NW_LS410 Des Moines, IA Wed, Mar 06, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $203.92 $196.20 Change => 0.43 0.28 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 138,891 head of cattle. SUPPLY (Live) 98,536 Hd Equivalent: $194.92 $186.03 DEMAND (Box) 40,355 Hd* Equivalent: $212.93 $206.37 Live-Box Spread: ($18.01) ($20.34) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $224.93 Weight Price Head : Se 600-900# $218.37 Live Steer: 1448 $128.21 38,916: Current Lds: 133.0 Live Heifer: 1306 $128.06 29,356: Previous Lds: 114.7 Drsd Steer: 912 $205.03 19,767 Drsd Heifer: 827 $204.89 10,497 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 8.99 Ch 600-900# : 85.73%: Steer Dressing % : 63.28% 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 = 203.92 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 $185.88 $200.62 $216.59 $212.09 $192.92 Certified 1-3 5.17 $178.38 $193.12 $209.09 $204.59 $185.42 Choice 1 3.86 $177.07 $191.81 $207.78 $203.28 $184.11 Select 1 -4.41 $168.80 $183.54 $199.51 $195.01 $175.84 Stndrd 1-3 -27.50 $145.71 $160.45 $176.42 $171.92 $152.75 Prime 4 -0.76 $172.45 $187.19 $203.16 $198.66 $179.49 Choice 4 -11.93 $161.28 $176.02 $191.99 $187.49 $168.32 ----------------------------------------------------------------------------- *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