Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400
Des Moines, IA                  Mon, Feb 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 mostly weak to 1.00 lower; 85%
was firm to 2.00 higher; 81% was firm; 65% was unevenly steady; Other lean
percentages were not fully established.


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

Central                  33.21  Loads   --                     1,328,388  pounds
National                 52.51  Loads   --                     2,100,291  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             10       159,600     $220.10     $226.00     $222.72
  Frozen 92-94%                                            
  Fresh  90%                19       517,563     $210.36     $214.93     $212.36
  Frozen 90%                                               
  Fresh  85%                 8       234,800     $189.44     $200.78     $194.56
  Frozen 85%                                               
  Fresh  81%                 7       294,000     $174.67     $175.00     $174.95
  Frozen 81%                                               
  Fresh  75%                 2        39,900     $157.11     $158.14     $157.33
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 3        82,525     $111.00     $117.00     $113.94
  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%             10       159,600     $220.10     $226.00     $222.72
  Frozen 92-94%                                            
  Fresh  90%                23       575,563     $209.00     $214.93     $212.02
  Frozen 90%                                               
  Fresh  85%                16       418,800     $186.00     $200.78     $193.98
  Frozen 85%                                               
  Fresh  81%                 7       294,000     $174.67     $175.00     $174.95
  Frozen 81%                                               
  Fresh  75%                 2        39,900     $157.11     $158.14     $157.33
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                11       244,525     $111.00     $123.00     $118.43
  Frozen 65%                                               
  Fresh  50%                15       367,903      $63.13      $72.00      $65.96
  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
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