Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Wed, Mar 13, 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 to 
higher; 75% was unevenly steady; 65% was generally steady; Other lean 
percentages were not fully established. Beef trimmings not established.


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

Central                  25.48  Loads   --                     1,019,375  pounds
National                 49.63  Loads   --                     1,985,010  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              
  Frozen 92-94%                                            
  Fresh  90%                12       471,150     $219.00     $222.00     $220.30
  Frozen 90%                                               
  Fresh  85%                15       485,120     $197.00     $206.42     $200.35
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                
  Frozen 65%                                               
Bull Product
  Fresh  94-96%              4         5,700     $240.00     $242.00     $241.00
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              3        61,687     $225.00     $230.00     $226.62
  Frozen 92-94%                                            
  Fresh  90%                20       716,365     $217.00     $222.00     $220.25
  Frozen 90%                                               
  Fresh  85%                24       728,407     $193.00     $206.50     $199.38
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3        63,711     $157.00     $157.00     $157.00
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                12       409,140     $123.00     $125.00     $124.53
  Frozen 65%                                               
  Fresh  50%                                               
  Frozen 50%
Bull Product
  Fresh  94-96%              4         5,700     $240.00     $242.00     $241.00
  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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