Boneless Cow Beef & Beef Trimmings - Morning

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LM_XB400
Des Moines, IA                  Mon, Jan 28, 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 mostly weak to lower; 85% was 
unevenly steady; 81% was firm; 65% was moderately higher; Other lean percentages
were not fully established.


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

Central                  38.18  Loads   --                     1,527,140  pounds
National                 50.78  Loads   --                     2,031,006  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             10       205,800     $220.38     $223.64     $222.03
  Frozen 92-94%                                            
  Fresh  90%                20       617,520     $210.59     $212.31     $211.77
  Frozen 90%                                               
  Fresh  85%                12       357,320     $186.00     $200.07     $188.22
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $174.00     $175.00     $174.17
  Frozen 81%                                               
  Fresh  75%                 2        52,500     $156.04     $159.92     $158.37
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 1        42,000     $129.88     $129.88     $129.88
  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%             11       225,800     $220.38     $224.75     $222.27
  Frozen 92-94%                                            
  Fresh  90%                24       683,520     $208.00     $212.31     $211.55
  Frozen 90%                                               
  Fresh  85%                20       508,920     $185.00     $200.07     $188.76
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $174.00     $175.00     $174.17
  Frozen 81%                                               
  Fresh  75%                 2        52,500     $156.04     $159.92     $158.37
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 6       110,000     $124.00     $129.88     $126.92
  Frozen 65%                                               
  Fresh  50%                 7       198,266      $65.03      $68.87      $66.74
  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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