Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Fri, Dec 28, 2012               USDA Market News

NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales - Afternoon

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 1.00 to 2.00 higher; 85% lean 
mostly steady; 65% lean steady to weak; All other lean percentages not fully 
established. Beef trimmings higher on light demand and offerings. 


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

Central                  21.16  Loads   --                       846,466  pounds
National                 45.50  Loads   --                     1,820,172  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              1        42,000     $218.67     $218.67     $218.67
  Frozen 92-94%                                            
  Fresh  90%                11       262,142     $206.01     $212.00     $208.54
  Frozen 90%                 2        81,600     $214.00     $215.00     $214.51
  Fresh  85%                11       288,000     $183.00     $191.98     $184.85
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 2        59,758     $158.00     $159.00     $158.33
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 5       112,966     $120.00     $123.00     $120.69
  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%              4       135,242     $214.00     $219.30     $217.47
  Frozen 92-94%                                            
  Fresh  90%                15       342,142     $204.00     $212.00     $208.00
  Frozen 90%                 2        81,600     $214.00     $215.00     $214.51
  Fresh  85%                21       605,800     $182.00     $193.50     $185.51
  Frozen 85%                 2        84,000     $181.00     $181.00     $181.00
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                 2        59,758     $158.00     $159.00     $158.33
  Frozen 75%                                               
  Fresh  73%                 1         9,469     $149.00     $149.00     $149.00
  Frozen 73%                                               
  Fresh  65%                10       219,799     $120.00     $124.00     $121.79
  Frozen 65%                                               
  Fresh  50%                11       282,362      $70.00      $75.00      $72.59
  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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