Imported Beef Trade Report

NW_LS421
Des Moines, IA     Wed, Mar 14, 2012     USDA Market News

IMPORT BEEF TRADE

Compared to Last Week:  Market activity on imported beef was slow
and prices were mostly weak to 1.00 lower. Good demand and tight
supplies were offset by the weaker dollar and instability in the
marketplace. Widespread flooding in southern Australia continued
to pressure slaughter schedules and cattle marketings.



AUSTRALIA AND NEW ZEALAND - FOB AND TIS
                                   0-15 Days
BULL MEAT:         East Coast                  West Coast
     95%                 230.00               229.00- 230.00
COW MEAT:
     95%
     90%                 216.00                       216.00
CFM Fores 85%
Shank 85-90%
Chuck 85%
Beef Trim 85%            199.00
Beef Trim 80%            184.00
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%                 230.00                       229.00
COW MEAT:
     95%
     90%                 216.00                       216.00
CFM Fores 85%
Shank 85-90%
Chuck 85%
Beef Trim 85%            199.00
Beef Trim 80%            184.00
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 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

1. Meat and poultry trends in the U.S.
2. Corn and soybean prices continue to retrace 2012 drought rally
3. Ag markets generally mixed to start this week
4. USDA announces Conservation Reserve Program sign-up
5. Survey reveals most Americans in favor of COOL
6. Michigan hay buyers should plan purchases early

1. Ag markets were mixed to start the new week
2. U.S. cattle placements rise in April as feed costs subside
3. Schwieterman: Cattle futures end week with sharp losses
4. Insects. They’re what’s for dinner!
5. Hay buyers should plan purchases early
6. The relationship between retail gasoline prices and futures prices

1. Tyson selects panel to monitor animal welfare program
2. Buffet concerned about soil and starvation
3. 2014 Farm Bill: Are we near an agreement?
4. BeefTalk: How do we get the next generation to raise beef?
5. Farm bill and immigration reform action needed
6. Boxed beef hits record highs, cattle weak to lower