Beef Carcass Price Equivalent

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

NW_LS410
Des Moines, IA     Fri, May 16, 2014     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $215.99             $204.86
 Change =>                       0.03                0.26
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 153,670 head of cattle.
SUPPLY (Live)  98,224 Hd
Equivalent:                   $217.99             $205.01
DEMAND (Box)   55,446 Hd*
Equivalent:                   $213.98             $204.71
Live-Box Spread:               $4.01               $0.30
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $225.98
                  Weight   Price     Head      : Se 600-900#          $216.71
  Live Steer:          1336   $147.60    34,226: Current Lds:           121.9
  Live Heifer:         1218   $147.52    21,088: Previous Lds:          116.1
  Drsd Steer:           859   $235.23    32,436
  Drsd Heifer:          789   $234.85    10,474
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       15.59
 Ch 600-900# :                 74.64%:         Steer Dressing % :      63.56%
 Ch 600-750# :                 24.55%:         Heifer Dressing %:      63.46%
 Ch 750-900# :                 50.09%:         Processing Cost  :       12.00
 Se 600-900# :                 25.36%:         Slaughter Cost   :       50.50
 Se 600-750# :                  6.22%:
 Se 750-900# :                 19.15%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 215.99                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -27.33    -13.44               -3.83    -23.13
-----------------------------------------------------------------------------
 Prime 1-3            14.34   $203.00   $216.89   $230.33   $226.50   $207.20
 Certified 1-3         5.20   $193.86   $207.75   $221.19   $217.36   $198.06
 Choice 1              3.46   $192.12   $206.01   $219.45   $215.62   $196.32
 Select 1             -9.00   $179.66   $193.55   $206.99   $203.16   $183.86
 Stndrd 1-3          -24.36   $164.30   $178.19   $191.63   $187.80   $168.50
 Prime 4               2.10   $190.76   $204.65   $218.09   $214.26   $194.96
 Choice 4            -10.93   $177.73   $191.62   $205.06   $201.23   $181.93
-----------------------------------------------------------------------------
*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



Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


HPX 4x4 Diesel

Not only is the Gator HPX 4x4 the fastest choice in the John Deere Work Utility Vehicle line-up (with a top ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Leads to Insight