NW_LS410
Des Moines, IA Fri, Aug 07, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $173.86 $160.75
Change => 1.06 1.02
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Current Index Reflects the Equivalent of 127,876 head of cattle.
SUPPLY (Live) 77,279 Hd
Equivalent: $154.24 $140.75
DEMAND (Box) 50,597 Hd*
Equivalent: $193.47 $180.75
Live-Box Spread: ($39.23) ($40.00)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $205.47
Weight Price Head : Se 600-900# $192.75
Live Steer: 1452 $101.04 38,044: Current Lds: 115.7
Live Heifer: 1301 $100.77 24,337: Previous Lds: 143.1
Drsd Steer: 930 $162.99 12,048
Drsd Heifer: 836 $163.04 2,850
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Grading % Breakdown : Drop Credit : 7.27
Ch 600-900# : 86.37%: Steer Dressing % : 63.70%
Ch 600-750# : 34.91%: Heifer Dressing %: 63.60%
Ch 750-900# : 51.46%: Processing Cost : 12.00
Se 600-900# : 13.63%: Slaughter Cost : 50.50
Se 600-750# : 3.56%:
Se 750-900# : 10.07%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 173.86 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 12.40 $155.55 $168.62 $186.26 $181.92 $170.26
Certified 1-3 5.18 $148.33 $161.40 $179.04 $174.70 $163.04
Choice 1 3.79 $146.94 $160.01 $177.65 $173.31 $161.65
Select 1 -9.13 $134.02 $147.09 $164.73 $160.39 $148.73
Stndrd 1-3 -21.17 $121.98 $135.05 $152.69 $148.35 $136.69
Prime 4 -0.24 $142.91 $155.98 $173.62 $169.28 $157.62
Choice 4 -11.21 $131.94 $145.01 $162.65 $158.31 $146.65
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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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