LM_XB401 Des Moines, IA Mon, Nov 23, 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 mostly firm to 2.00 higher; 85% was mostly 1.00 to 2.00 lower; 81% and 75% were unevenly steady; 65% was mostly 1.00 to 2.00 lower; Other lean percentages were not fully established. Beef trimmings weak on light demand and offerings. CURRENT VOLUME - (one load equals 40,000 pounds) Central 46.24 Loads -- 1,849,707 pounds National 59.78 Loads -- 2,391,017 pounds -------------------------------------------------------------------------------- FOB Plant - Central # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- Chemical Lean Fresh 92-94% 17 240,336 $129.00 $133.70 $131.77 Frozen 92-94% Fresh 90% 36 789,854 $121.00 $126.00 $123.57 Frozen 90% 1 27,000 $124.79 $124.79 $124.79 Fresh 85% 10 290,017 $113.00 $117.00 $113.64 Frozen 85% Fresh 81% 6 224,700 $103.00 $104.00 $103.07 Frozen 81% Fresh 75% 6 103,800 $94.00 $97.82 $97.58 Frozen 75% Fresh 73% Frozen 73% Fresh 65% 6 162,000 $72.00 $78.00 $74.10 Frozen 65% Bull Product Fresh 94-96% 2 12,000 $142.00 $142.00 $142.00 Frozen 94-96% -------------------------------------------------------------------------------- FOB Plant - National # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- Chemical Lean Fresh 92-94% 19 323,448 $129.00 $133.70 $131.45 Frozen 92-94% Fresh 90% 40 855,846 $121.00 $126.00 $123.58 Frozen 90% 1 27,000 $124.79 $124.79 $124.79 Fresh 85% 12 335,017 $113.00 $122.00 $114.73 Frozen 85% Fresh 81% 6 224,700 $103.00 $104.00 $103.07 Frozen 81% Fresh 75% 7 119,301 $94.00 $99.00 $97.76 Frozen 75% Fresh 73% Frozen 73% Fresh 65% 6 162,000 $72.00 $78.00 $74.10 Frozen 65% Fresh 50% 16 331,705 $64.75 $69.00 $66.91 Frozen 50% Bull Product Fresh 94-96% 2 12,000 $142.00 $142.00 $142.00 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 .