Menu

Cattle Network Cattle Network

Click here for navigation menu

Search form

Advice and Tips

Beef Carcass Price Equivalent

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

Welcome

to our redesigned homepage!

Scroll Down for more stories

Feedback Form
Feedback Form