NW_LS410 Des Moines, IA Fri, Mar 08, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $204.40 $196.28 Change => -0.08 -0.01 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 180,690 head of cattle. SUPPLY (Live) 141,145 Hd Equivalent: $194.67 $185.78 DEMAND (Box) 39,545 Hd* Equivalent: $214.13 $206.78 Live-Box Spread: ($19.46) ($21.00) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $226.13 Weight Price Head : Se 600-900# $218.78 Live Steer: 1441 $128.15 59,406: Current Lds: 94.6 Live Heifer: 1306 $128.09 44,153: Previous Lds: 105.7 Drsd Steer: 906 $205.02 25,031 Drsd Heifer: 826 $204.87 12,555 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.06 Ch 600-900# : 85.73%: Steer Dressing % : 63.30% Ch 600-750# : 36.04%: Heifer Dressing %: 63.28% Ch 750-900# : 49.68%: Processing Cost : 12.00 Se 600-900# : 14.27%: Slaughter Cost : 50.50 Se 600-750# : 3.95%: Se 750-900# : 10.33%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 204.40 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 $186.36 $201.10 $217.07 $212.57 $193.40 Certified 1-3 5.17 $178.86 $193.60 $209.57 $205.07 $185.90 Choice 1 3.86 $177.55 $192.29 $208.26 $203.76 $184.59 Select 1 -4.41 $169.28 $184.02 $199.99 $195.49 $176.32 Stndrd 1-3 -27.50 $146.19 $160.93 $176.90 $172.40 $153.23 Prime 4 -0.76 $172.93 $187.67 $203.64 $199.14 $179.97 Choice 4 -11.93 $161.76 $176.50 $192.47 $187.97 $168.80 ----------------------------------------------------------------------------- *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