Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460
Des Moines, IA                Fri, Jan 18, 2013                 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                  199.42  loads   --                    7,976,693  pounds
National                 363.16  loads   --                   14,526,446  pounds
East Coast                19.73  loads   --                      789,142  pounds
West Coast                53.13  loads   --                    2,125,035  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             19       376,733     $218.94     $228.00     $224.32
  Frozen 92-94%                                            
  Fresh  90%               128     4,352,452     $207.00     $216.00     $211.33
  Frozen 90%                 2        63,000     $217.00     $221.00     $219.67
  Fresh  85%                60     1,845,406     $184.00     $198.00     $187.58
  Frozen 85%                                               
  Fresh  81%                 9       378,000     $171.00     $177.00     $173.33
  Frozen 81%                                               
  Fresh  75%                 7       126,434     $156.58     $165.50     $160.77
  Frozen 75%                                               
  Fresh  73%                 5       176,297     $152.35     $152.49     $152.45
  Frozen 73%                                               
  Fresh  65%                22       645,171     $119.00     $130.93     $123.91
  Frozen 65%                                               
Bull Product
  Fresh  94-96%              4        11,100     $235.00     $240.00     $236.57
  Frozen 94-96%              1         2,100     $236.00     $236.00     $236.00
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             28       706,827     $218.94     $228.00     $222.10
  Frozen 92-94%                                            
  Fresh  90%               154     5,001,590     $207.00     $220.09     $211.31
  Frozen 90%                 2        63,000     $217.00     $221.00     $219.67
  Fresh  85%                99     2,882,355     $184.00     $198.00     $187.77
  Frozen 85%                                               
  Fresh  81%                 9       378,000     $171.00     $177.00     $173.33
  Frozen 81%                                               
  Fresh  75%                12       183,169     $153.00     $165.50     $159.23
  Frozen 75%                                               
  Fresh  73%                 5       176,297     $152.35     $152.49     $152.45
  Frozen 73%                                               
  Fresh  65%                64     1,486,432     $119.00     $132.50     $124.89
  Frozen 65%                                               
  Fresh  50%               102     3,031,916      $62.00      $79.50      $71.91
  Frozen 50%                25       603,660      $70.10      $83.00      $74.40
Bull Product
  Fresh  94-96%              4        11,100     $235.00     $240.00     $236.57
  Frozen 94-96%              1         2,100     $236.00     $236.00     $236.00
--------------------------------------------------------------------------------
FOB Plant - East Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              9       330,094     $219.00     $222.23     $219.56
  Frozen 92-94%                                            
  Fresh  90%                10       237,138     $208.00     $220.09     $212.41
  Frozen 90%                                               
  Fresh  85%                 2         4,160     $195.00     $196.00     $195.50
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 7       217,750     $123.00     $132.50     $131.56
  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%                16       412,000     $207.00     $212.00     $210.42
  Frozen 90%                                               
  Fresh  85%                37     1,032,789     $184.00     $192.00     $188.08
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 5        56,735     $153.00     $159.24     $155.79
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                35       623,511     $122.00     $128.93     $123.59
  Frozen 65%                                               
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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