Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Wed, Dec 12, 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 1.00 lower; 85% was 
unevenly steady; 75% was weak to lower; 65% was firm to higher; Other lean 
percentages were not fully established. Beef trimmings higher on light
to moderate demand and light offerings.

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

Central                  39.00  Loads   --                     1,560,173  pounds
National                 65.35  Loads   --                     2,613,978  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                22       775,397     $204.00     $209.26     $206.59
  Frozen 90%                 3       105,000     $215.00     $219.00     $218.20
  Fresh  85%                 7       210,117     $182.00     $197.00     $186.96
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 1        10,195     $158.00     $158.00     $158.00
  Frozen 75%                                               
  Fresh  73%                 3       126,000     $150.86     $150.86     $150.86
  Frozen 73%                                               
  Fresh  65%                 7       281,464     $120.50     $122.50     $121.55
  Frozen 65%                                               
Bull Product
  Fresh  94-96%              3        52,000     $221.00     $223.00     $222.62
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                27       944,546     $204.00     $209.26     $206.58
  Frozen 90%                 4       147,000     $215.00     $219.00     $217.86
  Fresh  85%                17       408,317     $181.00     $197.00     $186.53
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3        76,293     $149.00     $158.00     $150.20
  Frozen 75%                                               
  Fresh  73%                 3       126,000     $150.86     $150.86     $150.86
  Frozen 73%                                               
  Fresh  65%                17       649,464     $118.00     $127.50     $123.91
  Frozen 65%                                               
  Fresh  50%                 7       210,358      $76.00      $78.00      $77.18
  Frozen 50%
Bull Product
  Fresh  94-96%              3        52,000     $221.00     $223.00     $222.62
  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
1530C

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