Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460
Des Moines, IA                Fri, Jan 04, 2013                 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                  167.91  loads   --                    6,716,301  pounds
National                 327.24  loads   --                   13,089,489  pounds
East Coast                15.39  loads   --                      615,492  pounds
West Coast                82.14  loads   --                    3,285,549  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             13       191,100     $214.46     $217.37     $216.06
  Frozen 92-94%                                            
  Fresh  90%               103     3,641,688     $205.00     $217.00     $210.03
  Frozen 90%                 2        81,900     $215.00     $217.00     $216.03
  Fresh  85%                64     1,963,776     $182.00     $196.00     $185.58
  Frozen 85%                                               
  Fresh  81%                 6       252,000     $169.00     $169.00     $169.00
  Frozen 81%                                               
  Fresh  75%                 8       146,500     $153.00     $165.50     $159.92
  Frozen 75%                                               
  Fresh  73%                 2        84,000     $149.49     $149.49     $149.49
  Frozen 73%                                               
  Fresh  65%                17       316,537     $120.00     $131.00     $122.55
  Frozen 65%                                               
Bull Product
  Fresh  94-96%              6        38,800     $227.00     $237.00     $228.09
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             22       407,363     $214.00     $227.50     $218.51
  Frozen 92-94%                                            
  Fresh  90%               150     4,987,449     $203.00     $217.00     $209.66
  Frozen 90%                 2        81,900     $215.00     $217.00     $216.03
  Fresh  85%               105     2,844,176     $181.00     $196.00     $185.71
  Frozen 85%                12       441,000     $179.00     $187.00     $180.90
  Fresh  81%                 6       252,000     $169.00     $169.00     $169.00
  Frozen 81%                                               
  Fresh  75%                14       204,949     $151.00     $165.50     $157.75
  Frozen 75%                                               
  Fresh  73%                 3       124,192     $149.49     $161.00     $153.21
  Frozen 73%                                               
  Fresh  65%                45     1,067,513     $119.00     $131.00     $122.63
  Frozen 65%                 6       168,000     $123.00     $123.00     $123.00
  Fresh  50%                87     2,219,647      $72.85      $80.00      $75.50
  Frozen 50%                 7       252,500      $72.00      $83.00      $77.83
Bull Product
  Fresh  94-96%              6        38,800     $227.00     $237.00     $228.09
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - East Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              9       216,263     $214.00     $227.50     $220.67
  Frozen 92-94%                                            
  Fresh  90%                11       288,829     $204.00     $215.97     $212.60
  Frozen 90%                                               
  Fresh  85%                 3        92,400     $184.00     $189.25     $188.77
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 2        18,000     $124.00     $129.00     $124.56
  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%                36     1,056,932     $203.00     $209.00     $207.56
  Frozen 90%                                               
  Fresh  85%                38       788,000     $181.00     $190.00     $185.66
  Frozen 85%                12       441,000     $179.00     $187.00     $180.90
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 6        58,449     $151.00     $155.00     $152.32
  Frozen 75%                                               
  Fresh  73%                 1        40,192     $161.00     $161.00     $161.00
  Frozen 73%                                               
  Fresh  65%                26       732,976     $119.00     $126.00     $122.61
  Frozen 65%                 6       168,000     $123.00     $123.00     $123.00
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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