Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400
Des Moines, IA                  Tue, Feb 12, 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 the last market test: Lean boneless 1.00 higher; 85% lean steady to 
2.00 lower; 65% lean steady to 2.00 lower; All other lean percentages not fully
established.


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

Central                  10.80  Loads   --                       431,902  pounds
National                 29.20  Loads   --                     1,167,915  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              2        28,000     $224.00     $230.00     $229.14
  Frozen 92-94%                                            
  Fresh  90%                 8       284,936     $212.00     $219.00     $213.93
  Frozen 90%                                               
  Fresh  85%                 3        78,300     $190.78     $197.28     $192.15
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 1        40,666     $111.00     $111.00     $111.00
  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%              3        47,945     $224.00     $230.00     $229.29
  Frozen 92-94%                                            
  Fresh  90%                11       407,816     $212.00     $219.00     $214.26
  Frozen 90%                
  Fresh  85%                13       420,764     $186.00     $197.28     $190.36
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 8       182,666     $111.00     $123.00     $118.80
  Frozen 65%                                               
  Fresh  50%                
  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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