Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Fri, Oct 05, 2012               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 mostly weak to 1.00 lower; 
85% was unevenly steady; 65% was generally steady; Other lean percentages
were not fully established. Beef trimmings higher on moderate demand and 
light to moderate offerings.

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

Central                  47.02  Loads   --                     1,880,841  pounds
National                 74.51  Loads   --                     2,980,442  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                25       910,753     $199.00     $203.00     $200.44
  Frozen 90%                                               
  Fresh  85%                25       869,798     $178.00     $192.18     $180.46
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                
  Frozen 73%                                               
  Fresh  65%                 2        74,719     $106.50     $106.50     $106.50
  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%              3        54,219     $208.00     $215.00     $209.55
  Frozen 92-94%                                            
  Fresh  90%                31     1,046,662     $199.00     $203.98     $200.67
  Frozen 90%                                               
  Fresh  85%                30       969,798     $178.00     $192.18     $180.96
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 2        29,134     $141.11     $145.72     $141.67
  Frozen 73%                                               
  Fresh  65%                 8       248,719     $106.00     $108.50     $107.57
  Frozen 65%                                               
  Fresh  50%                24       631,910      $48.00      $59.50      $52.62
  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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