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Beef Carcass Price Equivalent Index Value USDA - Mon Oct 26, 8:35PM UTC NW_LS410
Des Moines, IA Mon, Oct 26, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $176.70 $158.56
Change => 0.15 -2.89
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Current Index Reflects the Equivalent of 135,453 head of cattle.
SUPPLY (Live) 72,484 Hd
Equivalent: $157.57 $140.64
DEMAND (Box) 62,969 Hd*
Equivalent: $195.83 $176.49
Live-Box Spread: ($38.26) ($35.85)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $207.83
Weight Price Head : Se 600-900# $188.49
Live Steer: 1472 $105.31 37,522: Current Lds: 135.4
Live Heifer: 1407 $105.13 16,335: Previous Lds: 147.8
Drsd Steer: 970 $164.24 14,277
Drsd Heifer: 864 $164.46 4,350
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Grading % Breakdown : Drop Credit : 8.31
Ch 600-900# : 85.67%: Steer Dressing % : 64.01%
Ch 600-750# : 34.63%: Heifer Dressing %: 64.11%
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 = 176.70 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 $160.85 $173.92 $191.56 $187.22 $175.56
Certified 1-3 5.93 $151.92 $164.99 $182.63 $178.29 $166.63
Choice 1 3.79 $149.78 $162.85 $180.49 $176.15 $164.49
Select 1 -12.59 $133.40 $146.47 $164.11 $159.77 $148.11
Stndrd 1-3 -27.44 $118.55 $131.62 $149.26 $144.92 $133.26
Prime 4 1.79 $147.78 $160.85 $178.49 $174.15 $162.49
Choice 4 -11.64 $134.35 $147.42 $165.06 $160.72 $149.06
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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 [email protected]
������� 24 Hour recorded market information 515-284-4830
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