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Beef Carcass Price Equivalent Index Value
NW_LS410
Des Moines, IA Thu, Sep 19, 2024 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $280.84 $267.44
Change => -0.63 -0.47
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Current Index Reflects the Equivalent of 103,989 head of cattle.
SUPPLY (Live) 44,323 Hd
Equivalent: $274.11 $258.62
DEMAND (Box) 59,666 Hd*
Equivalent: $287.56 $276.26
Live-Box Spread: ($13.45) ($17.64)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $299.56
Weight Price Head : Se 600-900# $288.26
Live Steer: 1502 $182.89 21,628: Current Lds: 170.5
Live Heifer: 1354 $182.27 8,799: Previous Lds: 176.4
Drsd Steer: 957 $290.59 11,905
Drsd Heifer: 864 $290.01 1,991
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Grading % Breakdown : Drop Credit : 11.28
Ch 600-900# : 87.38%: Steer Dressing % : 63.66%
Ch 600-750# : 35.32%: Heifer Dressing %: 63.46%
Ch 750-900# : 52.06%: Processing Cost : 12.00
Se 600-900# : 12.62%: Slaughter Cost : 50.50
Se 600-750# : 3.29%:
Se 750-900# : 9.32%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 280.84 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -29.29 -17.11 -3.04 -15.42
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Prime 1-3 15.41 $266.96 $279.14 $296.25 $293.21 $280.83
Certified 1-3 5.43 $256.98 $269.16 $286.27 $283.23 $270.85
Choice 1 3.35 $254.90 $267.08 $284.19 $281.15 $268.77
Select 1 -11.65 $239.90 $252.08 $269.19 $266.15 $253.77
Stndrd 1-3 -33.77 $217.78 $229.96 $247.07 $244.03 $231.65
Prime 4 1.66 $253.21 $265.39 $282.50 $279.46 $267.08
Choice 4 -12.45 $239.10 $251.28 $268.39 $265.35 $252.97
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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
24 Hour recorded market information 515-284-4830
www.ams.usda.gov/mnreports/NW_LS410.txt
www.ams.usda.gov/LPSMarketNewsPage
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