NW_LS410 Des Moines, IA Thu, Feb 14, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $196.61 $189.79 Change => -0.20 -0.82 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 111,574 head of cattle. SUPPLY (Live) 73,481 Hd Equivalent: $189.16 $181.17 DEMAND (Box) 38,093 Hd* Equivalent: $204.07 $198.41 Live-Box Spread: ($14.91) ($17.24) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $216.07 Weight Price Head : Se 600-900# $210.41 Live Steer: 1467 $124.91 29,429: Current Lds: 112.7 Live Heifer: 1324 $124.82 16,690: Previous Lds: 127.6 Drsd Steer: 922 $199.91 18,026 Drsd Heifer: 835 $199.81 9,336 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.02 Ch 600-900# : 85.92%: Steer Dressing % : 63.59% Ch 600-750# : 34.97%: Heifer Dressing %: 63.56% 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 = 196.61 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 $178.57 $193.31 $209.28 $204.78 $185.61 Certified 1-3 5.28 $171.18 $185.92 $201.89 $197.39 $178.22 Choice 1 3.86 $169.76 $184.50 $200.47 $195.97 $176.80 Select 1 -3.50 $162.40 $177.14 $193.11 $188.61 $169.44 Stndrd 1-3 -27.21 $138.69 $153.43 $169.40 $164.90 $145.73 Prime 4 -0.76 $165.14 $179.88 $195.85 $191.35 $172.18 Choice 4 -11.93 $153.97 $168.71 $184.68 $180.18 $161.01 ----------------------------------------------------------------------------- *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