NW_LS410
Des Moines, IA Wed, Apr 11, 2012 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $171.17 $169.65
Change => -0.69 -0.01
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Current Index Reflects the Equivalent of 141,976 head of cattle.
SUPPLY (Live) 49,820 Hd
Equivalent: $177.29 $173.63
DEMAND (Box) 92,156 Hd*
Equivalent: $165.06 $165.68
Live-Box Spread: $12.23 $7.95
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $177.06
Weight Price Head : Se 600-900# $177.68
Live Steer: 1342 $121.47 12,699: Current Lds: 364.3
Live Heifer: 1230 $121.57 16,354: Previous Lds: 258.0
Drsd Steer: 867 $193.27 15,269
Drsd Heifer: 820 $193.54 5,498
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Grading % Breakdown : Drop Credit : 13.16
Ch 600-900# : 75.12%: Steer Dressing % : 64.29%
Ch 600-750# : 23.87%: Heifer Dressing %: 64.02%
Ch 750-900# : 51.25%: Processing Cost : 12.00
Se 600-900# : 24.88%: Slaughter Cost : 50.50
Se 600-750# : 5.36%:
Se 750-900# : 19.52%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 171.17 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -28.93 -13.04 -1.70 -21.54
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Prime 1-3 16.43 $158.67 $174.56 $187.60 $185.90 $166.06
Certified 1-3 4.20 $146.44 $162.33 $175.37 $173.67 $153.83
Choice 1 3.38 $145.62 $161.51 $174.55 $172.85 $153.01
Select 1 0.29 $142.53 $158.42 $171.46 $169.76 $149.92
Stndrd 1-3 -19.01 $123.23 $139.12 $152.16 $150.46 $130.62
Prime 4 3.73 $145.97 $161.86 $174.90 $173.20 $153.36
Choice 4 -11.38 $130.86 $146.75 $159.79 $158.09 $138.25
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*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.LGMN@ams.usda.gov
24 Hour recorded market information 515-284-4830
www.ams.usda.gov/mnreports/NW_LS410.txt
www.ams.usda.gov/LSMarketNews
Beef Carcass Price Equivalent
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