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Beef Carcass Price Equivalent Index Value USDA - Thu Oct 22, 8:15PM UTC NW_LS410
Des Moines, IA Thu, Oct 22, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $177.68 $161.73
Change => -0.53 -0.65
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Current Index Reflects the Equivalent of 151,867 head of cattle.
SUPPLY (Live) 92,007 Hd
Equivalent: $158.49 $144.38
DEMAND (Box) 59,860 Hd*
Equivalent: $196.86 $179.08
Live-Box Spread: ($38.37) ($34.70)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $208.86
Weight Price Head : Se 600-900# $191.08
Live Steer: 1480 $105.79 42,593: Current Lds: 160.3
Live Heifer: 1403 $105.66 19,938: Previous Lds: 206.5
Drsd Steer: 978 $166.00 23,899
Drsd Heifer: 867 $165.30 5,577
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Grading % Breakdown : Drop Credit : 8.27
Ch 600-900# : 84.86%: Steer Dressing % : 63.96%
Ch 600-750# : 34.30%: Heifer Dressing %: 64.08%
Ch 750-900# : 50.56%: Processing Cost : 12.00
Se 600-900# : 15.14%: Slaughter Cost : 50.50
Se 600-750# : 3.95%:
Se 750-900# : 11.18%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 177.68 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 14.80 $161.77 $174.84 $192.48 $188.14 $176.48
Certified 1-3 5.93 $152.90 $165.97 $183.61 $179.27 $167.61
Choice 1 3.79 $150.76 $163.83 $181.47 $177.13 $165.47
Select 1 -9.75 $137.22 $150.29 $167.93 $163.59 $151.93
Stndrd 1-3 -25.97 $121.00 $134.07 $151.71 $147.37 $135.71
Prime 4 1.73 $148.70 $161.77 $179.41 $175.07 $163.41
Choice 4 -11.64 $135.33 $148.40 $166.04 $161.70 $150.04
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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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