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Beef Carcass Price Equivalent Index Value USDA - Fri Nov 27, 9:24PM UTC NW_LS410
Des Moines, IA Wed, Nov 25, 2020 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $198.69 $177.80
Change => 0.35 0.57
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Current Index Reflects the Equivalent of 138,564 head of cattle.
SUPPLY (Live) 89,374 Hd
Equivalent: $164.33 $146.70
DEMAND (Box) 49,190 Hd*
Equivalent: $233.06 $208.90
Live-Box Spread: ($68.73) ($62.20)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $245.06
Weight Price Head : Se 600-900# $220.90
Live Steer: 1498 $109.54 47,944: Current Lds: 116.2
Live Heifer: 1331 $109.67 21,079: Previous Lds: 161.2
Drsd Steer: 969 $171.75 14,715
Drsd Heifer: 876 $171.89 5,636
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Grading % Breakdown : Drop Credit : 8.45
Ch 600-900# : 85.76%: Steer Dressing % : 63.96%
Ch 600-750# : 34.67%: Heifer Dressing %: 63.95%
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 = 198.69 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 $184.49 $198.19 $214.49 $210.15 $198.49
Certified 1-3 6.06 $174.75 $188.45 $204.75 $200.41 $188.75
Choice 1 3.79 $172.48 $186.18 $202.48 $198.14 $186.48
Select 1 -13.29 $155.40 $169.10 $185.40 $181.06 $169.40
Stndrd 1-3 -26.86 $141.83 $155.53 $171.83 $167.49 $155.83
Prime 4 2.73 $171.42 $185.12 $201.42 $197.08 $185.42
Choice 4 -11.64 $157.05 $170.75 $187.05 $182.71 $171.05
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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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