Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Fri, Jan 04, 2013               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 firm to higher; 85% was steady
to firm; 75% was 1.00 to 2.00 higher on a light test; 65% was unevenly steady; 
Other lean percentages were not fully established. Beef trimmings steady on 
moderate demand and offerings.

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

Central                  48.72  Loads   --                     1,948,606  pounds
National                 92.87  Loads   --                     3,714,602  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              2        14,700     $215.46     $217.37     $216.28
  Frozen 92-94%                                            
  Fresh  90%                41     1,502,218     $206.00     $217.00     $210.44
  Frozen 90%                                               
  Fresh  85%                 9       312,670     $183.00     $194.00     $187.66
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 4        68,000     $153.00     $165.50     $162.13
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 3        47,118     $120.00     $131.00     $120.93
  Frozen 65%                                               
Bull Product
  Fresh  94-96%              3         3,900     $235.00     $237.00     $235.77
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              9       160,085     $214.00     $227.50     $223.22
  Frozen 92-94%                                            
  Fresh  90%                56     1,828,218     $203.00     $217.00     $210.39
  Frozen 90%                                               
  Fresh  85%                18       461,070     $181.00     $194.00     $187.04
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 4        68,000     $153.00     $165.50     $162.13
  Frozen 75%                                               
  Fresh  73%            
  Frozen 73%                                               
  Fresh  65%                12       409,118     $120.00     $131.00     $122.79
  Frozen 65%                                               
  Fresh  50%                28       744,019      $73.00      $79.59      $75.45
  Frozen 50%
Bull Product
  Fresh  94-96%              3         3,900     $235.00     $237.00     $235.77
  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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