Markets

Beef Carcass Price Equivalent

NW_LS410

Des Moines, IA     Mon, Dec 29, 2014     USDA Market News



USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE



                             CHOICE              SELECT

Index                       600-900#            600-900#

 Values =>                    $236.00             $226.05

 Change =>                       3.72                5.39

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

Current Index Reflects the Equivalent of 116,250 head of cattle.

SUPPLY (Live)  67,396 Hd

Equivalent:                   $238.33             $227.59

DEMAND (Box)   48,854 Hd*

Equivalent:                   $233.67             $224.51

Live-Box Spread:               $4.66               $3.08

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

         National Daily Direct Cattle          :      Boxed Beef Cutouts

        (5 day accumulated wghtd avg)          : Ch 600-900#          $245.67

                  Weight   Price     Head      : Se 600-900#          $236.51

  Live Steer:          1444   $161.24    28,179: Current Lds:           114.1

  Live Heifer:         1301   $162.01    14,948: Previous Lds:           62.7

  Drsd Steer:           929   $255.92    18,106

  Drsd Heifer:          836   $257.03     6,163

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

      Grading % Breakdown            :         Drop Credit      :       15.61

 Ch 600-900# :                 77.40%:         Steer Dressing % :      63.43%

 Ch 600-750# :                 25.03%:         Heifer Dressing %:      63.32%

 Ch 750-900# :                 52.37%:         Processing Cost  :       12.00

 Se 600-900# :                 22.60%:         Slaughter Cost   :       50.50

 Se 600-750# :                  4.93%:

 Se 750-900# :                 17.67%:

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

 Equivalent Values for Outlying Beef Carcass Types

 Basis Value = 236.00                       Carcass Weights

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

 Qlty/Yield      (1)           -27.50    -13.83               -4.09    -23.67

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

 Prime 1-3            14.05   $222.55   $236.22   $250.05   $245.96   $226.38

 Certified 1-3         4.66   $213.16   $226.83   $240.66   $236.57   $216.99

 Choice 1              3.25   $211.75   $225.42   $239.25   $235.16   $215.58

 Select 1             -7.00   $201.50   $215.17   $229.00   $224.91   $205.33

 Stndrd 1-3          -24.57   $183.93   $197.60   $211.43   $207.34   $187.76

 Prime 4               2.06   $210.56   $224.23   $238.06   $233.97   $214.39

 Choice 4            -10.77   $197.73   $211.40   $225.23   $221.14   $201.56

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

*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