Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Fri, May 24, 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 mostly 
weak to lower; 75% was firm on a light test; Other lean percentages were 
not fully established. Beef trimmings lower on light demand and moderate 
offerings.

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

Central                  26.36  Loads   --                     1,054,376  pounds
National                 45.04  Loads   --                     1,801,601  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              3        66,450     $209.65     $212.00     $211.85
  Frozen 92-94%                                            
  Fresh  90%                17       687,271     $188.00     $201.15     $198.81
  Frozen 90%                                               
  Fresh  85%                 6       175,539     $185.00     $194.00     $188.48
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3       104,116     $162.00     $166.00     $163.35
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 1        21,000     $128.32     $128.32     $128.32
  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%              9       220,542     $206.00     $213.62     $209.77
  Frozen 92-94%                                            
  Fresh  90%                20       739,693     $188.00     $202.81     $199.00
  Frozen 90%                                               
  Fresh  85%                 9       265,369     $185.00     $194.00     $189.23
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3       104,116     $162.00     $166.00     $163.35
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 6        62,589     $125.00     $128.32     $126.42
  Frozen 65%                                               
  Fresh  50%                12       409,292      $77.94      $92.75      $83.51
  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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