Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Tue, Jan 22, 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 mostly 1.00 to 2.00 higher; 
85% was generally steady; 75% was unevenly steady; 65% was steady to weak; 
Other lean percentages were not fully established. Beef trimmings lower on 
light to moderate demand and offerings.

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

Central                  95.02  Loads   --                     3,800,974  pounds
National                162.61  Loads   --                     6,504,308  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             16       313,195     $219.83     $229.00     $223.02
  Frozen 92-94%                                            
  Fresh  90%                55     1,689,479     $209.00     $216.00     $211.43
  Frozen 90%                 2       105,000     $217.00     $221.00     $220.20
  Fresh  85%                36     1,181,045     $184.00     $199.50     $187.97
  Frozen 85%                                               
  Fresh  81%                 7       294,000     $174.00     $174.00     $174.00
  Frozen 81%                                               
  Fresh  75%                 4        61,992     $159.00     $165.67     $161.67
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 6       156,263     $121.00     $125.00     $122.28
  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%             22       504,239     $217.00     $229.00     $221.95
  Frozen 92-94%                                            
  Fresh  90%                69     2,007,723     $207.00     $216.00     $211.35
  Frozen 90%                 2       105,000     $217.00     $221.00     $220.20
  Fresh  85%                54     1,694,433     $184.00     $199.50     $188.50
  Frozen 85%                                               
  Fresh  81%                 7       294,000     $174.00     $174.00     $174.00
  Frozen 81%                                               
  Fresh  75%                 4        61,992     $159.00     $165.67     $161.67
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                18       378,206     $121.00     $126.00     $123.98
  Frozen 65%                                               
  Fresh  50%                52     1,458,715      $59.00      $77.00      $65.55
  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

.

1. Ag markets diverge just before the long holiday weekend
2. Study suggests dairy herd water quality linked to milk production
3. Wis. lawmakers question challenges to large wells
4. Traders evening up positions ahead of the weekend Friday
5. Bio-Vet and Keller break ground on new facility
6. NOAA: Get ready for a busy hurricane season

1. Commentary: Milk faces branding dilemma
2. 4 rules for growing a business or industry
3. Chocolate milk a top post-workout food
4. Seven jobs more dangerous than farming
5. Salma Hayek: Milk part of 'perfect' breakfast
6. What do dairy exports mean for Minnesota?

1. Seven jobs more dangerous than farming
2. White House urges Senate to cut crop insurance in farm bill
3. Class III futures close out quietly last week
4. 4 rules for growing a business or industry
5. Drop in U.S. underground water levels has accelerated
6. Ongoing wave of Calif. metal theft prompts further legislation