Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400
Des Moines, IA                  Fri, Jan 25, 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 and 85% trimmings were unevenly 
steady; 65% was weak to lower; Other lean percentages were not fully
established.


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

Central                  11.47  Loads   --                       458,818  pounds
National                 35.33  Loads   --                     1,413,370  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              
  Frozen 92-94%                                            
  Fresh  90%                 4       104,000     $212.00     $215.24     $212.86
  Frozen 90%                                               
  Fresh  85%                 7       230,877     $186.00     $200.00     $187.73
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 
  Frozen 73%                                               
  Fresh  65%                 2        46,300     $121.00     $122.50     $122.30
  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%              8       176,000     $224.75     $229.75     $227.97
  Frozen 92-94%                                            
  Fresh  90%                15       314,000     $207.00     $216.00     $212.22
  Frozen 90%                                               
  Fresh  85%                15       420,877     $186.00     $200.00     $188.42
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 
  Frozen 73%                                               
  Fresh  65%                11       286,300     $121.00     $126.00     $124.06
  Frozen 65%                                               
  Fresh  50%                 7       180,552      $71.00      $75.00      $72.84
  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

.

1. Workshop to discuss nutrient application, management, stewardship
2. Help for flood affected farmers
3. Ag markets diverged significantly Friday afternoon
4. Vilsack: Food, Farm and Jobs Bill critical for U.S. producers
5. Ag markets decidedly mixed on Friday morning
6. Dairy among best snacks for diabetics

1. Bowling Green Livestock Auction KY
2. AFBF: Important agriculture issues ahead for Congress
3. Michigan hay supplies tighter than earlier reports due to drought
4. My Beef Checkoff: September dairy edition
5. Farmers dodge showers to plant corn at breakneck pace
6. Dairy Outlook: April's income over feed costs falls 3.6%

1. Analysis: Dairy Security Act better for farmers, taxpayers
2. IDFA: Opposition to Dairy Supply Management mounts
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
5. Buffet concerned about soil and starvation
6. Cold spring stunts upper Midwest hay crop