Healthy Heifer
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Beef Carcass Price Equivalent
NW_LS410 ***Corrected Copy***
Des Moines, IA Wed, Feb 22, 2012 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $186.41 $181.19
Change => 1.33 0.71
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Current Index Reflects the Equivalent of 199,086 head of cattle.
SUPPLY (Live) 131,258 Hd
Equivalent: $187.95 $181.75
DEMAND (Box) 67,828 Hd*
Equivalent: $184.88 $180.63
Live-Box Spread: $3.07 $1.12
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $196.88
Weight Price Head : Se 600-900# $192.63
Live Steer: 1342 $128.06 42,231: Current Lds: 207.9
Live Heifer: 1245 $127.99 38,243: Previous Lds: 160.2
Drsd Steer: 893 $202.42 29,087
Drsd Heifer: 816 $202.55 21,697
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Grading % Breakdown : Drop Credit : 13.17
Ch 600-900# : 75.21%: Steer Dressing % : 63.88%
Ch 600-750# : 24.51%: Heifer Dressing %: 63.87%
Ch 750-900# : 50.70%: Processing Cost : 12.00
Se 600-900# : 24.79%: Slaughter Cost : 50.50
Se 600-750# : 5.41%:
Se 750-900# : 19.38%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 186.41 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -28.93 -13.58 -1.70 -21.54
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Prime 1-3 15.07 $172.55 $187.90 $201.48 $199.78 $179.94
Certified 1-3 4.07 $161.55 $176.90 $190.48 $188.78 $168.94
Choice 1 3.38 $160.86 $176.21 $189.79 $188.09 $168.25
Select 1 -2.26 $155.22 $170.57 $184.15 $182.45 $162.61
Stndrd 1-3 -18.60 $138.88 $154.23 $167.81 $166.11 $146.27
Prime 4 2.67 $160.15 $175.50 $189.08 $187.38 $167.54
Choice 4 -11.08 $146.40 $161.75 $175.33 $173.63 $153.79
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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 Service, Des Moines, IA
Bryant Smith 515-284-4460 Desm.LGMN@ams.usda.gov
24 Hour recorded market information 515-284-4830
www.ams.usda.gov/mnreports/NW_LS410.txt
www.ams.usda.gov/LSMarketNews
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