NW_LS410 Des Moines, IA Tue, Apr 09, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $203.69 $193.38 Change => -0.17 -1.03 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 107,651 head of cattle. SUPPLY (Live) 61,734 Hd Equivalent: $191.07 $179.96 DEMAND (Box) 45,917 Hd* Equivalent: $216.32 $206.80 Live-Box Spread: ($25.25) ($26.84) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $228.32 Weight Price Head : Se 600-900# $218.80 Live Steer: 1412 $125.51 28,397: Current Lds: 116.4 Live Heifer: 1293 $125.07 16,623: Previous Lds: 116.8 Drsd Steer: 910 $204.44 12,840 Drsd Heifer: 833 $204.61 3,874 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.08 Ch 600-900# : 86.61%: Steer Dressing % : 63.33% Ch 600-750# : 35.70%: Heifer Dressing %: 63.28% Ch 750-900# : 50.91%: Processing Cost : 12.00 Se 600-900# : 13.39%: Slaughter Cost : 50.50 Se 600-750# : 2.85%: Se 750-900# : 10.54%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 203.69 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 13.87 $186.85 $199.92 $217.56 $213.06 $199.56 Certified 1-3 5.28 $178.26 $191.33 $208.97 $204.47 $190.97 Choice 1 3.86 $176.84 $189.91 $207.55 $203.05 $189.55 Select 1 -6.64 $166.34 $179.41 $197.05 $192.55 $179.05 Stndrd 1-3 -29.03 $143.95 $157.02 $174.66 $170.16 $156.66 Prime 4 1.16 $174.14 $187.21 $204.85 $200.35 $186.85 Choice 4 -11.21 $161.77 $174.84 $192.48 $187.98 $174.48 ----------------------------------------------------------------------------- *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