Carcass Price Equivalent Index Value (Beef)

NW_LS410
Des Moines, IA Fri, Nov 20, 2020 USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

CHOICE SELECT
Index 600-900# 600-900#
Values => $195.46 $175.39
Change => 0.61 0.84
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Current Index Reflects the Equivalent of 166,761 head of cattle.
SUPPLY (Live) 116,581 Hd
Equivalent: $164.58 $147.79
DEMAND (Box) 50,180 Hd*
Equivalent: $226.35 $202.98
Live-Box Spread: ($61.77) ($55.19)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $238.35
Weight Price Head : Se 600-900# $214.98
Live Steer: 1479 $109.68 66,819: Current Lds: 104.6
Live Heifer: 1309 $109.75 27,965: Previous Lds: 152.0
Drsd Steer: 975 $171.78 15,382
Drsd Heifer: 879 $171.74 6,415
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Grading % Breakdown : Drop Credit : 8.43
Ch 600-900# : 85.62%: Steer Dressing % : 63.88%
Ch 600-750# : 34.61%: Heifer Dressing %: 63.86%
Ch 750-900# : 51.01%: Processing Cost : 12.00
Se 600-900# : 14.38%: Slaughter Cost : 50.50
Se 600-750# : 3.75%:
Se 750-900# : 10.63%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 195.46 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -30.00 -16.30 -4.34 -16.00
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Prime 1-3 15.46 $180.92 $194.62 $210.92 $206.58 $194.92
Certified 1-3 6.06 $171.52 $185.22 $201.52 $197.18 $185.52
Choice 1 3.79 $169.25 $182.95 $199.25 $194.91 $183.25
Select 1 -12.44 $153.02 $166.72 $183.02 $178.68 $167.02
Stndrd 1-3 -26.86 $138.60 $152.30 $168.60 $164.26 $152.60
Prime 4 2.39 $167.85 $181.55 $197.85 $193.51 $181.85
Choice 4 -11.64 $153.82 $167.52 $183.82 $179.48 $167.82
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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
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