Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Thu, Jan 31, 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 was firm to 2.00 higher; 85% and 
65% were firm to higher; Other lean percentages were not fully established. 
Beef trimmings lower on light to moderate demand and moderate offerings.


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

Central                  41.08  Loads   --                     1,643,244  pounds
National                 99.11  Loads   --                     3,964,384  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              8       298,200     $220.38     $230.22     $228.75
  Frozen 92-94%                                            
  Fresh  90%                17       604,890     $210.00     $214.00     $212.69
  Frozen 90%                                               
  Fresh  85%                20       501,779     $185.00     $194.00     $188.79
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 2        84,000     $149.42     $149.42     $149.42
  Frozen 73%                                               
  Fresh  65%                 4       154,375     $110.00     $124.75     $118.26
  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%             14       442,200     $220.38     $230.22     $228.24
  Frozen 92-94%                                            
  Fresh  90%                31       939,378     $208.00     $216.00     $212.80
  Frozen 90%                                               
  Fresh  85%                32       827,779     $185.00     $199.74     $189.65
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 
  Frozen 75%                                               
  Fresh  73%                
  Frozen 73%                                               
  Fresh  65%                15       630,375     $110.00     $126.00     $123.54
  Frozen 65%                                               
  Fresh  50%                30     1,015,777      $62.00      $69.00      $64.63
  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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