NW_LS410 Des Moines, IA Thu, Aug 06, 2020 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $172.80 $159.73 Change => 1.19 1.24 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 106,629 head of cattle. SUPPLY (Live) 57,329 Hd Equivalent: $152.94 $139.45 DEMAND (Box) 49,300 Hd* Equivalent: $192.66 $180.01 Live-Box Spread: ($39.72) ($40.56) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $204.66 Weight Price Head : Se 600-900# $192.01 Live Steer: 1443 $100.41 29,622: Current Lds: 143.1 Live Heifer: 1283 $100.09 18,586: Previous Lds: 152.0 Drsd Steer: 908 $159.25 6,330 Drsd Heifer: 819 $160.61 2,791 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 7.27 Ch 600-900# : 86.37%: Steer Dressing % : 63.58% Ch 600-750# : 34.91%: Heifer Dressing %: 63.59% Ch 750-900# : 51.46%: Processing Cost : 12.00 Se 600-900# : 13.63%: Slaughter Cost : 50.50 Se 600-750# : 3.56%: Se 750-900# : 10.07%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 172.80 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 12.40 $154.49 $167.56 $185.20 $180.86 $169.20 Certified 1-3 5.18 $147.27 $160.34 $177.98 $173.64 $161.98 Choice 1 3.79 $145.88 $158.95 $176.59 $172.25 $160.59 Select 1 -9.13 $132.96 $146.03 $163.67 $159.33 $147.67 Stndrd 1-3 -21.17 $120.92 $133.99 $151.63 $147.29 $135.63 Prime 4 -0.24 $141.85 $154.92 $172.56 $168.22 $156.56 Choice 4 -11.21 $130.88 $143.95 $161.59 $157.25 $145.59 ----------------------------------------------------------------------------- *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