NW_LS410
Des Moines, IA Wed, Nov 14, 2012 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $183.66 $164.85
Change => -0.08 -0.14
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Current Index Reflects the Equivalent of 124,865 head of cattle.
SUPPLY (Live) 50,789 Hd
Equivalent: $186.09 $167.39
DEMAND (Box) 74,076 Hd*
Equivalent: $181.22 $162.30
Live-Box Spread: $4.87 $5.09
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $193.22
Weight Price Head : Se 600-900# $174.30
Live Steer: 1379 $124.70 15,797: Current Lds: 239.7
Live Heifer: 1217 $124.97 16,766: Previous Lds: 194.5
Drsd Steer: 909 $195.05 12,929
Drsd Heifer: 810 $195.49 5,297
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Grading % Breakdown : Drop Credit : 12.92
Ch 600-900# : 71.13%: Steer Dressing % : 63.95%
Ch 600-750# : 22.35%: Heifer Dressing %: 63.84%
Ch 750-900# : 48.78%: Processing Cost : 12.00
Se 600-900# : 28.87%: Slaughter Cost : 50.50
Se 600-750# : 7.21%:
Se 750-900# : 21.66%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 183.66 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -26.07 -12.68 -2.06 -21.15
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Prime 1-3 16.56 $174.15 $187.54 $200.22 $198.16 $179.07
Certified 1-3 5.38 $162.97 $176.36 $189.04 $186.98 $167.89
Choice 1 3.58 $161.17 $174.56 $187.24 $185.18 $166.09
Select 1 -14.60 $142.99 $156.38 $169.06 $167.00 $147.91
Stndrd 1-3 -27.12 $130.47 $143.86 $156.54 $154.48 $135.39
Prime 4 4.33 $161.92 $175.31 $187.99 $185.93 $166.84
Choice 4 -10.85 $146.74 $160.13 $172.81 $170.75 $151.66
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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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