NW_LS410 Des Moines, IA Fri, Oct 06, 2017 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $172.90 $165.15 Change => 0.03 -0.73 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 93,214 head of cattle. SUPPLY (Live) 48,252 Hd Equivalent: $160.58 $155.07 DEMAND (Box) 44,962 Hd* Equivalent: $185.22 $175.23 Live-Box Spread: ($24.64) ($20.16) ---------------------------- 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# $187.23 Live Steer: 1453 $108.14 13,508: Current Lds: 129.2 Live Heifer: 1316 $108.06 10,009: Previous Lds: 137.8 Drsd Steer: 939 $171.88 15,296 Drsd Heifer: 841 $171.75 9,439 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 10.38 Ch 600-900# : 84.54%: Steer Dressing % : 63.41% Ch 600-750# : 34.42%: Heifer Dressing %: 63.39% 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 = 172.90 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 $159.29 $173.50 $187.75 $183.37 $164.89 Certified 1-3 4.59 $149.03 $163.24 $177.49 $173.11 $154.63 Choice 1 3.69 $148.13 $162.34 $176.59 $172.21 $153.73 Select 1 -1.21 $143.23 $157.44 $171.69 $167.31 $148.83 Stndrd 1-3 -23.00 $121.44 $135.65 $149.90 $145.52 $127.04 Prime 4 1.85 $146.29 $160.50 $174.75 $170.37 $151.89 Choice 4 -11.54 $132.90 $147.11 $161.36 $156.98 $138.50 ----------------------------------------------------------------------------- *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