Beef Carcass Price Equivalent Index Value - Wed Aug 12, 8:24PM UTC NW_LS410
Des Moines, IA Wed, Aug 12, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $176.63 $163.40
Change => 1.38 1.35
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Current Index Reflects the Equivalent of 132,774 head of cattle.
SUPPLY (Live) 79,977 Hd
Equivalent: $156.16 $142.82
DEMAND (Box) 52,797 Hd*
Equivalent: $197.09 $183.99
Live-Box Spread: ($40.93) ($41.17)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $209.09
Weight Price Head : Se 600-900# $195.99
Live Steer: 1449 $101.87 31,762: Current Lds: 181.9
Live Heifer: 1301 $101.84 19,870: Previous Lds: 155.5
Drsd Steer: 935 $165.13 21,593
Drsd Heifer: 843 $165.90 6,752
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Grading % Breakdown : Drop Credit : 7.63
Ch 600-900# : 86.30%: Steer Dressing % : 63.65%
Ch 600-750# : 34.89%: Heifer Dressing %: 63.48%
Ch 750-900# : 51.42%: Processing Cost : 12.00
Se 600-900# : 13.70%: Slaughter Cost : 50.50
Se 600-750# : 3.58%:
Se 750-900# : 10.12%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 176.63 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 12.80 $158.72 $171.79 $189.43 $185.09 $173.43
Certified 1-3 5.31 $151.23 $164.30 $181.94 $177.60 $165.94
Choice 1 3.79 $149.71 $162.78 $180.42 $176.08 $164.42
Select 1 -8.98 $136.94 $150.01 $167.65 $163.31 $151.65
Stndrd 1-3 -22.24 $123.68 $136.75 $154.39 $150.05 $138.39
Prime 4 0.16 $146.08 $159.15 $176.79 $172.45 $160.79
Choice 4 -11.21 $134.71 $147.78 $165.42 $161.08 $149.42
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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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