Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400
Des Moines, IA                  Thu, Jan 20, 2011               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 mostly was 1.00 to 2.00 higher;
85% was mostly 2.00 to 3.00 higher; 75% was sharply higher; Other lean 
percentages were not fully established.


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

Central                  23.14  Loads   --                       925,780  pounds
National                 31.21  Loads   --                     1,248,572  pounds
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FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              
  Frozen 92-94%                                            
  Fresh  90%                16       575,160     $187.00     $192.00     $189.89
  Frozen 90%                                               
  Fresh  85%                 6       136,000     $177.00     $182.00     $180.35
  Frozen 85%                                               
  Fresh  81%                 
  Frozen 81%                                               
  Fresh  75%                 5       159,900     $130.00     $140.00     $135.93
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 1        40,000     $113.00     $113.00     $113.00
  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%              
  Frozen 92-94%                                            
  Fresh  90%                16       575,160     $187.00     $192.00     $189.89
  Frozen 90%                                               
  Fresh  85%                 6       136,000     $177.00     $182.00     $180.35
  Frozen 85%                                               
  Fresh  81%                
  Frozen 81%                                               
  Fresh  75%                 6       165,493     $130.00     $140.00     $135.76
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 1        40,000     $113.00     $113.00     $113.00
  Frozen 65%                                               
  Fresh  50%                12       317,199      $79.95      $84.73      $83.15
  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

.

1. Beef is the centerpiece of many wacky minor league stadium menus
2. Commentary: Message to Occupy Monsanto: Occupy yourself
3. Canada cattle report: Canadian steer, heifer prices steady
4. A conversation with Dr. Jim Marsden about the safety of beef
5. Traders evening up positions ahead of the weekend Friday
6. Nearly 1,000 emaciated cattle found on N.M. ranch

1. Former Eastern Livestock CEO, CFO sentenced for federal crimes
2. Post-tornado composting a solution for disposal of dead livestock
3. TSCRA works with sale barns to catch Houston cattle thief
4. Michigan hay buyers should plan purchases early
5. More beef cows in worst drought regions than a year ago
6. New animal identification rules aid disease traceability

1. Commentary: In praise of animal foods
2. Meat industry associations quick to attack the new MCOOL rule
3. Seven jobs more dangerous than farming
4. What’s on America’s grill this weekend?
5. NASA backs 3D food printer to feed growing population
6. U.S. food labels seen heating up North America meat war