Boneless Cow Beef & Beef Trimmings - Afternoon

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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

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