NW_LS410 Des Moines, IA Thu, Oct 05, 2017 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $172.87 $165.88 Change => -0.08 -0.38 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 121,716 head of cattle. SUPPLY (Live) 77,474 Hd Equivalent: $160.49 $154.97 DEMAND (Box) 44,242 Hd* Equivalent: $185.25 $176.78 Live-Box Spread: ($24.76) ($21.81) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $197.25 Weight Price Head : Se 600-900# $188.78 Live Steer: 1437 $107.98 29,772: Current Lds: 137.8 Live Heifer: 1297 $108.04 16,073: Previous Lds: 118.3 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 %: 63.40% 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 = 172.87 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 $159.26 $173.47 $187.72 $183.34 $164.86 Certified 1-3 4.59 $149.00 $163.21 $177.46 $173.08 $154.60 Choice 1 3.69 $148.10 $162.31 $176.56 $172.18 $153.70 Select 1 -1.21 $143.20 $157.41 $171.66 $167.28 $148.80 Stndrd 1-3 -23.00 $121.41 $135.62 $149.87 $145.49 $127.01 Prime 4 1.85 $146.26 $160.47 $174.72 $170.34 $151.86 Choice 4 -11.54 $132.87 $147.08 $161.33 $156.95 $138.47 ----------------------------------------------------------------------------- *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