NW_LS410
Des Moines, IA Fri, Oct 05, 2012 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $179.34 $165.86
Change => 0.39 0.35
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Current Index Reflects the Equivalent of 159,326 head of cattle.
SUPPLY (Live) 83,877 Hd
Equivalent: $180.68 $168.07
DEMAND (Box) 75,449 Hd*
Equivalent: $177.99 $163.64
Live-Box Spread: $2.69 $4.43
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $189.99
Weight Price Head : Se 600-900# $175.64
Live Steer: 1375 $123.40 35,126: Current Lds: 150.6
Live Heifer: 1220 $123.59 26,668: Previous Lds: 210.9
Drsd Steer: 930 $189.83 14,990
Drsd Heifer: 811 $191.63 7,093
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Grading % Breakdown : Drop Credit : 13.26
Ch 600-900# : 70.78%: Steer Dressing % : 64.21%
Ch 600-750# : 24.76%: Heifer Dressing %: 64.21%
Ch 750-900# : 46.02%: Processing Cost : 12.00
Se 600-900# : 29.22%: Slaughter Cost : 50.50
Se 600-750# : 8.18%:
Se 750-900# : 21.03%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 179.34 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 16.57 $166.98 $182.87 $195.91 $194.21 $174.37
Certified 1-3 4.95 $155.36 $171.25 $184.29 $182.59 $162.75
Choice 1 3.38 $153.79 $169.68 $182.72 $181.02 $161.18
Select 1 -8.71 $141.70 $157.59 $170.63 $168.93 $149.09
Stndrd 1-3 -23.93 $126.48 $142.37 $155.41 $153.71 $133.87
Prime 4 3.87 $154.28 $170.17 $183.21 $181.51 $161.67
Choice 4 -11.38 $139.03 $154.92 $167.96 $166.26 $146.42
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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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