NW_LS410 Des Moines, IA Tue, Feb 12, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $197.16 $191.09 Change => 0.13 -0.44 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 108,235 head of cattle. SUPPLY (Live) 69,876 Hd Equivalent: $189.17 $181.18 DEMAND (Box) 38,359 Hd* Equivalent: $205.16 $201.00 Live-Box Spread: ($15.99) ($19.82) ---------------------------- 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# $213.00 Live Steer: 1465 $124.95 28,548: Current Lds: 107.0 Live Heifer: 1321 $124.84 15,718: Previous Lds: 78.0 Drsd Steer: 923 $199.91 17,360 Drsd Heifer: 838 $199.87 8,250 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.02 Ch 600-900# : 85.92%: Steer Dressing % : 63.59% Ch 600-750# : 34.97%: Heifer Dressing %: 63.55% Ch 750-900# : 50.94%: Processing Cost : 12.00 Se 600-900# : 14.08%: Slaughter Cost : 50.50 Se 600-750# : 3.95%: Se 750-900# : 10.13%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 197.16 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -30.71 -15.97 -4.50 -23.67 ----------------------------------------------------------------------------- Prime 1-3 12.67 $179.12 $193.86 $209.83 $205.33 $186.16 Certified 1-3 5.28 $171.73 $186.47 $202.44 $197.94 $178.77 Choice 1 3.86 $170.31 $185.05 $201.02 $196.52 $177.35 Select 1 -3.50 $162.95 $177.69 $193.66 $189.16 $169.99 Stndrd 1-3 -27.21 $139.24 $153.98 $169.95 $165.45 $146.28 Prime 4 -0.76 $165.69 $180.43 $196.40 $191.90 $172.73 Choice 4 -11.93 $154.52 $169.26 $185.23 $180.73 $161.56 ----------------------------------------------------------------------------- *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