Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Mon, Dec 10, 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 higher;
85% was mostly firm to 1.00 higher; 81% was firm; 65% was mostly weak to lower; 
Other lean percentages were not fully established. Beef trimmings lower on light 
demand and light to moderate offerings.

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

Central                  38.90  Loads   --                     1,556,138  pounds
National                 70.61  Loads   --                     2,824,319  pounds
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FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              7        98,700     $217.66     $220.50     $219.01
  Frozen 92-94%                                            
  Fresh  90%                31       887,529     $207.00     $214.62     $209.26
  Frozen 90%                                               
  Fresh  85%                 9       221,050     $182.00     $192.99     $187.04
  Frozen 85%                                               
  Fresh  81%                 3       126,000     $169.98     $169.98     $169.98
  Frozen 81%                                               
  Fresh  75%                 3        61,964     $153.14     $158.00     $154.58
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 5       160,895     $122.25     $125.00     $123.09
  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       182,656     $214.00     $220.50     $217.91
  Frozen 92-94%                                            
  Fresh  90%                38     1,146,197     $205.00     $214.62     $208.76
  Frozen 90%                                               
  Fresh  85%                22       502,434     $181.00     $197.08     $187.83
  Frozen 85%                                               
  Fresh  81%                 3       126,000     $169.98     $169.98     $169.98
  Frozen 81%                                               
  Fresh  75%                 3        61,964     $153.14     $158.00     $154.58
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                15       387,903     $117.71     $125.00     $121.19
  Frozen 65%                                               
  Fresh  50%                16       417,165      $71.20      $78.50      $74.99
  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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