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Beef Carcass Price Equivalent Index Value USDA - Fri Sep 18, 8:31PM UTC NW_LS410
Des Moines, IA Fri, Sep 18, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $179.98 $166.08
Change => 0.55 0.53
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Current Index Reflects the Equivalent of 143,569 head of cattle.
SUPPLY (Live) 80,708 Hd
Equivalent: $156.31 $140.21
DEMAND (Box) 62,861 Hd*
Equivalent: $203.64 $191.94
Live-Box Spread: ($47.33) ($51.73)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $215.64
Weight Price Head : Se 600-900# $203.94
Live Steer: 1465 $103.34 42,518: Current Lds: 146.5
Live Heifer: 1294 $103.15 18,855: Previous Lds: 217.1
Drsd Steer: 956 $163.08 14,268
Drsd Heifer: 856 $162.78 5,067
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Grading % Breakdown : Drop Credit : 8.03
Ch 600-900# : 86.16%: Steer Dressing % : 63.65%
Ch 600-750# : 34.83%: Heifer Dressing %: 63.57%
Ch 750-900# : 51.33%: Processing Cost : 12.00
Se 600-900# : 13.84%: Slaughter Cost : 50.50
Se 600-750# : 3.61%:
Se 750-900# : 10.23%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 179.98 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 13.13 $162.40 $175.47 $193.11 $188.77 $177.11
Certified 1-3 6.18 $155.45 $168.52 $186.16 $181.82 $170.16
Choice 1 3.79 $153.06 $166.13 $183.77 $179.43 $167.77
Select 1 -11.75 $137.52 $150.59 $168.23 $163.89 $152.23
Stndrd 1-3 -26.04 $123.23 $136.30 $153.94 $149.60 $137.94
Prime 4 -0.66 $148.61 $161.68 $179.32 $174.98 $163.32
Choice 4 -12.36 $136.91 $149.98 $167.62 $163.28 $151.62
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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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