NW_LS410
Des Moines, IA Thu, May 24, 2012 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $181.68 $173.86
Change => -0.28 -0.78
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Current Index Reflects the Equivalent of 205,262 head of cattle.
SUPPLY (Live) 129,886 Hd
Equivalent: $179.79 $172.88
DEMAND (Box) 75,376 Hd*
Equivalent: $183.56 $174.84
Live-Box Spread: ($3.77) ($1.96)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $195.56
Weight Price Head : Se 600-900# $186.84
Live Steer: 1318 $122.47 48,472: Current Lds: 194.5
Live Heifer: 1187 $122.45 39,417: Previous Lds: 219.9
Drsd Steer: 866 $194.32 30,179
Drsd Heifer: 782 $194.23 11,818
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Grading % Breakdown : Drop Credit : 13.19
Ch 600-900# : 72.48%: Steer Dressing % : 63.83%
Ch 600-750# : 25.66%: Heifer Dressing %: 63.65%
Ch 750-900# : 46.83%: Processing Cost : 12.00
Se 600-900# : 27.52%: Slaughter Cost : 50.50
Se 600-750# : 8.00%:
Se 750-900# : 19.51%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 181.68 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 17.28 $170.03 $185.92 $198.96 $197.26 $177.42
Certified 1-3 4.82 $157.57 $173.46 $186.50 $184.80 $164.96
Choice 1 3.38 $156.13 $172.02 $185.06 $183.36 $163.52
Select 1 -2.98 $149.77 $165.66 $178.70 $177.00 $157.16
Stndrd 1-3 -20.51 $132.24 $148.13 $161.17 $159.47 $139.63
Prime 4 4.58 $157.33 $173.22 $186.26 $184.56 $164.72
Choice 4 -11.38 $141.37 $157.26 $170.30 $168.60 $148.76
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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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