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Beef Carcass Price Equivalent Index Value - Mon Aug 03, 8:38PM UTC NW_LS410
Des Moines, IA Mon, Aug 03, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $172.08 $158.20
Change => 0.79 -0.24
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Current Index Reflects the Equivalent of 132,408 head of cattle.
SUPPLY (Live) 84,666 Hd
Equivalent: $151.49 $138.00
DEMAND (Box) 47,742 Hd*
Equivalent: $192.66 $178.40
Live-Box Spread: ($41.17) ($40.40)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $204.66
Weight Price Head : Se 600-900# $190.40
Live Steer: 1443 $98.94 36,531: Current Lds: 103.8
Live Heifer: 1299 $98.13 19,785: Previous Lds: 98.4
Drsd Steer: 922 $159.57 22,174
Drsd Heifer: 830 $160.00 6,176
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Grading % Breakdown : Drop Credit : 7.10
Ch 600-900# : 86.37%: Steer Dressing % : 63.77%
Ch 600-750# : 34.91%: Heifer Dressing %: 63.77%
Ch 750-900# : 51.46%: Processing Cost : 12.00
Se 600-900# : 13.63%: Slaughter Cost : 50.50
Se 600-750# : 3.56%:
Se 750-900# : 10.07%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 172.08 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 12.40 $153.77 $166.84 $184.48 $180.14 $168.48
Certified 1-3 5.18 $146.55 $159.62 $177.26 $172.92 $161.26
Choice 1 3.79 $145.16 $158.23 $175.87 $171.53 $159.87
Select 1 -9.13 $132.24 $145.31 $162.95 $158.61 $146.95
Stndrd 1-3 -21.17 $120.20 $133.27 $150.91 $146.57 $134.91
Prime 4 -0.24 $141.13 $154.20 $171.84 $167.50 $155.84
Choice 4 -11.21 $130.16 $143.23 $160.87 $156.53 $144.87
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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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