NW_LS410 Des Moines, IA Thu, Dec 13, 2018 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $189.88 $176.94 Change => 0.24 -0.15 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 153,233 head of cattle. SUPPLY (Live) 105,947 Hd Equivalent: $179.30 $164.88 DEMAND (Box) 47,286 Hd* Equivalent: $200.47 $189.00 Live-Box Spread: ($21.17) ($24.12) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $212.47 Weight Price Head : Se 600-900# $201.00 Live Steer: 1474 $118.02 46,219: Current Lds: 130.1 Live Heifer: 1325 $117.74 25,968: Previous Lds: 149.9 Drsd Steer: 940 $186.10 20,883 Drsd Heifer: 855 $186.10 12,877 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 8.82 Ch 600-900# : 84.92%: Steer Dressing % : 63.05% Ch 600-750# : 34.69%: Heifer Dressing %: 63.06% Ch 750-900# : 50.23%: Processing Cost : 12.00 Se 600-900# : 15.08%: Slaughter Cost : 50.50 Se 600-750# : 3.60%: Se 750-900# : 11.47%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 189.88 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 12.93 $172.10 $186.84 $202.81 $198.31 $179.14 Certified 1-3 5.28 $164.45 $179.19 $195.16 $190.66 $171.49 Choice 1 3.86 $163.03 $177.77 $193.74 $189.24 $170.07 Select 1 -9.97 $149.20 $163.94 $179.91 $175.41 $156.24 Stndrd 1-3 -29.71 $129.46 $144.20 $160.17 $155.67 $136.50 Prime 4 -0.50 $158.67 $173.41 $189.38 $184.88 $165.71 Choice 4 -11.93 $147.24 $161.98 $177.95 $173.45 $154.28 ----------------------------------------------------------------------------- *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