NW_LS410 Des Moines, IA Wed, Feb 13, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $196.81 $190.61 Change => -0.35 -0.48 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 110,083 head of cattle. SUPPLY (Live) 70,581 Hd Equivalent: $189.19 $181.20 DEMAND (Box) 39,502 Hd* Equivalent: $204.44 $200.01 Live-Box Spread: ($15.25) ($18.81) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $216.44 Weight Price Head : Se 600-900# $212.01 Live Steer: 1465 $124.94 28,547: Current Lds: 127.6 Live Heifer: 1320 $124.88 16,325: Previous Lds: 107.0 Drsd Steer: 922 $199.92 17,459 Drsd Heifer: 838 $199.87 8,250 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.02 Ch 600-900# : 85.92%: Steer Dressing % : 63.59% Ch 600-750# : 34.97%: Heifer Dressing %: 63.54% Ch 750-900# : 50.94%: Processing Cost : 12.00 Se 600-900# : 14.08%: Slaughter Cost : 50.50 Se 600-750# : 3.95%: Se 750-900# : 10.13%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 196.81 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 12.67 $178.77 $193.51 $209.48 $204.98 $185.81 Certified 1-3 5.28 $171.38 $186.12 $202.09 $197.59 $178.42 Choice 1 3.86 $169.96 $184.70 $200.67 $196.17 $177.00 Select 1 -3.50 $162.60 $177.34 $193.31 $188.81 $169.64 Stndrd 1-3 -27.21 $138.89 $153.63 $169.60 $165.10 $145.93 Prime 4 -0.76 $165.34 $180.08 $196.05 $191.55 $172.38 Choice 4 -11.93 $154.17 $168.91 $184.88 $180.38 $161.21 ----------------------------------------------------------------------------- *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