NW_LS410
Des Moines, IA Mon, Apr 09, 2012 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $172.14 $169.44
Change => 0.39 0.63
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Current Index Reflects the Equivalent of 154,953 head of cattle.
SUPPLY (Live) 75,892 Hd
Equivalent: $177.66 $174.01
DEMAND (Box) 79,061 Hd*
Equivalent: $166.61 $164.88
Live-Box Spread: $11.05 $9.13
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $178.61
Weight Price Head : Se 600-900# $176.88
Live Steer: 1309 $121.84 26,107: Current Lds: 170.5
Live Heifer: 1209 $121.87 30,685: Previous Lds: 154.6
Drsd Steer: 868 $193.44 13,877
Drsd Heifer: 821 $193.65 5,223
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Grading % Breakdown : Drop Credit : 13.11
Ch 600-900# : 75.12%: Steer Dressing % : 64.04%
Ch 600-750# : 23.87%: Heifer Dressing %: 63.85%
Ch 750-900# : 51.25%: Processing Cost : 12.00
Se 600-900# : 24.88%: Slaughter Cost : 50.50
Se 600-750# : 5.36%:
Se 750-900# : 19.52%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 172.14 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -28.93 -13.04 -1.70 -21.54
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Prime 1-3 16.43 $159.64 $175.53 $188.57 $186.87 $167.03
Certified 1-3 4.20 $147.41 $163.30 $176.34 $174.64 $154.80
Choice 1 3.38 $146.59 $162.48 $175.52 $173.82 $153.98
Select 1 0.29 $143.50 $159.39 $172.43 $170.73 $150.89
Stndrd 1-3 -19.01 $124.20 $140.09 $153.13 $151.43 $131.59
Prime 4 3.73 $146.94 $162.83 $175.87 $174.17 $154.33
Choice 4 -11.38 $131.83 $147.72 $160.76 $159.06 $139.22
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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
Beef Carcass Price Equivalent
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