LM_XB401 Des Moines, IA Fri, Nov 20, 2009 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 1.00 to 2.00 lower; 85% was 1.00 to 2.00 higher; 65% was unevenly steady; Other lean percentages were not fully established. Beef trimmings higher on light to moderate demand and light offerings. CURRENT VOLUME - (one load equals 40,000 pounds) Central 32.32 Loads -- 1,292,974 pounds National 43.14 Loads -- 1,725,610 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% 25 885,514 $120.00 $126.51 $121.85 Frozen 90% Fresh 85% 7 104,655 $114.00 $121.00 $116.72 Frozen 85% Fresh 81% Frozen 81% Fresh 75% Frozen 75% Fresh 73% Frozen 73% Fresh 65% 7 223,445 $73.74 $79.00 $76.05 Frozen 65% Bull Product Fresh 94-96% 3 5,860 $141.00 $144.00 $143.92 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% 30 909,514 $120.00 $126.51 $121.92 Frozen 90% Fresh 85% 13 146,655 $114.00 $121.00 $116.45 Frozen 85% Fresh 81% Frozen 81% Fresh 75% Frozen 75% Fresh 73% Frozen 73% Fresh 65% 13 356,645 $73.50 $79.00 $75.31 Frozen 65% Fresh 50% 11 191,436 $66.00 $71.00 $67.70 Frozen 50% Bull Product Fresh 94-96% 3 5,860 $141.00 $144.00 $143.92 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 .