Carcass Price Equivalent Index Value (Beef)

NW_LS410
Des Moines, IA Fri, Sep 20, 2019 USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

CHOICE SELECT
Index 600-900# 600-900#
Values => $179.75 $155.70
Change => 0.09 0.48
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Current Index Reflects the Equivalent of 114,363 head of cattle.
SUPPLY (Live) 62,020 Hd
Equivalent: $154.53 $131.67
DEMAND (Box) 52,343 Hd*
Equivalent: $204.97 $179.72
Live-Box Spread: ($50.44) ($48.05)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $216.97
Weight Price Head : Se 600-900# $191.72
Live Steer: 1442 $101.13 26,067: Current Lds: 120.5
Live Heifer: 1293 $100.94 15,267: Previous Lds: 138.9
Drsd Steer: 912 $161.78 16,638
Drsd Heifer: 837 $162.45 4,048
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Grading % Breakdown : Drop Credit : 9.05
Ch 600-900# : 81.91%: Steer Dressing % : 63.55%
Ch 600-750# : 32.52%: Heifer Dressing %: 63.41%
Ch 750-900# : 49.39%: Processing Cost : 12.00
Se 600-900# : 18.09%: Slaughter Cost : 50.50
Se 600-750# : 5.92%:
Se 750-900# : 12.17%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 179.75 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -31.43 -17.97 -4.50 -17.67
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Prime 1-3 18.60 $166.92 $180.38 $198.35 $193.85 $180.68
Certified 1-3 5.17 $153.49 $166.95 $184.92 $180.42 $167.25
Choice 1 3.86 $152.18 $165.64 $183.61 $179.11 $165.94
Select 1 -18.45 $129.87 $143.33 $161.30 $156.80 $143.63
Stndrd 1-3 -31.57 $116.75 $130.21 $148.18 $143.68 $130.51
Prime 4 5.89 $154.21 $167.67 $185.64 $181.14 $167.97
Choice 4 -11.21 $137.11 $150.57 $168.54 $164.04 $150.87
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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.LPGMN@ams.usda.gov
??????? 24 Hour recorded market information 515-284-4830
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