NW_LS410 Des Moines, IA Fri, Dec 07, 2018 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $189.87 $175.47 Change => 0.99 1.32 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 131,022 head of cattle. SUPPLY (Live) 79,442 Hd Equivalent: $177.45 $162.44 DEMAND (Box) 51,580 Hd* Equivalent: $202.29 $188.50 Live-Box Spread: ($24.84) ($26.06) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $214.29 Weight Price Head : Se 600-900# $200.50 Live Steer: 1466 $117.12 44,737: Current Lds: 112.2 Live Heifer: 1314 $116.95 21,154: Previous Lds: 88.3 Drsd Steer: 944 $183.41 9,290 Drsd Heifer: 855 $183.52 4,261 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.03 Ch 600-900# : 84.52%: Steer Dressing % : 63.20% Ch 600-750# : 34.52%: Heifer Dressing %: 63.19% 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 = 189.87 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 $171.89 $186.63 $202.60 $198.10 $178.93 Certified 1-3 5.17 $164.33 $179.07 $195.04 $190.54 $171.37 Choice 1 3.86 $163.02 $177.76 $193.73 $189.23 $170.06 Select 1 -10.56 $148.60 $163.34 $179.31 $174.81 $155.64 Stndrd 1-3 -29.93 $129.23 $143.97 $159.94 $155.44 $136.27 Prime 4 -0.70 $158.46 $173.20 $189.17 $184.67 $165.50 Choice 4 -11.93 $147.23 $161.97 $177.94 $173.44 $154.27 ----------------------------------------------------------------------------- *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