Imported Beef Trade Report

NW_LS421
Des Moines, IA     Wed, May 23, 2012     USDA Market News

IMPORT BEEF TRADE

Compared to Last Week:  Market activity on imported beef was slow and
prices were steady to weak with the exception bull meat which was
mostly 2.00 to 3.00  lower.  Outfront prices remained weak to lower.
Demand was light to moderate for moderate offerings.  The stronger
U.S. dollar and stronger nearby demand were offset by weaker than
anticipated seasonal demand, slow outfront sales and weak food
service demand.

AUSTRALIA AND NEW ZEALAND - FOB AND TIS
                                   0-15 Days
BULL MEAT:         East Coast                  West Coast
     95%         225.00- 226.00               219.00- 224.00
COW MEAT:
     95%
     90%         209.00- 210.00
CFM Fores 85%
Shank 85-90%
Chuck 85%
Beef Trim 85%    192.00- 194.00
Beef Trim 80%    170.00- 172.00
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%         225.00- 226.00               218.00- 219.00
COW MEAT:
     95%
     90%         209.00- 210.00                       203.00
CFM Fores 85%
Shank 85-90%
Chuck 85%
Beef Trim 85%    192.00- 194.00
Beef Trim 80%    170.00- 172.00
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. Former Eastern Livestock CEO, CFO sentenced for federal crimes
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4. Forage Focus: Pay attention to hay moisture
5. Oil falls as Fed minutes send U.S. equities down
6. Smooth transitions

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2. Michigan hay buyers should plan purchases early
3. Seven jobs more dangerous than farming
4. New animal identification rules aid disease traceability
5. Former Eastern Livestock CEO, CFO sentenced for federal crimes
6. Drought losses in Oklahoma top $400 million for 2012

1. Commentary: In praise of animal foods
2. Meat and climate change: How significant is the impact?
3. Seven jobs more dangerous than farming
4. Commentary: GMOs: How do I hate thee?
5. Survey reveals most Americans in favor of COOL
6. Boxed beef hits record highs, cattle weak to lower