Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400
Des Moines, IA                  Mon, Apr 30, 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 was steady to firm; 85% was
unevenly steady; 81% was mostly 3.00 higher; 75% was mostly 1.00 lower on a 
light market test; 65% was unevenly steady; Other lean percentages were not
fully established.

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

Central                  26.03  Loads   --                     1,041,062  pounds
National                 39.71  Loads   --                     1,588,446  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              6        87,100     $232.29     $238.70     $235.17
  Frozen 92-94%                                            
  Fresh  90%                15       400,761     $222.87     $226.50     $224.74
  Frozen 90%                                               
  Fresh  85%                 6       173,970     $210.09     $217.00     $210.87
  Frozen 85%                                               
  Fresh  81%                
  Frozen 81%                                               
  Fresh  75%                 2        35,700     $163.95     $165.42     $164.12
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 8       301,531     $110.15     $113.17     $112.74
  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%              8       161,100     $226.30     $238.70     $233.97
  Frozen 92-94%                                            
  Fresh  90%                16       410,936     $222.87     $226.50     $224.77
  Frozen 90%                                               
  Fresh  85%                13       341,587     $210.09     $217.00     $212.00
  Frozen 85%                                               
  Fresh  81%                 3       122,000     $193.00     $203.67     $199.38
  Frozen 81%                                               
  Fresh  75%                 3        41,494     $163.95     $165.74     $164.35
  Frozen 75%                                               
  Fresh  73%                
  Frozen 73%                                               
  Fresh  65%                17       496,431     $110.15     $125.00     $116.17
  Frozen 65%                                               
  Fresh  50%                                               
  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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