Advice and Tips

Beef Carcass Price Equivalent

NW_LS410

Des Moines, IA     Fri, Nov 07, 2014     USDA Market News



USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE



                             CHOICE              SELECT

Index                       600-900#            600-900#

 Values =>                    $241.98             $229.18

 Change =>                      -0.72                0.39

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

Current Index Reflects the Equivalent of 93,142 head of cattle.

SUPPLY (Live)  30,815 Hd

Equivalent:                   $246.85             $232.30

DEMAND (Box)   62,327 Hd*

Equivalent:                   $237.11             $226.07

Live-Box Spread:               $9.74               $6.23

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

         National Daily Direct Cattle          :      Boxed Beef Cutouts

        (5 day accumulated wghtd avg)          : Ch 600-900#          $249.11

                  Weight   Price     Head      : Se 600-900#          $238.07

  Live Steer:          1415   $167.19    11,409: Current Lds:           131.3

  Live Heifer:         1289   $167.30     9,069: Previous Lds:          183.4

  Drsd Steer:           921   $263.01     7,900

  Drsd Heifer:          850   $263.30     2,437

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

      Grading % Breakdown            :         Drop Credit      :       16.46

 Ch 600-900# :                 75.27%:         Steer Dressing % :      63.40%

 Ch 600-750# :                 26.07%:         Heifer Dressing %:      63.17%

 Ch 750-900# :                 49.20%:         Processing Cost  :       12.00

 Se 600-900# :                 24.73%:         Slaughter Cost   :       50.50

 Se 600-750# :                  6.17%:

 Se 750-900# :                 18.55%:

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

 Equivalent Values for Outlying Beef Carcass Types

 Basis Value = 241.98                       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   $229.80   $243.47   $257.30   $252.96   $233.63

 Certified 1-3         5.00   $219.48   $233.15   $246.98   $242.64   $223.31

 Choice 1              3.25   $217.73   $231.40   $245.23   $240.89   $221.56

 Select 1            -10.83   $203.65   $217.32   $231.15   $226.81   $207.48

 Stndrd 1-3          -25.85   $188.63   $202.30   $216.13   $211.79   $192.46

 Prime 4               3.33   $217.81   $231.48   $245.31   $240.97   $221.64

 Choice 4            -10.77   $203.71   $217.38   $231.21   $226.87   $207.54

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

*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