Beef Carcass Price Equivalent Index Value USDA - Mon Sep 28, 8:22PM UTC NW_LS410
Des Moines, IA Mon, Sep 28, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $181.21 $170.15
Change => -0.85 0.10
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Current Index Reflects the Equivalent of 151,358 head of cattle.
SUPPLY (Live) 95,855 Hd
Equivalent: $156.70 $145.88
DEMAND (Box) 55,503 Hd*
Equivalent: $205.72 $194.42
Live-Box Spread: ($49.02) ($48.54)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $217.72
Weight Price Head : Se 600-900# $206.42
Live Steer: 1469 $105.07 45,888: Current Lds: 147.7
Live Heifer: 1312 $104.87 22,103: Previous Lds: 137.9
Drsd Steer: 956 $164.86 19,910
Drsd Heifer: 832 $164.71 7,954
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Grading % Breakdown : Drop Credit : 8.12
Ch 600-900# : 85.95%: Steer Dressing % : 64.29%
Ch 600-750# : 34.74%: Heifer Dressing %: 64.29%
Ch 750-900# : 51.21%: Processing Cost : 12.00
Se 600-900# : 14.05%: Slaughter Cost : 50.50
Se 600-750# : 3.67%:
Se 750-900# : 10.38%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 181.21 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 14.26 $164.76 $177.83 $195.47 $191.13 $179.47
Certified 1-3 5.56 $156.06 $169.13 $186.77 $182.43 $170.77
Choice 1 3.79 $154.29 $167.36 $185.00 $180.66 $169.00
Select 1 -6.44 $144.06 $157.13 $174.77 $170.43 $158.77
Stndrd 1-3 -24.30 $126.20 $139.27 $156.91 $152.57 $140.91
Prime 4 1.19 $151.69 $164.76 $182.40 $178.06 $166.40
Choice 4 -11.64 $138.86 $151.93 $169.57 $165.23 $153.57
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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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