Beef Carcass Price Equivalent

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

NW_LS410
Des Moines, IA     Mon, May 06, 2013     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $189.22             $179.62
 Change =>                      -0.08                0.37
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 128,338 head of cattle.
SUPPLY (Live)  75,959 Hd
Equivalent:                   $190.17             $181.64
DEMAND (Box)   52,379 Hd*
Equivalent:                   $188.26             $177.61
Live-Box Spread:               $1.91               $4.03
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $200.26
                  Weight   Price     Head      : Se 600-900#          $189.61
  Live Steer:          1326   $129.04    29,087: Current Lds:           124.9
  Live Heifer:         1191   $128.90    15,415: Previous Lds:          113.6
  Drsd Steer:           854   $206.47    19,558
  Drsd Heifer:          784   $205.97    11,899
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       14.18
 Ch 600-900# :                 73.93%:         Steer Dressing % :      63.77%
 Ch 600-750# :                 24.60%:         Heifer Dressing %:      63.80%
 Ch 750-900# :                 49.32%:         Processing Cost  :       12.00
 Se 600-900# :                 26.07%:         Slaughter Cost   :       50.50
 Se 600-750# :                  6.86%:
 Se 750-900# :                 19.21%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 189.22                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -27.33    -12.66               -4.61    -22.50
-----------------------------------------------------------------------------
 Prime 1-3            13.33   $175.22   $189.89   $202.55   $197.94   $180.05
 Certified 1-3         4.86   $166.75   $181.42   $194.08   $189.47   $171.58
 Choice 1              3.37   $165.26   $179.93   $192.59   $187.98   $170.09
 Select 1             -4.63   $157.26   $171.93   $184.59   $179.98   $162.09
 Stndrd 1-3          -22.41   $139.48   $154.15   $166.81   $162.20   $144.31
 Prime 4               0.56   $162.45   $177.12   $189.78   $185.17   $167.28
 Choice 4            -11.47   $150.42   $165.09   $177.75   $173.14   $155.25
-----------------------------------------------------------------------------
*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


5M Series

Five M Series Models: 5065M, 5075M, 5085M, 5100M, and 5115M (65-115 hp). If you spend a lot of time on ... Read More

View all Products in this segment

View All Buyers Guides

)
Feedback Form
Leads to Insight