Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Tue, Jan 29, 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 mostly 
steady to weak; 75% was firm on a light test; 65% was unevenly steady; Other 
lean percentages were not fully established. Beef trimmings mostly steady on 
light demand and offerings.

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

Central                  22.17  Loads   --                       886,630  pounds
National                 42.59  Loads   --                     1,703,634  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              
  Frozen 92-94%                                            
  Fresh  90%                14       493,355     $210.00     $214.00     $211.78
  Frozen 90%                                               
  Fresh  85%                 9       293,863     $189.00     $197.00     $191.74
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 2        79,850     $123.00     $125.00     $124.05
  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        70,445     $219.00     $229.00     $223.08
  Frozen 92-94%                                            
  Fresh  90%                20       591,982     $208.00     $214.00     $211.46
  Frozen 90%                                               
  Fresh  85%                19       561,063     $185.00     $197.00     $190.67
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 5        37,609     $155.00     $163.75     $157.47
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 9       188,650     $123.00     $126.00     $124.80
  Frozen 65%                                               
  Fresh  50%                11       253,885      $65.63      $71.00      $69.02
  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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