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Beef Carcass Price Equivalent Index Value USDA - Thu Dec 03, 9:43PM UTC NW_LS410
Des Moines, IA Thu, Dec 03, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $196.57 $176.63
Change => -0.89 -1.55
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Current Index Reflects the Equivalent of 150,704 head of cattle.
SUPPLY (Live) 107,434 Hd
Equivalent: $165.95 $145.33
DEMAND (Box) 43,270 Hd*
Equivalent: $227.19 $207.93
Live-Box Spread: ($61.24) ($62.60)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $239.19
Weight Price Head : Se 600-900# $219.93
Live Steer: 1489 $110.13 49,044: Current Lds: 188.8
Live Heifer: 1325 $110.36 30,787: Previous Lds: 123.2
Drsd Steer: 977 $173.02 19,002
Drsd Heifer: 875 $173.42 8,601
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Grading % Breakdown : Drop Credit : 8.45
Ch 600-900# : 86.09%: Steer Dressing % : 63.77%
Ch 600-750# : 34.80%: Heifer Dressing %: 63.82%
Ch 750-900# : 51.29%: Processing Cost : 12.00
Se 600-900# : 13.91%: Slaughter Cost : 50.50
Se 600-750# : 3.63%:
Se 750-900# : 10.28%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 196.57 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -30.00 -16.30 -4.34 -16.00
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Prime 1-3 15.93 $182.50 $196.20 $212.50 $208.16 $196.50
Certified 1-3 6.18 $172.75 $186.45 $202.75 $198.41 $186.75
Choice 1 3.79 $170.36 $184.06 $200.36 $196.02 $184.36
Select 1 -16.29 $150.28 $163.98 $180.28 $175.94 $164.28
Stndrd 1-3 -29.07 $137.50 $151.20 $167.50 $163.16 $151.50
Prime 4 2.86 $169.43 $183.13 $199.43 $195.09 $183.43
Choice 4 -11.64 $154.93 $168.63 $184.93 $180.59 $168.93
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*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
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