NW_LS410 Des Moines, IA Fri, Apr 12, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $203.92 $194.50 Change => -0.15 0.42 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 95,722 head of cattle. SUPPLY (Live) 50,366 Hd Equivalent: $191.10 $179.99 DEMAND (Box) 45,356 Hd* Equivalent: $216.75 $209.02 Live-Box Spread: ($25.65) ($29.03) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $228.75 Weight Price Head : Se 600-900# $221.02 Live Steer: 1403 $125.61 24,200: Current Lds: 120.5 Live Heifer: 1285 $124.89 15,463: Previous Lds: 111.1 Drsd Steer: 903 $204.64 7,010 Drsd Heifer: 822 $204.67 3,693 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.18 Ch 600-900# : 86.61%: Steer Dressing % : 63.15% Ch 600-750# : 35.70%: Heifer Dressing %: 63.05% Ch 750-900# : 50.91%: Processing Cost : 12.00 Se 600-900# : 13.39%: Slaughter Cost : 50.50 Se 600-750# : 2.85%: Se 750-900# : 10.54%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 203.92 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 13.87 $187.08 $200.15 $217.79 $213.29 $199.79 Certified 1-3 5.28 $178.49 $191.56 $209.20 $204.70 $191.20 Choice 1 3.86 $177.07 $190.14 $207.78 $203.28 $189.78 Select 1 -6.64 $166.57 $179.64 $197.28 $192.78 $179.28 Stndrd 1-3 -29.03 $144.18 $157.25 $174.89 $170.39 $156.89 Prime 4 1.16 $174.37 $187.44 $205.08 $200.58 $187.08 Choice 4 -11.21 $162.00 $175.07 $192.71 $188.21 $174.71 ----------------------------------------------------------------------------- *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