Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400
Des Moines, IA                  Thu, Apr 12, 2012               USDA Market News

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

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 steady to weak; 85% was 
weak to 1.00 lower; 75% and 65% were moderately to sharply lower; Other 
lean percentages were not fully established.


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

Central                  34.50  Loads   --                     1,380,010  pounds
National                 51.04  Loads   --                     2,041,410  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              3        92,400     $228.00     $231.70     $228.34
  Frozen 92-94%                                            
  Fresh  90%                16       423,990     $219.00     $223.20     $221.89
  Frozen 90%                 2        84,000     $219.00     $219.00     $219.00
  Fresh  85%                13       414,420     $206.61     $209.00     $207.73
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 7       204,700     $148.00     $171.00     $154.60
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 4       160,500      $96.00      $96.00      $96.00
  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%              3        92,400     $228.00     $231.70     $228.34
  Frozen 92-94%                                            
  Fresh  90%                17       457,990     $219.00     $223.20     $221.76
  Frozen 90%                 2        84,000     $219.00     $219.00     $219.00
  Fresh  85%                16       449,220     $203.84     $210.50     $207.77
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 7       204,700     $148.00     $171.00     $154.60
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 7       270,750      $96.00     $105.00      $99.66
  Frozen 65%                                               
  Fresh  50%                14       482,350      $45.00      $65.00      $49.55
  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
1130C

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