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Beef Carcass Price Equivalent Index Value USDA - Tue Sep 29, 8:32PM UTC NW_LS410
Des Moines, IA Tue, Sep 29, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $180.93 $170.44
Change => -0.28 0.29
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Current Index Reflects the Equivalent of 149,511 head of cattle.
SUPPLY (Live) 96,091 Hd
Equivalent: $156.70 $145.89
DEMAND (Box) 53,420 Hd*
Equivalent: $205.16 $194.99
Live-Box Spread: ($48.46) ($49.10)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $217.16
Weight Price Head : Se 600-900# $206.99
Live Steer: 1469 $105.08 46,124: Current Lds: 133.9
Live Heifer: 1312 $104.87 22,103: Previous Lds: 147.7
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 = 180.93 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 $164.48 $177.55 $195.19 $190.85 $179.19
Certified 1-3 5.56 $155.78 $168.85 $186.49 $182.15 $170.49
Choice 1 3.79 $154.01 $167.08 $184.72 $180.38 $168.72
Select 1 -6.44 $143.78 $156.85 $174.49 $170.15 $158.49
Stndrd 1-3 -24.30 $125.92 $138.99 $156.63 $152.29 $140.63
Prime 4 1.19 $151.41 $164.48 $182.12 $177.78 $166.12
Choice 4 -11.64 $138.58 $151.65 $169.29 $164.95 $153.29
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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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