Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Tue, Feb 26, 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 was firm to higher; 85% was 
unevenly steady on a light test; 65% was mostly 3.00 lower on a light test;
Other lean percentages were not fully established. Beef trimmings higher on 
light demand and offerings.

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

Central                  19.92  Loads   --                       796,613  pounds
National                 31.51  Loads   --                     1,260,476  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              2        45,285     $232.00     $232.00     $232.00
  Frozen 92-94%                                            
  Fresh  90%                13       466,912     $213.00     $219.00     $214.95
  Frozen 90%                                               
  Fresh  85%                 7       205,799     $193.00     $202.00     $195.25
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                
  Frozen 73%                                               
  Fresh  65%                 2        57,617     $117.00     $119.00     $118.27
  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        82,580     $221.00     $232.00     $227.03
  Frozen 92-94%                                            
  Fresh  90%                14       504,452     $213.00     $219.00     $214.99
  Frozen 90%                                               
  Fresh  85%                 9       256,199     $193.00     $202.00     $195.74
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 
  Frozen 73%                                               
  Fresh  65%                 3        73,617     $117.00     $120.00     $118.65
  Frozen 65%                                               
  Fresh  50%                18       322,628      $70.00      $77.50      $74.53
  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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