NW_LS410 Des Moines, IA Fri, Apr 05, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $202.76 $194.01 Change => 0.17 1.03 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 85,857 head of cattle. SUPPLY (Live) 40,522 Hd Equivalent: $190.58 $179.74 DEMAND (Box) 45,335 Hd* Equivalent: $214.93 $208.28 Live-Box Spread: ($24.35) ($28.54) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $226.93 Weight Price Head : Se 600-900# $220.28 Live Steer: 1382 $125.06 19,105: Current Lds: 132.2 Live Heifer: 1271 $124.88 11,801: Previous Lds: 105.7 Drsd Steer: 912 $204.40 7,730 Drsd Heifer: 838 $204.76 1,886 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.09 Ch 600-900# : 86.50%: Steer Dressing % : 63.27% Ch 600-750# : 36.69%: Heifer Dressing %: 63.22% Ch 750-900# : 49.80%: Processing Cost : 12.00 Se 600-900# : 13.50%: Slaughter Cost : 50.50 Se 600-750# : 3.09%: Se 750-900# : 10.42%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 202.76 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -30.71 -17.64 -4.50 -18.00 ----------------------------------------------------------------------------- Prime 1-3 13.80 $185.85 $198.92 $216.56 $212.06 $198.56 Certified 1-3 5.39 $177.44 $190.51 $208.15 $203.65 $190.15 Choice 1 3.86 $175.91 $188.98 $206.62 $202.12 $188.62 Select 1 -6.37 $165.68 $178.75 $196.39 $191.89 $178.39 Stndrd 1-3 -29.23 $142.82 $155.89 $173.53 $169.03 $155.53 Prime 4 1.09 $173.14 $186.21 $203.85 $199.35 $185.85 Choice 4 -11.21 $160.84 $173.91 $191.55 $187.05 $173.55 ----------------------------------------------------------------------------- *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