Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Tue, Sep 10, 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 unevenly steady; 85% was 
2.00 higher; 81%, 75%, 73% and 65% were firm to higher; Other lean percentages 
were not fully established. Beef trimmings firm on light to moderate demand and 
offerings.

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

Central                  33.35  Loads   --                     1,333,965  pounds
National                 49.81  Loads   --                     1,992,340  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             11       182,369     $217.00     $220.99     $218.57
  Frozen 92-94%                                            
  Fresh  90%                20       451,196     $208.00     $213.00     $209.77
  Frozen 90%                                               
  Fresh  85%                12       237,600     $191.00     $207.00     $196.03
  Frozen 85%                                               
  Fresh  81%                 6       247,800     $181.00     $186.00     $181.76
  Frozen 81%                                               
  Fresh  75%                 2        63,000     $163.61     $163.61     $163.61
  Frozen 75%                                               
  Fresh  73%                 3       126,000     $163.75     $163.75     $163.75
  Frozen 73%                                               
  Fresh  65%                
  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%             11       182,369     $217.00     $220.99     $218.57
  Frozen 92-94%                                            
  Fresh  90%                20       451,196     $208.00     $213.00     $209.77
  Frozen 90%                                               
  Fresh  85%                13       279,600     $191.00     $209.85     $198.10
  Frozen 85%                                               
  Fresh  81%                 6       247,800     $181.00     $186.00     $181.76
  Frozen 81%                                               
  Fresh  75%                 2        63,000     $163.61     $163.61     $163.61
  Frozen 75%                                               
  Fresh  73%                 3       126,000     $163.75     $163.75     $163.75
  Frozen 73%                                               
  Fresh  65%                 3        82,800     $125.00     $147.00     $142.27
  Frozen 65%                                               
  Fresh  50%                19       559,575     $101.00     $106.50     $105.17
  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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