LM_XB400 Des Moines, IA Fri, Nov 20, 2009 USDA Market News NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS - Negotiated Sales - Morning 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 2.00 to 3.00 lower; 65% was mostly firm to 1.00 higher; Other lean percentages were not fully etablished. CURRENT VOLUME - (one load equals 40,000 pounds) Central 19.08 Loads -- 763,017 pounds National 27.97 Loads -- 1,118,743 pounds -------------------------------------------------------------------------------- FOB Plant - Central # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- Chemical Lean Fresh 92-94% 3 73,500 $130.25 $130.50 $130.46 Frozen 92-94% Fresh 90% 15 490,872 $120.00 $124.00 $121.84 Frozen 90% Fresh 85% Frozen 85% Fresh 81% Frozen 81% Fresh 75% Frozen 75% Fresh 73% Frozen 73% Fresh 65% 6 182,945 $73.74 $79.00 $76.28 Frozen 65% Bull Product Fresh 94-96% 2 5,700 $144.00 $144.00 $144.00 Frozen 94-96% -------------------------------------------------------------------------------- FOB Plant - National # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- Chemical Lean Fresh 92-94% 4 115,500 $130.25 $131.25 $130.75 Frozen 92-94% Fresh 90% 15 490,872 $120.00 $124.00 $121.84 Frozen 90% Fresh 85% Frozen 85% Fresh 81% Frozen 81% Fresh 75% Frozen 75% Fresh 73% Frozen 73% Fresh 65% 9 272,945 $73.50 $79.00 $75.37 Frozen 65% Fresh 50% 8 181,726 $66.00 $71.00 $67.72 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 1130C .