NW_LS410
Des Moines, IA Fri, Mar 01, 2019 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $200.24 $193.73
Change => 0.70 0.80
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Current Index Reflects the Equivalent of 79,757 head of cattle.
SUPPLY (Live) 38,039 Hd
Equivalent: $191.20 $182.67
DEMAND (Box) 41,718 Hd*
Equivalent: $209.29 $204.79
Live-Box Spread: ($18.09) ($22.12)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $221.29
Weight Price Head : Se 600-900# $216.79
Live Steer: 1471 $126.51 17,366: Current Lds: 75.1
Live Heifer: 1354 $126.11 9,729: Previous Lds: 136.0
Drsd Steer: 912 $201.94 7,332
Drsd Heifer: 841 $202.20 3,612
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Grading % Breakdown : Drop Credit : 8.98
Ch 600-900# : 86.22%: Steer Dressing % : 63.57%
Ch 600-750# : 36.25%: Heifer Dressing %: 63.52%
Ch 750-900# : 49.97%: Processing Cost : 12.00
Se 600-900# : 13.78%: Slaughter Cost : 50.50
Se 600-750# : 3.81%:
Se 750-900# : 9.97%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 200.24 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 12.67 $182.20 $196.94 $212.91 $208.41 $189.24
Certified 1-3 5.28 $174.81 $189.55 $205.52 $201.02 $181.85
Choice 1 3.86 $173.39 $188.13 $204.10 $199.60 $180.43
Select 1 -4.05 $165.48 $180.22 $196.19 $191.69 $172.52
Stndrd 1-3 -27.64 $141.89 $156.63 $172.60 $168.10 $148.93
Prime 4 -0.76 $168.77 $183.51 $199.48 $194.98 $175.81
Choice 4 -11.93 $157.60 $172.34 $188.31 $183.81 $164.64
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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