Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Wed, Jul 24, 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 mostly 1.00 to 2.00 lower; 85% was 
unevenly steady; 81% was 1.00 lower; 65% was unevenly steady on a light test; 
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                  38.09  Loads   --                     1,523,675  pounds
National                 52.23  Loads   --                     2,089,022  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              8       157,700     $208.09     $210.49     $209.86
  Frozen 92-94%                                            
  Fresh  90%                27     1,019,464     $197.00     $202.00     $199.98
  Frozen 90%                                               
  Fresh  85%                 7       180,752     $188.00     $199.00     $192.13
  Frozen 85%                                               
  Fresh  81%                 3       126,000     $174.00     $174.00     $174.00
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%               
  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       157,700     $208.09     $210.49     $209.86
  Frozen 92-94%                                            
  Fresh  90%                27     1,019,464     $197.00     $202.00     $199.98
  Frozen 90%                                               
  Fresh  85%                16       506,582     $188.00     $199.00     $193.04
  Frozen 85%                                               
  Fresh  81%                 3       126,000     $174.00     $174.00     $174.00
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 3        60,824     $135.00     $137.00     $136.61
  Frozen 65%                                               
  Fresh  50%                10       218,452     $104.00     $112.00     $107.64
  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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