LM_XB400 Des Moines, IA Tue, Nov 24, 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 mostly 2.00 higher on a light test; 65% was unevenly steady; Other lean percentages were not fully established. CURRENT VOLUME - (one load equals 40,000 pounds) Central 8.99 Loads -- 359,420 pounds National 19.91 Loads -- 796,304 pounds -------------------------------------------------------------------------------- FOB Plant - Central # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- Chemical Lean Fresh 92-94% Frozen 92-94% Fresh 90% 7 192,120 $124.19 $128.00 $125.99 Frozen 90% Fresh 85% Frozen 85% Fresh 81% Frozen 81% Fresh 75% Frozen 75% Fresh 73% Frozen 73% Fresh 65% 3 85,000 $74.20 $77.00 $74.33 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% Frozen 92-94% Fresh 90% 7 192,120 $124.19 $128.00 $125.99 Frozen 90% Fresh 85% Frozen 85% Fresh 81% Frozen 81% Fresh 75% Frozen 75% Fresh 73% Frozen 73% Fresh 65% 4 86,866 $74.20 $77.00 $74.37 Frozen 65% Fresh 50% 16 435,018 $65.49 $70.00 $67.85 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 .