Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Wed, Feb 27, 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 the last market test: Lean boneless steady to firm; 85% lean firm to
1.00 higher; 65% lean 1.00 to 2.00 higher; All other lean percentages not fully
established. Beef trimmings generally steady on light demand and offerings.


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

Central                  36.86  Loads   --                     1,474,528  pounds
National                 78.34  Loads   --                     3,133,574  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              3        23,100     $223.49     $228.54     $224.87
  Frozen 92-94%                                            
  Fresh  90%                21       686,467     $214.14     $218.00     $215.83
  Frozen 90%                 1        21,000     $220.00     $220.00     $220.00
  Fresh  85%                13       471,148     $189.00     $205.00     $196.68
  Frozen 85%                                               
  Fresh  81%                 3       117,600     $175.00     $175.00     $175.00
  Frozen 81%                                               
  Fresh  75%                 6        95,133     $153.97     $162.00     $157.61
  Frozen 75%                                               
  Fresh  73%                 1        16,680     $149.98     $149.98     $149.98
  Frozen 73%                                               
  Fresh  65%                 3        43,400     $119.00     $124.12     $119.49
  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%              6       101,426     $221.00     $230.00     $225.44
  Frozen 92-94%                                            
  Fresh  90%                30     1,162,836     $213.00     $218.00     $215.41
  Frozen 90%                 4       147,000     $216.00     $220.00     $217.43
  Fresh  85%                23       755,951     $189.00     $205.00     $195.57
  Frozen 85%                                               
  Fresh  81%                 3       117,600     $175.00     $175.00     $175.00
  Frozen 81%                                               
  Fresh  75%                 8       113,821     $153.97     $162.00     $157.04
  Frozen 75%                                               
  Fresh  73%                 1        16,680     $149.98     $149.98     $149.98
  Frozen 73%                                               
  Fresh  65%                11       305,400     $119.00     $124.12     $121.77
  Frozen 65%                                               
  Fresh  50%                12       365,296      $70.00      $80.00      $74.18
  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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