Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Wed, Feb 20, 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 firm; 
75% was unevenly steady; 65% was moderately to sharply higher; Other lean 
percentages were not fully established. Beef trimmings steady on light to 
moderate demand and offerings.

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

Central                  47.51  Loads   --                     1,900,582  pounds
National                 93.50  Loads   --                     3,739,925  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              3        48,157     $224.00     $232.00     $231.31
  Frozen 92-94%                                            
  Fresh  90%                28     1,032,680     $212.00     $216.00     $214.73
  Frozen 90%                 1        21,000     $218.00     $218.00     $218.00
  Fresh  85%                15       498,161     $187.00     $203.14     $194.45
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                
  Frozen 75%                                               
  Fresh  73%                 5       150,713     $149.14     $149.98     $149.84
  Frozen 73%                                               
  Fresh  65%                 4       143,857     $117.00     $120.00     $117.70
  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        48,157     $224.00     $232.00     $231.31
  Frozen 92-94%                                            
  Fresh  90%                37     1,491,870     $212.00     $216.00     $214.48
  Frozen 90%                 3       105,000     $218.00     $219.00     $218.80
  Fresh  85%                23       795,664     $187.00     $203.14     $194.29
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3        50,281     $154.00     $154.00     $154.00
  Frozen 75%                                               
  Fresh  73%                 5       150,713     $149.14     $149.98     $149.84
  Frozen 73%                                               
  Fresh  65%                14       474,490     $117.00     $130.50     $122.70
  Frozen 65%                                               
  Fresh  50%                19       623,750      $63.40      $69.00      $66.34
  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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