NW_LS410 Des Moines, IA Fri, Feb 08, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $195.58 $189.36 Change => -0.69 -0.19 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 119,374 head of cattle. SUPPLY (Live) 79,337 Hd Equivalent: $187.81 $179.54 DEMAND (Box) 40,037 Hd* Equivalent: $203.35 $199.17 Live-Box Spread: ($15.54) ($19.63) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $215.35 Weight Price Head : Se 600-900# $211.17 Live Steer: 1446 $123.83 36,752: Current Lds: 82.7 Live Heifer: 1304 $123.82 21,159: Previous Lds: 131.5 Drsd Steer: 925 $198.26 15,140 Drsd Heifer: 848 $198.08 6,286 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.01 Ch 600-900# : 86.28%: Steer Dressing % : 63.24% Ch 600-750# : 36.31%: Heifer Dressing %: 63.18% Ch 750-900# : 49.97%: Processing Cost : 12.00 Se 600-900# : 13.72%: Slaughter Cost : 50.50 Se 600-750# : 3.22%: Se 750-900# : 10.50%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 195.58 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 $177.80 $192.54 $208.51 $204.01 $184.84 Certified 1-3 5.39 $170.26 $185.00 $200.97 $196.47 $177.30 Choice 1 3.86 $168.73 $183.47 $199.44 $194.94 $175.77 Select 1 -3.78 $161.09 $175.83 $191.80 $187.30 $168.13 Stndrd 1-3 -27.00 $137.87 $152.61 $168.58 $164.08 $144.91 Prime 4 -0.50 $164.37 $179.11 $195.08 $190.58 $171.41 Choice 4 -11.93 $152.94 $167.68 $183.65 $179.15 $159.98 ----------------------------------------------------------------------------- *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