Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Mon, Dec 03, 2012               USDA Market News

NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales - Afternoon

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

Compared to last market test: Lean boneless and 85% were unevenly steady; 81% 
was mostly steady; 75% was firm to higher on a light test; 65% was unevenly 
steady; Other lean percentages were not fully established. Beef trimmings 
steady on light demand and offerings.

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

Central                  53.97  Loads   --                     2,158,678  pounds
National                 76.29  Loads   --                     3,051,464  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              8       126,000     $215.19     $218.58     $216.47
  Frozen 92-94%                                            
  Fresh  90%                34     1,094,279     $205.02     $209.00     $206.98
  Frozen 90%                                               
  Fresh  85%                18       516,243     $182.86     $191.34     $185.48
  Frozen 85%                                               
  Fresh  81%                 3       126,000     $168.00     $168.00     $168.00
  Frozen 81%                                               
  Fresh  75%                 2        45,464     $151.06     $157.00     $152.88
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 9       250,692     $117.00     $118.65     $118.05
  Frozen 65%                                               
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              9       168,007     $215.19     $225.75     $218.79
  Frozen 92-94%                                            
  Fresh  90%                40     1,276,716     $203.50     $209.00     $206.82
  Frozen 90%                                               
  Fresh  85%                30       775,091     $181.00     $192.73     $185.89
  Frozen 85%                                               
  Fresh  81%                 3       126,000     $168.00     $168.00     $168.00
  Frozen 81%                                               
  Fresh  75%                 2        45,464     $151.06     $157.00     $152.88
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                21       468,447     $117.00     $119.14     $118.35
  Frozen 65%                                               
  Fresh  50%                 9       191,739      $75.00      $79.54      $76.93
  Frozen 50%
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
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.
--------------------------------------------------------------------------------
Source:   USDA Market News Service, Des Moines, IA
          515-284-4460      email: desm.lgmn@usda.gov
          24 Hour recorded market information 515-284-4830
          http://www.ams.usda.gov/LSMarketNews
1530C

.

1. Ag markets moved generally higher Wednesday
2. Infrastructure limits ag export growth, economist says
3. Beetles, housefly larvae open new frontier in animal feed sector
4. Oil pressured by Bernanke comments, crude stocks up
5. Repainting “American Gothic:” Number of women farming triples
6. Commentary: Severely ticked off

1. Commentary: Ag must resist HSUS 'divide and conquer' strategy
2. Outbreak of PEDV spreads to 13 U.S. states
3. Smithfield Foods bid reflects China’s quality issues
4. Finding the comedy in ag-gag
5. National Pork Board elects new officers; Richter to lead
6. Will Smith dethroned in latest Peterson Farm Bros. parody

1. COOL isn’t working
2. NIAA releases white paper on FMD preparedness
3. American students immerse themselves in Scotland
4. Finding the comedy in ag-gag
5. Commentary: Ag must resist HSUS 'divide and conquer' strategy
6. Will Smith dethroned in latest Peterson Farm Bros. parody