Beef Carcass Price Equivalent Index Value
NW_LS410
Des Moines, IA     Wed, Apr 19, 2017     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                  $197.66             $185.48
 Change =>                   -0.40               -0.09
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Current Index Reflects the Equivalent of 122,555 head of cattle.
SUPPLY (Live)  80,235 Hd
Equivalent:                   $192.15             $180.96
DEMAND (Box)   42,320 Hd*
Equivalent:                   $203.17             $190.00
Live-Box Spread:             ($11.02)             ($9.04)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $215.17
                  Weight       Price      Head : Se 600-900#          $202.00
  Live Steer:          1358   $128.03    31,624: Current Lds:           120.2
  Live Heifer:         1250   $127.91    23,020: Previous Lds:          111.5
  Drsd Steer:           889   $205.19    17,375
  Drsd Heifer:          800   $204.72     8,216
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      Grading % Breakdown                :     Drop Credit      :       12.06
 Ch 600-900# :                 81.92%    :     Steer Dressing % :      63.06%
 Ch 600-750# :                 32.31%    :     Heifer Dressing %:      62.97%
 Ch 750-900# :                 49.61%    :     Processing Cost  :       12.00
 Se 600-900# :                 18.08%    :     Slaughter Cost   :       50.50
 Se 600-750# :                  6.19%    :
 Se 750-900# :                 11.89%    :
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 197.66                       Carcass Weights
                             400-500# 500-600#  600-900# 900-1000#  1000#/up
 Qlty/Yield      (1)           -28.46    -14.25      0.00     -4.38    -23.93
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 Prime 1-3            14.07   $183.27   $197.48   $211.73   $207.35   $187.80
 Certified 1-3         4.96   $174.16   $188.37   $202.62   $198.24   $178.69
 Choice 1              3.69   $172.89   $187.10   $201.35   $196.97   $177.42
 Select 1             -6.91   $162.29   $176.50   $190.75   $186.37   $166.82
 Stndrd 1-3          -27.92   $141.28   $155.49   $169.74   $165.36   $145.81
 Prime 4               0.69   $169.89   $184.10   $198.35   $193.97   $174.42
 Choice 4            -11.92   $157.28   $171.49   $185.74   $181.36   $161.81
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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
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