NW_LS410 Des Moines, IA Thu, Dec 06, 2018 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $188.88 $174.15 Change => -0.25 0.72 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 138,577 head of cattle. SUPPLY (Live) 87,644 Hd Equivalent: $177.09 $162.09 DEMAND (Box) 50,933 Hd* Equivalent: $200.67 $186.22 Live-Box Spread: ($23.58) ($24.13) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $212.67 Weight Price Head : Se 600-900# $198.22 Live Steer: 1463 $117.05 45,432: Current Lds: 88.3 Live Heifer: 1313 $116.91 21,364: Previous Lds: 182.7 Drsd Steer: 946 $183.11 13,697 Drsd Heifer: 867 $183.40 7,151 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.03 Ch 600-900# : 84.52%: Steer Dressing % : 63.24% Ch 600-750# : 34.52%: Heifer Dressing %: 63.26% Ch 750-900# : 49.99%: Processing Cost : 12.00 Se 600-900# : 15.48%: Slaughter Cost : 50.50 Se 600-750# : 3.70%: Se 750-900# : 11.78%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 188.88 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 12.73 $170.90 $185.64 $201.61 $197.11 $177.94 Certified 1-3 5.17 $163.34 $178.08 $194.05 $189.55 $170.38 Choice 1 3.86 $162.03 $176.77 $192.74 $188.24 $169.07 Select 1 -10.56 $147.61 $162.35 $178.32 $173.82 $154.65 Stndrd 1-3 -29.93 $128.24 $142.98 $158.95 $154.45 $135.28 Prime 4 -0.70 $157.47 $172.21 $188.18 $183.68 $164.51 Choice 4 -11.93 $146.24 $160.98 $176.95 $172.45 $153.28 ----------------------------------------------------------------------------- *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