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Beef Carcass Price Equivalent Index Value USDA - Wed Oct 28, 8:22PM UTC NW_LS410
Des Moines, IA Wed, Oct 28, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $175.10 $158.53
Change => -0.90 0.01
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Current Index Reflects the Equivalent of 89,945 head of cattle.
SUPPLY (Live) 30,601 Hd
Equivalent: $156.41 $139.47
DEMAND (Box) 59,344 Hd*
Equivalent: $193.79 $177.58
Live-Box Spread: ($37.38) ($38.11)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $205.79
Weight Price Head : Se 600-900# $189.58
Live Steer: 1508 $104.17 16,299: Current Lds: 172.6
Live Heifer: 1318 $104.54 4,136: Previous Lds: 175.1
Drsd Steer: 978 $163.54 8,157
Drsd Heifer: 877 $163.68 2,009
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Grading % Breakdown : Drop Credit : 8.31
Ch 600-900# : 85.67%: Steer Dressing % : 63.91%
Ch 600-750# : 34.63%: Heifer Dressing %: 63.92%
Ch 750-900# : 51.04%: Processing Cost : 12.00
Se 600-900# : 14.33%: Slaughter Cost : 50.50
Se 600-750# : 3.74%:
Se 750-900# : 10.59%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 175.10 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -30.71 -17.64 -4.34 -16.00
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Prime 1-3 14.86 $159.25 $172.32 $189.96 $185.62 $173.96
Certified 1-3 5.93 $150.32 $163.39 $181.03 $176.69 $165.03
Choice 1 3.79 $148.18 $161.25 $178.89 $174.55 $162.89
Select 1 -12.59 $131.80 $144.87 $162.51 $158.17 $146.51
Stndrd 1-3 -27.44 $116.95 $130.02 $147.66 $143.32 $131.66
Prime 4 1.79 $146.18 $159.25 $176.89 $172.55 $160.89
Choice 4 -11.64 $132.75 $145.82 $163.46 $159.12 $147.46
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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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