NW_LS410
Des Moines, IA Tue, May 01, 2012 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $176.63 $172.35
Change => unchgd 0.23
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Current Index Reflects the Equivalent of 139,357 head of cattle.
SUPPLY (Live) 77,091 Hd
Equivalent: $174.80 $170.24
DEMAND (Box) 62,266 Hd*
Equivalent: $178.47 $174.46
Live-Box Spread: ($3.67) ($4.22)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $190.47
Weight Price Head : Se 600-900# $186.46
Live Steer: 1308 $119.78 30,530: Current Lds: 189.7
Live Heifer: 1200 $119.84 28,302: Previous Lds: 152.9
Drsd Steer: 873 $193.19 11,807
Drsd Heifer: 812 $192.42 6,452
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Grading % Breakdown : Drop Credit : 13.73
Ch 600-900# : 73.94%: Steer Dressing % : 63.74%
Ch 600-750# : 25.15%: Heifer Dressing %: 63.69%
Ch 750-900# : 48.79%: Processing Cost : 12.00
Se 600-900# : 26.06%: Slaughter Cost : 50.50
Se 600-750# : 6.13%:
Se 750-900# : 19.93%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 176.63 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 16.78 $164.48 $180.37 $193.41 $191.71 $171.87
Certified 1-3 4.32 $152.02 $167.91 $180.95 $179.25 $159.41
Choice 1 3.38 $151.08 $166.97 $180.01 $178.31 $158.47
Select 1 -0.62 $147.08 $162.97 $176.01 $174.31 $154.47
Stndrd 1-3 -19.10 $128.60 $144.49 $157.53 $155.83 $135.99
Prime 4 4.08 $151.78 $167.67 $180.71 $179.01 $159.17
Choice 4 -11.38 $136.32 $152.21 $165.25 $163.55 $143.71
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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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