NW_LS410
Des Moines, IA Wed, Apr 18, 2012 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $176.03 $173.11
Change => 1.21 0.90
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Current Index Reflects the Equivalent of 164,565 head of cattle.
SUPPLY (Live) 88,219 Hd
Equivalent: $178.30 $174.37
DEMAND (Box) 76,346 Hd*
Equivalent: $173.76 $171.84
Live-Box Spread: $4.54 $2.53
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $185.76
Weight Price Head : Se 600-900# $183.84
Live Steer: 1313 $122.24 36,239: Current Lds: 240.4
Live Heifer: 1191 $122.16 25,575: Previous Lds: 217.8
Drsd Steer: 872 $195.47 14,899
Drsd Heifer: 811 $195.56 11,506
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Grading % Breakdown : Drop Credit : 13.37
Ch 600-900# : 74.41%: Steer Dressing % : 64.06%
Ch 600-750# : 24.44%: Heifer Dressing %: 64.10%
Ch 750-900# : 49.98%: Processing Cost : 12.00
Se 600-900# : 25.59%: Slaughter Cost : 50.50
Se 600-750# : 6.02%:
Se 750-900# : 19.57%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 176.03 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -28.93 -13.04 -1.70 -21.54
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Prime 1-3 16.43 $163.53 $179.42 $192.46 $190.76 $170.92
Certified 1-3 4.01 $151.11 $167.00 $180.04 $178.34 $158.50
Choice 1 3.38 $150.48 $166.37 $179.41 $177.71 $157.87
Select 1 0.02 $147.12 $163.01 $176.05 $174.35 $154.51
Stndrd 1-3 -19.01 $128.09 $143.98 $157.02 $155.32 $135.48
Prime 4 3.73 $150.83 $166.72 $179.76 $178.06 $158.22
Choice 4 -11.38 $135.72 $151.61 $164.65 $162.95 $143.11
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*Reflects total boxed beef load count from past 5 days
multiplied by 75, the average head per boxed beef load.
(1) differentials based upon current premiums and discounts.
Note: Index reflects simple average of live and box equivalents.
Source: USDA Market News Service, Des Moines, IA
Bryant Smith 515-284-4460 Desm.LGMN@ams.usda.gov
24 Hour recorded market information 515-284-4830
www.ams.usda.gov/mnreports/NW_LS410.txt
www.ams.usda.gov/LSMarketNews
Beef Carcass Price Equivalent
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