Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460
Des Moines, IA                Fri, Apr 13, 2012                 USDA Market News

NATIONAL/REGIONAL WEEKLY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales

FOB Plant basis negotiated sales for delivery within 0-21 day period, including
sales since last report, U.S.dollars per 100 pounds.

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

Central                  151.66  loads   --                    6,066,521  pounds
National                 410.31  loads   --                   16,412,420  pounds
East Coast                30.48  loads   --                    1,219,251  pounds
West Coast                39.79  loads   --                    1,591,505  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             22       249,535     $226.70     $239.00     $231.96
  Frozen 92-94%                                            
  Fresh  90%                85     2,278,560     $214.90     $227.00     $220.78
  Frozen 90%                 5       177,000     $219.00     $224.00     $220.80
  Fresh  85%                42     1,275,932     $199.90     $214.00     $206.71
  Frozen 85%                                               
  Fresh  81%                 7       260,400     $190.50     $190.50     $190.50
  Frozen 81%                                               
  Fresh  75%                19       492,382     $148.00     $173.00     $159.95
  Frozen 75%                                               
  Fresh  73%                 5       192,752     $148.00     $148.00     $148.00
  Frozen 73%                                               
  Fresh  65%                34     1,106,060      $92.50     $121.00     $103.55
  Frozen 65%                 2        24,000     $102.62     $113.62     $110.87
Bull Product
  Fresh  94-96%              3         4,200     $231.00     $236.00     $233.64
  Frozen 94-96%              2         5,700     $230.00     $245.00     $239.47
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             34       600,052     $226.70     $244.00     $233.89
  Frozen 92-94%                                            
  Fresh  90%               108     2,703,150     $214.90     $228.00     $220.99
  Frozen 90%                 5       177,000     $219.00     $224.00     $220.80
  Fresh  85%                73     2,180,055     $199.90     $214.00     $206.54
  Frozen 85%                                               
  Fresh  81%                10       380,400     $190.50     $197.60     $192.63
  Frozen 81%                                               
  Fresh  75%                28       619,848     $148.00     $176.63     $160.99
  Frozen 75%                                               
  Fresh  73%                 6       209,750     $148.00     $153.30     $148.43
  Frozen 73%                                               
  Fresh  65%                70     1,870,822      $92.50     $129.00     $107.69
  Frozen 65%                 5       126,300      $83.00     $124.00     $102.01
  Fresh  50%               169     5,347,763      $45.00      $67.50      $52.80
  Frozen 50%                61     2,187,380      $57.62      $78.00      $60.31
Bull Product
  Fresh  94-96%              3         4,200     $231.00     $236.00     $233.64
  Frozen 94-96%              2         5,700     $230.00     $245.00     $239.47
--------------------------------------------------------------------------------
FOB Plant - East Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             12       350,517     $227.00     $244.00     $235.27
  Frozen 92-94%                                            
  Fresh  90%                 9       213,841     $218.50     $228.00     $223.16
  Frozen 90%                                               
  Fresh  85%                 9       257,893     $203.84     $212.41     $208.07
  Frozen 85%                                               
  Fresh  81%                 3       120,000     $197.00     $197.60     $197.27
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 7       277,000     $106.67     $121.40     $115.15
  Frozen 65%                                               
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - West Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                14       210,749     $218.98     $228.00     $221.01
  Frozen 90%                                               
  Fresh  85%                22       646,230     $201.00     $208.39     $205.61
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 9       127,466     $157.58     $176.63     $164.99
  Frozen 75%                                               
  Fresh  73%                 1        16,998     $153.30     $153.30     $153.30
  Frozen 73%                                               
  Fresh  65%                29       487,762     $100.00     $129.00     $112.84
  Frozen 65%                 3       102,300      $83.00     $124.00      $99.93
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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