NW_LS410 Des Moines, IA Wed, Jun 19, 2013 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $183.61 $167.15 Change => -0.63 0.15 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 124,062 head of cattle. SUPPLY (Live) 61,096 Hd Equivalent: $180.24 $161.61 DEMAND (Box) 62,966 Hd* Equivalent: $186.98 $172.69 Live-Box Spread: ($6.74) ($11.08) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $198.98 Weight Price Head : Se 600-900# $184.69 Live Steer: 1345 $120.99 23,506: Current Lds: 225.1 Live Heifer: 1209 $120.57 11,304: Previous Lds: 197.1 Drsd Steer: 881 $194.85 17,279 Drsd Heifer: 800 $194.41 9,007 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 14.48 Ch 600-900# : 72.50%: Steer Dressing % : 64.03% Ch 600-750# : 24.88%: Heifer Dressing %: 64.06% Ch 750-900# : 47.62%: Processing Cost : 12.00 Se 600-900# : 27.50%: Slaughter Cost : 50.50 Se 600-750# : 7.74%: Se 750-900# : 19.76%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 183.61 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -27.33 -12.66 -4.93 -22.19 ----------------------------------------------------------------------------- Prime 1-3 12.14 $168.42 $183.09 $195.75 $190.82 $173.56 Certified 1-3 5.08 $161.36 $176.03 $188.69 $183.76 $166.50 Choice 1 3.37 $159.65 $174.32 $186.98 $182.05 $164.79 Select 1 -14.78 $141.50 $156.17 $168.83 $163.90 $146.64 Stndrd 1-3 -28.56 $127.72 $142.39 $155.05 $150.12 $132.86 Prime 4 -0.63 $155.65 $170.32 $182.98 $178.05 $160.79 Choice 4 -11.47 $144.81 $159.48 $172.14 $167.21 $149.95 ----------------------------------------------------------------------------- *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.LGMN@ams.usda.gov         24 Hour recorded market information 515-284-4830         www.ams.usda.gov/mnreports/NW_LS410.txt         www.ams.usda.gov/LSMarketNews