Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Fri, Jan 11, 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 firm; 
65% was moderately to sharply lower on a light test; Other lean percentages 
were not fully established. Beef trimmings lower on light to moderate demand 
and moderate  offerings. 

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

Central                  18.64  Loads   --                       745,706  pounds
National                 45.12  Loads   --                     1,804,819  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                 9       281,539     $210.00     $216.00     $212.20
  Frozen 90%                                               
  Fresh  85%                 2        84,000     $185.21     $199.42     $192.32
  Frozen 85%                                               
  Fresh  81%                 2        84,000     $172.00     $174.00     $173.00
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 4       158,467     $149.49     $152.35     $151.76
  Frozen 73%                                               
  Fresh  65%                 5       137,700     $113.00     $124.67     $117.32
  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%              4       111,598     $216.00     $224.00     $220.36
  Frozen 92-94%                                            
  Fresh  90%                13       435,124     $210.00     $216.00     $211.97
  Frozen 90%                                               
  Fresh  85%                 8       246,000     $185.21     $199.42     $191.20
  Frozen 85%                                               
  Fresh  81%                 2        84,000     $172.00     $174.00     $173.00
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 4       158,467     $149.49     $152.35     $151.76
  Frozen 73%                                               
  Fresh  65%                 8       161,046     $113.00     $124.67     $118.15
  Frozen 65%                                               
  Fresh  50%                19       608,584      $64.00      $76.59      $70.09
  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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