Boneless Cow Beef & Beef Trimmings - Morning

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LM_XB400
Des Moines, IA                  Fri, Jan 11, 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; 85% was 
sharply higher on a light test; 65% was moderately to sharply lower on a 
light test; Other lean percentages were not fully established.


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

Central                  14.02  Loads   --                       560,906  pounds
National                 24.08  Loads   --                       963,085  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                 7       264,739     $210.00     $216.00     $212.25
  Frozen 90%                                               
  Fresh  85%                 
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 4       158,467     $149.49     $152.35     $151.76
  Frozen 73%                                               
  Fresh  65%                 4        95,700     $113.00     $123.00     $114.10
  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%              3        70,000     $222.25     $224.00     $222.95
  Frozen 92-94%                                            
  Fresh  90%                10       338,324     $210.00     $216.00     $212.23
  Frozen 90%                                               
  Fresh  85%                 4       110,000     $189.33     $199.42     $196.98
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 4       158,467     $149.49     $152.35     $151.76
  Frozen 73%                                               
  Fresh  65%                 6        99,046     $113.00     $123.10     $114.40
  Frozen 65%                                               
  Fresh  50%                 8       187,248      $64.00      $76.00      $72.83
  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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