NW_LS410 Des Moines, IA Wed, Apr 03, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $203.60 $194.59 Change => 0.11 0.14 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 107,299 head of cattle. SUPPLY (Live) 66,354 Hd Equivalent: $193.05 $182.21 DEMAND (Box) 40,945 Hd* Equivalent: $214.14 $206.97 Live-Box Spread: ($21.09) ($24.76) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $226.14 Weight Price Head : Se 600-900# $218.97 Live Steer: 1418 $126.29 31,674: Current Lds: 141.1 Live Heifer: 1290 $126.11 13,664: Previous Lds: 140.5 Drsd Steer: 907 $205.45 15,609 Drsd Heifer: 820 $205.46 5,407 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.24 Ch 600-900# : 86.50%: Steer Dressing % : 62.95% Ch 600-750# : 36.69%: Heifer Dressing %: 62.90% 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 = 203.60 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 $186.69 $199.76 $217.40 $212.90 $199.40 Certified 1-3 5.39 $178.28 $191.35 $208.99 $204.49 $190.99 Choice 1 3.86 $176.75 $189.82 $207.46 $202.96 $189.46 Select 1 -6.37 $166.52 $179.59 $197.23 $192.73 $179.23 Stndrd 1-3 -29.23 $143.66 $156.73 $174.37 $169.87 $156.37 Prime 4 1.09 $173.98 $187.05 $204.69 $200.19 $186.69 Choice 4 -11.21 $161.68 $174.75 $192.39 $187.89 $174.39 ----------------------------------------------------------------------------- *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