Carcass Price Equivalent Index Value (Beef)
NW_LS410
Des Moines, IA Tue, Nov 19, 2024 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $288.71 $256.76
Change => 0.76 -1.76
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Current Index Reflects the Equivalent of 108,232 head of cattle.
SUPPLY (Live) 55,396 Hd
Equivalent: $280.63 $253.61
DEMAND (Box) 52,836 Hd*
Equivalent: $296.79 $259.91
Live-Box Spread: ($16.16) ($6.30)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $308.79
Weight Price Head : Se 600-900# $271.91
Live Steer: 1542 $184.78 30,834: Current Lds: 134.6
Live Heifer: 1362 $184.89 13,595: Previous Lds: 109.1
Drsd Steer: 979 $290.97 9,527
Drsd Heifer: 882 $290.53 1,440
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Grading % Breakdown : Drop Credit : 11.19
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 = 288.71 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 $276.97 $289.15 $306.26 $303.22 $290.81
Certified 1-3 5.80 $265.22 $277.40 $294.51 $291.47 $279.06
Choice 1 3.35 $262.77 $274.95 $292.06 $289.02 $276.61
Select 1 -23.23 $236.19 $248.37 $265.48 $262.44 $250.03
Stndrd 1-3 -38.41 $221.01 $233.19 $250.30 $247.26 $234.85
Prime 4 3.80 $263.22 $275.40 $292.51 $289.47 $277.06
Choice 4 -12.45 $246.97 $259.15 $276.26 $273.22 $260.81
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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