Boneless Cow Beef & Beef Trimmings - Morning

LM_XB400
Des Moines, IA                  Fri, Mar 01, 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 weak to 1.00 lower; 85% lean 1.00
to 2.00 higher on a light test; 65% lean mostly steady; All other lean 
percentages not fully established.


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

Central                   9.30  Loads   --                       371,812  pounds
National                 25.29  Loads   --                     1,011,581  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                 4       164,885     $211.00     $217.00     $213.83
  Frozen 90%                                               
  Fresh  85%                 5       146,311     $196.00     $198.29     $198.02
  Frozen 85%                                               
  Fresh  81%                 1        40,896     $179.61     $179.61     $179.61
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 1        13,566     $149.98     $149.98     $149.98
  Frozen 73%                                               
  Fresh  65%                 1         6,154     $117.00     $117.00     $117.00
  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%              3        51,744     $227.75     $230.00     $228.78
  Frozen 92-94%                                            
  Fresh  90%                12       344,885     $211.00     $218.00     $214.18
  Frozen 90%                                               
  Fresh  85%                 9       274,311     $194.00     $198.29     $196.63
  Frozen 85%                                               
  Fresh  81%                 1        40,896     $179.61     $179.61     $179.61
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                 1        13,566     $149.98     $149.98     $149.98
  Frozen 73%                                               
  Fresh  65%                 6       107,809     $117.00     $123.00     $121.49
  Frozen 65%                                               
  Fresh  50%                
  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
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