Advice and Tips

Beef Carcass Price Equivalent

NW_LS410

Des Moines, IA     Wed, Sep 17, 2014     USDA Market News



USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE



                             CHOICE              SELECT

Index                       600-900#            600-900#

 Values =>                    $234.11             $220.78

 Change =>                      -0.81               -0.27

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

Current Index Reflects the Equivalent of 132,549 head of cattle.

SUPPLY (Live)  64,121 Hd

Equivalent:                   $234.31             $221.25

DEMAND (Box)   68,428 Hd*

Equivalent:                   $233.91             $220.32

Live-Box Spread:               $0.40               $0.93

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

         National Daily Direct Cattle          :      Boxed Beef Cutouts

        (5 day accumulated wghtd avg)          : Ch 600-900#          $245.91

                  Weight   Price     Head      : Se 600-900#          $232.32

  Live Steer:          1427   $160.74    24,514: Current Lds:           236.5

  Live Heifer:         1287   $161.23    16,396: Previous Lds:          181.3

  Drsd Steer:           924   $248.50    15,302

  Drsd Heifer:          812   $250.24     7,909

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

      Grading % Breakdown            :         Drop Credit      :       16.44

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

 Ch 600-750# :                 25.20%:         Heifer Dressing %:      63.65%

 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 = 234.11                       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   $221.93   $235.60   $249.43   $245.09   $225.76

 Certified 1-3         4.66   $211.27   $224.94   $238.77   $234.43   $215.10

 Choice 1              3.25   $209.86   $223.53   $237.36   $233.02   $213.69

 Select 1             -9.33   $197.28   $210.95   $224.78   $220.44   $201.11

 Stndrd 1-3          -24.42   $182.19   $195.86   $209.69   $205.35   $186.02

 Prime 4               3.33   $209.94   $223.61   $237.44   $233.10   $213.77

 Choice 4            -10.77   $195.84   $209.51   $223.34   $219.00   $199.67

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

*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