Advice and Tips

Beef Carcass Price Equivalent

NW_LS410

Des Moines, IA     Tue, Sep 09, 2014     USDA Market News



USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE



                             CHOICE              SELECT

Index                       600-900#            600-900#

 Values =>                    $236.73             $224.75

 Change =>                       1.61                2.19

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

Current Index Reflects the Equivalent of 149,980 head of cattle.

SUPPLY (Live)  71,158 Hd

Equivalent:                   $234.38             $222.81

DEMAND (Box)   78,822 Hd*

Equivalent:                   $239.08             $226.68

Live-Box Spread:              ($4.70)             ($3.87)

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

         National Daily Direct Cattle          :      Boxed Beef Cutouts

        (5 day accumulated wghtd avg)          : Ch 600-900#          $251.08

                  Weight   Price     Head      : Se 600-900#          $238.68

  Live Steer:          1418   $160.84    28,869: Current Lds:           183.2

  Live Heifer:         1262   $161.17    18,334: Previous Lds:          155.0

  Drsd Steer:           922   $250.42    16,176

  Drsd Heifer:          818   $251.22     7,779

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

      Grading % Breakdown            :         Drop Credit      :       16.78

 Ch 600-900# :                 75.28%:         Steer Dressing % :      63.56%

 Ch 600-750# :                 25.96%:         Heifer Dressing %:      63.48%

 Ch 750-900# :                 49.32%:         Processing Cost  :       12.00

 Se 600-900# :                 24.72%:         Slaughter Cost   :       50.50

 Se 600-750# :                  6.64%:

 Se 750-900# :                 18.08%:

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

 Equivalent Values for Outlying Beef Carcass Types

 Basis Value = 236.73                       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            15.32   $224.55   $238.22   $252.05   $247.71   $228.38

 Certified 1-3         4.66   $213.89   $227.56   $241.39   $237.05   $217.72

 Choice 1              3.25   $212.48   $226.15   $239.98   $235.64   $216.31

 Select 1             -7.83   $201.40   $215.07   $228.90   $224.56   $205.23

 Stndrd 1-3          -23.71   $185.52   $199.19   $213.02   $208.68   $189.35

 Prime 4               3.33   $212.56   $226.23   $240.06   $235.72   $216.39

 Choice 4            -10.77   $198.46   $212.13   $225.96   $221.62   $202.29

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

*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