Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Mon, Oct 08, 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 firm to higher; 85% was 
generally steady; 81% was mostly 2.00 lower; 65% was mostly steady; Other
lean percentages were not fully established. Beef trimmings steady on light 
to moderate demand and offerings.


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

Central                  63.00  Loads   --                     2,519,843  pounds
National                 85.18  Loads   --                     3,407,367  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             12       189,000     $209.00     $213.12     $211.08
  Frozen 92-94%                                            
  Fresh  90%                55     1,650,965     $199.00     $209.08     $201.59
  Frozen 90%                                               
  Fresh  85%                11       238,154     $178.00     $193.00     $184.23
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $169.00     $169.00     $169.00
  Frozen 81%                                               
  Fresh  75%                 
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 6       158,224     $106.50     $108.52     $107.40
  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%             15       272,865     $208.00     $215.75     $210.74
  Frozen 92-94%                                            
  Fresh  90%                58     1,711,673     $199.00     $209.08     $201.63
  Frozen 90%                                               
  Fresh  85%                18       399,521     $178.00     $193.00     $185.74
  Frozen 85%                                               
  Fresh  81%                 7       272,000     $169.00     $175.50     $169.48
  Frozen 81%                                               
  Fresh  75%                
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                14       337,949     $106.00     $108.52     $107.45
  Frozen 65%                                               
  Fresh  50%                16       381,859      $51.50      $55.59      $52.58
  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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