Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Mon, Feb 04, 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 mostly steady to firm; 
85% was unevenly steady; 81% was mostly steady; 75% and 65% were unevenly 
steady; Other lean percentages were not fully established. Beef trimmings 
lower on light demand and  offerings.

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

Central                  49.42  Loads   --                     1,976,831  pounds
National                 73.47  Loads   --                     2,938,935  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              8        79,800     $220.61     $226.14     $222.14
  Frozen 92-94%                                            
  Fresh  90%                34       986,309     $210.97     $215.17     $212.45
  Frozen 90%                                               
  Fresh  85%                12       364,403     $186.00     $202.74     $189.54
  Frozen 85%                                               
  Fresh  81%                 9       363,300     $174.00     $174.67     $174.19
  Frozen 81%                                               
  Fresh  75%                 5       101,000     $156.99     $159.00     $157.79
  Frozen 75%                                               
  Fresh  73%                
  Frozen 73%                                               
  Fresh  65%                 2        40,931     $120.00     $124.12     $120.21
  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       144,970     $220.61     $229.00     $221.90
  Frozen 92-94%                                            
  Fresh  90%                40     1,072,309     $209.00     $215.17     $212.26
  Frozen 90%                                               
  Fresh  85%                30       747,954     $185.00     $202.74     $189.60
  Frozen 85%                                               
  Fresh  81%                 9       363,300     $174.00     $174.67     $174.19
  Frozen 81%                                               
  Fresh  75%                 7       107,670     $155.00     $159.00     $157.61
  Frozen 75%                                               
  Fresh  73%                 
  Frozen 73%                                               
  Fresh  65%                13       253,662     $120.00     $126.00     $122.95
  Frozen 65%                                               
  Fresh  50%                 7       207,982      $65.00      $66.75      $65.79
  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
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