NW_LS410 Des Moines, IA Tue, Jan 28, 2020 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $194.55 $191.48 Change => -0.33 0.86 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 129,187 head of cattle. SUPPLY (Live) 81,719 Hd Equivalent: $188.25 $182.80 DEMAND (Box) 47,468 Hd* Equivalent: $200.85 $200.16 Live-Box Spread: ($12.60) ($17.36) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $212.85 Weight Price Head : Se 600-900# $212.16 Live Steer: 1486 $124.28 41,843: Current Lds: 152.6 Live Heifer: 1321 $124.43 13,893: Previous Lds: 104.5 Drsd Steer: 935 $198.74 18,682 Drsd Heifer: 845 $198.86 7,301 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.09 Ch 600-900# : 86.29%: Steer Dressing % : 62.89% Ch 600-750# : 35.90%: Heifer Dressing %: 62.91% Ch 750-900# : 50.40%: Processing Cost : 12.00 Se 600-900# : 13.71%: Slaughter Cost : 50.50 Se 600-750# : 3.18%: Se 750-900# : 10.52%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 194.55 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -30.71 -17.64 -4.34 -16.00 ----------------------------------------------------------------------------- Prime 1-3 14.13 $177.97 $191.04 $208.68 $204.34 $192.68 Certified 1-3 5.32 $169.16 $182.23 $199.87 $195.53 $183.87 Choice 1 3.79 $167.63 $180.70 $198.34 $194.00 $182.34 Select 1 -1.04 $162.80 $175.87 $193.51 $189.17 $177.51 Stndrd 1-3 -24.50 $139.34 $152.41 $170.05 $165.71 $154.05 Prime 4 1.49 $165.33 $178.40 $196.04 $191.70 $180.04 Choice 4 -11.21 $152.63 $165.70 $183.34 $179.00 $167.34 ----------------------------------------------------------------------------- *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