NW_LS410
Des Moines, IA Tue, Dec 04, 2012 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $186.29 $166.23
Change => -0.23 0.88
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Current Index Reflects the Equivalent of 101,931 head of cattle.
SUPPLY (Live) 38,605 Hd
Equivalent: $189.54 $167.94
DEMAND (Box) 63,326 Hd*
Equivalent: $183.05 $164.52
Live-Box Spread: $6.49 $3.42
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $195.05
Weight Price Head : Se 600-900# $176.52
Live Steer: 1385 $125.48 11,049: Current Lds: 158.7
Live Heifer: 1264 $125.42 6,336: Previous Lds: 140.8
Drsd Steer: 918 $199.75 14,094
Drsd Heifer: 825 $199.38 7,126
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Grading % Breakdown : Drop Credit : 12.85
Ch 600-900# : 70.74%: Steer Dressing % : 64.20%
Ch 600-750# : 24.28%: Heifer Dressing %: 64.18%
Ch 750-900# : 46.47%: Processing Cost : 12.00
Se 600-900# : 29.26%: Slaughter Cost : 50.50
Se 600-750# : 8.09%:
Se 750-900# : 21.17%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 186.29 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -26.07 -12.68 -2.06 -21.15
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Prime 1-3 16.70 $176.92 $190.31 $202.99 $200.93 $181.84
Certified 1-3 5.51 $165.73 $179.12 $191.80 $189.74 $170.65
Choice 1 3.58 $163.80 $177.19 $189.87 $187.81 $168.72
Select 1 -17.51 $142.71 $156.10 $168.78 $166.72 $147.63
Stndrd 1-3 -28.54 $131.68 $145.07 $157.75 $155.69 $136.60
Prime 4 4.09 $164.31 $177.70 $190.38 $188.32 $169.23
Choice 4 -11.23 $148.99 $162.38 $175.06 $173.00 $153.91
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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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