NW_LS410
Des Moines, IA Tue, Aug 11, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $175.25 $162.05
Change => 0.28 0.39
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Current Index Reflects the Equivalent of 122,944 head of cattle.
SUPPLY (Live) 72,389 Hd
Equivalent: $154.43 $141.08
DEMAND (Box) 50,555 Hd*
Equivalent: $196.08 $183.02
Live-Box Spread: ($41.65) ($41.94)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $208.08
Weight Price Head : Se 600-900# $195.02
Live Steer: 1449 $101.35 35,297: Current Lds: 155.5
Live Heifer: 1295 $101.11 19,931: Previous Lds: 107.8
Drsd Steer: 929 $163.16 13,795
Drsd Heifer: 835 $163.08 3,366
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Grading % Breakdown : Drop Credit : 7.63
Ch 600-900# : 86.30%: Steer Dressing % : 63.60%
Ch 600-750# : 34.89%: Heifer Dressing %: 63.45%
Ch 750-900# : 51.42%: Processing Cost : 12.00
Se 600-900# : 13.70%: Slaughter Cost : 50.50
Se 600-750# : 3.58%:
Se 750-900# : 10.12%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 175.25 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -30.71 -17.64 -4.34 -16.00
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Prime 1-3 12.80 $157.34 $170.41 $188.05 $183.71 $172.05
Certified 1-3 5.31 $149.85 $162.92 $180.56 $176.22 $164.56
Choice 1 3.79 $148.33 $161.40 $179.04 $174.70 $163.04
Select 1 -8.98 $135.56 $148.63 $166.27 $161.93 $150.27
Stndrd 1-3 -22.24 $122.30 $135.37 $153.01 $148.67 $137.01
Prime 4 0.16 $144.70 $157.77 $175.41 $171.07 $159.41
Choice 4 -11.21 $133.33 $146.40 $164.04 $159.70 $148.04
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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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