Carcass Price Equivalent Index Value (Beef)
NW_LS410
Des Moines, IA Mon, Nov 18, 2024 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $287.95 $258.52
Change => 1.27 -1.05
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Current Index Reflects the Equivalent of 108,293 head of cattle.
SUPPLY (Live) 56,290 Hd
Equivalent: $280.62 $253.60
DEMAND (Box) 52,003 Hd*
Equivalent: $295.28 $263.45
Live-Box Spread: ($14.66) ($9.85)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $307.28
Weight Price Head : Se 600-900# $275.45
Live Steer: 1541 $184.81 31,761: Current Lds: 109.1
Live Heifer: 1362 $184.91 13,562: Previous Lds: 114.6
Drsd Steer: 979 $290.97 9,527
Drsd Heifer: 882 $290.53 1,440
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Grading % Breakdown : Drop Credit : 11.22
Ch 600-900# : 87.55%: Steer Dressing % : 63.19%
Ch 600-750# : 35.39%: Heifer Dressing %: 63.09%
Ch 750-900# : 52.16%: Processing Cost : 12.00
Se 600-900# : 12.45%: Slaughter Cost : 50.50
Se 600-750# : 3.25%:
Se 750-900# : 9.20%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 287.95 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -29.29 -17.11 -3.04 -15.45
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Prime 1-3 17.55 $276.21 $288.39 $305.50 $302.46 $290.05
Certified 1-3 5.80 $264.46 $276.64 $293.75 $290.71 $278.30
Choice 1 3.35 $262.01 $274.19 $291.30 $288.26 $275.85
Select 1 -23.23 $235.43 $247.61 $264.72 $261.68 $249.27
Stndrd 1-3 -38.41 $220.25 $232.43 $249.54 $246.50 $234.09
Prime 4 3.80 $262.46 $274.64 $291.75 $288.71 $276.30
Choice 4 -12.45 $246.21 $258.39 $275.50 $272.46 $260.05
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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