Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Fri, Oct 12, 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 weak to lower; 85% and 75% 
were generally steady; 65% was unevenly steady; 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                  48.29  Loads   --                     1,931,613  pounds
National                 77.24  Loads   --                     3,089,553  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                38     1,322,611     $200.00     $203.00     $201.02
  Frozen 90%                                               
  Fresh  85%                11       331,581     $178.00     $188.23     $180.97
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 4       160,733     $141.00     $141.00     $141.00
  Frozen 75%                                               
  Fresh  73%                
  Frozen 73%                                               
  Fresh  65%                 2        74,688     $107.00     $107.00     $107.00
  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%             12       259,426     $208.00     $217.00     $213.40
  Frozen 92-94%                                            
  Fresh  90%                47     1,547,341     $200.00     $203.50     $201.16
  Frozen 90%                                               
  Fresh  85%                16       451,581     $178.00     $189.50     $182.01
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 4       160,733     $141.00     $141.00     $141.00
  Frozen 75%                                               
  Fresh  73%                 
  Frozen 73%                                               
  Fresh  65%                12       330,375     $107.00     $109.00     $107.82
  Frozen 65%                                               
  Fresh  50%                12       298,097      $50.00      $58.00      $53.57
  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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