Beef Carcass Price Equivalent

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

NW_LS410
Des Moines, IA     Thu, Nov 07, 2013     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $193.79             $178.44
 Change =>                      -0.62               -0.57
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 101,164 head of cattle.
SUPPLY (Live)  50,766 Hd
Equivalent:                   $195.59             $178.71
DEMAND (Box)   50,398 Hd*
Equivalent:                   $191.99             $178.17
Live-Box Spread:               $3.60               $0.54
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $203.99
                  Weight   Price     Head      : Se 600-900#          $190.17
  Live Steer:          1391   $131.83    17,833: Current Lds:           149.4
  Live Heifer:         1258   $132.05    14,594: Previous Lds:          187.9
  Drsd Steer:           910   $207.68    11,543
  Drsd Heifer:          807   $208.93     6,796
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       14.65
 Ch 600-900# :                 72.86%:         Steer Dressing % :      63.42%
 Ch 600-750# :                 26.27%:         Heifer Dressing %:      63.34%
 Ch 750-900# :                 46.59%:         Processing Cost  :       12.00
 Se 600-900# :                 27.14%:         Slaughter Cost   :       50.50
 Se 600-750# :                  6.84%:
 Se 750-900# :                 20.30%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 193.79                       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            14.21   $180.67   $195.34   $208.00   $203.39   $185.50
 Certified 1-3         5.30   $171.76   $186.43   $199.09   $194.48   $176.59
 Choice 1              3.37   $169.83   $184.50   $197.16   $192.55   $174.66
 Select 1            -13.01   $153.45   $168.12   $180.78   $176.17   $158.28
 Stndrd 1-3          -26.91   $139.55   $154.22   $166.88   $162.27   $144.38
 Prime 4               1.44   $167.90   $182.57   $195.23   $190.62   $172.73
 Choice 4            -11.47   $154.99   $169.66   $182.32   $177.71   $159.82
-----------------------------------------------------------------------------
*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.LPGMN@ams.usda.gov
        24 Hour recorded market information 515-284-4830
        www.ams.usda.gov/mnreports/NW_LS410.txt
        www.ams.usda.gov/LPSMarketNewsPage



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