NW_LS410
Des Moines, IA Mon, Oct 19, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $179.41 $163.40
Change => -0.37 -2.37
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Current Index Reflects the Equivalent of 143,078 head of cattle.
SUPPLY (Live) 82,495 Hd
Equivalent: $161.08 $146.97
DEMAND (Box) 60,583 Hd*
Equivalent: $197.74 $179.84
Live-Box Spread: ($36.66) ($32.87)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $209.74
Weight Price Head : Se 600-900# $191.84
Live Steer: 1477 $107.48 37,414: Current Lds: 114.4
Live Heifer: 1319 $107.63 15,762: Previous Lds: 127.4
Drsd Steer: 979 $168.32 23,667
Drsd Heifer: 861 $168.19 5,652
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Grading % Breakdown : Drop Credit : 8.27
Ch 600-900# : 84.86%: Steer Dressing % : 64.07%
Ch 600-750# : 34.30%: Heifer Dressing %: 64.12%
Ch 750-900# : 50.56%: Processing Cost : 12.00
Se 600-900# : 15.14%: Slaughter Cost : 50.50
Se 600-750# : 3.95%:
Se 750-900# : 11.18%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 179.41 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 14.80 $163.50 $176.57 $194.21 $189.87 $178.21
Certified 1-3 5.93 $154.63 $167.70 $185.34 $181.00 $169.34
Choice 1 3.79 $152.49 $165.56 $183.20 $178.86 $167.20
Select 1 -9.75 $138.95 $152.02 $169.66 $165.32 $153.66
Stndrd 1-3 -25.97 $122.73 $135.80 $153.44 $149.10 $137.44
Prime 4 1.73 $150.43 $163.50 $181.14 $176.80 $165.14
Choice 4 -11.64 $137.06 $150.13 $167.77 $163.43 $151.77
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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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