Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Thu, Feb 14, 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 unevenly
steady; 75% was lower; 65% was unevenly steady; Other lean percentages were 
not fully established. Beef trimmings higher on moderate demand and light 
to moderate offerings.

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

Central                  65.12  Loads   --                     2,604,651  pounds
National                115.48  Loads   --                     4,619,271  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              8       279,300     $222.80     $224.80     $224.45
  Frozen 92-94%                                            
  Fresh  90%                19       650,340     $212.00     $215.59     $212.49
  Frozen 90%                                               
  Fresh  85%                34     1,171,306     $186.00     $198.00     $191.29
  Frozen 85%                                               
  Fresh  81%                 
  Frozen 81%                                               
  Fresh  75%                 3        92,499     $150.00     $156.00     $150.81
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                11       369,206     $114.00     $123.00     $117.67
  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%              9       316,682     $220.00     $224.80     $223.93
  Frozen 92-94%                                            
  Fresh  90%                26     1,030,340     $212.00     $215.59     $212.80
  Frozen 90%                 5       210,000     $219.00     $219.00     $219.00
  Fresh  85%                41     1,369,306     $186.00     $202.63     $191.50
  Frozen 85%                                               
  Fresh  81%                 
  Frozen 81%                                               
  Fresh  75%                 4       121,898     $150.00     $157.00     $152.30
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                24       873,443     $114.00     $125.00     $118.37
  Frozen 65%                                               
  Fresh  50%                24       655,602      $62.00      $74.50      $66.09
  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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