Beef Carcass Price Equivalent

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

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
-----------------------------------------------------------------------------
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
-----------------------------------------------------------------------------
      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%:
-----------------------------------------------------------------------------
 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
-----------------------------------------------------------------------------
 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
-----------------------------------------------------------------------------
*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



Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


5E Series

Introduced in 2013, the new 85 and 100 hp John Deere 5085E and 5100E feature 4-cylinder Interim Tier 4 emissions-compliant ... Read More

View all Products in this segment

View All Buyers Guides

)
Feedback Form
Leads to Insight