NW_LS410 Des Moines, IA Wed, Feb 06, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $196.70 $189.97 Change => 0.28 -0.36 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 120,161 head of cattle. SUPPLY (Live) 80,226 Hd Equivalent: $187.83 $179.57 DEMAND (Box) 39,935 Hd* Equivalent: $205.57 $200.37 Live-Box Spread: ($17.74) ($20.80) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $217.57 Weight Price Head : Se 600-900# $212.37 Live Steer: 1448 $123.81 35,570: Current Lds: 112.4 Live Heifer: 1306 $123.79 20,433: Previous Lds: 126.6 Drsd Steer: 926 $198.29 16,517 Drsd Heifer: 853 $198.15 7,706 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.01 Ch 600-900# : 86.28%: Steer Dressing % : 63.24% Ch 600-750# : 36.31%: Heifer Dressing %: 63.20% Ch 750-900# : 49.97%: Processing Cost : 12.00 Se 600-900# : 13.72%: Slaughter Cost : 50.50 Se 600-750# : 3.22%: Se 750-900# : 10.50%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 196.70 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -30.71 -15.97 -4.50 -23.67 ----------------------------------------------------------------------------- Prime 1-3 12.93 $178.92 $193.66 $209.63 $205.13 $185.96 Certified 1-3 5.39 $171.38 $186.12 $202.09 $197.59 $178.42 Choice 1 3.86 $169.85 $184.59 $200.56 $196.06 $176.89 Select 1 -3.78 $162.21 $176.95 $192.92 $188.42 $169.25 Stndrd 1-3 -27.00 $138.99 $153.73 $169.70 $165.20 $146.03 Prime 4 -0.50 $165.49 $180.23 $196.20 $191.70 $172.53 Choice 4 -11.93 $154.06 $168.80 $184.77 $180.27 $161.10 ----------------------------------------------------------------------------- *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