Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Tue, Jan 08, 2013               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 and 85% were unevenly steady; 
65% was mostly 1.00 to 2.00 lower; Other lean percentages were not fully 
established. Beef trimmings steady on light to moderate demand and offerings.


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

Central                  17.17  Loads   --                       686,723  pounds
National                 43.03  Loads   --                     1,721,054  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                12       493,400     $209.00     $214.00     $210.57
  Frozen 90%                                               
  Fresh  85%                 2        45,000     $185.58     $187.00     $185.67
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 4       148,323     $120.00     $122.00     $121.00
  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%                                            
  Frozen 92-94%                                            
  Fresh  90%                19       760,243     $208.00     $214.00     $210.47
  Frozen 90%                                               
  Fresh  85%                11       141,200     $184.00     $190.00     $186.49
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                12       257,738     $120.00     $124.00     $121.92
  Frozen 65%                                               
  Fresh  50%                17       561,873      $70.50      $75.50      $74.76
  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

.

1. Got Milk? How much is too much?
2. E85 consumption remains the same despite incentives
3. Ag markets moved mostly higher Wednesday morning
4. Wet conditions threaten hay crop as harvest is delayed
5. UNL crop-residue presentations available online
6. Cow slaughter through May likely to exceed same period in 2012

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. Experts weigh in on lowest beef supply in 60 years

1. COOL isn’t working
2. Feedyard margins a train wreck, packers cozy
3. New ads emphasize agriculture’s role in economic recovery
4. 2100: 11 billion mouths to feed
5. New tools emerging to measure soil health
6. Changes in U.S.-Mexican cattle and beef trade