Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Wed, Sep 25, 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 sharply 
lower; 65% was unevenly steady on a light test; Other lean percentages were 
not fully established. Beef trimmings lower on light to moderate demand and 
moderate to heavy offerings.

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

Central                  38.57  Loads   --                     1,542,693  pounds
National                 76.29  Loads   --                     3,051,447  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                32     1,100,764     $189.00     $205.02     $195.99
  Frozen 90%                 2        82,800     $194.00     $194.00     $194.00
  Fresh  85%                 7       191,129     $162.00     $199.00     $165.49
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 3       126,000     $155.53     $155.53     $155.53
  Frozen 73%                                               
  Fresh  65%                 2        42,000     $128.00     $128.00     $128.00
  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%              1        33,421     $208.07     $208.07     $208.07
  Frozen 92-94%                                            
  Fresh  90%                34     1,151,247     $189.00     $205.02     $196.06
  Frozen 90%                 3       124,200     $194.00     $194.00     $194.00
  Fresh  85%                 8       207,929     $162.00     $199.00     $166.93
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 3       126,000     $155.53     $155.53     $155.53
  Frozen 73%                                               
  Fresh  65%                 4        74,239     $125.00     $133.00     $128.36
  Frozen 65%                                               
  Fresh  50%                44     1,334,411      $84.00      $96.50      $88.11
  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.lpgmn@usda.gov
          24 Hour recorded market information 515-284-4830
          http://www.ams.usda.gov/LSMarketNews
1530C

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