Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400
Des Moines, IA                  Wed, Feb 13, 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 steady to 2.00 higher; 85% lean
steady to 1.00 lower; 65% lean steady on a light test; All other lean percentages
not fully established.


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

Central                  26.58  Loads   --                     1,063,380  pounds
National                 39.48  Loads   --                     1,579,280  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              1        42,000     $224.00     $224.00     $224.00
  Frozen 92-94%                                            
  Fresh  90%                21       785,293     $212.00     $226.00     $213.55
  Frozen 90%                                               
  Fresh  85%                 7       232,087     $190.00     $193.00     $191.27
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 1         4,000     $166.00     $166.00     $166.00
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                                               
  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%              1        42,000     $224.00     $224.00     $224.00
  Frozen 92-94%                                            
  Fresh  90%                22       807,293     $212.00     $226.00     $213.64
  Frozen 90%                                               
  Fresh  85%                11       314,087     $190.00     $193.00     $190.99
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 1         4,000     $166.00     $166.00     $166.00
  Frozen 75%                 1         1,690     $163.00     $163.00     $163.00
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 4        66,000     $117.00     $123.00     $118.45
  Frozen 65%                                               
  Fresh  50%                11       344,210      $63.00      $69.00      $64.42
  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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