Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Tue, Dec 04, 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 mostly 2.00 to 3.00 higher; 
85% was mostly firm to 2.00 higher; 75% was lower; 65% was firm to higher; 
Other lean percentages were not fully established. Beef trimmings mostly 
steady on light to moderate demand and offerings.

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

Central                  37.57  Loads   --                     1,502,733  pounds
National                 68.21  Loads   --                     2,728,303  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                30       986,011     $206.00     $218.00     $209.13
  Frozen 90%                                               
  Fresh  85%                 6        68,100     $187.00     $194.00     $188.91
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 
  Frozen 75%                                               
  Fresh  73%                 
  Frozen 73%                                               
  Fresh  65%                 8       313,184     $117.00     $126.00     $118.98
  Frozen 65%                                               
Bull Product
  Fresh  94-96%              2        50,661     $221.00     $223.00     $222.17
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              
  Frozen 92-94%                                            
  Fresh  90%                33     1,105,699     $206.00     $218.00     $209.01
  Frozen 90%                                               
  Fresh  85%                18       354,552     $181.00     $194.56     $187.15
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 4       126,857     $143.00     $155.00     $147.09
  Frozen 75%                                               
  Fresh  73%                 2        82,172     $139.00     $142.00     $140.56
  Frozen 73%                                               
  Fresh  65%                16       499,184     $117.00     $126.00     $118.88
  Frozen 65%                                               
  Fresh  50%                24       467,494      $72.00      $81.00      $77.06
  Frozen 50%
Bull Product
  Fresh  94-96%              2        50,661     $221.00     $223.00     $222.17
  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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