Beef Carcass Price Equivalent

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

NW_LS410
Des Moines, IA     Fri, Apr 26, 2013     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $182.56             $174.64
 Change =>                       0.82                0.12
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 129,932 head of cattle.
SUPPLY (Live)  64,184 Hd
Equivalent:                   $184.23             $176.84
DEMAND (Box)   65,748 Hd*
Equivalent:                   $180.89             $172.43
Live-Box Spread:               $3.34               $4.41
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $192.89
                  Weight   Price     Head      : Se 600-900#          $184.43
  Live Steer:          1325   $126.45    21,948: Current Lds:           145.0
  Live Heifer:         1222   $126.44    18,157: Previous Lds:          180.1
  Drsd Steer:           880   $200.85    15,049
  Drsd Heifer:          785   $199.90     9,030
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       14.32
 Ch 600-900# :                 75.25%:         Steer Dressing % :      64.07%
 Ch 600-750# :                 24.79%:         Heifer Dressing %:      64.02%
 Ch 750-900# :                 50.45%:         Processing Cost  :       12.00
 Se 600-900# :                 24.75%:         Slaughter Cost   :       50.50
 Se 600-750# :                  6.06%:
 Se 750-900# :                 18.69%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 182.56                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -27.00    -12.50               -4.61    -22.50
-----------------------------------------------------------------------------
 Prime 1-3            13.21   $168.77   $183.27   $195.77   $191.16   $173.27
 Certified 1-3         4.86   $160.42   $174.92   $187.42   $182.81   $164.92
 Choice 1              3.37   $158.93   $173.43   $185.93   $181.32   $163.43
 Select 1             -3.48   $152.08   $166.58   $179.08   $174.47   $156.58
 Stndrd 1-3          -21.63   $133.93   $148.43   $160.93   $156.32   $138.43
 Prime 4               0.44   $156.00   $170.50   $183.00   $178.39   $160.50
 Choice 4            -11.47   $144.09   $158.59   $171.09   $166.48   $148.59
-----------------------------------------------------------------------------
*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


Related Articles

Sponsored Links


Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


EPRINEX® (EPRINOMECTIN)

Kills 39 species and stages of parasites—more than any other product - Controls adult worms and 4th-stage larvae, lice, mange ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Leads to Insight