NW_LS410
Des Moines, IA Fri, Feb 01, 2019 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $194.87 $189.82
Change => -0.48 0.21
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Current Index Reflects the Equivalent of 123,126 head of cattle.
SUPPLY (Live) 79,643 Hd
Equivalent: $187.47 $178.50
DEMAND (Box) 43,483 Hd*
Equivalent: $202.26 $201.15
Live-Box Spread: ($14.79) ($22.65)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $214.26
Weight Price Head : Se 600-900# $213.15
Live Steer: 1460 $123.31 32,034: Current Lds: 73.4
Live Heifer: 1319 $122.84 15,534: Previous Lds: 139.4
Drsd Steer: 930 $197.34 22,978
Drsd Heifer: 831 $197.49 9,097
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Grading % Breakdown : Drop Credit : 8.96
Ch 600-900# : 85.87%: Steer Dressing % : 63.16%
Ch 600-750# : 35.78%: Heifer Dressing %: 63.13%
Ch 750-900# : 50.09%: Processing Cost : 12.00
Se 600-900# : 14.13%: Slaughter Cost : 50.50
Se 600-750# : 4.01%:
Se 750-900# : 10.11%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 194.87 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 12.93 $177.09 $191.83 $207.80 $203.30 $184.13
Certified 1-3 5.39 $169.55 $184.29 $200.26 $195.76 $176.59
Choice 1 3.86 $168.02 $182.76 $198.73 $194.23 $175.06
Select 1 -4.50 $159.66 $174.40 $190.37 $185.87 $166.70
Stndrd 1-3 -27.29 $136.87 $151.61 $167.58 $163.08 $143.91
Prime 4 -0.50 $163.66 $178.40 $194.37 $189.87 $170.70
Choice 4 -11.93 $152.23 $166.97 $182.94 $178.44 $159.27
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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