Imported Beef Trade Report

NW_LS421
Des Moines, IA          Wed, Jan 12, 2011            USDA Market News

IMPORT BEEF TRADE

Compared to Last Week:  Early week market activity on imported beef was
moderate to active and prices were sharply higher. Import supplies were
scarce. Outfront sales remained very light. The flooding in Australia
and its impact dominated the trade news. The market for frozen domestic
product was sharply higher as buyers continued to use it to bolster
their scarce import supplies.


AUSTRALIA AND NEW ZEALAND - FOB AND TIS
                                   0-15 Days
BULL MEAT:         East Coast                  West Coast
     95%         207.00- 210.00               205.00- 208.00
COW MEAT:
     95%                                              207.00
     90%         200.00- 201.00               197.00- 199.00
CFM Fores 85%
Shank 85-90%
Chuck 85%
Beef Trim 85%    190.00- 192.00
Beef Trim 80%    176.00- 178.00
Beef Trim 75%
Beef Trim 70%
Beef Trim 65%
100 % LEAN:
 Top Rounds
 Flats & Eyes
 S.P.B.
                                   16-45 Days
BULL MEAT:         East Coast                  West Coast
     95%         207.00- 210.00               208.00- 209.00
COW MEAT:
     95%
     90%                 200.00               198.00- 199.00
CFM Fores 85%
Shank 85-90%
Chuck 85%
Beef Trim 85%    190.00- 192.00
Beef Trim 80%    176.00- 178.00
Beef Trim 75%
-----------------------------------------------------------------------------
URUGUAY - FOB AND TIS
BULL MEAT:         0-15 Days                    16-45 Days
     95%
COW MEAT:
     95%
     90%
CFM Fores 85%
Beef Trim 85%
Beef Trim 80%
Beef Trim 75%

Source:          USDA Market News, Des Moines, IA
                 Phone: 515-284-4460   email: desm.lgmn@usda.gov
                 24 Hour recorded market information 515-284-4830
                 www.ams.usda.gov/LSMarketNews
1300C



.

1. UK beef study: Birth/weaning weight
2. Early preparation key to a good calving season
3. Oil gains moderately, trading sluggish ahead of Fed
4. House cafeterias to discontinue "Meatless Mondays"
5. Crude oil expected to peak and cost of electricity to go down
6. Ag markets mixed again Tuesday

1. 3,000 pounds of copper wire stolen from Oklahoma ranch
2. Will Smith dethroned in latest Peterson Farm Bros. parody
3. Changes in U.S.-Mexican cattle and beef trade
4. Experts weigh in on lowest beef supply in 60 years
5. Peterson Brothers: What summer vacation?
6. Pasture and range conditions improve

1. COOL isn’t working
2. NIAA releases white paper on FMD preparedness
3. Feedyard margins a train wreck, packers cozy
4. Finding the comedy in ag-gag
5. Vilsack: A bill to grow local, regional markets
6. Expert offers tips to reduce hay-drying time