LM_XB400
Des Moines, IA                  Thu, Jul 03, 2008               USDA Market News

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

This report is based on information provided by companies that agreed to
continue to participate in Livestock Mandatory Reporting on a voluntary basis.

FOB Plant basis negotiated sales for delivery within 0-21 day period, including
sales since last report, U.S.dollars per 100 pounds.

Comnpared to last market test: Lean boneless beef steady; 92-94% lean higher; 
other lean percentages not established. Demand and offerings light to moderate.



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

Central                  18.49  Loads   --                       739,551  pounds
National                 39.39  Loads   --                     1,575,582  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%              8       168,000     $186.00     $188.00     $186.53
  Frozen 92-94%                                                 
  Fresh  90%                18       482,798     $179.00     $180.11     $179.57
  Frozen 90%                                                    
  Fresh  85%                 
  Frozen 85%                                                    
  Fresh  81%                                                    
  Frozen 81%                                                    
  Fresh  75%                 
  Frozen 75%                                                    
  Fresh  73%                 
  Frozen 73%                                                    
  Fresh  65%                 
  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%              8       168,000     $186.00     $188.00     $186.53
  Frozen 92-94%                                                 
  Fresh  90%                18       482,798     $179.00     $180.11     $179.57
  Frozen 90%                                                    
  Fresh  85%                 
  Frozen 85%                                                    
  Fresh  81%                                                    
  Frozen 81%                                                    
  Fresh  75%                 
  Frozen 75%                                                    
  Fresh  73%                 
  Frozen 73%                                                    
  Fresh  65%                 
  Frozen 65%                                                    
  Fresh  50%                28       836,031      $82.00      $88.00      $84.32
  Frozen 50%
Bull Product
  Fresh  94-96%                                                 
  Frozen 94-96%                                                 
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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






.