Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460
Des Moines, IA                Fri, Oct 12, 2012                 USDA Market News

NATIONAL/REGIONAL WEEKLY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales

FOB Plant basis negotiated sales for delivery within 0-21 day period, including
sales since last report, U.S.dollars per 100 pounds.

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

Central                  199.94  loads   --                    7,997,589  pounds
National                 345.90  loads   --                   13,836,009  pounds
East Coast                34.71  loads   --                    1,388,281  pounds
West Coast                36.22  loads   --                    1,448,792  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             18       439,000     $209.00     $214.00     $210.83
  Frozen 92-94%                                            
  Fresh  90%               160     5,262,872     $198.00     $209.08     $201.29
  Frozen 90%                                               
  Fresh  85%                38     1,012,044     $178.00     $195.18     $183.70
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $169.00     $169.00     $169.00
  Frozen 81%                                               
  Fresh  75%                 7       259,418     $141.00     $156.03     $142.83
  Frozen 75%                                               
  Fresh  73%                 4       168,000     $137.33     $137.33     $137.33
  Frozen 73%                                               
  Fresh  65%                18       579,515     $106.50     $113.00     $107.66
  Frozen 65%                                               
Bull Product
  Fresh  94-96%              6        24,740     $211.00     $230.00     $214.43
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             39       935,682     $208.00     $218.00     $211.23
  Frozen 92-94%                                            
  Fresh  90%               179     5,739,130     $198.00     $210.00     $201.45
  Frozen 90%                                               
  Fresh  85%                58     1,510,414     $178.00     $195.18     $184.51
  Frozen 85%                                               
  Fresh  81%                 8       302,000     $169.00     $177.80     $170.30
  Frozen 81%                                               
  Fresh  75%                11       358,418     $141.00     $156.03     $143.46
  Frozen 75%                                               
  Fresh  73%                 4       168,000     $137.33     $137.33     $137.33
  Frozen 73%                                               
  Fresh  65%                63     1,796,278     $105.00     $113.00     $108.15
  Frozen 65%                                               
  Fresh  50%               102     2,681,921      $50.00      $58.00      $53.11
  Frozen 50%                13       319,426      $52.00      $63.05      $58.17
Bull Product
  Fresh  94-96%              6        24,740     $211.00     $230.00     $214.43
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - East Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             21       496,682     $208.00     $218.00     $211.58
  Frozen 92-94%                                            
  Fresh  90%                15       394,596     $200.00     $210.00     $203.43
  Frozen 90%                                               
  Fresh  85%                 8       255,003     $182.00     $190.76     $187.10
  Frozen 85%                                               
  Fresh  81%                 2        50,000     $175.50     $177.80     $176.88
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 4       192,000     $110.50     $110.50     $110.50
  Frozen 65%                                               
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - West Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                 4        81,662     $201.29     $204.00     $202.12
  Frozen 90%                                               
  Fresh  85%                12       243,367     $179.75     $186.36     $185.14
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 4        99,000     $144.00     $148.77     $145.14
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                41     1,024,763     $105.00     $109.00     $107.99
  Frozen 65%                                               
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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