Boneless Cow Beef & Beef Trimmings - Morning

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LM_XB400
Des Moines, IA                  Thu, Jan 03, 2013               USDA Market News

NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales - Morning

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; 75% and 65% 
trimmings were moderately higher; Other lean percentages were not fully 
established.


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

Central                  18.00  Loads   --                       719,960  pounds
National                 27.31  Loads   --                     1,092,314  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             
  Frozen 92-94%                                            
  Fresh  90%                 9       340,160     $208.00     $212.00     $211.55
  Frozen 90%                 2        81,900     $215.00     $217.00     $216.03
  Fresh  85%              
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                
  Frozen 75%                                               
  Fresh  73%              
  Frozen 73%                                               
  Fresh  65%                 5       102,100     $122.17     $130.00     $124.11
  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%              
  Frozen 92-94%                                            
  Fresh  90%                 9       340,160     $208.00     $212.00     $211.55
  Frozen 90%                 2        81,900     $215.00     $217.00     $216.03
  Fresh  85%                 
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3        50,826     $152.00     $163.00     $157.63
  Frozen 75%                                               
  Fresh  73%                 
  Frozen 73%                                               
  Fresh  65%                 7       105,429     $122.17     $130.00     $124.16
  Frozen 65%                                               
  Fresh  50%                14       344,199      $74.50      $79.00      $75.94
  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
1130C

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