USDA Market Reports

Beef Carcass Price Equivalent

NW_LS410

Des Moines, IA     Fri, Dec 19, 2014     USDA Market News



USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE



                             CHOICE              SELECT

Index                       600-900#            600-900#

 Values =>                    $231.79             $220.54

 Change =>                      -2.28               -0.81

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

Current Index Reflects the Equivalent of 120,871 head of cattle.

SUPPLY (Live)  58,862 Hd

Equivalent:                   $237.01             $223.20

DEMAND (Box)   62,009 Hd*

Equivalent:                   $226.57             $217.88

Live-Box Spread:              $10.44               $5.32

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

         National Daily Direct Cattle          :      Boxed Beef Cutouts

        (5 day accumulated wghtd avg)          : Ch 600-900#          $238.57

                  Weight   Price     Head      : Se 600-900#          $229.88

  Live Steer:          1437   $159.85    21,622: Current Lds:           185.0

  Live Heifer:         1285   $159.61    11,860: Previous Lds:          136.4

  Drsd Steer:           933   $253.45    18,741

  Drsd Heifer:          860   $252.67     6,639

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

      Grading % Breakdown            :         Drop Credit      :       15.74

 Ch 600-900# :                 77.23%:         Steer Dressing % :      63.52%

 Ch 600-750# :                 24.62%:         Heifer Dressing %:      63.46%

 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 = 231.79                       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   $218.68   $232.35   $246.18   $241.84   $222.51

 Certified 1-3         5.00   $209.29   $222.96   $236.79   $232.45   $213.12

 Choice 1              3.25   $207.54   $221.21   $235.04   $230.70   $211.37

 Select 1            -10.08   $194.21   $207.88   $221.71   $217.37   $198.04

 Stndrd 1-3          -25.99   $178.30   $191.97   $205.80   $201.46   $182.13

 Prime 4               2.40   $206.69   $220.36   $234.19   $229.85   $210.52

 Choice 4            -10.77   $193.52   $207.19   $221.02   $216.68   $197.35

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

*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

No comments

Add new comment

(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.

Welcome

to our redesigned homepage!

Scroll Down for more stories