Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Fri, Mar 01, 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 the last market test: Lean boneless weak to 1.00 lower; 92-94% lean
steady to firm; 85% lean 2.00 to 3.00 lower; 65% lean mostly 1.00 lower; All 
other lean percentages not fully established. Beef trimmings higher on light to 
moderate demand and light offerings.

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

Central                  30.59  Loads   --                     1,223,436  pounds
National                 47.69  Loads   --                     1,907,539  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              3        42,034     $223.49     $232.00     $228.19
  Frozen 92-94%                                            
  Fresh  90%                 8       296,325     $211.00     $217.00     $214.21
  Frozen 90%                 2        37,800     $218.00     $220.00     $218.89
  Fresh  85%                17       612,038     $190.00     $198.29     $191.96
  Frozen 85%                                               
  Fresh  81%                 2        82,896     $175.00     $179.61     $177.27
  Frozen 81%                                               
  Fresh  75%                 1        13,301     $162.00     $162.00     $162.00
  Frozen 75%                                               
  Fresh  73%                 1        13,566     $149.98     $149.98     $149.98
  Frozen 73%                                               
  Fresh  65%                 5       125,476     $117.00     $122.00     $119.79
  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%              6        93,778     $223.49     $232.00     $228.52
  Frozen 92-94%                                            
  Fresh  90%                17       486,325     $211.00     $219.00     $214.42
  Frozen 90%                 2        37,800     $218.00     $220.00     $218.89
  Fresh  85%                21       740,038     $190.00     $198.29     $192.49
  Frozen 85%                                               
  Fresh  81%                 2        82,896     $175.00     $179.61     $177.27
  Frozen 81%                                               
  Fresh  75%                 1        13,301     $162.00     $162.00     $162.00
  Frozen 75%                                               
  Fresh  73%                 1        13,566     $149.98     $149.98     $149.98
  Frozen 73%                                               
  Fresh  65%                15       310,598     $117.00     $123.00     $120.14
  Frozen 65%                 1        39,780     $121.00     $121.00     $121.00
  Fresh  50%                10       226,378      $75.00      $81.50      $77.98
  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
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