Beef Carcass Price Equivalent Index Value USDA - Wed Oct 21, 8:19PM UTC NW_LS410
Des Moines, IA Wed, Oct 21, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $178.21 $162.38
Change => -1.25 -0.56
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Current Index Reflects the Equivalent of 178,553 head of cattle.
SUPPLY (Live) 113,026 Hd
Equivalent: $159.95 $145.84
DEMAND (Box) 65,527 Hd*
Equivalent: $196.47 $178.91
Live-Box Spread: ($36.52) ($33.07)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $208.47
Weight Price Head : Se 600-900# $190.91
Live Steer: 1467 $106.85 52,561: Current Lds: 206.5
Live Heifer: 1385 $106.44 24,485: Previous Lds: 189.6
Drsd Steer: 974 $167.57 28,505
Drsd Heifer: 859 $167.30 7,475
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Grading % Breakdown : Drop Credit : 8.27
Ch 600-900# : 84.86%: Steer Dressing % : 64.06%
Ch 600-750# : 34.30%: Heifer Dressing %: 64.14%
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 = 178.21 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 $162.30 $175.37 $193.01 $188.67 $177.01
Certified 1-3 5.93 $153.43 $166.50 $184.14 $179.80 $168.14
Choice 1 3.79 $151.29 $164.36 $182.00 $177.66 $166.00
Select 1 -9.75 $137.75 $150.82 $168.46 $164.12 $152.46
Stndrd 1-3 -25.97 $121.53 $134.60 $152.24 $147.90 $136.24
Prime 4 1.73 $149.23 $162.30 $179.94 $175.60 $163.94
Choice 4 -11.64 $135.86 $148.93 $166.57 $162.23 $150.57
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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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