Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Thu, May 23, 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% trimmings were unevenly
steady; 65% was firm to 2.00 higher; Other lean percentages were not fully
established. Beef trimmings higher on moderate demand and light to moderate 
offerings. 

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

Central                  26.38  Loads   --                     1,055,119  pounds
National                 45.78  Loads   --                     1,831,337  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              5       172,400     $211.86     $213.22     $212.89
  Frozen 92-94%                                            
  Fresh  90%                14       453,030     $197.50     $202.00     $199.92
  Frozen 90%                                               
  Fresh  85%                11       296,689     $187.00     $192.15     $189.36
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 4       133,000     $128.32     $129.82     $129.17
  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%             12       330,756     $206.00     $213.62     $210.93
  Frozen 92-94%                                            
  Fresh  90%                18       527,030     $197.50     $202.50     $200.28
  Frozen 90%                                               
  Fresh  85%                13       348,544     $187.00     $192.55     $189.29
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 4       133,000     $128.32     $129.82     $129.17
  Frozen 65%                                               
  Fresh  50%                19       492,007      $86.00      $95.50      $90.47
  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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