Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Wed, Jan 09, 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 unevenly steady; 85% was 
mostly firm to higher; 65% was 1.00 to 3.00 higher on a light test; Other 
lean percentages were not fully established. Beef trimmings steady on light 
demand and offerings.

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

Central                  46.24  Loads   --                     1,849,579  pounds
National                 68.94  Loads   --                     2,757,422  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              4        96,000     $221.00     $227.00     $224.50
  Frozen 92-94%                                            
  Fresh  90%                33     1,113,702     $206.00     $217.00     $209.82
  Frozen 90%                                               
  Fresh  85%                21       636,077     $183.00     $196.00     $189.86
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                                               
  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%              5       131,824     $216.00     $227.00     $222.19
  Frozen 92-94%                                            
  Fresh  90%                40     1,318,859     $206.00     $218.45     $210.21
  Frozen 90%                                               
  Fresh  85%                32       885,418     $182.00     $196.00     $189.16
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3        78,936     $154.00     $158.86     $154.23
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                11       126,713     $123.00     $125.00     $123.10
  Frozen 65%                                               
  Fresh  50%                13       215,672      $72.00      $77.00      $74.46
  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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