NW_LS410 Des Moines, IA Wed, Jan 30, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $196.69 $189.68 Change => -0.04 0.22 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 137,759 head of cattle. SUPPLY (Live) 93,628 Hd Equivalent: $187.33 $178.35 DEMAND (Box) 44,131 Hd* Equivalent: $206.05 $201.00 Live-Box Spread: ($18.72) ($22.65) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $218.05 Weight Price Head : Se 600-900# $213.00 Live Steer: 1465 $123.20 43,628: Current Lds: 132.6 Live Heifer: 1325 $122.83 20,846: Previous Lds: 113.9 Drsd Steer: 930 $197.20 21,669 Drsd Heifer: 822 $197.25 7,485 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 8.96 Ch 600-900# : 85.87%: Steer Dressing % : 63.05% Ch 600-750# : 35.78%: Heifer Dressing %: 63.01% Ch 750-900# : 50.09%: Processing Cost : 12.00 Se 600-900# : 14.13%: Slaughter Cost : 50.50 Se 600-750# : 4.01%: Se 750-900# : 10.11%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 196.69 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 $178.91 $193.65 $209.62 $205.12 $185.95 Certified 1-3 5.39 $171.37 $186.11 $202.08 $197.58 $178.41 Choice 1 3.86 $169.84 $184.58 $200.55 $196.05 $176.88 Select 1 -4.50 $161.48 $176.22 $192.19 $187.69 $168.52 Stndrd 1-3 -27.29 $138.69 $153.43 $169.40 $164.90 $145.73 Prime 4 -0.50 $165.48 $180.22 $196.19 $191.69 $172.52 Choice 4 -11.93 $154.05 $168.79 $184.76 $180.26 $161.09 ----------------------------------------------------------------------------- *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