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Imported Beef Trade Report

USDA   |   Updated: February 22, 2012


NW_LS421
Des Moines, IA     Wed, Feb 22, 2012     USDA Market News

IMPORT BEEF TRADE

Compared to Last Week:  Market activity on imported beef was moderate
to active and prices for lean were mostly 1.00 to 3.00 higher. Sharply
higher domestic prices, strong demand and tight supplies continued to
support the import market. There were some concerns that the market
would be weaker due to the beginning of the Lenten season but tight
domestic and import supplies and continued strong demand pushed
prices higher.

AUSTRALIA AND NEW ZEALAND - FOB AND TIS
                                   0-15 Days
BULL MEAT:         East Coast                  West Coast
     95%         225.00- 227.00               224.00- 226.00
COW MEAT:
     95%
     90%         215.00- 217.00                       213.00
CFM Fores 85%    197.00- 199.00
Shank 85-90%     209.00- 210.00
Chuck 85%
Beef Trim 85%    196.00- 197.00
Beef Trim 80%
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%         226.00- 228.00               225.00- 226.00
COW MEAT:
     95%
     90%         214.00- 216.00                       213.00
CFM Fores 85%    197.00- 199.00
Shank 85-90%     209.00- 210.00
Chuck 85%
Beef Trim 85%    196.00- 197.00
Beef Trim 80%
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 Service, Des Moines, IA
        Bryant Smith  515-284-4460  Desm.LGMN@ams.usda.gov
        24 Hour recorded market information 515-284-4830
        www.ams.usda.gov/mnreports/NW_LS421.txt
        www.ams.usda.gov/LSMarketNews

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