NW_LS421 Des Moines, IA Wed, Aug 27, 2008 USDA Market News IMPORT BEEF TRADE Compared to Last Week: Import beef trading activity remains very light. Therefore, prices for imported lean boneless beef are lower. End users continue to watch the domestic market and look for direction for purchasing imported lean beef. With domestic harvest levels at or near capacity and higher imported beef prices, end users have opted to purchase the more economically priced domestic beef while purchase imported beef on an as needed basis. AUSTRALIA AND NEW ZEALAND - FOB AND TIS 0-15 Days BULL MEAT: East Coast West Coast 95% 184.00- 185.00 187.00 COW MEAT: 95% 183.00- 185.00 90% 175.00- 178.00 177.00- 178.00 CFM Fores 85% 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% 183.00- 187.00 185.00- 186.00 COW MEAT: 95% 184.00- 186.00 90% 176.00- 178.00 176.00 CFM Fores 85% Shank 85-90% Chuck 85% Beef Trim 85% 168.00- 169.00 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 .