Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Fri, Dec 07, 2012               USDA Market News

NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales - Afternoon

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 last market test: Lean boneless was mostly weak to 1.00 lower; 
85% was mostly firm to 1.00 higher; 65% was firm to higher; Other lean 
percentages were not fully established. Beef trimmings steady on light 
demand and offerings.

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

Central                  39.08  Loads   --                     1,563,268  pounds
National                 75.52  Loads   --                     3,020,675  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                22       642,523     $205.00     $209.00     $206.60
  Frozen 90%                                               
  Fresh  85%                20       684,448     $182.00     $195.01     $185.57
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 7       179,175     $117.00     $123.00     $121.50
  Frozen 65%                                               
Bull Product
  Fresh  94-96%              2        31,122     $223.00     $228.00     $223.24
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             
  Frozen 92-94%                                            
  Fresh  90%                28       887,271     $205.00     $209.75     $206.79
  Frozen 90%                                               
  Fresh  85%                29       884,448     $182.00     $195.01     $186.15
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                26       954,044     $117.00     $127.50     $123.33
  Frozen 65%                                               
  Fresh  50%                 8       215,790      $75.00      $79.00      $76.39
  Frozen 50%
Bull Product
  Fresh  94-96%              2        31,122     $223.00     $228.00     $223.24
  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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