Boneless Cow Beef & Beef Trimmings - Morning

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LM_XB400
Des Moines, IA                  Fri, Feb 15, 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 last market test: Lean boneless was firm to 2.00 higher; 85% was
unevenly steady; 65% was sharply higher; Other lean percentages were not fully
established.


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

Central                  17.30  Loads   --                       692,008  pounds
National                 49.40  Loads   --                     1,976,197  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              2        44,000     $226.44     $228.00     $226.51
  Frozen 92-94%                                            
  Fresh  90%                11       455,758     $212.00     $215.56     $214.53
  Frozen 90%                                               
  Fresh  85%                 5       144,100     $190.44     $197.00     $192.62
  Frozen 85%                                               
  Fresh  81%                
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 
  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       233,202     $225.25     $229.50     $227.01
  Frozen 92-94%                                            
  Fresh  90%                19       673,758     $212.00     $217.00     $214.43
  Frozen 90%                                               
  Fresh  85%                17       504,100     $190.00     $197.50     $194.13
  Frozen 85%                                               
  Fresh  81%                 
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                13       402,150     $117.00     $129.50     $126.50
  Frozen 65%                                               
  Fresh  50%                 7       120,987      $65.00      $72.00      $68.30
  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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