Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Wed, Mar 20, 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 weak to lower on a light a 
test; 85% was 1.00 to 3.00 higher; 75% was mostly firm to higher; 65% was 
mostly lower; Other lean percentages were not fully established. Beef 
trimmings higher on light to moderate demand and light offerings.

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

Central                  23.44  Loads   --                       937,691  pounds
National                 49.13  Loads   --                     1,965,194  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              3        52,000     $230.00     $232.00     $231.62
  Frozen 92-94%                                            
  Fresh  90%                11       327,931     $217.00     $220.00     $217.99
  Frozen 90%                 2        63,000     $220.00     $221.00     $220.67
  Fresh  85%                12       350,132     $197.00     $204.50     $201.50
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 2        66,417     $157.00     $162.00     $158.99
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 2        78,211     $123.00     $123.00     $123.00
  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%              4        93,978     $227.00     $232.00     $229.55
  Frozen 92-94%                                            
  Fresh  90%                17       483,316     $215.00     $221.25     $218.03
  Frozen 90%                 3       105,000     $214.00     $221.00     $218.00
  Fresh  85%                17       582,660     $197.00     $204.50     $199.97
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 4       132,375     $156.00     $162.00     $157.50
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                16       370,211     $123.00     $126.00     $124.24
  Frozen 65%                                               
  Fresh  50%                11       197,654      $88.00      $94.00      $92.33
  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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