NW_LS410 Des Moines, IA Thu, Feb 07, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $196.27 $189.55 Change => -0.43 -0.42 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 120,651 head of cattle. SUPPLY (Live) 81,309 Hd Equivalent: $187.84 $179.58 DEMAND (Box) 39,342 Hd* Equivalent: $204.71 $199.53 Live-Box Spread: ($16.87) ($19.95) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $216.71 Weight Price Head : Se 600-900# $211.53 Live Steer: 1448 $123.81 36,068: Current Lds: 131.5 Live Heifer: 1305 $123.80 21,234: Previous Lds: 112.4 Drsd Steer: 925 $198.28 16,501 Drsd Heifer: 853 $198.17 7,506 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.01 Ch 600-900# : 86.28%: Steer Dressing % : 63.24% Ch 600-750# : 36.31%: Heifer Dressing %: 63.19% 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 = 196.27 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 $178.49 $193.23 $209.20 $204.70 $185.53 Certified 1-3 5.39 $170.95 $185.69 $201.66 $197.16 $177.99 Choice 1 3.86 $169.42 $184.16 $200.13 $195.63 $176.46 Select 1 -3.78 $161.78 $176.52 $192.49 $187.99 $168.82 Stndrd 1-3 -27.00 $138.56 $153.30 $169.27 $164.77 $145.60 Prime 4 -0.50 $165.06 $179.80 $195.77 $191.27 $172.10 Choice 4 -11.93 $153.63 $168.37 $184.34 $179.84 $160.67 ----------------------------------------------------------------------------- *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