Beef Carcass Price Equivalent
11/06/2009 04:15PM
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Des Moines, IA Fri, Nov 06, 2009 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $129.61 $124.03
Change => -0.27 -0.15
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Current Index Reflects the Equivalent of 184,704 head of cattle.
SUPPLY (Live) 95,725 Hd
Equivalent: $130.45 $124.61
DEMAND (Box) 88,979 Hd*
Equivalent: $128.78 $123.44
Live-Box Spread: $1.67 $1.17
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $140.78
Weight Price Head : Se 600-900# $135.44
Live Steer: 1364 $86.50 36,725: Current Lds: 218.4
Live Heifer: 1230 $86.46 30,767: Previous Lds: 249.2
Drsd Steer: 875 $134.14 15,144
Drsd Heifer: 787 $134.96 13,089
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Grading % Breakdown : Drop Credit : 8.99
Ch 600-900# : 71.82% : Steer Dressing % : 63.38%
Ch 600-750# : 24.83% : Heifer Dressing %: 63.38%
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 = 129.61 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 $114.30 $129.96 $139.75 $136.54 $120.66
Certified 1-3 3.68 $107.84 $123.50 $133.29 $130.08 $114.20
Choice 1 3.17 $107.33 $122.99 $132.78 $129.57 $113.69
Select 1 -2.16 $102.00 $117.66 $127.45 $124.24 $108.36
Stndrd 1-3 -16.22 $87.94 $103.60 $113.39 $110.18 $94.30
Prime 4 -2.44 $101.72 $117.38 $127.17 $123.96 $108.08
Choice 4 -11.40 $92.76 $108.42 $118.21 $115.00 $99.12
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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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