Boneless Cow Beef & Beef Trimmings - Morning

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LM_XB400
Des Moines, IA                  Fri, Jan 18, 2013               USDA Market News

NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales - Morning

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 mostly steady to weak; 85% lean
firm to 2.00 higher; 65% lean steady to 1.00 lower; All other lean percentages
not fully established.


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

Central                   8.86  Loads   --                       354,244  pounds
National                 37.91  Loads   --                     1,516,596  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                 3       126,120     $210.00     $212.00     $210.81
  Frozen 90%                                               
  Fresh  85%                 3        59,602     $188.00     $196.00     $193.07
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 2        28,100     $165.00     $173.73     $165.65
  Frozen 75%                                               
  Fresh  73%                 1        19,822     $152.35     $152.35     $152.35
  Frozen 73%                                               
  Fresh  65%                 4       120,600     $121.00     $123.63     $122.63
  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%                                            
  Frozen 92-94%                                            
  Fresh  90%                 7       226,120     $207.00     $212.00     $209.84
  Frozen 90%                                               
  Fresh  85%                13       361,602     $188.00     $196.00     $189.82
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 2        28,100     $165.00     $173.73     $165.65
  Frozen 75%                                               
  Fresh  73%                 1        19,822     $152.35     $152.35     $152.35
  Frozen 73%                                               
  Fresh  65%                17       405,924     $121.00     $128.93     $123.61
  Frozen 65%                                               
  Fresh  50%                16       475,028      $62.00      $76.00      $72.46
  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
1130C






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