NW_LS410 Des Moines, IA Tue, Nov 24, 2020 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $198.34 $177.23 Change => 1.34 1.11 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 135,190 head of cattle. SUPPLY (Live) 84,050 Hd Equivalent: $164.38 $146.75 DEMAND (Box) 51,140 Hd* Equivalent: $232.30 $207.71 Live-Box Spread: ($67.92) ($60.96) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $244.30 Weight Price Head : Se 600-900# $219.71 Live Steer: 1487 $109.56 46,378: Current Lds: 161.2 Live Heifer: 1320 $109.66 18,582: Previous Lds: 121.9 Drsd Steer: 972 $171.76 13,764 Drsd Heifer: 874 $171.89 5,326 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 8.45 Ch 600-900# : 85.76%: Steer Dressing % : 63.95% Ch 600-750# : 34.67%: Heifer Dressing %: 63.94% Ch 750-900# : 51.10%: Processing Cost : 12.00 Se 600-900# : 14.24%: Slaughter Cost : 50.50 Se 600-750# : 3.72%: Se 750-900# : 10.52%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 198.34 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -30.00 -16.30 -4.34 -16.00 ----------------------------------------------------------------------------- Prime 1-3 15.80 $184.14 $197.84 $214.14 $209.80 $198.14 Certified 1-3 6.06 $174.40 $188.10 $204.40 $200.06 $188.40 Choice 1 3.79 $172.13 $185.83 $202.13 $197.79 $186.13 Select 1 -13.29 $155.05 $168.75 $185.05 $180.71 $169.05 Stndrd 1-3 -26.86 $141.48 $155.18 $171.48 $167.14 $155.48 Prime 4 2.73 $171.07 $184.77 $201.07 $196.73 $185.07 Choice 4 -11.64 $156.70 $170.40 $186.70 $182.36 $170.70 ----------------------------------------------------------------------------- *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
Beef Carcass Price Equivalent Index Value