NW_LS410
Des Moines, IA Fri, Sep 23, 2022 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $224.56 $198.30
Change => 0.54 -0.98
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Current Index Reflects the Equivalent of 159,016 head of cattle.
SUPPLY (Live) 101,642 Hd
Equivalent: $212.49 $189.30
DEMAND (Box) 57,374 Hd*
Equivalent: $236.63 $207.31
Live-Box Spread: ($24.14) ($18.01)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $248.63
Weight Price Head : Se 600-900# $219.31
Live Steer: 1479 $144.70 54,391: Current Lds: 99.6
Live Heifer: 1326 $144.12 24,489: Previous Lds: 186.2
Drsd Steer: 947 $228.79 18,000
Drsd Heifer: 865 $229.34 4,762
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Grading % Breakdown : Drop Credit : 14.81
Ch 600-900# : 83.66%: Steer Dressing % : 63.29%
Ch 600-750# : 33.82%: Heifer Dressing %: 63.19%
Ch 750-900# : 49.84%: Processing Cost : 12.00
Se 600-900# : 16.34%: Slaughter Cost : 50.50
Se 600-750# : 4.27%:
Se 750-900# : 12.07%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 224.56 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -29.29 -17.11 -3.04 -15.71
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Prime 1-3 23.21 $218.48 $230.66 $247.77 $244.73 $232.06
Certified 1-3 5.92 $201.19 $213.37 $230.48 $227.44 $214.77
Choice 1 3.58 $198.85 $211.03 $228.14 $225.10 $212.43
Select 1 -19.13 $176.14 $188.32 $205.43 $202.39 $189.72
Stndrd 1-3 -31.90 $163.37 $175.55 $192.66 $189.62 $176.95
Prime 4 10.11 $205.38 $217.56 $234.67 $231.63 $218.96
Choice 4 -11.75 $183.52 $195.70 $212.81 $209.77 $197.10
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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
Beef Carcass Price Equivalent Index Value
USDA -
Fri Sep 23, 2022
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