Boneless Cow Beef & Beef Trimmings - Afternoon

LM_XB401
Des Moines, IA                  Fri, Mar 15, 2013               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 last market test: Lean boneless was weak to  1.00 lower; 85% was 
unevenly steady; 65% was weak to lower; Other lean percentages were not fully
established. Beef trimmings firm on light to moderate demand and light 
offerings.

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

Central                  22.30  Loads   --                       892,154  pounds
National                 47.79  Loads   --                     1,911,753  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%            
  Frozen 92-94%                                            
  Fresh  90%                13       425,125     $217.00     $223.00     $219.48
  Frozen 90%              
  Fresh  85%                11       369,411     $197.00     $203.81     $200.05
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 3        51,000     $122.00     $125.03     $124.46
  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        96,571     $227.48     $232.00     $229.60
  Frozen 92-94%                                            
  Fresh  90%                19       562,960     $216.50     $223.00     $219.25
  Frozen 90%                 3       189,000     $214.00     $219.00     $214.56
  Fresh  85%                20       550,335     $193.00     $203.81     $199.53
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                13       205,965     $122.00     $126.00     $124.63
  Frozen 65%                                               
  Fresh  50%                10       306,922      $87.08      $88.50      $88.10
  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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