Beef Carcass Price Equivalent

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

NW_LS410
Des Moines, IA     Tue, Feb 12, 2013     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $177.02             $172.16
 Change =>                       0.41                0.12
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 138,484 head of cattle.
SUPPLY (Live)  70,342 Hd
Equivalent:                   $182.60             $177.02
DEMAND (Box)   68,142 Hd*
Equivalent:                   $171.45             $167.30
Live-Box Spread:              $11.15               $9.72
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $183.45
                  Weight   Price     Head      : Se 600-900#          $179.30
  Live Steer:          1401   $125.02    21,747: Current Lds:           169.4
  Live Heifer:         1281   $124.86    14,906: Previous Lds:          137.2
  Drsd Steer:           906   $199.91    21,314
  Drsd Heifer:          821   $199.69    12,375
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       13.53
 Ch 600-900# :                 75.40%:         Steer Dressing % :      64.28%
 Ch 600-750# :                 26.39%:         Heifer Dressing %:      64.26%
 Ch 750-900# :                 49.01%:         Processing Cost  :       12.00
 Se 600-900# :                 24.60%:         Slaughter Cost   :       50.50
 Se 600-750# :                  5.34%:
 Se 750-900# :                 19.25%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 177.02                       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            15.63   $166.58   $179.97   $192.65   $190.59   $171.50
 Certified 1-3         5.01   $155.96   $169.35   $182.03   $179.97   $160.88
 Choice 1              3.58   $154.53   $167.92   $180.60   $178.54   $159.45
 Select 1             -1.42   $149.53   $162.92   $175.60   $173.54   $154.45
 Stndrd 1-3          -19.45   $131.50   $144.89   $157.57   $155.51   $136.42
 Prime 4               3.02   $153.97   $167.36   $180.04   $177.98   $158.89
 Choice 4            -11.23   $139.72   $153.11   $165.79   $163.73   $144.64
-----------------------------------------------------------------------------
*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


Farmall® C

From the feedlot to the pasture, the Case IH Farmall® C series tractors help you do more. Available in a range ... Read More

View all Products in this segment

View All Buyers Guides

)
Feedback Form
Leads to Insight