Imported Beef Trade Report

NW_LS421
Des Moines, IA     Wed, Dec 19, 2012     USDA Market News

IMPORT BEEF TRADE

Compared to Last Week:  Market activity on imported beef was moderate
and prices were mostly firm to 1.00 higher. Demand was moderate for
very light offerings. Nearby trading was moderate as buyers tried to
get ahead of the possible International Longshoremen's Association
strike on the East and Gulf Coasts. Prices for frozen domestic product
remained strong.


AUSTRALIA AND NEW ZEALAND - FOB AND TIS
                                   0-15 Days
BULL MEAT:         East Coast                  West Coast
     95%         234.00- 236.00                       231.00
COW MEAT:
     95%         234.00- 236.00
     90%         214.00- 218.00               214.00- 215.00
CFM Fores 85%    200.00- 202.00
Shank 85-90%
Chuck 85%
Beef Trim 85%    198.00- 200.00
Beef Trim 80%    183.00- 184.00
Beef Trim 75%
Beef Trim 70%
Beef Trim 65%
100 % LEAN:
 Top Rounds                                           260.00
 Flats & Eyes                                         250.00
 S.P.B.                                               240.00
                                   16-45 Days
BULL MEAT:         East Coast                  West Coast
     95%         232.00- 235.00                       231.00
COW MEAT:
     95%         233.00- 235.00
     90%         214.00- 218.00               214.00- 215.00
CFM Fores 85%    199.00- 201.00
Shank 85-90%
Chuck 85%
Beef Trim 85%    198.00- 200.00
Beef Trim 80%    183.00- 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. U.S. electricity prices grows 1.1% in 2013
2. Consider oats as a double crop after wheat
3. Jolley: What is to become of beef?
4. Ag markets moved generally higher Wednesday
5. U.S. coal prices steadily increase value
6. Angus breeders honored by the Beef Improvement Federation

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. 3,000 pounds of copper wire stolen from Oklahoma ranch
3. Changes in U.S.-Mexican cattle and beef trade
4. Crude oil expected to peak and cost of electricity to go down
5. Peterson Brothers: What summer vacation?
6. E. coli test leads to National Beef recall

1. COOL isn’t working
2. Feedyard margins a train wreck, packers cozy
3. Canadian CJD cases are “classical" form
4. Jolley: What is to become of beef?
5. Will Smith dethroned in latest Peterson Farm Bros. parody
6. New ads emphasize agriculture’s role in economic recovery