.11 |
60.42 |
|
|
23-Feb |
99.38 |
313.82 |
323.82 |
Dom
50s |
50 |
95.56 |
29.88% |
14.94 |
28.55 |
|
|
26-Feb |
97.45 |
308.53 |
318.53 |
100.00% |
78.00 |
|
||||
|
27-Feb |
100.19 |
314.19 |
324.19 |
78.00 |
199.21 |
|||||
|
28-Feb |
101.96 |
311.28 |
321.28 |
|
||||||
|
29-Feb |
106.40 |
314.01 |
324.01 |
|
||||||
|
|
|
|
|
|
||||||
|
|
|
|
|
|
||||||
|
Average |
95.56 |
300.23 |
310.23 |
|
|
|
|
|
|
|
|
Adjustment
per 1% point of lean – Usc/lb |
4.75 |
|
January Prices for
February Claims |
|
||||||
|
|
|
|||||||||
|
Weighted Average Prices USDA closing quotes,
National |
|
|||||||||
|
|
50CL Fr. |
90CL Fr. |
Fresh 95s |
|
||||||
|
1-Jan |
Holiday |
Holiday |
Holiday |
Item |
% Lean |
Price |
Formula |
|
||
|
2-Jan |
48.13 |
253.47 |
263.47 |
|
||||||
|
3-Jan |
59.19 |
253.47 |
263.47 |
Imp
90s |
90 |
200.00 |
35.00% |
31.50 |
70.00 |
|
|
4-Jan |
59.06 |
253.45 |
263.45 |
Imp
89s |
89 |
|
0.00 |
0.00 |
||
|
5-Jan |
55.57 |
256.00 |
266.00 |
LFTB |
92 |
250.08 |
15.00% |
13.80 |
37.51 |
|
|
8-Jan |
60.55 |
255.12 |
265.12 |
Dom
90s |
90 |
270.08 |
19.25% |
17.33 |
51.99 |
|
|
9-Jan |
56.22 |
253.72 |
263.72 |
Dom
50s |
50 |
80.02 |
30.75% |
15.38 |
24.61 |
|
|
10-Jan |
73.61 |
267.00 |
277.00 |
100.00% |
78.00 |
|
||||
|
11-Jan |
78.74 |
264.39 |
274.39 |
78.00 |
184.11 |
|||||
|
12-Jan |
69.31 |
264.37 |
274.37 |
|
||||||
|
15-Jan |
86.94 |
258.69 |
268.69 |
Item |
% Lean |
Price |
Formula |
|
||
|
16-Jan |
85.88 |
271.85 |
281.85 |
|
||||||
|
17-Jan |
89.33 |
266.15 |
276.15 |
Imp
90s |
90 |
|
0.00 |
0.00 |
||
|
18-Jan |
90.40 |
266.15 |
276.15 |
Imp
89s |
89 |
195.25 |
35.00% |
31.15 |
68.34 |
|
|
19-Jan |
90.72 |
271.52 |
281.52 |
LFTB |
92 |
250.08 |
15.00% |
13.80 |
37.51 |
|
|
22-Jan |
90.72 |
271.52 |
281.52 |
Dom
90s |
90 |
270.08 |
20.13% |
18.11 |
54.35 |
|
|
23-Jan |
90.23 |
282.74 |
292.74 |
Dom
50s |
50 |
80.02 |
29.88% |
14.94 |
23.91 |
|
|
24-Jan |
86.86 |
289.09 |
299.09 |
100.00% |
78.00 |
|
||||
|
25-Jan |
95.24 |
269.72 |
279.72 |
78.00 |
184.11 |
|||||
|
26-Jan |
94.95 |
292.56 |
302.56 |
|
||||||
|
29-Jan |
94.95 |
291.02 |
301.02 |
|
||||||
|
30-Jan |
106.79 |
295.62 |
305.62 |
|
||||||
|
31-Jan |
97.04 |
294.22 |
304.22 |
|
||||||
|
Average |
80.02 |
270.08 |
280.08 |
|
|
|
|
|
|
|
|
Adjustment
per 1% point of lean - USc/lb |
5.03 |
|
December Prices for
January Claims |
|
||||||
|
|
|
|||||||||
|
Weighted Average Prices USDA closing quotes,
National |
|
|||||||||
|
|
50CL Fr. |
90CL Fr. |
Fresh 95s |
|
||||||
|
1-Dec |
64.75 |
266.41 |
276.41 |
Item |
% Lean |
Price |
Formula |
|
||
|
4-Dec |
58.58 |
257.69 |
267.69 |
|
||||||
|
5-Dec |
57.74 |
271.03 |
281.03 |
Imp
90s |
90 |
200.00 |
35.00% |
31.50 |
70.00 |
|
|
6-Dec |
55.37 |
263.80 |
273.80 |
Imp
89s |
89 |
|
0.00 |
0.00 |
||
|
7-Dec |
48.07 |
252.81 |
262.81 |
LFTB |
92 |
234.53 |
15.00% |
13.80 |
35.18 |
|
|
8-Dec |
49.19 |
269.87 |
279.87 |
Dom
90s |
90 |
254.53 |
19.25% |
17.33 |
49.00 |
|
|
11-Dec |
51.78 |
269.87 |
279.87 |
Dom
50s |
50 |
53.47 |
30.75% |
15.38 |
16.44 |
|
|
12-Dec |
51.78 |
248.10 |
258.10 |
100.00% |
78.00 |
|
||||
|
13-Dec |
56.75 |
256.15 |
266.15 |
78.00 |
170.62 |
|||||
|
14-Dec |
56.75 |
243.98 |
253.98 |
|
||||||
|
15-Dec |
54.17 |
258.61 |
268.61 |
Item |
% Lean |
Price |
Formula |
|
||
|
18-Dec |
54.17 |
226.62 |
236.62 |
|
||||||
|
19-Dec |
52.28 |
244.20 |
254.20 |
Imp
90s |
90 |
|
0.00 |
0.00 |
||
|
20-Dec |
51.61 |
258.38 |
268.38 |
Imp
89s |
89 |
194.97 |
35.00% |
31.15 |
68.24 |
|
|
21-Dec |
51.97 |
250.25 |
260.25 |
LFTB |
92 |
234.53 |
15.00% |
13.80 |
35.18 |
|
|
22-Dec |
43.77 |
250.25 |
260.25 |
Dom
90s |
90 |
254.53 |
20.13% |
18.11 |
51.22 |
|
|
25-Dec |
Holiday |
Holiday |
Holiday |
Dom
50s |
50 |
53.47 |
29.88% |
14.94 |
15.97 |
|
|
26-Dec |
47.98 |
242.42 |
252.42 |
100.00% |
78.00 |
|
||||
|
27-Dec |
50.73 |
260.19 |
270.19 |
78.00 |
170.62 |
|||||
|
28-Dec |
62.30 |
246.55 |
256.55 |
|
||||||
|
29-Dec |
49.61 |
253.47 |
263.47 |
|
||||||
|
|
|
|
|
|
||||||
|
|
|
|
|
|
||||||
|
Average |
53.47 |
254.53 |
264.53 |
|
|
|
|
|
|
|
|
Adjustment
per 1% point of lean - USc/lb |
5.42 |
|
November Prices for December
Claims |
|
||||||
|
|
|
|||||||||
|
Weighted Average Prices USDA closing quotes,
National |
|
|||||||||
|
|
50CL Fr. |
90CL Fr. |
Fresh 95s |
|
||||||
|
1-Nov |
74.77 |
289.57 |
299.57 |
Item |
% Lean |
Price |
Formula |
|
||
|
2-Nov |
71.59 |
287.44 |
297.44 |
|
||||||
|
3-Nov |
62.79 |
288.92 |
298.92 |
Imp
90s |
90 |
200.00 |
35.00% |
31.50 |
70.00 |
|
|
6-Nov |
62.79 |
286.50 |
296.50 |
Imp
89s |
89 |
|
0.00 |
0.00 |
||
|
7-Nov |
66.77 |
287.13 |
297.13 |
LFTB |
92 |
260.35 |
15.00% |
13.80 |
39.05 |
|
|
8-Nov |
71.14 |
288.64 |
298.64 |
Dom
90s |
90 |
280.35 |
19.25% |
17.33 |
53.97 |
|
|
9-Nov |
66.69 |
283.08 |
293.08 |
Dom
50s |
50 |
63.38 |
30.75% |
15.38 |
19.49 |
|
|
10-Nov |
67.63 |
287.87 |
297.87 |
100.00% |
78.00 |
|
||||
|
13-Nov |
66.04 |
283.00 |
293.00 |
78.00 |
182.51 |
|||||
|
14-Nov |
62.43 |
283.00 |
293.00 |
|
||||||
|
15-Nov |
63.31 |
284.28 |
294.28 |
Item |
% Lean |
Price |
Formula |
|
||
|
16-Nov |
63.31 |
273.23 |
283.23 |
|
||||||
|
17-Nov |
74.88 |
280.09 |
290.09 |
Imp
90s |
90 |
|
0.00 |
0.00 |
||
|
20-Nov |
56.66 |
280.09 |
290.09 |
Imp
89s |
89 |
194.58 |
35.00% |
31.15 |
68.10 |
|
|
21-Nov |
49.59 |
266.04 |
276.04 |
LFTB |
92 |
260.35 |
15.00% |
13.80 |
39.05 |
|
|
22-Nov |
60.14 |
273.07 |
283.07 |
Dom
90s |
90 |
280.35 |
20.13% |
18.11 |
56.42 |
|
|
23-Nov |
Holiday |
Holiday |
Holiday |
Dom
50s |
50 |
63.38 |
29.88% |
14.94 |
18.94 |
|
|
24-Nov |
53.95 |
274.68 |
284.68 |
100.00% |
78.00 |
|
||||
|
27-Nov |
53.95 |
274.68 |
284.68 |
78.00 |
182.51 |
|||||
|
28-Nov |
58.79 |
275.14 |
285.14 |
|
||||||
|
29-Nov |
64.28 |
274.58 |
284.58 |
|
||||||
|
30-Nov |
59.56 |
266.41 |
276.41 |
|
||||||
|
|
|
|
|
|
||||||
|
Average |
63.38 |
280.35 |
290.35 |
|
|
|
|
|
|
|