Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460
Des Moines, IA                Fri, May 04, 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                  161.80  loads   --                    6,472,067  pounds
National                 280.00  loads   --                   11,199,846  pounds
East Coast                34.69  loads   --                    1,387,721  pounds
West Coast                 8.76  loads   --                      350,219  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             23       309,349     $232.29     $243.00     $238.61
  Frozen 92-94%                                            
  Fresh  90%                91     2,573,112     $222.87     $232.00     $226.06
  Frozen 90%                 1        42,000     $228.00     $228.00     $228.00
  Fresh  85%                58     1,758,854     $209.09     $224.11     $211.69
  Frozen 85%                                               
  Fresh  81%                 8       302,400     $192.00     $196.00     $193.39
  Frozen 81%                                               
  Fresh  75%                22       527,578     $163.95     $180.00     $167.81
  Frozen 75%                                               
  Fresh  73%                 5       210,687     $164.00     $169.00     $165.02
  Frozen 73%                                               
  Fresh  65%                21       685,869     $109.15     $129.00     $113.53
  Frozen 65%                                               
Bull Product
  Fresh  94-96%              3        62,218     $235.00     $239.00     $235.72
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             38       699,512     $226.30     $248.00     $239.56
  Frozen 92-94%                                            
  Fresh  90%               106     2,984,877     $222.87     $233.50     $226.38
  Frozen 90%                 1        42,000     $228.00     $228.00     $228.00
  Fresh  85%                73     2,111,987     $209.09     $224.11     $212.12
  Frozen 85%                                               
  Fresh  81%                12       442,400     $192.00     $203.67     $196.28
  Frozen 81%                                               
  Fresh  75%                28       612,554     $163.63     $180.00     $167.27
  Frozen 75%                                               
  Fresh  73%                 6       223,678     $156.00     $169.00     $164.50
  Frozen 73%                                               
  Fresh  65%                36     1,030,781     $106.63     $140.00     $117.72
  Frozen 65%                                               
  Fresh  50%               106     2,943,399      $69.00      $93.00      $83.47
  Frozen 50%                                               
Bull Product
  Fresh  94-96%              3        62,218     $235.00     $239.00     $235.72
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - East Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             15       390,163     $226.30     $248.00     $240.31
  Frozen 92-94%                                            
  Fresh  90%                13       396,479     $225.50     $233.50     $228.45
  Frozen 90%                                               
  Fresh  85%                 8       186,579     $212.50     $217.00     $215.67
  Frozen 85%                                               
  Fresh  81%                 4       140,000     $201.80     $203.67     $202.52
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 7       274,500     $120.00     $140.00     $129.48
  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%                 2        15,286     $226.00     $227.45     $226.48
  Frozen 90%                                               
  Fresh  85%                 7       166,554     $210.00     $213.00     $212.74
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 6        84,976     $163.63     $169.58     $163.94
  Frozen 75%                                               
  Fresh  73%                 1        12,991     $156.00     $156.00     $156.00
  Frozen 73%                                               
  Fresh  65%                 8        70,412     $106.63     $120.58     $112.72
  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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