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Beef Carcass Price Equivalent Index Value USDA - Tue Nov 24, 9:28PM UTC 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
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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
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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%:
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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
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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
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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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