NW_LS410 Des Moines, IA Wed, Apr 10, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $204.05 $193.78 Change => 0.36 0.40 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 106,658 head of cattle. SUPPLY (Live) 60,826 Hd Equivalent: $191.05 $179.94 DEMAND (Box) 45,832 Hd* Equivalent: $217.05 $207.62 Live-Box Spread: ($26.00) ($27.68) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $229.05 Weight Price Head : Se 600-900# $219.62 Live Steer: 1409 $125.64 28,606: Current Lds: 140.0 Live Heifer: 1297 $125.12 15,957: Previous Lds: 116.4 Drsd Steer: 914 $204.47 12,092 Drsd Heifer: 829 $204.57 4,171 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.15 Ch 600-900# : 86.61%: Steer Dressing % : 63.33% Ch 600-750# : 35.70%: Heifer Dressing %: 63.30% Ch 750-900# : 50.91%: Processing Cost : 12.00 Se 600-900# : 13.39%: Slaughter Cost : 50.50 Se 600-750# : 2.85%: Se 750-900# : 10.54%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 204.05 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -30.71 -17.64 -4.50 -18.00 ----------------------------------------------------------------------------- Prime 1-3 13.87 $187.21 $200.28 $217.92 $213.42 $199.92 Certified 1-3 5.28 $178.62 $191.69 $209.33 $204.83 $191.33 Choice 1 3.86 $177.20 $190.27 $207.91 $203.41 $189.91 Select 1 -6.64 $166.70 $179.77 $197.41 $192.91 $179.41 Stndrd 1-3 -29.03 $144.31 $157.38 $175.02 $170.52 $157.02 Prime 4 1.16 $174.50 $187.57 $205.21 $200.71 $187.21 Choice 4 -11.21 $162.13 $175.20 $192.84 $188.34 $174.84 ----------------------------------------------------------------------------- *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         24 Hour recorded market information 515-284-4830         www.ams.usda.gov/mnreports/NW_LS410.txt         www.ams.usda.gov/LPSMarketNewsPage