Beef Carcass Price Equivalent Index Value
USDA - Fri Aug 10, 3:34PM CDT
NW_LS410
Des Moines, IA     Fri, Aug 10, 2018     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $181.85             $173.35
 Change =>                      -0.26               -0.69
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 225,116 head of cattle.
SUPPLY (Live)  180,160 Hd
Equivalent:                   $169.10             $160.93
DEMAND (Box)   44,956 Hd*
Equivalent:                   $194.61             $185.77
Live-Box Spread:             ($25.51)            ($24.84)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $206.61
                  Weight   Price     Head      : Se 600-900#          $197.77
  Live Steer:          1427   $112.47    92,057: Current Lds:            82.7
  Live Heifer:         1278   $112.81    32,844: Previous Lds:          139.7
  Drsd Steer:           916   $177.22    40,621
  Drsd Heifer:          819   $177.09    14,638
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :        9.23
 Ch 600-900# :                 82.90%:         Steer Dressing % :      63.42%
 Ch 600-750# :                 33.55%:         Heifer Dressing %:      63.37%
 Ch 750-900# :                 49.35%:         Processing Cost  :       12.00
 Se 600-900# :                 17.10%:         Slaughter Cost   :       50.50
 Se 600-750# :                  5.91%:
 Se 750-900# :                 11.20%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 181.85                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -30.71    -14.97               -4.50    -23.67
-----------------------------------------------------------------------------
 Prime 1-3            14.20   $165.34   $181.08   $196.05   $191.55   $172.38
 Certified 1-3         5.06   $156.20   $171.94   $186.91   $182.41   $163.24
 Choice 1              3.86   $155.00   $170.74   $185.71   $181.21   $162.04
 Select 1             -3.69   $147.45   $163.19   $178.16   $173.66   $154.49
 Stndrd 1-3          -26.21   $124.93   $140.67   $155.64   $151.14   $131.97
 Prime 4               1.63   $152.77   $168.51   $183.48   $178.98   $159.81
 Choice 4            -11.07   $140.07   $155.81   $170.78   $166.28   $147.11
-----------------------------------------------------------------------------
*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