Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Mon, Dec 31, 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 firm to higher; 85% was 
mostly steady; 81% was 1.00 higher; 75% was weak to lower; 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                  42.43  Loads   --                     1,697,227  pounds
National                 76.93  Loads   --                     3,077,202  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             10       134,400     $214.46     $217.27     $215.65
  Frozen 92-94%                                            
  Fresh  90%                27       774,447     $205.00     $216.00     $207.97
  Frozen 90%                                               
  Fresh  85%                17       438,730     $182.00     $193.00     $186.91
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $169.00     $169.00     $169.00
  Frozen 81%                                               
  Fresh  75%                 2        52,500     $153.33     $158.83     $155.53
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 4        45,150     $121.00     $125.00     $124.51
  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%             11       169,872     $214.00     $217.27     $215.30
  Frozen 92-94%                                            
  Fresh  90%                37     1,206,447     $205.00     $216.00     $207.96
  Frozen 90%                                               
  Fresh  85%                28       610,730     $181.00     $193.00     $186.69
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $169.00     $169.00     $169.00
  Frozen 81%                                               
  Fresh  75%                 4        70,233     $151.00     $158.83     $154.54
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                12       283,150     $119.00     $125.00     $122.34
  Frozen 65%                                               
  Fresh  50%                21       484,770      $73.00      $80.00      $75.74
  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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