Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Wed, May 08, 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 the last market test: Lean boneless 1.00 to 2.00 lower; 92-94% lean
1.00 to 2.00 higher; 85% lean mostly 1.00 lower; 65% lean 1.00 to 2.00 higher;
All other lean percentages not fully established. Beef trimmings steady on light 
to moderate demand and offerings.

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

Central                  39.68  Loads   --                     1,587,071  pounds
National                 69.61  Loads   --                     2,784,312  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              3       101,781     $212.00     $222.00     $214.38
  Frozen 92-94%                                            
  Fresh  90%                18       690,496     $194.00     $204.67     $200.22
  Frozen 90%                                               
  Fresh  85%                18       630,533     $187.00     $199.00     $189.94
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 5        93,200     $163.00     $173.00     $167.45
  Frozen 75%                                               
  Fresh  73%                 1         6,406     $159.25     $159.25     $159.25
  Frozen 73%                                               
  Fresh  65%                 3        64,655     $126.00     $132.91     $127.18
  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%              5       165,249     $207.00     $222.00     $212.18
  Frozen 92-94%                                            
  Fresh  90%                25       848,108     $194.00     $204.67     $200.51
  Frozen 90%                                               
  Fresh  85%                25       822,578     $187.00     $199.00     $190.51
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 6       133,722     $163.00     $173.00     $166.10
  Frozen 75%                                               
  Fresh  73%                 2        14,002     $155.00     $159.25     $156.94
  Frozen 73%                                               
  Fresh  65%                 6       160,655     $126.00     $132.91     $128.07
  Frozen 65%                                               
  Fresh  50%                27       639,998      $92.85     $102.00      $96.81
  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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