Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460
Des Moines, IA                Fri, Nov 16, 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                  219.13  loads   --                    8,765,194  pounds
National                 372.52  loads   --                   14,900,840  pounds
East Coast                27.51  loads   --                    1,100,472  pounds
West Coast                80.16  loads   --                    3,206,206  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             13       300,300     $212.82     $216.94     $215.50
  Frozen 92-94%                                            
  Fresh  90%               140     4,564,854     $202.00     $209.00     $204.63
  Frozen 90%                 2        42,000     $210.00     $212.00     $211.00
  Fresh  85%                74     2,162,373     $181.00     $195.00     $185.19
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $168.00     $168.00     $168.00
  Frozen 81%                                               
  Fresh  75%                13       299,537     $144.00     $153.00     $147.16
  Frozen 75%                                               
  Fresh  73%                 7       159,667     $145.09     $149.01     $148.34
  Frozen 73%                                               
  Fresh  65%                33       838,935     $113.00     $128.00     $117.29
  Frozen 65%                                               
Bull Product
  Fresh  94-96%             11       145,528     $217.00     $230.00     $220.63
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             24       575,036     $212.82     $224.00     $217.95
  Frozen 92-94%                                            
  Fresh  90%               162     5,437,094     $202.00     $209.00     $204.87
  Frozen 90%                 7       294,000     $204.00     $212.00     $208.00
  Fresh  85%               118     3,476,645     $180.00     $197.43     $185.79
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $168.00     $168.00     $168.00
  Frozen 81%                                               
  Fresh  75%                18       405,291     $144.00     $153.00     $146.38
  Frozen 75%                                               
  Fresh  73%                 7       159,667     $145.09     $149.01     $148.34
  Frozen 73%                                               
  Fresh  65%                86     2,326,611     $112.00     $128.00     $117.35
  Frozen 65%                                               
  Fresh  50%                73     1,679,318      $59.00      $81.00      $73.99
  Frozen 50%                11       149,650      $69.39      $86.50      $78.76
Bull Product
  Fresh  94-96%             11       145,528     $217.00     $230.00     $220.63
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - East Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              9       192,000     $217.00     $220.50     $219.17
  Frozen 92-94%                                            
  Fresh  90%                10       269,200     $205.00     $208.00     $206.64
  Frozen 90%                                               
  Fresh  85%                14       340,772     $183.00     $197.43     $191.25
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 7       298,500     $112.00     $123.50     $123.10
  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%              2        82,736     $224.00     $224.00     $224.00
  Frozen 92-94%                                            
  Fresh  90%                12       603,040     $204.40     $207.00     $205.89
  Frozen 90%                 5       252,000     $204.00     $211.00     $207.50
  Fresh  85%                30       973,500     $180.00     $191.00     $185.20
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 5       105,754     $144.00     $150.00     $144.15
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                46     1,189,176     $112.00     $119.85     $115.94
  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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