Advice and Tips

Beef Carcass Price Equivalent

NW_LS410

Des Moines, IA     Mon, Sep 15, 2014     USDA Market News



USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE



                             CHOICE              SELECT

Index                       600-900#            600-900#

 Values =>                    $235.49             $221.09

 Change =>                      -1.13               -2.05

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

Current Index Reflects the Equivalent of 133,928 head of cattle.

SUPPLY (Live)  65,427 Hd

Equivalent:                   $233.95             $220.89

DEMAND (Box)   68,501 Hd*

Equivalent:                   $237.02             $221.28

Live-Box Spread:              ($3.07)             ($0.39)

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

         National Daily Direct Cattle          :      Boxed Beef Cutouts

        (5 day accumulated wghtd avg)          : Ch 600-900#          $249.02

                  Weight   Price     Head      : Se 600-900#          $233.28

  Live Steer:          1426   $160.74    24,861: Current Lds:           147.6

  Live Heifer:         1287   $161.24    16,354: Previous Lds:          173.8

  Drsd Steer:           923   $248.57    15,900

  Drsd Heifer:          814   $250.18     8,312

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

      Grading % Breakdown            :         Drop Credit      :       16.64

 Ch 600-900# :                 75.46%:         Steer Dressing % :      63.71%

 Ch 600-750# :                 25.20%:         Heifer Dressing %:      63.66%

 Ch 750-900# :                 50.27%:         Processing Cost  :       12.00

 Se 600-900# :                 24.54%:         Slaughter Cost   :       50.50

 Se 600-750# :                  6.00%:

 Se 750-900# :                 18.53%:

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

 Equivalent Values for Outlying Beef Carcass Types

 Basis Value = 235.49                       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   $223.31   $236.98   $250.81   $246.47   $227.14

 Certified 1-3         4.66   $212.65   $226.32   $240.15   $235.81   $216.48

 Choice 1              3.25   $211.24   $224.91   $238.74   $234.40   $215.07

 Select 1             -9.33   $198.66   $212.33   $226.16   $221.82   $202.49

 Stndrd 1-3          -24.42   $183.57   $197.24   $211.07   $206.73   $187.40

 Prime 4               3.33   $211.32   $224.99   $238.82   $234.48   $215.15

 Choice 4            -10.77   $197.22   $210.89   $224.72   $220.38   $201.05

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

*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