NW_LS410 Des Moines, IA Mon, Feb 04, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $196.74 $190.49 Change => 1.87 0.67 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 120,667 head of cattle. SUPPLY (Live) 80,165 Hd Equivalent: $187.83 $179.56 DEMAND (Box) 40,502 Hd* Equivalent: $205.65 $201.41 Live-Box Spread: ($17.82) ($21.85) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $217.65 Weight Price Head : Se 600-900# $213.41 Live Steer: 1448 $123.81 35,603: Current Lds: 80.8 Live Heifer: 1306 $123.79 20,434: Previous Lds: 73.4 Drsd Steer: 925 $198.29 16,422 Drsd Heifer: 853 $198.15 7,706 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.01 Ch 600-900# : 86.28%: Steer Dressing % : 63.24% Ch 600-750# : 36.31%: Heifer Dressing %: 63.20% 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 = 196.74 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 $178.96 $193.70 $209.67 $205.17 $186.00 Certified 1-3 5.39 $171.42 $186.16 $202.13 $197.63 $178.46 Choice 1 3.86 $169.89 $184.63 $200.60 $196.10 $176.93 Select 1 -3.78 $162.25 $176.99 $192.96 $188.46 $169.29 Stndrd 1-3 -27.00 $139.03 $153.77 $169.74 $165.24 $146.07 Prime 4 -0.50 $165.53 $180.27 $196.24 $191.74 $172.57 Choice 4 -11.93 $154.10 $168.84 $184.81 $180.31 $161.14 ----------------------------------------------------------------------------- *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