USDA Market Reports

Beef Carcass Price Equivalent

NW_LS410

Des Moines, IA     Wed, Dec 17, 2014     USDA Market News



USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE



                             CHOICE              SELECT

Index                       600-900#            600-900#

 Values =>                    $235.14             $222.60

 Change =>                      -0.56               -1.88

-----------------------------------------------------------------------------

Current Index Reflects the Equivalent of 110,812 head of cattle.

SUPPLY (Live)  45,917 Hd

Equivalent:                   $239.87             $226.06

DEMAND (Box)   64,895 Hd*

Equivalent:                   $230.41             $219.13

Live-Box Spread:               $9.46               $6.93

----------------------------  Input Breakdown   -----------------------------

         National Daily Direct Cattle          :      Boxed Beef Cutouts

        (5 day accumulated wghtd avg)          : Ch 600-900#          $242.41

                  Weight   Price     Head      : Se 600-900#          $231.13

  Live Steer:          1440   $162.03    17,059: Current Lds:           203.6

  Live Heifer:         1263   $162.87     8,701: Previous Lds:          189.2

  Drsd Steer:           934   $255.39    14,915

  Drsd Heifer:          856   $255.62     5,242

-----------------------------------------------------------------------------

      Grading % Breakdown            :         Drop Credit      :       15.89

 Ch 600-900# :                 77.23%:         Steer Dressing % :      63.57%

 Ch 600-750# :                 24.62%:         Heifer Dressing %:      63.56%

 Ch 750-900# :                 52.61%:         Processing Cost  :       12.00

 Se 600-900# :                 22.77%:         Slaughter Cost   :       50.50

 Se 600-750# :                  4.32%:

 Se 750-900# :                 18.45%:

-----------------------------------------------------------------------------

 Equivalent Values for Outlying Beef Carcass Types

 Basis Value = 235.14                       Carcass Weights

                             400-500#500-600#  600-900#  900-1000#  1000#/up

 Qlty/Yield      (1)           -27.50    -13.83               -4.34    -23.67

-----------------------------------------------------------------------------

 Prime 1-3            14.39   $222.03   $235.70   $249.53   $245.19   $225.86

 Certified 1-3         5.00   $212.64   $226.31   $240.14   $235.80   $216.47

 Choice 1              3.25   $210.89   $224.56   $238.39   $234.05   $214.72

 Select 1            -10.08   $197.56   $211.23   $225.06   $220.72   $201.39

 Stndrd 1-3          -25.99   $181.65   $195.32   $209.15   $204.81   $185.48

 Prime 4               2.40   $210.04   $223.71   $237.54   $233.20   $213.87

 Choice 4            -10.77   $196.87   $210.54   $224.37   $220.03   $200.70

-----------------------------------------------------------------------------

*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

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