Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400
Des Moines, IA                  Wed, Feb 06, 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 1.00 to 2.00 lower; 
85% was steady to weak; 65% was firm; Other lean percentages were not fully
established.


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

Central                   6.70  Loads   --                       267,917  pounds
National                 23.51  Loads   --                       940,300  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                 5       109,360     $212.00     $215.00     $213.40
  Frozen 90%                 2        42,000     $217.00     $217.00     $217.00
  Fresh  85%                 
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3        38,000     $153.00     $167.00     $159.63
  Frozen 75%                                               
  Fresh  73%                 2        48,132     $149.42     $149.81     $149.76
  Frozen 73%                                               
  Fresh  65%                 2         4,125     $123.00     $124.12     $123.57
  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%                 7       141,360     $212.00     $215.00     $213.31
  Frozen 90%                 2        42,000     $217.00     $217.00     $217.00
  Fresh  85%                 9       152,300     $185.00     $198.00     $189.95
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3        38,000     $153.00     $167.00     $159.63
  Frozen 75%                                               
  Fresh  73%                 2        48,132     $149.42     $149.81     $149.76
  Frozen 73%                                               
  Fresh  65%                 8       118,125     $122.00     $126.00     $124.71
  Frozen 65%                                               
  Fresh  50%                14       400,383      $64.00      $69.50      $66.79
  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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