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Beef Carcass Price Equivalent Index Value USDA - Wed Sep 23, 8:30PM UTC NW_LS410
Des Moines, IA Wed, Sep 23, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $179.99 $170.03
Change => 0.22 0.66
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Current Index Reflects the Equivalent of 142,200 head of cattle.
SUPPLY (Live) 82,178 Hd
Equivalent: $156.11 $144.45
DEMAND (Box) 60,022 Hd*
Equivalent: $203.87 $195.60
Live-Box Spread: ($47.76) ($51.15)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $215.87
Weight Price Head : Se 600-900# $207.60
Live Steer: 1479 $103.56 39,415: Current Lds: 169.4
Live Heifer: 1299 $103.36 17,107: Previous Lds: 161.7
Drsd Steer: 950 $163.65 18,614
Drsd Heifer: 852 $163.33 7,042
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Grading % Breakdown : Drop Credit : 8.03
Ch 600-900# : 86.17%: Steer Dressing % : 63.59%
Ch 600-750# : 34.83%: Heifer Dressing %: 63.52%
Ch 750-900# : 51.34%: Processing Cost : 12.00
Se 600-900# : 13.83%: Slaughter Cost : 50.50
Se 600-750# : 3.61%:
Se 750-900# : 10.22%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 179.99 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 14.00 $163.28 $176.35 $193.99 $189.65 $177.99
Certified 1-3 5.68 $154.96 $168.03 $185.67 $181.33 $169.67
Choice 1 3.79 $153.07 $166.14 $183.78 $179.44 $167.78
Select 1 -7.29 $141.99 $155.06 $172.70 $168.36 $156.70
Stndrd 1-3 -24.97 $124.31 $137.38 $155.02 $150.68 $139.02
Prime 4 0.93 $150.21 $163.28 $180.92 $176.58 $164.92
Choice 4 -11.64 $137.64 $150.71 $168.35 $164.01 $152.35
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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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