NW_LS410
Des Moines, IA Tue, Feb 26, 2013 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $175.84 $172.62
Change => 0.80 1.30
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 140,369 head of cattle.
SUPPLY (Live) 74,970 Hd
Equivalent: $179.18 $174.68
DEMAND (Box) 65,399 Hd*
Equivalent: $172.51 $170.57
Live-Box Spread: $6.67 $4.11
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $184.51
Weight Price Head : Se 600-900# $182.57
Live Steer: 1381 $123.83 24,664: Current Lds: 166.5
Live Heifer: 1277 $123.59 20,042: Previous Lds: 162.8
Drsd Steer: 899 $197.12 17,448
Drsd Heifer: 792 $197.40 12,816
-----------------------------------------------------------------------------
Grading % Breakdown : Drop Credit : 13.98
Ch 600-900# : 76.44%: Steer Dressing % : 64.25%
Ch 600-750# : 26.38%: Heifer Dressing %: 64.18%
Ch 750-900# : 50.06%: Processing Cost : 12.00
Se 600-900# : 23.56%: Slaughter Cost : 50.50
Se 600-750# : 4.76%:
Se 750-900# : 18.80%:
-----------------------------------------------------------------------------
Equivalent Values for Outlying Beef Carcass Types
Basis Value = 175.84 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 15.34 $165.11 $178.50 $191.18 $189.12 $170.03
Certified 1-3 4.88 $154.65 $168.04 $180.72 $178.66 $159.57
Choice 1 3.58 $153.35 $166.74 $179.42 $177.36 $158.27
Select 1 -0.33 $149.44 $162.83 $175.51 $173.45 $154.36
Stndrd 1-3 -18.70 $131.07 $144.46 $157.14 $155.08 $135.99
Prime 4 2.50 $152.27 $165.66 $178.34 $176.28 $157.19
Choice 4 -11.46 $138.31 $151.70 $164.38 $162.32 $143.23
-----------------------------------------------------------------------------
*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
Related Articles
No matching related articles at this time.
Comments (0) Leave a comment