Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Wed, Dec 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 2.00 to 3.00 lower;
85% were weak to 2.00 lower; 75% was unevenly steady; 65% was generally 
steady; Other lean percentages were not fully established.  Beef trimmings 
sharply lower on moderate demand and heavy offerings

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

Central                  67.21  Loads   --                     2,688,359  pounds
National                109.09  Loads   --                     4,363,451  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                56     2,042,228     $204.00     $209.20     $206.59
  Frozen 90%                 3       105,000     $215.00     $217.00     $216.60
  Fresh  85%                 9       190,528     $182.00     $191.00     $186.21
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3        91,918     $152.88     $157.00     $153.42
  Frozen 75%                                               
  Fresh  73%                 3       129,812     $142.00     $142.00     $142.00
  Frozen 73%                                               
  Fresh  65%                 3        77,373     $117.00     $118.34     $117.07
  Frozen 65%                                               
Bull Product
  Fresh  94-96%              3        51,500     $223.00     $228.00     $223.15
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                56     2,042,228     $204.00     $209.20     $206.59
  Frozen 90%                 3       105,000     $215.00     $217.00     $216.60
  Fresh  85%                16       378,528     $181.00     $191.00     $185.62
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 7       149,152     $146.00     $157.00     $151.82
  Frozen 75%                                               
  Fresh  73%                 4       142,573     $140.19     $142.00     $141.84
  Frozen 73%                                               
  Fresh  65%                 9       273,630     $117.00     $122.25     $119.86
  Frozen 65%                                               
  Fresh  50%                34     1,220,840      $62.63      $79.00      $67.33
  Frozen 50%
Bull Product
  Fresh  94-96%              3        51,500     $223.00     $228.00     $223.15
  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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