|
Beef Carcass Price Equivalent Index Value - Fri Aug 14, 8:25PM UTC NW_LS410
Des Moines, IA Fri, Aug 14, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $180.44 $166.29
Change => 2.11 1.40
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 117,519 head of cattle.
SUPPLY (Live) 64,278 Hd
Equivalent: $158.64 $145.30
DEMAND (Box) 53,241 Hd*
Equivalent: $202.24 $187.29
Live-Box Spread: ($43.60) ($41.99)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $214.24
Weight Price Head : Se 600-900# $199.29
Live Steer: 1431 $104.15 29,152: Current Lds: 126.0
Live Heifer: 1291 $104.00 17,622: Previous Lds: 138.6
Drsd Steer: 940 $167.08 12,864
Drsd Heifer: 847 $167.59 4,640
-----------------------------------------------------------------------------
Grading % Breakdown : Drop Credit : 7.63
Ch 600-900# : 86.30%: Steer Dressing % : 63.72%
Ch 600-750# : 34.89%: Heifer Dressing %: 63.67%
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%:
-----------------------------------------------------------------------------
Equivalent Values for Outlying Beef Carcass Types
Basis Value = 180.44 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -30.71 -17.64 -4.34 -16.00
-----------------------------------------------------------------------------
Prime 1-3 12.80 $162.53 $175.60 $193.24 $188.90 $177.24
Certified 1-3 5.31 $155.04 $168.11 $185.75 $181.41 $169.75
Choice 1 3.79 $153.52 $166.59 $184.23 $179.89 $168.23
Select 1 -8.98 $140.75 $153.82 $171.46 $167.12 $155.46
Stndrd 1-3 -22.24 $127.49 $140.56 $158.20 $153.86 $142.20
Prime 4 0.16 $149.89 $162.96 $180.60 $176.26 $164.60
Choice 4 -11.21 $138.52 $151.59 $169.23 $164.89 $153.23
-----------------------------------------------------------------------------
*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 |