NW_LS421 Des Moines, IA Fri, May 27, 2022 USDA Market News IMPORT BEEF TRADE Compared to Last Week: Imported meat prices were mostly moderately lower, instances sharply lower. Trading activity was slow. Imported supplies were light to moderate. Weaker domestic lean prices and heavy supplies continued to pressure import prices. Trading was slower than anticipated ahead of the Memorial Day holiday weekend. AUSTRALIA AND NEW ZEALAND - FOB AND TIS 0-15 Days BULL MEAT: East Coast West Coast 95% 300.00- 313.00 317.00 COW MEAT: 95% 293.00- 304.00 90% 282.00- 286.00 CFM Fores 85% 275.00- 276.00 Shank 85-90% Chuck 85% Beef Trim 85% 273.00- 275.00 Beef Trim 80% Beef Trim 75% Beef Trim 70% Beef Trim 65% 100 % LEAN: Top Rounds Flats & Eyes S.P.B. 16-45 Days BULL MEAT: East Coast West Coast 95% 300.00- 315.00 312.00- 316.00 COW MEAT: 95% 293.00- 306.00 90% 282.00- 288.00 CFM Fores 85% 276.00- 278.00 Shank 85-90% Chuck 85% Beef Trim 85% 273.00- 277.00 Beef Trim 80% Beef Trim 75% ----------------------------------------------------------------------------- URUGUAY - FOB AND TIS BULL MEAT: 0-15 Days 16-45 Days 95% COW MEAT: 95% 90% CFM Fores 85% Beef Trim 85% Beef Trim 80% Beef Trim 75% Source: USDA Market News Service, Des Moines, IA Bryant Smith 515-284-4460 Desm.LPGMN@ams.usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/mnreports/NW_LS421.txt www.ams.usda.gov/LPSMarketNewsPage