NW_LS410 Des Moines, IA Tue, Dec 11, 2018 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $190.70 $176.95 Change => -0.44 0.26 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 151,717 head of cattle. SUPPLY (Live) 105,118 Hd Equivalent: $178.93 $164.51 DEMAND (Box) 46,599 Hd* Equivalent: $202.46 $189.39 Live-Box Spread: ($23.53) ($24.88) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $214.46 Weight Price Head : Se 600-900# $201.39 Live Steer: 1472 $118.04 45,564: Current Lds: 133.2 Live Heifer: 1325 $117.73 25,760: Previous Lds: 104.9 Drsd Steer: 937 $185.83 21,540 Drsd Heifer: 855 $186.01 12,254 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.01 Ch 600-900# : 84.92%: Steer Dressing % : 63.07% 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 = 190.70 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 $172.92 $187.66 $203.63 $199.13 $179.96 Certified 1-3 5.28 $165.27 $180.01 $195.98 $191.48 $172.31 Choice 1 3.86 $163.85 $178.59 $194.56 $190.06 $170.89 Select 1 -9.97 $150.02 $164.76 $180.73 $176.23 $157.06 Stndrd 1-3 -29.71 $130.28 $145.02 $160.99 $156.49 $137.32 Prime 4 -0.50 $159.49 $174.23 $190.20 $185.70 $166.53 Choice 4 -11.93 $148.06 $162.80 $178.77 $174.27 $155.10 ----------------------------------------------------------------------------- *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