Imported Beef Trade Report

NW_LS421
Des Moines, IA          Wed, Dec 29, 2010            USDA Market News

IMPORT BEEF TRADE

Compared to Last Week:  Market activity on imported beef was very slow
and prices were mostly weak to 1.00 lower on a very light market test.
Profit taking ahead of the holiday period lead to the slightly weaker
pricing. Post-holiday offers remained mostly steady. Import supplies
were very scarce as the packing plants in Australia and New Zealand
remained closed during the holiday season.


AUSTRALIA AND NEW ZEALAND - FOB AND TIS
                                   0-15 Days
BULL MEAT:         East Coast                  West Coast
     95%                                              196.00
COW MEAT:
     95%                                              195.00
     90%                 188.50                       188.00
CFM Fores 85%            183.00
Shank 85-90%
Chuck 85%
Beef Trim 85%
Beef Trim 80%
Beef Trim 75%
Beef Trim 70%
Beef Trim 65%
100 % LEAN:
 Top Rounds
 Flats & Eyes
 S.P.B.
                                   16-45 Days
BULL MEAT:         East Coast                  West Coast
     95%                                      195.00- 196.00
COW MEAT:
     95%
     90%
CFM Fores 85%
Shank 85-90%
Chuck 85%
Beef Trim 85%
Beef Trim 80%
Beef Trim 75%
-----------------------------------------------------------------------------
URUGUAY - FOB AND TIS
BULL MEAT:         0-15 Days                    16-45 Days
     95%
COW MEAT:
     95%
     90%
CFM Fores 85%
Beef Trim 85%
Beef Trim 80%
Beef Trim 75%

Source:          USDA Market News, Des Moines, IA
                 Phone: 515-284-4460   email: desm.lgmn@usda.gov
                 24 Hour recorded market information 515-284-4830
                 www.ams.usda.gov/LSMarketNews
1300C



.

1. Help for flood affected farmers
2. Representative Lucas discusses new Farm Bill
3. U.S. May consumer sentiment highest in nearly 6 years
4. Cattle producers turn to MSU for reproduction class
5. NCBA Op-Ed: EPA’s data sharing incident a debacle
6. Cow-calf corner: Review calving season and make improvements

1. New school lunch beef recipes win approval from kids, foodservice
2. Drier weather to give big boost to U.S. corn plantings
3. Prices for corn and soybeans, five years from now
4. Agriculture is expected to remain strong in the coming decade
5. What sick day? Farmers take just three a year
6. Senate Agriculture Committee completes Farm Bill markup

1. Insects. They’re what’s for dinner!
2. Tyson selects panel to monitor animal welfare program
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
5. Buffet concerned about soil and starvation
6. Cold spring stunts upper Midwest hay crop