Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400
Des Moines, IA                  Tue, Jan 22, 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 1.00 to 2.00 higher; 85% was 
generally steady; 75% was unevenly steady; 65% was steady to weak; Other lean 
percentages were not fully established.


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

Central                  78.43  Loads   --                     3,137,091  pounds
National                107.66  Loads   --                     4,306,435  pounds
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FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             15       300,750     $219.83     $229.00     $222.85
  Frozen 92-94%                                            
  Fresh  90%                47     1,478,357     $209.00     $214.00     $211.03
  Frozen 90%                                               
  Fresh  85%                27       881,521     $184.00     $199.50     $187.43
  Frozen 85%                                               
  Fresh  81%                 7       294,000     $174.00     $174.00     $174.00
  Frozen 81%                                               
  Fresh  75%                 3        58,200     $159.23     $165.67     $161.84
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 5       122,163     $121.00     $125.00     $122.36
  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%             17       351,500     $219.83     $229.00     $223.13
  Frozen 92-94%                                            
  Fresh  90%                58     1,713,715     $207.00     $214.00     $211.07
  Frozen 90%                                               
  Fresh  85%                42     1,268,909     $184.00     $199.50     $188.30
  Frozen 85%                                               
  Fresh  81%                 7       294,000     $174.00     $174.00     $174.00
  Frozen 81%                                               
  Fresh  75%                 3        58,200     $159.23     $165.67     $161.84
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                16       331,506     $121.00     $126.00     $124.15
  Frozen 65%                                               
  Fresh  50%                12       286,505      $69.61      $77.00      $73.10
  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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