NW_LS410 Des Moines, IA Wed, Dec 11, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $193.90 $176.40 Change => -1.48 -0.87 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 129,973 head of cattle. SUPPLY (Live) 69,656 Hd Equivalent: $181.16 $161.08 DEMAND (Box) 60,317 Hd* Equivalent: $206.65 $191.72 Live-Box Spread: ($25.49) ($30.64) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $218.65 Weight Price Head : Se 600-900# $203.72 Live Steer: 1452 $118.83 26,736: Current Lds: 165.2 Live Heifer: 1310 $118.66 17,348: Previous Lds: 208.5 Drsd Steer: 945 $188.15 13,914 Drsd Heifer: 840 $188.20 11,658 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.28 Ch 600-900# : 84.70%: Steer Dressing % : 62.87% Ch 600-750# : 34.88%: Heifer Dressing %: 62.91% Ch 750-900# : 49.81%: Processing Cost : 12.00 Se 600-900# : 15.30%: Slaughter Cost : 50.50 Se 600-750# : 4.21%: Se 750-900# : 11.10%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 193.90 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -30.71 -17.64 -4.34 -17.33 ----------------------------------------------------------------------------- Prime 1-3 14.26 $177.45 $190.52 $208.16 $203.82 $190.83 Certified 1-3 5.21 $168.40 $181.47 $199.11 $194.77 $181.78 Choice 1 3.79 $166.98 $180.05 $197.69 $193.35 $180.36 Select 1 -15.75 $147.44 $160.51 $178.15 $173.81 $160.82 Stndrd 1-3 -30.97 $132.22 $145.29 $162.93 $158.59 $145.60 Prime 4 1.62 $164.81 $177.88 $195.52 $191.18 $178.19 Choice 4 -11.21 $151.98 $165.05 $182.69 $178.35 $165.36 ----------------------------------------------------------------------------- *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