NW_LS410 Des Moines, IA Wed, Oct 21, 2020 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $178.21 $162.38 Change => -1.25 -0.56 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 178,553 head of cattle. SUPPLY (Live) 113,026 Hd Equivalent: $159.95 $145.84 DEMAND (Box) 65,527 Hd* Equivalent: $196.47 $178.91 Live-Box Spread: ($36.52) ($33.07) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $208.47 Weight Price Head : Se 600-900# $190.91 Live Steer: 1467 $106.85 52,561: Current Lds: 206.5 Live Heifer: 1385 $106.44 24,485: Previous Lds: 189.6 Drsd Steer: 974 $167.57 28,505 Drsd Heifer: 859 $167.30 7,475 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 8.27 Ch 600-900# : 84.86%: Steer Dressing % : 64.06% Ch 600-750# : 34.30%: Heifer Dressing %: 64.14% 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%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 178.21 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 14.80 $162.30 $175.37 $193.01 $188.67 $177.01 Certified 1-3 5.93 $153.43 $166.50 $184.14 $179.80 $168.14 Choice 1 3.79 $151.29 $164.36 $182.00 $177.66 $166.00 Select 1 -9.75 $137.75 $150.82 $168.46 $164.12 $152.46 Stndrd 1-3 -25.97 $121.53 $134.60 $152.24 $147.90 $136.24 Prime 4 1.73 $149.23 $162.30 $179.94 $175.60 $163.94 Choice 4 -11.64 $135.86 $148.93 $166.57 $162.23 $150.57 ----------------------------------------------------------------------------- *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
Beef Carcass Price Equivalent Index Value