NW_LS410
Des Moines, IA Wed, Dec 05, 2018 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $189.13 $173.43
Change => -0.29 -0.31
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Current Index Reflects the Equivalent of 146,433 head of cattle.
SUPPLY (Live) 91,568 Hd
Equivalent: $177.01 $162.00
DEMAND (Box) 54,865 Hd*
Equivalent: $201.26 $184.86
Live-Box Spread: ($24.25) ($22.86)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $213.26
Weight Price Head : Se 600-900# $196.86
Live Steer: 1464 $117.01 45,800: Current Lds: 182.7
Live Heifer: 1315 $116.84 22,609: Previous Lds: 165.5
Drsd Steer: 946 $183.22 15,993
Drsd Heifer: 867 $183.37 7,166
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Grading % Breakdown : Drop Credit : 9.03
Ch 600-900# : 84.52%: Steer Dressing % : 63.25%
Ch 600-750# : 34.52%: Heifer Dressing %: 63.26%
Ch 750-900# : 49.99%: Processing Cost : 12.00
Se 600-900# : 15.48%: Slaughter Cost : 50.50
Se 600-750# : 3.70%:
Se 750-900# : 11.78%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 189.13 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -30.71 -15.97 -4.50 -23.67
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Prime 1-3 12.73 $171.15 $185.89 $201.86 $197.36 $178.19
Certified 1-3 5.17 $163.59 $178.33 $194.30 $189.80 $170.63
Choice 1 3.86 $162.28 $177.02 $192.99 $188.49 $169.32
Select 1 -10.56 $147.86 $162.60 $178.57 $174.07 $154.90
Stndrd 1-3 -29.93 $128.49 $143.23 $159.20 $154.70 $135.53
Prime 4 -0.70 $157.72 $172.46 $188.43 $183.93 $164.76
Choice 4 -11.93 $146.49 $161.23 $177.20 $172.70 $153.53
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*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