Beef Carcass Price Equivalent
11/03/2009 04:15PM
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Des Moines, IA Tue, Nov 03, 2009 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $130.58 $124.97
Change => 0.16 0.36
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Current Index Reflects the Equivalent of 234,556 head of cattle.
SUPPLY (Live) 149,055 Hd
Equivalent: $131.30 $125.47
DEMAND (Box) 85,501 Hd*
Equivalent: $129.85 $124.46
Live-Box Spread: $1.45 $1.01
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $141.85
Weight Price Head : Se 600-900# $136.46
Live Steer: 1346 $86.90 51,764: Current Lds: 200.4
Live Heifer: 1210 $86.81 51,067: Previous Lds: 202.6
Drsd Steer: 890 $133.79 25,311
Drsd Heifer: 808 $134.72 20,913
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Grading % Breakdown : Drop Credit : 8.46
Ch 600-900# : 71.82% : Steer Dressing % : 63.59%
Ch 600-750# : 24.83% : Heifer Dressing %: 63.59%
Ch 750-900# : 46.98% : Processing Cost : 12.00
Se 600-900# : 28.18% : Slaughter Cost : 50.50
Se 600-750# : 8.17% :
Se 750-900# : 20.01% :
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 130.58 Carcass Weights
400-500# 500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -25.45 -9.79 0.00 -3.21 -19.09
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Prime 1-3 10.14 $115.27 $130.93 $140.72 $137.51 $121.63
Certified 1-3 3.68 $108.81 $124.47 $134.26 $131.05 $115.17
Choice 1 3.17 $108.30 $123.96 $133.75 $130.54 $114.66
Select 1 -2.16 $102.97 $118.63 $128.42 $125.21 $109.33
Stndrd 1-3 -16.22 $88.91 $104.57 $114.36 $111.15 $95.27
Prime 4 -2.44 $102.69 $118.35 $128.14 $124.93 $109.05
Choice 4 -11.40 $93.73 $109.39 $119.18 $115.97 $100.09
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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, Des Moines, IA
Phone: 515-284-4460 email: desm.lgmn@usda.gov
24 Hour recorded market information 515-284-4830
www.ams.usda.gov/LSMarketNews
1545C BCS
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