Markets

Beef Carcass Price Equivalent

NW_LS410

Des Moines, IA     Wed, Jan 07, 2015     USDA Market News



USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE



                             CHOICE              SELECT

Index                       600-900#            600-900#

 Values =>                    $244.49             $234.26

 Change =>                       2.47                2.29

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

Current Index Reflects the Equivalent of 182,207 head of cattle.

SUPPLY (Live)  120,663 Hd

Equivalent:                   $248.23             $238.40

DEMAND (Box)   61,544 Hd*

Equivalent:                   $240.75             $230.12

Live-Box Spread:               $7.48               $8.28

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

         National Daily Direct Cattle          :      Boxed Beef Cutouts

        (5 day accumulated wghtd avg)          : Ch 600-900#          $252.75

                  Weight   Price     Head      : Se 600-900#          $242.12

  Live Steer:          1438   $167.34    50,820: Current Lds:           218.2

  Live Heifer:         1299   $167.91    26,326: Previous Lds:          179.5

  Drsd Steer:           922   $267.51    25,105

  Drsd Heifer:          837   $267.87    18,412

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

      Grading % Breakdown            :         Drop Credit      :       15.43

 Ch 600-900# :                 78.33%:         Steer Dressing % :      63.44%

 Ch 600-750# :                 26.05%:         Heifer Dressing %:      63.50%

 Ch 750-900# :                 52.29%:         Processing Cost  :       12.00

 Se 600-900# :                 21.67%:         Slaughter Cost   :       50.50

 Se 600-750# :                  4.68%:

 Se 750-900# :                 16.99%:

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

 Equivalent Values for Outlying Beef Carcass Types

 Basis Value = 244.49                       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            14.39   $231.38   $245.05   $258.88   $254.79   $235.21

 Certified 1-3         4.78   $221.77   $235.44   $249.27   $245.18   $225.60

 Choice 1              3.25   $220.24   $233.91   $247.74   $243.65   $224.07

 Select 1             -6.08   $210.91   $224.58   $238.41   $234.32   $214.74

 Stndrd 1-3          -23.99   $193.00   $206.67   $220.50   $216.41   $196.83

 Prime 4               2.40   $219.39   $233.06   $246.89   $242.80   $223.22

 Choice 4            -10.77   $206.22   $219.89   $233.72   $229.63   $210.05

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

*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