Beef Carcass Price Equivalent Index Value USDA - Fri Oct 30, 8:38PM UTC NW_LS410
Des Moines, IA Fri, Oct 30, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $175.48 $158.58
Change => 0.14 -0.25
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Current Index Reflects the Equivalent of 80,293 head of cattle.
SUPPLY (Live) 24,395 Hd
Equivalent: $154.86 $137.93
DEMAND (Box) 55,898 Hd*
Equivalent: $196.10 $179.24
Live-Box Spread: ($41.24) ($41.31)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $208.10
Weight Price Head : Se 600-900# $191.24
Live Steer: 1487 $104.45 13,001: Current Lds: 106.0
Live Heifer: 1356 $103.94 5,824: Previous Lds: 156.2
Drsd Steer: 999 $160.93 4,988
Drsd Heifer: 846 $162.59 582
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Grading % Breakdown : Drop Credit : 8.34
Ch 600-900# : 85.67%: Steer Dressing % : 64.39%
Ch 600-750# : 34.63%: Heifer Dressing %: 64.60%
Ch 750-900# : 51.04%: Processing Cost : 12.00
Se 600-900# : 14.33%: Slaughter Cost : 50.50
Se 600-750# : 3.74%:
Se 750-900# : 10.59%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 175.48 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 14.86 $159.63 $172.70 $190.34 $186.00 $174.34
Certified 1-3 5.93 $150.70 $163.77 $181.41 $177.07 $165.41
Choice 1 3.79 $148.56 $161.63 $179.27 $174.93 $163.27
Select 1 -12.59 $132.18 $145.25 $162.89 $158.55 $146.89
Stndrd 1-3 -27.44 $117.33 $130.40 $148.04 $143.70 $132.04
Prime 4 1.79 $146.56 $159.63 $177.27 $172.93 $161.27
Choice 4 -11.64 $133.13 $146.20 $163.84 $159.50 $147.84
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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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