NW_LS410 Des Moines, IA Thu, Apr 04, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $202.59 $192.98 Change => -1.01 -1.61 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 85,292 head of cattle. SUPPLY (Live) 42,937 Hd Equivalent: $190.43 $179.59 DEMAND (Box) 42,355 Hd* Equivalent: $214.74 $206.36 Live-Box Spread: ($24.31) ($26.77) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $226.74 Weight Price Head : Se 600-900# $218.36 Live Steer: 1399 $125.07 21,740: Current Lds: 105.7 Live Heifer: 1273 $124.87 12,230: Previous Lds: 141.1 Drsd Steer: 908 $204.80 6,791 Drsd Heifer: 826 $204.85 2,176 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.09 Ch 600-900# : 86.50%: Steer Dressing % : 63.28% Ch 600-750# : 36.69%: Heifer Dressing %: 63.22% Ch 750-900# : 49.80%: Processing Cost : 12.00 Se 600-900# : 13.50%: Slaughter Cost : 50.50 Se 600-750# : 3.09%: Se 750-900# : 10.42%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 202.59 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -30.71 -17.64 -4.50 -18.00 ----------------------------------------------------------------------------- Prime 1-3 13.80 $185.68 $198.75 $216.39 $211.89 $198.39 Certified 1-3 5.39 $177.27 $190.34 $207.98 $203.48 $189.98 Choice 1 3.86 $175.74 $188.81 $206.45 $201.95 $188.45 Select 1 -6.37 $165.51 $178.58 $196.22 $191.72 $178.22 Stndrd 1-3 -29.23 $142.65 $155.72 $173.36 $168.86 $155.36 Prime 4 1.09 $172.97 $186.04 $203.68 $199.18 $185.68 Choice 4 -11.21 $160.67 $173.74 $191.38 $186.88 $173.38 ----------------------------------------------------------------------------- *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