Advice and Tips

Beef Carcass Price Equivalent

NW_LS410

Des Moines, IA     Tue, Sep 16, 2014     USDA Market News



USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE



                             CHOICE              SELECT

Index                       600-900#            600-900#

 Values =>                    $234.92             $221.05

 Change =>                      -0.57               -0.04

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

Current Index Reflects the Equivalent of 133,566 head of cattle.

SUPPLY (Live)  65,205 Hd

Equivalent:                   $234.20             $221.13

DEMAND (Box)   68,361 Hd*

Equivalent:                   $235.64             $220.96

Live-Box Spread:              ($1.44)              $0.17

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

         National Daily Direct Cattle          :      Boxed Beef Cutouts

        (5 day accumulated wghtd avg)          : Ch 600-900#          $247.64

                  Weight   Price     Head      : Se 600-900#          $232.96

  Live Steer:          1426   $160.74    24,896: Current Lds:           181.3

  Live Heifer:         1287   $161.23    16,438: Previous Lds:          147.6

  Drsd Steer:           923   $248.52    15,559

  Drsd Heifer:          814   $250.18     8,312

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

      Grading % Breakdown            :         Drop Credit      :       16.49

 Ch 600-900# :                 75.46%:         Steer Dressing % :      63.70%

 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 = 234.92                       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   $222.74   $236.41   $250.24   $245.90   $226.57

 Certified 1-3         4.66   $212.08   $225.75   $239.58   $235.24   $215.91

 Choice 1              3.25   $210.67   $224.34   $238.17   $233.83   $214.50

 Select 1             -9.33   $198.09   $211.76   $225.59   $221.25   $201.92

 Stndrd 1-3          -24.42   $183.00   $196.67   $210.50   $206.16   $186.83

 Prime 4               3.33   $210.75   $224.42   $238.25   $233.91   $214.58

 Choice 4            -10.77   $196.65   $210.32   $224.15   $219.81   $200.48

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

*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