Advice and Tips

Beef Carcass Price Equivalent

NW_LS410

Des Moines, IA     Tue, Oct 07, 2014     USDA Market News



USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE



                             CHOICE              SELECT

Index                       600-900#            600-900#

 Values =>                    $233.92             $221.00

 Change =>                       1.30                1.48

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

Current Index Reflects the Equivalent of 148,149 head of cattle.

SUPPLY (Live)  73,876 Hd

Equivalent:                   $235.96             $221.73

DEMAND (Box)   74,273 Hd*

Equivalent:                   $231.88             $220.26

Live-Box Spread:               $4.08               $1.47

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

         National Daily Direct Cattle          :      Boxed Beef Cutouts

        (5 day accumulated wghtd avg)          : Ch 600-900#          $243.88

                  Weight   Price     Head      : Se 600-900#          $232.26

  Live Steer:          1432   $160.45    31,863: Current Lds:           171.4

  Live Heifer:         1290   $161.03    15,723: Previous Lds:          165.3

  Drsd Steer:           929   $251.84    17,430

  Drsd Heifer:          813   $253.30     8,860

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

      Grading % Breakdown            :         Drop Credit      :       16.39

 Ch 600-900# :                 76.01%:         Steer Dressing % :      63.47%

 Ch 600-750# :                 24.14%:         Heifer Dressing %:      63.47%

 Ch 750-900# :                 51.86%:         Processing Cost  :       12.00

 Se 600-900# :                 23.99%:         Slaughter Cost   :       50.50

 Se 600-750# :                  4.93%:

 Se 750-900# :                 19.07%:

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

 Equivalent Values for Outlying Beef Carcass Types

 Basis Value = 233.92                       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   $221.74   $235.41   $249.24   $244.90   $225.57

 Certified 1-3         4.66   $211.08   $224.75   $238.58   $234.24   $214.91

 Choice 1              3.25   $209.67   $223.34   $237.17   $232.83   $213.50

 Select 1            -10.50   $195.92   $209.59   $223.42   $219.08   $199.75

 Stndrd 1-3          -25.14   $181.28   $194.95   $208.78   $204.44   $185.11

 Prime 4               3.33   $209.75   $223.42   $237.25   $232.91   $213.58

 Choice 4            -10.77   $195.65   $209.32   $223.15   $218.81   $199.48

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

*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