Beef Carcass Price Equivalent

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

NW_LS410
Des Moines, IA     Wed, Jun 18, 2014     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $223.70             $214.67
 Change =>                       1.34                1.36
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 139,486 head of cattle.
SUPPLY (Live)  78,772 Hd
Equivalent:                   $219.86             $209.29
DEMAND (Box)   60,714 Hd*
Equivalent:                   $227.54             $220.05
Live-Box Spread:              ($7.68)            ($10.76)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $239.54
                  Weight   Price     Head      : Se 600-900#          $232.05
  Live Steer:          1369   $149.44    39,806: Current Lds:           164.9
  Live Heifer:         1242   $149.27    19,188: Previous Lds:          168.8
  Drsd Steer:           892   $236.31    14,335
  Drsd Heifer:          821   $235.91     5,443
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       15.55
 Ch 600-900# :                 74.64%:         Steer Dressing % :      63.28%
 Ch 600-750# :                 24.27%:         Heifer Dressing %:      63.21%
 Ch 750-900# :                 50.37%:         Processing Cost  :       12.00
 Se 600-900# :                 25.36%:         Slaughter Cost   :       50.50
 Se 600-750# :                  5.99%:
 Se 750-900# :                 19.37%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 223.70                       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            14.79   $210.99   $224.66   $238.49   $234.15   $214.82
 Certified 1-3         5.11   $201.31   $214.98   $228.81   $224.47   $205.14
 Choice 1              3.25   $199.45   $213.12   $226.95   $222.61   $203.28
 Select 1             -6.83   $189.37   $203.04   $216.87   $212.53   $193.20
 Stndrd 1-3          -23.49   $172.71   $186.38   $200.21   $195.87   $176.54
 Prime 4               2.80   $199.00   $212.67   $226.50   $222.16   $202.83
 Choice 4            -10.77   $185.43   $199.10   $212.93   $208.59   $189.26
-----------------------------------------------------------------------------
*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



Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


HPX 4x4 Diesel

Not only is the Gator HPX 4x4 the fastest choice in the John Deere Work Utility Vehicle line-up (with a top ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Leads to Insight