Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Wed, Jan 23, 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 generally 
steady; 65% was moderately to sharply higher; Other lean percentages were not 
fully established. Beef trimmings weak on moderate demand and offerings. 


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

Central                  18.42  Loads   --                       736,631  pounds
National                 69.46  Loads   --                     2,778,429  pounds
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FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              2        40,000     $229.00     $229.00     $229.00
  Frozen 92-94%                                            
  Fresh  90%                10       225,668     $209.00     $215.00     $212.24
  Frozen 90%                                               
  Fresh  85%                 5       103,463     $184.00     $197.00     $192.00
  Frozen 85%                                               
  Fresh  81%               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 3       126,000     $151.58     $151.58     $151.58
  Frozen 73%                                               
  Fresh  65%                 5       199,500     $125.89     $128.00     $126.73
  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%              3        58,000     $226.50     $229.00     $228.22
  Frozen 92-94%                                            
  Fresh  90%                15       303,668     $208.00     $215.00     $211.77
  Frozen 90%                                               
  Fresh  85%                18       397,663     $184.00     $197.00     $189.19
  Frozen 85%                                               
  Fresh  81%                 
  Frozen 81%                                               
  Fresh  75%                
  Frozen 75%                                               
  Fresh  73%                 3       126,000     $151.58     $151.58     $151.58
  Frozen 73%                                               
  Fresh  65%                16       477,500     $123.00     $132.50     $127.88
  Frozen 65%                                               
  Fresh  50%                41     1,301,380      $61.00      $74.00      $64.25
  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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