Carcass Price Equivalent Index Value (Beef)
NW_LS410
Des Moines, IA Fri, Mar 17, 2023 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $259.58 $246.99
Change => -0.40 0.25
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Current Index Reflects the Equivalent of 136,278 head of cattle.
SUPPLY (Live) 98,702 Hd
Equivalent: $247.81 $233.53
DEMAND (Box) 37,576 Hd*
Equivalent: $271.35 $260.44
Live-Box Spread: ($23.54) ($26.91)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $283.35
Weight Price Head : Se 600-900# $272.44
Live Steer: 1479 $164.73 50,221: Current Lds: 78.7
Live Heifer: 1349 $164.58 25,683: Previous Lds: 137.5
Drsd Steer: 945 $264.28 17,778
Drsd Heifer: 852 $264.46 5,020
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Grading % Breakdown : Drop Credit : 12.97
Ch 600-900# : 88.34%: Steer Dressing % : 62.56%
Ch 600-750# : 35.71%: Heifer Dressing %: 62.44%
Ch 750-900# : 52.63%: Processing Cost : 12.00
Se 600-900# : 11.66%: Slaughter Cost : 50.50
Se 600-750# : 3.04%:
Se 750-900# : 8.61%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 259.58 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -29.29 -17.11 -3.04 -15.71
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Prime 1-3 17.10 $247.39 $259.57 $276.68 $273.64 $260.97
Certified 1-3 6.06 $236.35 $248.53 $265.64 $262.60 $249.93
Choice 1 3.58 $233.87 $246.05 $263.16 $260.12 $247.45
Select 1 -10.17 $220.12 $232.30 $249.41 $246.37 $233.70
Stndrd 1-3 -28.94 $201.35 $213.53 $230.64 $227.60 $214.93
Prime 4 4.00 $234.29 $246.47 $263.58 $260.54 $247.87
Choice 4 -11.75 $218.54 $230.72 $247.83 $244.79 $232.12
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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
www.ams.usda.gov/mnreports/NW_LS410.txt
www.ams.usda.gov/LPSMarketNewsPage