Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Thu, Feb 07, 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 was steady to firm; 85% and 75% 
were weak to lower; 65% was mostly sharply lower; Other lean percentages were 
not fully established. Beef trimmings lower on light to moderate demand and 
moderate offerings.

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

Central                  58.83  Loads   --                     2,353,051  pounds
National                125.42  Loads   --                     5,016,762  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              4       168,000     $223.61     $223.61     $223.61
  Frozen 92-94%                                            
  Fresh  90%                29     1,028,286     $211.00     $215.00     $212.65
  Frozen 90%                                               
  Fresh  85%                23       724,714     $186.00     $193.84     $190.79
  Frozen 85%                                               
  Fresh  81%                
  Frozen 81%                                               
  Fresh  75%                 3        35,076     $157.74     $159.00     $158.86
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                11       354,975     $104.00     $125.39     $117.11
  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%              5       205,862     $219.00     $223.61     $222.76
  Frozen 92-94%                                            
  Fresh  90%                33     1,139,646     $211.00     $215.00     $212.74
  Frozen 90%                 4       168,000     $219.00     $219.00     $219.00
  Fresh  85%                31       936,776     $185.00     $195.00     $190.43
  Frozen 85%                                               
  Fresh  81%                
  Frozen 81%                                               
  Fresh  75%                 4        61,095     $156.00     $159.00     $157.64
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                28       988,447     $104.00     $125.39     $118.35
  Frozen 65%                                               
  Fresh  50%                42     1,474,936      $59.00      $71.20      $63.16
  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

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