Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Thu, Jan 10, 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 and 85% trimmings were unevenly
steady; 75% was firm on a light test; 65% was unevenly steady; Other lean 
percentages were not fully established. Beef trimmings steady to weak on 
light to moderate demand and moderate offerings.

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

Central                  18.07  Loads   --                       722,817  pounds
National                 42.08  Loads   --                     1,683,139  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              4       135,924     $224.19     $227.00     $224.40
  Frozen 92-94%                                            
  Fresh  90%                 5        76,299     $212.00     $213.00     $212.09
  Frozen 90%                                               
  Fresh  85%                10       265,776     $183.00     $191.16     $189.57
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 6       220,818     $120.00     $127.75     $124.12
  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       224,776     $221.16     $227.00     $224.51
  Frozen 92-94%                                            
  Fresh  90%                10       182,299     $212.00     $213.75     $212.79
  Frozen 90%                                               
  Fresh  85%                11       307,776     $183.00     $193.67     $190.13
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 2        50,253     $154.00     $159.00     $156.39
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 7       222,491     $120.00     $127.75     $124.11
  Frozen 65%                                               
  Fresh  50%                23       695,544      $72.00      $78.00      $73.38
  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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