Boneless Cow Beef & Trimmings - Negotiated Sales

LM_XB460
Des Moines, IA                Fri, Feb 15, 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                  212.36  loads   --                    8,494,340  pounds
National                 398.37  loads   --                   15,934,970  pounds
East Coast                36.89  loads   --                    1,475,492  pounds
West Coast                77.48  loads   --                    3,099,368  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             29       629,811     $220.10     $230.00     $224.83
  Frozen 92-94%                                            
  Fresh  90%               100     3,426,212     $210.36     $226.00     $213.27
  Frozen 90%                 3        54,600     $216.00     $217.00     $216.62
  Fresh  85%                93     2,898,889     $186.00     $201.00     $192.50
  Frozen 85%                                               
  Fresh  81%                 9       378,000     $174.67     $176.00     $175.04
  Frozen 81%                                               
  Fresh  75%                13       235,016     $150.00     $167.00     $156.04
  Frozen 75%                                               
  Fresh  73%                 3       126,000     $149.14     $149.14     $149.14
  Frozen 73%                                               
  Fresh  65%                26       745,812     $111.00     $123.00     $117.29
  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%             44     1,008,799     $220.00     $230.00     $224.71
  Frozen 92-94%                                            
  Fresh  90%               134     4,491,513     $209.00     $226.00     $213.20
  Frozen 90%                11       376,740     $215.00     $219.00     $218.36
  Fresh  85%               137     4,170,959     $186.00     $202.63     $192.57
  Frozen 85%                                               
  Fresh  81%                 9       378,000     $174.67     $176.00     $175.04
  Frozen 81%                                               
  Fresh  75%                16       340,077     $150.00     $167.00     $156.34
  Frozen 75%                                               
  Fresh  73%                 3       126,000     $149.14     $149.14     $149.14
  Frozen 73%                                               
  Fresh  65%                78     2,177,112     $111.00     $129.50     $120.43
  Frozen 65%                                               
  Fresh  50%                87     2,322,320      $62.00      $74.50      $65.53
  Frozen 50%                23       543,450      $64.00      $79.35      $72.17
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - East Coast
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%             15       378,988     $220.00     $229.50     $224.53
  Frozen 92-94%                                            
  Fresh  90%                14       348,664     $209.00     $220.00     $212.86
  Frozen 90%                 1        28,140     $215.00     $215.00     $215.00
  Fresh  85%                12       404,000     $192.05     $202.63     $197.86
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 9       315,700     $117.00     $129.50     $128.51
  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%                20       716,637     $209.00     $215.00     $213.07
  Frozen 90%                 7       294,000     $219.00     $219.00     $219.00
  Fresh  85%                32       868,070     $186.00     $197.00     $190.33
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 3       105,061     $157.00     $157.00     $157.00
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                43     1,115,600     $117.00     $127.00     $120.24
  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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