Boneless Cow Beef & Beef Trimmings - Afternoon

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

.

1. Oil falls as Fed minutes send U.S. equities down
2. Ag markets diverged widely Wednesday afternoon
3. Cold Storage: Frozen pork supplies up from March
4. Tyson sends disaster-assistance truck to Oklahoma
5. University workshops address workforce management issues
6. Mexico says U.S. not respecting WTO ruling on meat labeling

1. Corn and soybean prices continue to retrace 2012 drought rally
2. Swine virus confirmed in Iowa, Indiana hog herds
3. Business seminars scheduled for World Pork Expo
4. Special health claim for this pork
5. USDA says has detected virus in Iowa hog population
6. Commentary: GMOs: How do I hate thee?

1. Insects. They’re what’s for dinner!
2. Commentary: In praise of animal foods
3. Meat and climate change: How significant is the impact?
4. Seven jobs more dangerous than farming
5. Commentary: GMOs: How do I hate thee?
6. Tyson selects panel to monitor animal welfare program