Beef Carcass Price Equivalent Index Value
NW_LS410 Des Moines, IA Wed, Aug 12, 2020 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $176.63 $163.40 Change => 1.38 1.35 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 132,774 head of cattle. SUPPLY (Live) 79,977 Hd Equivalent: $156.16 $142.82 DEMAND (Box) 52,797 Hd* Equivalent: $197.09 $183.99 Live-Box Spread: ($40.93) ($41.17) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $209.09 Weight Price Head : Se 600-900# $195.99 Live Steer: 1449 $101.87 31,762: Current Lds: 181.9 Live Heifer: 1301 $101.84 19,870: Previous Lds: 155.5 Drsd Steer: 935 $165.13 21,593 Drsd Heifer: 843 $165.90 6,752 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 7.63 Ch 600-900# : 86.30%: Steer Dressing % : 63.65% Ch 600-750# : 34.89%: Heifer Dressing %: 63.48% Ch 750-900# : 51.42%: Processing Cost : 12.00 Se 600-900# : 13.70%: Slaughter Cost : 50.50 Se 600-750# : 3.58%: Se 750-900# : 10.12%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 176.63 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 12.80 $158.72 $171.79 $189.43 $185.09 $173.43 Certified 1-3 5.31 $151.23 $164.30 $181.94 $177.60 $165.94 Choice 1 3.79 $149.71 $162.78 $180.42 $176.08 $164.42 Select 1 -8.98 $136.94 $150.01 $167.65 $163.31 $151.65 Stndrd 1-3 -22.24 $123.68 $136.75 $154.39 $150.05 $138.39 Prime 4 0.16 $146.08 $159.15 $176.79 $172.45 $160.79 Choice 4 -11.21 $134.71 $147.78 $165.42 $161.08 $149.42 ----------------------------------------------------------------------------- *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