Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Thu, Aug 01, 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 and 85% were unevenly steady; 
75% was weak to lower; 65% was firm to higher; Other lean percentages were 
not fully established. Beef trimmings generally steady on light to moderate 
demand and offerings.

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

Central                  61.74  Loads   --                     2,469,746  pounds
National                 79.23  Loads   --                     3,169,378  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              5       210,000     $211.51     $211.51     $211.51
  Frozen 92-94%                                            
  Fresh  90%                24       876,053     $198.00     $204.00     $199.12
  Frozen 90%                                               
  Fresh  85%                32     1,120,737     $185.00     $198.00     $187.27
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3       100,000     $157.00     $158.00     $157.20
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 4       162,956     $136.00     $138.98     $137.92
  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%             11       328,000     $206.50     $211.61     $210.02
  Frozen 92-94%                                            
  Fresh  90%                34     1,051,653     $196.00     $204.00     $199.28
  Frozen 90%                                               
  Fresh  85%                37     1,218,737     $185.00     $198.00     $187.75
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3       100,000     $157.00     $158.00     $157.20
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 6       194,956     $136.00     $138.98     $137.93
  Frozen 65%                                               
  Fresh  50%                13       276,032     $108.00     $115.00     $110.53
  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
1530C

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