Advice and Tips

Beef Carcass Price Equivalent

NW_LS410

Des Moines, IA     Thu, Jul 10, 2014     USDA Market News



USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE



                             CHOICE              SELECT

Index                       600-900#            600-900#

 Values =>                    $235.80             $227.18

 Change =>                       0.68                0.51

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

Current Index Reflects the Equivalent of 146,288 head of cattle.

SUPPLY (Live)  94,707 Hd

Equivalent:                   $231.42             $222.84

DEMAND (Box)   51,581 Hd*

Equivalent:                   $240.17             $231.52

Live-Box Spread:              ($8.75)             ($8.68)

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

         National Daily Direct Cattle          :      Boxed Beef Cutouts

        (5 day accumulated wghtd avg)          : Ch 600-900#          $252.17

                  Weight   Price     Head      : Se 600-900#          $243.52

  Live Steer:          1382   $157.51    42,078: Current Lds:           136.9

  Live Heifer:         1253   $157.96    17,575: Previous Lds:          160.6

  Drsd Steer:           895   $249.13    25,014

  Drsd Heifer:          802   $249.61    10,040

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

      Grading % Breakdown            :         Drop Credit      :       15.66

 Ch 600-900# :                 75.16%:         Steer Dressing % :      63.48%

 Ch 600-750# :                 26.33%:         Heifer Dressing %:      63.47%

 Ch 750-900# :                 48.82%:         Processing Cost  :       12.00

 Se 600-900# :                 24.84%:         Slaughter Cost   :       50.50

 Se 600-750# :                  6.66%:

 Se 750-900# :                 18.18%:

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

 Equivalent Values for Outlying Beef Carcass Types

 Basis Value = 235.80                       Carcass Weights

                             400-500#500-600#  600-900#  900-1000#  1000#/up

 Qlty/Yield      (1)           -27.50    -13.83               -4.34    -23.67

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

 Prime 1-3            14.92   $223.22   $236.89   $250.72   $246.38   $227.05

 Certified 1-3         5.44   $213.74   $227.41   $241.24   $236.90   $217.57

 Choice 1              3.25   $211.55   $225.22   $239.05   $234.71   $215.38

 Select 1             -4.83   $203.47   $217.14   $230.97   $226.63   $207.30

 Stndrd 1-3          -22.28   $186.02   $199.69   $213.52   $209.18   $189.85

 Prime 4               2.93   $211.23   $224.90   $238.73   $234.39   $215.06

 Choice 4            -10.77   $197.53   $211.20   $225.03   $220.69   $201.36

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

*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