NW_LS410
Des Moines, IA Thu, May 10, 2012 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $177.27 $171.46
Change => -0.70 -0.96
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Current Index Reflects the Equivalent of 161,120 head of cattle.
SUPPLY (Live) 82,021 Hd
Equivalent: $176.62 $171.06
DEMAND (Box) 79,099 Hd*
Equivalent: $177.92 $171.86
Live-Box Spread: ($1.30) ($0.80)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $189.92
Weight Price Head : Se 600-900# $183.86
Live Steer: 1319 $120.80 30,384: Current Lds: 260.2
Live Heifer: 1194 $120.64 21,801: Previous Lds: 247.2
Drsd Steer: 870 $193.29 18,945
Drsd Heifer: 794 $193.54 10,891
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Grading % Breakdown : Drop Credit : 13.75
Ch 600-900# : 73.55%: Steer Dressing % : 63.78%
Ch 600-750# : 26.25%: Heifer Dressing %: 63.75%
Ch 750-900# : 47.30%: Processing Cost : 12.00
Se 600-900# : 26.45%: Slaughter Cost : 50.50
Se 600-750# : 7.35%:
Se 750-900# : 19.10%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 177.27 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 16.93 $165.27 $181.16 $194.20 $192.50 $172.66
Certified 1-3 4.45 $152.79 $168.68 $181.72 $180.02 $160.18
Choice 1 3.38 $151.72 $167.61 $180.65 $178.95 $159.11
Select 1 -1.62 $146.72 $162.61 $175.65 $173.95 $154.11
Stndrd 1-3 -19.76 $128.58 $144.47 $157.51 $155.81 $135.97
Prime 4 4.23 $152.57 $168.46 $181.50 $179.80 $159.96
Choice 4 -11.38 $136.96 $152.85 $165.89 $164.19 $144.35
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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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