. . . Exhibit 23.3 <Table> United States International Atlanta Milwaukee [AMERICAN APPRAISAL ASSOCIATES LOGO] Brazil Mexico Boston Minneapolis Canada Morocco Buffalo New Orleans 411 East Wisconsin Avenue China Philippines Charlotte New York Suite 1900 Croatia Portugal Chicago Oak Lawn P.O. Box 664 Czech Republic Russia Cincinnati Philadelphia Milwaukee, Wisconsin 53202-0664 England Spain Dallas Pittsburgh Telephone:(414) 271-7240 Germany Taiwan Denver Princeton www.american-appraisal.com Greece Thailand Detroit Schaumburg Hong Kong Turkey Houston St. Louis Hungary Venezuela Irvine San Francisco Italy Jacksonville Seattle Japan Los Angeles </Table> CONSENT OF INDEPENDENT APPRAISER American Appraisal Associates, Inc. ("AAA") hereby consents to the incorporation by reference of AAA's name and conclusions of value for tax compliance reporting on Form S-4 ("Form S-4A"). Specifically, AAA consents to US Premium Beef's reference to the stated conclusions of value in the amount of $103.6 million for the gross assets of the cooperative as a going concern contained in the appraisal report referenced in the Sections of Form S-4 entitled: "Appraisal Opinion", "Federal Income Tax Considerations," and "Experts", which are incorporated by reference into US Premium Beef's Form S-4A and which appraisal report is attached as Appendix "E." In giving this consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended, or as an expert defined under the rules and regulations of the Securities and Exchange Commission. AMERICAN APPRAISAL ASSOCIATES, INC. By /s/ Dale J. Egan ------------------------------------ Dale J. Egan General Counsel Milwaukee, Wisconsin August 3, 2004