NW_PY027
Des Moines, IA          Tue. Feb. 7, 2012         Federal-State Market News

Misc. Poultry: Weekly Cold Storage Holdings - Selected Centers (Tue)

                                    (INCL GOVT STOCKS) (IN THOUSANDS)

                        Frozen    Processed Processed Other
                        Eggs      Turkeys   Poultry
                        LBS       LBS       LBS
AM       02/06/12       3,140     103,435   51,908
AM       01/01/12       3,175     56,420    51,180
CHG                     -35       47015     728
PCT CHG                 -1%       83%       1%

Based on the historical relationship of the preliminary U.S. Cold Storage
holdings report of December 31, 2011 and the selected centers storage
report, the expected U.S. holdings on February 1, 2012 are:

Frozen Eggs             36        MIL LBS PLUS OR MINUS         5%
Processed Turkeys       370       MIL LBS PLUS OR MINUS         5%
Processed Other Poultry 646       MIL LBS PLUS OR MINUS         5%

SOURCE: USDA AMS Poultry Programs, Market News & Analysis Branch
         Des Moines, IA   515.284.4471
         http://www.ams.usda.gov/mnreports/NW_PY027.txt

Prepared: 07-FEB-12 2:00 PM C JK