Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Mon, Feb 11, 2013               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 firm to 2.00 higher; 81% was firm; 65% was unevenly steady; Other 
lean percentages were not fully established. Beef trimmings higher on light 
to moderate demand and offerings. 

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

Central                  41.81  Loads   --                     1,672,489  pounds
National                 66.40  Loads   --                     2,655,807  pounds
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FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             10       159,600     $220.10     $226.00     $222.72
  Frozen 92-94%                                            
  Fresh  90%                24       666,489     $210.36     $214.93     $212.29
  Frozen 90%                                               
  Fresh  85%                11       328,329     $186.00     $200.78     $192.38
  Frozen 85%                                               
  Fresh  81%                 7       294,000     $174.67     $175.00     $174.95
  Frozen 81%                                               
  Fresh  75%                 5        99,017     $153.00     $160.00     $157.04
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 5       125,054     $111.00     $121.09     $116.27
  Frozen 65%                                               
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             12       212,547     $220.10     $226.00     $222.38
  Frozen 92-94%                                            
  Fresh  90%                28       724,489     $209.00     $214.93     $212.02
  Frozen 90%                                               
  Fresh  85%                20       537,935     $186.00     $200.78     $192.58
  Frozen 85%                                               
  Fresh  81%                 7       294,000     $174.67     $175.00     $174.95
  Frozen 81%                                               
  Fresh  75%                 5        99,017     $153.00     $160.00     $157.04
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                17       415,452     $111.00     $127.00     $121.06
  Frozen 65%                                               
  Fresh  50%                17       372,367      $63.13      $72.00      $65.98
  Frozen 50%
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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