NW_LS410 Des Moines, IA Wed, Oct 04, 2017 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $172.95 $166.26 Change => -0.10 0.40 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 120,188 head of cattle. SUPPLY (Live) 76,705 Hd Equivalent: $160.49 $154.97 DEMAND (Box) 43,483 Hd* Equivalent: $185.41 $177.55 Live-Box Spread: ($24.92) ($22.58) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $197.41 Weight Price Head : Se 600-900# $189.55 Live Steer: 1437 $107.98 29,257: Current Lds: 118.3 Live Heifer: 1297 $108.06 15,819: Previous Lds: 114.4 Drsd Steer: 936 $171.70 20,050 Drsd Heifer: 838 $171.65 11,579 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 10.26 Ch 600-900# : 84.54%: Steer Dressing % : 63.42% Ch 600-750# : 34.42%: Heifer Dressing %: 63.41% 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 = 172.95 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 $159.34 $173.55 $187.80 $183.42 $164.94 Certified 1-3 4.59 $149.08 $163.29 $177.54 $173.16 $154.68 Choice 1 3.69 $148.18 $162.39 $176.64 $172.26 $153.78 Select 1 -1.21 $143.28 $157.49 $171.74 $167.36 $148.88 Stndrd 1-3 -23.00 $121.49 $135.70 $149.95 $145.57 $127.09 Prime 4 1.85 $146.34 $160.55 $174.80 $170.42 $151.94 Choice 4 -11.54 $132.95 $147.16 $161.41 $157.03 $138.55 ----------------------------------------------------------------------------- *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