Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Mon, Apr 08, 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 moderately to sharply higher;
85% was unevenly steady; 81% was firm to 1.00 higher; 75% was mostly steady; 
65% was firm to higher; Other lean percentages were not fully established. 
Beef trimmings steady on light to moderate demand and offerings.

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

Central                  42.45  Loads   --                     1,698,198  pounds
National                 66.26  Loads   --                     2,650,348  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              9       118,700     $228.13     $232.00     $229.73
  Frozen 92-94%                                            
  Fresh  90%                31       829,060     $215.00     $222.00     $219.27
  Frozen 90%                                               
  Fresh  85%                13       384,909     $194.00     $207.35     $197.83
  Frozen 85%                                               
  Fresh  81%                 5       210,000     $176.00     $176.00     $176.00
  Frozen 81%                                               
  Fresh  75%                 4       113,612     $162.10     $167.00     $164.03
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 2        41,917     $128.00     $128.00     $128.00
  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%             12       194,766     $225.00     $232.00     $228.51
  Frozen 92-94%                                            
  Fresh  90%                36       978,337     $215.00     $222.00     $219.38
  Frozen 90%                                               
  Fresh  85%                18       425,354     $193.00     $207.35     $197.82
  Frozen 85%                                               
  Fresh  81%                 5       210,000     $176.00     $176.00     $176.00
  Frozen 81%                                               
  Fresh  75%                 4       113,612     $162.10     $167.00     $164.03
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 7       120,417     $128.00     $130.00     $128.58
  Frozen 65%                                               
  Fresh  50%                23       607,862      $92.00     $100.75      $95.62
  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
1530C

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