NW_LS410
Des Moines, IA Wed, May 16, 2012 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $177.43 $171.21
Change => -0.30 -0.98
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 178,336 head of cattle.
SUPPLY (Live) 94,953 Hd
Equivalent: $175.88 $169.33
DEMAND (Box) 83,383 Hd*
Equivalent: $178.98 $173.10
Live-Box Spread: ($3.10) ($3.77)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $190.98
Weight Price Head : Se 600-900# $185.10
Live Steer: 1310 $120.43 38,537: Current Lds: 301.8
Live Heifer: 1184 $120.30 23,390: Previous Lds: 209.1
Drsd Steer: 870 $192.34 20,860
Drsd Heifer: 802 $191.92 12,166
-----------------------------------------------------------------------------
Grading % Breakdown : Drop Credit : 13.67
Ch 600-900# : 72.90%: Steer Dressing % : 63.98%
Ch 600-750# : 25.41%: Heifer Dressing %: 63.97%
Ch 750-900# : 47.50%: Processing Cost : 12.00
Se 600-900# : 27.10%: Slaughter Cost : 50.50
Se 600-750# : 8.22%:
Se 750-900# : 18.88%:
-----------------------------------------------------------------------------
Equivalent Values for Outlying Beef Carcass Types
Basis Value = 177.43 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -28.93 -13.04 -1.70 -21.54
-----------------------------------------------------------------------------
Prime 1-3 16.93 $165.43 $181.32 $194.36 $192.66 $172.82
Certified 1-3 4.45 $152.95 $168.84 $181.88 $180.18 $160.34
Choice 1 3.38 $151.88 $167.77 $180.81 $179.11 $159.27
Select 1 -2.62 $145.88 $161.77 $174.81 $173.11 $153.27
Stndrd 1-3 -20.35 $128.15 $144.04 $157.08 $155.38 $135.54
Prime 4 4.23 $152.73 $168.62 $181.66 $179.96 $160.12
Choice 4 -11.38 $137.12 $153.01 $166.05 $164.35 $144.51
-----------------------------------------------------------------------------
*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
Related Articles
No matching related articles at this time.
Comments (0) Leave a comment