Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Fri, Feb 15, 2013               USDA Market News

NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales - Afternoon

**This report will not be released on Monday, February 18th, 2013 as our offices 
will be closed in observance of the President’s Day Holiday. This report will be        
released on Tuesday, February 19th. If you have any questions or concerns, please        
contact us at mpr.lgmn@ams.usda.gov.**   

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 firm to 2.00 higher; 
85% was unevenly steady; 65% was sharply higher; 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                  27.21  Loads   --                     1,088,556  pounds
National                 73.66  Loads   --                     2,946,539  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              4        79,440     $226.44     $230.00     $228.07
  Frozen 92-94%                                            
  Fresh  90%                13       529,703     $212.00     $215.56     $214.46
  Frozen 90%                                               
  Fresh  85%                11       301,350     $187.00     $197.00     $193.69
  Frozen 85%                                               
  Fresh  81%                
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 7       136,063     $117.00     $122.72     $119.47
  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%             14       310,729     $222.54     $230.00     $226.74
  Frozen 92-94%                                            
  Fresh  90%                24       835,018     $210.00     $217.00     $214.03
  Frozen 90%                                               
  Fresh  85%                25       741,350     $187.00     $197.50     $194.61
  Frozen 85%                                               
  Fresh  81%                 
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                20       537,028     $117.00     $129.50     $124.73
  Frozen 65%                                               
  Fresh  50%                19       480,414      $63.00      $72.00      $65.19
  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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