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<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'><b>&nbsp;</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'><b>&nbsp;</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";line-height:1.0pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'><b>UNITED STATES</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'><b>SECURITIES AND
EXCHANGE COMMISSION</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>Washington, D.C.
20549</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>
<b>FORM
8-K</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>CURRENT REPORT</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>PURSUANT TO SECTION
13 OR 15(d) OF</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>THE SECURITIES
EXCHANGE ACT OF 1934</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>Date of Report (date
of earliest event reported):&nbsp; May 29, 2014</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'><b><u>U.S. PREMIUM BEEF,
LLC</u></b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>(Exact name of
Registrant as specified in its charter)</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>&nbsp;</p>

  <p style='margin-top:0in;margin-right:-.75pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;page-break-after:avoid;font-family:"Times New Roman","serif";text-decoration:underline;text-align:center'>Delaware</p>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt;text-align:center'>(State
  or other jurisdiction of incorporation)</p>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<table class=MsoNormalTable border=0 cellpadding=0 width=600
 style='width:100%;margin-left:.9pt;border-collapse:collapse'>
 <tr>
  <td colspan=2 valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-top:0in;margin-right:-.75pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;page-break-after:avoid;font-family:"Times New Roman","serif";text-align:center'>
	333-115164</td>
  <td colspan=2 valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>20-1576986</p>
  </td>
 </tr>
 <tr>
  <td colspan=2 valign=bottom style='border:medium none;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt' align="center">(Commission File Number)</p>
  </td>
  <td colspan=2 valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border:medium none;
  padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";' align="center">(I.R.S. Employer Identification No.)</p>
  </td>
 </tr>
 <tr>
  <td colspan=2 valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td colspan=2 valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid;height:13.0pt'>
  <td colspan=3 valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; height:13.0pt; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='mso-style-name:&#039;Heading 1\&#039;,&#039;Style 8&#039;;margin-top:0in;margin-right:-.75pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;page-break-after:avoid;font-family:"Times New Roman","serif";'>
	<font size="3">12200 North Ambassador
  Drive<br>
	Kansas
  City, Missouri </font></p>
  </td>
  <td valign=bottom style='height:13.0pt; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; height:13.0pt; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-left:-95.4pt;text-align:center;
  text-indent:95.4pt'>&nbsp;</p>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-left:-95.4pt;text-align:center;
  text-indent:95.4pt'>64163</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid;height:13.0pt'>
  <td colspan=3 valign=bottom style='height:13.0pt; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'>(Address of principal executive
  offices)</p>
  </td>
  <td valign=bottom style='height:13.0pt; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='mso-style-name:"NEW_CENTER\,ctr";margin-top:0in;margin-right:0in;margin-bottom:12.0pt;margin-left:0in;text-align:center;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:0in;margin-bottom:.0001pt'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='height:13.0pt; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='mso-style-name:"NEW_CENTER\,ctr";margin-top:0in;margin-right:0in;margin-bottom:12.0pt;margin-left:0in;text-align:center;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:0in;margin-bottom:.0001pt'>(Zip Code)</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid;height:13.0pt'>
  <td valign=bottom style='height:13.0pt; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td colspan=4 valign=bottom style='height:13.0pt; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td style='border:none;padding:0in 0in 0in 0in' valign="bottom"><p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</td>
 </tr>
 </table>

  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>&nbsp;</p>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>
	<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (816) 713-8800&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</u></p>
  <p style='mso-style-name:"NEW_CENTER\,ctr";margin-top:0in;margin-right:0in;margin-bottom:12.0pt;margin-left:0in;text-align:center;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:0in;margin-bottom:.0001pt'>Registrant&#146;s
  telephone, number, including area code</p>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions (<i>see</i> General
Instruction A.2. below):</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<table border="0" width="100%">
	<tr>
		<td width="5%">
		<p align="center"><font style="font-size: 12.0pt">&#9633;</font></td>
		<td width="95%">

<p style='margin-bottom:.0001pt;text-align:justify;font-size:10.0pt;font-family:"Times New Roman","serif";margin-top:0in'>
<font style="font-size: 12.0pt">Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)</font></p>

		</td>
	</tr>
	<tr>
		<td width="5%">
		<p align="center">&#9633;</td>
		<td width="95%">

<p style='margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-top:0in'>Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p>

		</td>
	</tr>
	<tr>
		<td width="5%">
		<p align="center">&#9633;</td>
		<td width="95%">

<p style='margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-top:0in'>Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240-14d-2(b))</p>

		</td>
	</tr>
	<tr>
		<td width="5%">
		<p align="center">&#9633;</td>
		<td width="95%">

<p style='margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:justify;margin-top:0in'>Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))</p>

		</td>
	</tr>
</table>

<div style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>

<p style='margin-bottom:0in;margin-bottom:.0001pt;text-align:
justify;text-justify:inter-ideograph;punctuation-wrap:simple;
text-autospace:none'>&nbsp;</p>

<font face="Times New Roman,serif">
<hr>
<p style="page-break-before:always">&nbsp;</p>
</font>


<p style='margin-bottom:0in;margin-bottom:.0001pt;text-align:
right;punctuation-wrap:simple;
text-autospace:none'>&nbsp;</p>

<p style='margin-bottom:0in;margin-bottom:.0001pt;text-align:
justify;text-justify:inter-ideograph;punctuation-wrap:simple;
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</div>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";line-height:1.0pt'>&nbsp;</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";'>Items under Sections 2 through 8 are not applicable and therefore omitted.</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman,serif";margin-left:0in; margin-right:0in; margin-top:0in'><b>Item 1.01 Entry into a Material Definitive Agreement.</b></p>
<p style='margin:0in;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Arial Unicode MS","serif";'>&nbsp;</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif"; text-indent:13.5pt'>On May 29, 2014, U.S. PREMIUM BEEF, LLC, a limited liability company formed
under the laws of the State of Delaware and COBANK, ACB (&#147;CoBank&#148;) entered into
a &#147;Revolving Term Loan Supplement&#148; (the &#147;Supplement&#148;).&nbsp; The Supplement was
executed on May 29, 2014.&nbsp; The Supplement amends certain provisions of the
Master Loan Agreement entered into by CoBank and U.S. Premium Beef, LLC on July
26, 2011, as amended from time to time.</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";text-indent:13.5pt'>The Amendment extends the term of the
Revolving Term Loan Commitment (Commitment) up to and including June 30, 2017.&nbsp;
The Amendment also provides for a reduction in the amount available under the
Commitment to $5 million from $15 million and reduces the Commitment Fee to
0.25% per annum.&nbsp; </p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0in;margin-bottom:.0001pt'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'><b>ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.</b></p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>(d) Exhibits</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>The following are filed as Exhibits to this Report:</p>

<p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>

<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;border-collapse:collapse'>
 <tr>
  <td width="13%" valign=top style='width:13.06%;padding:0in .7pt 0in .7pt'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:6.0pt'><u>Exhibit No.</u></p>
  </td>
  <td width="2%" valign=bottom style='width:2.56%;padding:0in .7pt 0in .7pt'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:6.0pt'>&nbsp;</p>
  </td>
  <td width="84%" valign=top style='width:84.38%;padding:0in .7pt 0in .7pt'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:6.0pt'><u>Description of Exhibit</u></p>
  </td>
 </tr>
 <tr>
  <td width="13%" valign=top style='width:13.06%;padding:0in .7pt 0in .7pt'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>10.1</p>
  </td>
  <td width="2%" valign=bottom style='width:2.56%;padding:0in .7pt 0in .7pt'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td width="84%" valign=top style='width:84.38%;padding:0in .7pt 0in .7pt'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>Revolving Term Loan Supplement between U.S. Premium Beef,
  LLC and CoBank, ACB dated May 29, 2014</p>
  </td>
 </tr>
 <tr>
  <td width="13%" valign=top style='width:13.06%;padding:0in .7pt 0in .7pt'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td width="2%" valign=bottom style='width:2.56%;padding:0in .7pt 0in .7pt'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
  <td width="84%" valign=top style='width:84.38%;padding:0in .7pt 0in .7pt'>
  <p style='margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
 </tr>
</table>

<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;text-align:center;font-size:11.0pt;font-family:"Times New Roman","serif";line-height:12.0pt'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;text-align:center;font-size:11.0pt;font-family:"Times New Roman","serif";line-height:12.0pt'>&nbsp;</p>
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<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;text-align:center;font-size:11.0pt;font-family:"Times New Roman","serif";line-height:12.0pt'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;text-align:center;font-size:11.0pt;font-family:"Times New Roman","serif";line-height:12.0pt'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;text-align:center;font-size:11.0pt;font-family:"Times New Roman","serif";line-height:12.0pt'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;text-align:center;font-size:11.0pt;font-family:"Times New Roman","serif";line-height:12.0pt'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;text-align:center;font-size:11.0pt;font-family:"Times New Roman","serif";line-height:12.0pt'>2</p>

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justify;text-justify:inter-ideograph;punctuation-wrap:simple;
text-autospace:none'>&nbsp;</p>


<p style='mso-style-name:"Style 0";margin:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;font-size:12.0pt;font-family:"Courier 10cpi";0'>
<font face="Times New Roman,serif"><b>SIGNATURE</b></font></p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:43.0pt;margin-left:0in;font-size:11.0pt;font-family:"Times New Roman","serif";margin-bottom:0in;margin-bottom:.0001pt'>&nbsp;</p>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

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	<table border="0" width="50%">
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<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";margin-right:0in; margin-top:0in'>U.S.
PREMIUM BEEF, LLC </p>

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			<td>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";margin-right:0in; margin-top:0in'>&nbsp;</p>

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<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";margin-right:0in; margin-top:0in'>By:<u>&nbsp; Stanley D. Linville&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </u></p>

			</td>
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			<td>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";margin-right:0in; margin-top:0in'>Stanley D. Linville</p>

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			<td>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";margin-right:0in; margin-top:0in'>Chief Executive Officer</p>

			</td>
		</tr>
	</table>
</div>

<p style='margin-bottom:.0001pt;font-family:"Times New Roman","serif";margin-left:225.0pt;text-indent:27.0pt; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='mso-style-link:"Footer Char";margin-bottom:.0001pt;text-align:left;font-family:"Times New Roman","serif";line-height:12.0pt; margin-left:0in; margin-right:0in; margin-top:0in'>Date:&nbsp;&nbsp; June 3, 2014</p>
<p style='mso-style-link:"Footer Char";margin-bottom:.0001pt;text-align:left;font-family:"Times New Roman","serif";line-height:12.0pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin-bottom:.0001pt;text-align:left;font-family:"Times New Roman","serif";line-height:12.0pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin-bottom:.0001pt;text-align:left;font-family:"Times New Roman","serif";line-height:12.0pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin-bottom:.0001pt;text-align:left;font-family:"Times New Roman","serif";line-height:12.0pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin-bottom:.0001pt;text-align:left;font-family:"Times New Roman","serif";line-height:12.0pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin-bottom:.0001pt;text-align:left;font-family:"Times New Roman","serif";line-height:12.0pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin-bottom:.0001pt;text-align:left;font-family:"Times New Roman","serif";line-height:12.0pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin-bottom:.0001pt;text-align:left;font-family:"Times New Roman","serif";line-height:12.0pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin-bottom:.0001pt;text-align:left;font-family:"Times New Roman","serif";line-height:12.0pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin-bottom:.0001pt;text-align:left;font-family:"Times New Roman","serif";line-height:12.0pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
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<p style='mso-style-link:"Footer Char";margin-bottom:.0001pt;text-align:center;font-family:"Times New Roman","serif";line-height:12.0pt; margin-left:0in; margin-right:0in; margin-top:0in'>3</p>

<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;text-align:center;font-size:11.0pt;font-family:"Times New Roman","serif";text-align:left;line-height:12.0pt'>&nbsp;</p>
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<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;text-align:center;font-size:11.0pt;font-family:"Times New Roman","serif";text-align:left;line-height:12.0pt'>&nbsp;</p>
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[{"type": "8-K", "sequence": "1", "filename": "esuspb8k63.htm", "secsgml_size_bytes": 27856}]
{"company-data": {"conformed-name": "U. S. Premium Beef, LLC", "cik": "0001289237", "assigned-sic": "0200", "irs-number": "201576986", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-115164", "film-number": "14886308"}, "business-address": {"street1": "12200 NORTH AMBASSADOR DRIVE, SUITE 501", "city": "KANSAS CITY", "state": "MO", "zip": "64163", "phone": "816-713-8800"}, "mail-address": {"street1": "12200 NORTH AMBASSADOR DRIVE, SUITE 501", "city": "KANSAS CITY", "state": "MO", "zip": "64163"}, "former-company": {"former-conformed-name": "U. S. Premium Beef, Inc.", "date-changed": "20040504"}}
_
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C.
20549
FORM
8-K
CURRENT REPORT
PURSUANT TO SECTION
13 OR 15(d) OF
THE SECURITIES
EXCHANGE ACT OF 1934
Date of Report (date
of earliest event reported):  May 29, 2014
U.S. PREMIUM BEEF,
LLC
(Exact name of
Registrant as specified in its charter)
Delaware
(State
  or other jurisdiction of incorporation)
333-115164
20-1576986
(Commission File Number)
(I.R.S. Employer Identification No.)
12200 North Ambassador
  Drive
Kansas
  City, Missouri
64163
(Address of principal executive
  offices)
(Zip Code)
(816) 713-8800
Registrant's
  telephone, number, including area code
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions (
see
General
Instruction A.2. below):
□
Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
□
Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
□
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240-14d-2(b))
□
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Items under Sections 2 through 8 are not applicable and therefore omitted.
Item 1.01 Entry into a Material Definitive Agreement.
On May 29, 2014, U.S. PREMIUM BEEF, LLC, a limited liability company formed
under the laws of the State of Delaware and COBANK, ACB ("CoBank") entered into
a "Revolving Term Loan Supplement" (the "Supplement").  The Supplement was
executed on May 29, 2014.  The Supplement amends certain provisions of the
Master Loan Agreement entered into by CoBank and U.S. Premium Beef, LLC on July
26, 2011, as amended from time to time.
The Amendment extends the term of the
Revolving Term Loan Commitment (Commitment) up to and including June 30, 2017. 
The Amendment also provides for a reduction in the amount available under the
Commitment to $5 million from $15 million and reduces the Commitment Fee to
0.25% per annum.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
The following are filed as Exhibits to this Report:
Exhibit No.
Description of Exhibit
10.1
Revolving Term Loan Supplement between U.S. Premium Beef,
  LLC and CoBank, ACB dated May 29, 2014
2
SIGNATURE
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
U.S.
PREMIUM BEEF, LLC
By:
Stanley D. Linville
Stanley D. Linville
Chief Executive Officer
Date:   June 3, 2014
3