NW_LS410
Des Moines, IA Wed, Dec 05, 2012 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $186.05 $165.23
Change => -0.24 -1.00
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Current Index Reflects the Equivalent of 106,692 head of cattle.
SUPPLY (Live) 40,190 Hd
Equivalent: $189.22 $167.62
DEMAND (Box) 66,502 Hd*
Equivalent: $182.89 $162.83
Live-Box Spread: $6.33 $4.79
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $194.89
Weight Price Head : Se 600-900# $174.83
Live Steer: 1399 $125.27 12,591: Current Lds: 246.7
Live Heifer: 1270 $125.42 6,712: Previous Lds: 158.7
Drsd Steer: 918 $199.80 13,749
Drsd Heifer: 824 $199.35 7,138
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Grading % Breakdown : Drop Credit : 12.93
Ch 600-900# : 70.74%: Steer Dressing % : 64.16%
Ch 600-750# : 24.28%: Heifer Dressing %: 64.17%
Ch 750-900# : 46.47%: Processing Cost : 12.00
Se 600-900# : 29.26%: Slaughter Cost : 50.50
Se 600-750# : 8.09%:
Se 750-900# : 21.17%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 186.05 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 16.70 $176.68 $190.07 $202.75 $200.69 $181.60
Certified 1-3 5.51 $165.49 $178.88 $191.56 $189.50 $170.41
Choice 1 3.58 $163.56 $176.95 $189.63 $187.57 $168.48
Select 1 -17.51 $142.47 $155.86 $168.54 $166.48 $147.39
Stndrd 1-3 -28.54 $131.44 $144.83 $157.51 $155.45 $136.36
Prime 4 4.09 $164.07 $177.46 $190.14 $188.08 $168.99
Choice 4 -11.23 $148.75 $162.14 $174.82 $172.76 $153.67
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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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