Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460
Des Moines, IA                Fri, Apr 06, 2012                 USDA Market News

NATIONAL/REGIONAL WEEKLY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales

FOB Plant basis negotiated sales for delivery within 0-21 day period, including
sales since last report, U.S.dollars per 100 pounds.

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

Central                  162.25  loads   --                    6,489,955  pounds
National                 322.30  loads   --                   12,891,930  pounds
East Coast                33.78  loads   --                    1,351,057  pounds
West Coast                11.43  loads   --                      457,002  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             17       203,479     $225.00     $239.00     $232.85
  Frozen 92-94%                                            
  Fresh  90%                77     2,538,673     $214.00     $224.00     $218.20
  Frozen 90%                 4       266,500     $221.00     $225.00     $223.70
  Fresh  85%                55     1,705,825     $191.00     $212.71     $202.77
  Frozen 85%                                               
  Fresh  81%                12       339,600     $187.00     $191.50     $187.82
  Frozen 81%                                               
  Fresh  75%                14       345,289     $166.00     $178.55     $170.87
  Frozen 75%                                               
  Fresh  73%                 2        52,546     $159.75     $163.09     $160.42
  Frozen 73%                                               
  Fresh  65%                30       939,633      $93.50     $135.93     $113.30
  Frozen 65%                                               
Bull Product
  Fresh  94-96%              8        98,410     $227.00     $236.00     $229.33
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             38       712,078     $225.00     $239.00     $232.31
  Frozen 92-94%                                            
  Fresh  90%               100     2,997,339     $214.00     $224.00     $218.48
  Frozen 90%                 4       266,500     $221.00     $225.00     $223.70
  Fresh  85%                74     2,201,005     $191.00     $212.71     $203.82
  Frozen 85%                                               
  Fresh  81%                15       423,600     $187.00     $194.80     $188.84
  Frozen 81%                                               
  Fresh  75%                22       432,321     $162.63     $178.55     $170.75
  Frozen 75%                                               
  Fresh  73%                 3        60,045     $159.75     $167.70     $161.33
  Frozen 73%                                               
  Fresh  65%                40     1,106,716      $93.50     $135.93     $114.40
  Frozen 65%                                               
  Fresh  50%               129     4,123,636      $45.00      $87.00      $63.00
  Frozen 50%                14       470,280      $70.45     $104.00      $77.52
Bull Product
  Fresh  94-96%              8        98,410     $227.00     $236.00     $229.33
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - East Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             21       508,599     $225.00     $238.00     $232.09
  Frozen 92-94%                                            
  Fresh  90%                16       370,095     $217.50     $223.50     $219.98
  Frozen 90%                                               
  Fresh  85%                11       306,363     $200.00     $212.41     $209.09
  Frozen 85%                                               
  Fresh  81%                 3        84,000     $191.50     $194.80     $192.97
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 2        82,000      $97.50     $135.00     $116.71
  Frozen 65%                                               
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - West Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                 7        88,571     $218.21     $223.00     $220.26
  Frozen 90%                                               
  Fresh  85%                 8       188,817     $198.00     $205.72     $204.72
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 8        87,032     $162.63     $174.31     $170.25
  Frozen 75%                                               
  Fresh  73%                 1         7,499     $167.70     $167.70     $167.70
  Frozen 73%                                               
  Fresh  65%                 8        85,083      $99.48     $132.03     $124.26
  Frozen 65%                                               
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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