NW_LS410 Des Moines, IA Thu, Apr 25, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $208.69 $195.72 Change => -0.05 -0.30 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 151,231 head of cattle. SUPPLY (Live) 106,932 Hd Equivalent: $196.46 $183.69 DEMAND (Box) 44,299 Hd* Equivalent: $220.93 $207.75 Live-Box Spread: ($24.47) ($24.06) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $232.93 Weight Price Head : Se 600-900# $219.75 Live Steer: 1410 $128.86 45,767: Current Lds: 158.9 Live Heifer: 1256 $127.89 22,424: Previous Lds: 164.5 Drsd Steer: 887 $207.40 30,107 Drsd Heifer: 807 $207.47 8,634 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 8.98 Ch 600-900# : 84.61%: Steer Dressing % : 63.51% Ch 600-750# : 34.72%: Heifer Dressing %: 63.49% Ch 750-900# : 49.89%: Processing Cost : 12.00 Se 600-900# : 15.39%: Slaughter Cost : 50.50 Se 600-750# : 4.77%: Se 750-900# : 10.62%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 208.69 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 $191.85 $204.92 $222.56 $218.06 $204.56 Certified 1-3 5.28 $183.26 $196.33 $213.97 $209.47 $195.97 Choice 1 3.86 $181.84 $194.91 $212.55 $208.05 $194.55 Select 1 -8.31 $169.67 $182.74 $200.38 $195.88 $182.38 Stndrd 1-3 -29.23 $148.75 $161.82 $179.46 $174.96 $161.46 Prime 4 1.16 $179.14 $192.21 $209.85 $205.35 $191.85 Choice 4 -11.21 $166.77 $179.84 $197.48 $192.98 $179.48 ----------------------------------------------------------------------------- *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