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Beef Carcass Price Equivalent Index Value - Thu Aug 13, 8:33PM UTC NW_LS410
Des Moines, IA Thu, Aug 13, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $178.33 $164.89
Change => 1.70 1.49
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Current Index Reflects the Equivalent of 142,380 head of cattle.
SUPPLY (Live) 89,915 Hd
Equivalent: $157.72 $144.37
DEMAND (Box) 52,465 Hd*
Equivalent: $198.95 $185.41
Live-Box Spread: ($41.23) ($41.04)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $210.95
Weight Price Head : Se 600-900# $197.41
Live Steer: 1445 $103.70 39,766: Current Lds: 138.6
Live Heifer: 1306 $103.52 22,628: Previous Lds: 181.9
Drsd Steer: 938 $165.45 21,125
Drsd Heifer: 844 $166.31 6,396
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Grading % Breakdown : Drop Credit : 7.63
Ch 600-900# : 86.30%: Steer Dressing % : 63.76%
Ch 600-750# : 34.89%: Heifer Dressing %: 63.65%
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 = 178.33 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 $160.42 $173.49 $191.13 $186.79 $175.13
Certified 1-3 5.31 $152.93 $166.00 $183.64 $179.30 $167.64
Choice 1 3.79 $151.41 $164.48 $182.12 $177.78 $166.12
Select 1 -8.98 $138.64 $151.71 $169.35 $165.01 $153.35
Stndrd 1-3 -22.24 $125.38 $138.45 $156.09 $151.75 $140.09
Prime 4 0.16 $147.78 $160.85 $178.49 $174.15 $162.49
Choice 4 -11.21 $136.41 $149.48 $167.12 $162.78 $151.12
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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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