NW_LS410 Des Moines, IA Mon, Oct 02, 2017 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $172.71 $165.49 Change => 0.48 -0.17 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 122,302 head of cattle. SUPPLY (Live) 77,099 Hd Equivalent: $160.21 $154.69 DEMAND (Box) 45,203 Hd* Equivalent: $185.22 $176.28 Live-Box Spread: ($25.01) ($21.59) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $197.22 Weight Price Head : Se 600-900# $188.28 Live Steer: 1437 $107.96 29,325: Current Lds: 99.9 Live Heifer: 1297 $108.05 15,864: Previous Lds: 119.6 Drsd Steer: 937 $171.70 19,914 Drsd Heifer: 839 $171.54 11,996 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 10.42 Ch 600-900# : 84.54%: Steer Dressing % : 63.42% Ch 600-750# : 34.42%: Heifer Dressing %: 63.42% Ch 750-900# : 50.12%: Processing Cost : 12.00 Se 600-900# : 15.46%: Slaughter Cost : 50.50 Se 600-750# : 4.90%: Se 750-900# : 10.56%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 172.71 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -28.46 -14.25 -4.38 -22.86 ----------------------------------------------------------------------------- Prime 1-3 14.85 $159.10 $173.31 $187.56 $183.18 $164.70 Certified 1-3 4.59 $148.84 $163.05 $177.30 $172.92 $154.44 Choice 1 3.69 $147.94 $162.15 $176.40 $172.02 $153.54 Select 1 -1.21 $143.04 $157.25 $171.50 $167.12 $148.64 Stndrd 1-3 -23.00 $121.25 $135.46 $149.71 $145.33 $126.85 Prime 4 1.85 $146.10 $160.31 $174.56 $170.18 $151.70 Choice 4 -11.54 $132.71 $146.92 $161.17 $156.79 $138.31 ----------------------------------------------------------------------------- *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