Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Mon, Apr 30, 2012               USDA Market News

NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales - Afternoon

FOB Plant basis negotiated sales for delivery within 0-21 day period, including
sales since last report, U.S.dollars per 100 pounds.

Compared to last market test: Lean boneless was was steady to firm; 85% was
unevenly steady; 81% was mostly 3.00 higher; 75% was mostly 1.00 lower; 65% 
was unevenly steady; Other lean percentages were not fully established. Beef 
trimmings generally steady on light demand and offerings.

CURRENT VOLUME - (one load equals 40,000 pounds)

Central                  35.17  Loads   --                     1,406,676  pounds
National                 55.21  Loads   --                     2,208,280  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              9       113,719     $232.29     $243.00     $236.78
  Frozen 92-94%                                            
  Fresh  90%                19       531,797     $222.87     $226.50     $225.17
  Frozen 90%                                               
  Fresh  85%                10       304,170     $209.09     $217.00     $210.90
  Frozen 85%                                               
  Fresh  81%                 1        42,000     $193.00     $193.00     $193.00
  Frozen 81%                                               
  Fresh  75%                 3        51,114     $163.95     $168.63     $165.48
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                10       363,876     $110.15     $114.17     $112.99
  Frozen 65%                                               
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             11       187,719     $226.30     $243.00     $235.11
  Frozen 92-94%                                            
  Fresh  90%                20       541,972     $222.87     $226.50     $225.19
  Frozen 90%                                               
  Fresh  85%                17       471,787     $209.09     $217.00     $211.71
  Frozen 85%                                               
  Fresh  81%                 3       122,000     $193.00     $203.67     $199.38
  Frozen 81%                                               
  Fresh  75%                 5        62,702     $163.63     $168.63     $165.33
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                20       560,582     $110.15     $125.00     $115.96
  Frozen 65%                                               
  Fresh  50%                15       261,518      $86.00      $93.00      $88.90
  Frozen 50%
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
Regional Breakdown:
  Central - AR,CO,IA,IL,IN,KS,KY,LA,MI,MO,MN,MT,ND,NE,NM,OH,OK,SD,TN,TX,WI.
  National - all states
  East Coast - AL,CT,DC,DE,FL,GA,MA,MD,ME,MS,NC,NH,NJ,NY,PA,RI,SC,VA,VT,WV.
  West Coast - AK,AZ,CA,HI,ID,NV,OR,UT,WA,WY.
--------------------------------------------------------------------------------
Source:   USDA Market News Service, Des Moines, IA
          515-284-4460      email: desm.lgmn@usda.gov
          24 Hour recorded market information 515-284-4830
          http://www.ams.usda.gov/LSMarketNews
1530C

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