Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Mon, Dec 03, 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 and 85% were unevenly steady; 81% 
was mostly steady; 75% was firm to higher on a light test; 65% was unevenly 
steady; Other lean percentages were not fully established. Beef trimmings 
steady on light demand and offerings.

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

Central                  53.97  Loads   --                     2,158,678  pounds
National                 76.29  Loads   --                     3,051,464  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              8       126,000     $215.19     $218.58     $216.47
  Frozen 92-94%                                            
  Fresh  90%                34     1,094,279     $205.02     $209.00     $206.98
  Frozen 90%                                               
  Fresh  85%                18       516,243     $182.86     $191.34     $185.48
  Frozen 85%                                               
  Fresh  81%                 3       126,000     $168.00     $168.00     $168.00
  Frozen 81%                                               
  Fresh  75%                 2        45,464     $151.06     $157.00     $152.88
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 9       250,692     $117.00     $118.65     $118.05
  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%              9       168,007     $215.19     $225.75     $218.79
  Frozen 92-94%                                            
  Fresh  90%                40     1,276,716     $203.50     $209.00     $206.82
  Frozen 90%                                               
  Fresh  85%                30       775,091     $181.00     $192.73     $185.89
  Frozen 85%                                               
  Fresh  81%                 3       126,000     $168.00     $168.00     $168.00
  Frozen 81%                                               
  Fresh  75%                 2        45,464     $151.06     $157.00     $152.88
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                21       468,447     $117.00     $119.14     $118.35
  Frozen 65%                                               
  Fresh  50%                 9       191,739      $75.00      $79.54      $76.93
  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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