Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Fri, Jan 25, 2013               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% trimmings were unevenly 
steady; 65% was weak to lower; Other lean percentages were not fully
established. Beef trimmings higher on moderate demand and light to moderate
offerings.

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

Central                  17.61  Loads   --                       704,493  pounds
National                 49.07  Loads   --                     1,962,645  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              
  Frozen 92-94%                                            
  Fresh  90%                 6       139,445     $210.00     $215.24     $212.73
  Frozen 90%                                               
  Fresh  85%                10       356,911     $186.00     $200.00     $187.94
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 
  Frozen 73%                                               
  Fresh  65%                 6       130,496     $121.00     $123.00     $122.60
  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%              8       176,000     $224.75     $229.75     $227.97
  Frozen 92-94%                                            
  Fresh  90%                19       431,917     $207.00     $216.00     $211.81
  Frozen 90%                                               
  Fresh  85%                18       546,911     $186.00     $200.00     $188.39
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 
  Frozen 73%                                               
  Fresh  65%                15       370,496     $121.00     $126.00     $123.76
  Frozen 65%                                               
  Fresh  50%                17       401,680      $64.25      $75.00      $70.40
  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 diverge just before the long holiday weekend
2. Commentary: New rules un-COOL
3. Oil edges up on book squaring, but posts big weekly drop
4. Hog Outlook: PEDV now in the U.S.
5. Traders evening up positions ahead of the weekend Friday
6. New, larger portable platform scales

1. Corn and soybean prices continue to retrace 2012 drought rally
2. Special health claim for this pork
3. Business seminars scheduled for World Pork Expo
4. Swine virus confirmed in Iowa, Indiana hog herds
5. Commentary: In praise of animal foods
6. Pot Pigs: Marijuana and vodka fed to hogs

1. Commentary: GMOs: How do I hate thee?
2. Commentary: In praise of animal foods
3. Meat and climate change: How significant is the impact?
4. Meat industry associations quick to attack the new MCOOL rule
5. Seven jobs more dangerous than farming
6. Survey reveals most Americans in favor of COOL