Beef Carcass Price Equivalent
07/28/2010 04:16PM
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Des Moines, IA Wed, Jul 28, 2010 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $142.58 $133.78
Change => -0.34 0.22
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Current Index Reflects the Equivalent of 223,616 head of cattle.
SUPPLY (Live) 141,593 Hd
Equivalent: $142.46 $133.23
DEMAND (Box) 82,023 Hd*
Equivalent: $142.70 $134.34
Live-Box Spread: ($0.24) ($1.11)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $154.70
Weight Price Head : Se 600-900# $146.34
Live Steer: 1324 $94.76 47,777: Current Lds: 221.9
Live Heifer: 1185 $94.85 37,624: Previous Lds: 181.6
Drsd Steer: 859 $150.15 38,521
Drsd Heifer: 769 $149.98 17,671
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Grading % Breakdown : Drop Credit : 10.60
Ch 600-900# : 71.39% : Steer Dressing % : 63.72%
Ch 600-750# : 25.67% : Heifer Dressing %: 63.66%
Ch 750-900# : 45.72% : Processing Cost : 12.00
Se 600-900# : 28.61% : Slaughter Cost : 50.50
Se 600-750# : 8.27% :
Se 750-900# : 20.34% :
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 142.58 Carcass Weights
400-500# 500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -27.31 -10.18 0.00 -2.31 -18.46
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Prime 1-3 10.71 $125.98 $143.11 $153.29 $150.98 $134.83
Certified 1-3 3.70 $118.97 $136.10 $146.28 $143.97 $127.82
Choice 1 3.00 $118.27 $135.40 $145.58 $143.27 $127.12
Select 1 -5.77 $109.50 $126.63 $136.81 $134.50 $118.35
Stndrd 1-3 -19.61 $95.66 $112.79 $122.97 $120.66 $104.51
Prime 4 -2.89 $112.38 $129.51 $139.69 $137.38 $121.23
Choice 4 -12.46 $102.81 $119.94 $130.12 $127.81 $111.66
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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, Des Moines, IA
Phone: 515-284-4460 email: desm.lgmn@usda.gov
24 Hour recorded market information 515-284-4830
www.ams.usda.gov/LSMarketNews
1545C BCS
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