NW_LS410
Des Moines, IA Mon, Nov 19, 2012 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $183.98 $163.30
Change => 0.41 -0.95
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Current Index Reflects the Equivalent of 85,895 head of cattle.
SUPPLY (Live) 5,439 Hd
Equivalent: $185.79 $165.64
DEMAND (Box) 80,456 Hd*
Equivalent: $182.17 $160.97
Live-Box Spread: $3.62 $4.67
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $194.17
Weight Price Head : Se 600-900# $172.97
Live Steer: 1377 $124.46 1,101: Current Lds: 237.4
Live Heifer: 1239 $123.86 925: Previous Lds: 207.0
Drsd Steer: 913 $195.63 1,952
Drsd Heifer: 816 $195.41 1,461
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Grading % Breakdown : Drop Credit : 12.94
Ch 600-900# : 71.64%: Steer Dressing % : 64.26%
Ch 600-750# : 23.23%: Heifer Dressing %: 64.26%
Ch 750-900# : 48.41%: Processing Cost : 12.00
Se 600-900# : 28.36%: Slaughter Cost : 50.50
Se 600-750# : 7.35%:
Se 750-900# : 21.02%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 183.98 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -26.07 -12.14 -2.06 -21.15
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Prime 1-3 16.63 $174.54 $188.47 $200.61 $198.55 $179.46
Certified 1-3 5.63 $163.54 $177.47 $189.61 $187.55 $168.46
Choice 1 3.58 $161.49 $175.42 $187.56 $185.50 $166.41
Select 1 -16.06 $141.85 $155.78 $167.92 $165.86 $146.77
Stndrd 1-3 -27.95 $129.96 $143.89 $156.03 $153.97 $134.88
Prime 4 4.40 $162.31 $176.24 $188.38 $186.32 $167.23
Choice 4 -10.85 $147.06 $160.99 $173.13 $171.07 $151.98
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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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