NW_LS410 Des Moines, IA Wed, Feb 08, 2012 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $178.42 $172.29 Change => 0.34 0.58 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 189,550 head of cattle. SUPPLY (Live) 108,233 Hd Equivalent: $182.28 $175.10 DEMAND (Box) 81,317 Hd* Equivalent: $174.56 $169.48 Live-Box Spread: $7.72 $5.62 ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $186.56 Weight Price Head : Se 600-900# $181.48 Live Steer: 1374 $123.39 40,576: Current Lds: 231.5 Live Heifer: 1226 $123.32 36,560: Previous Lds: 183.4 Drsd Steer: 893 $197.95 18,690 Drsd Heifer: 798 $197.12 12,407 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 12.72 Ch 600-900# : 73.84%: Steer Dressing % : 63.89% Ch 600-750# : 26.35%: Heifer Dressing %: 63.84% Ch 750-900# : 47.49%: Processing Cost : 12.00 Se 600-900# : 26.16%: Slaughter Cost : 50.50 Se 600-750# : 5.37%: Se 750-900# : 20.79%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 178.42 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -28.93 -13.58 -1.70 -21.54 ----------------------------------------------------------------------------- Prime 1-3 15.28 $164.77 $180.12 $193.70 $192.00 $172.16 Certified 1-3 4.07 $153.56 $168.91 $182.49 $180.79 $160.95 Choice 1 3.38 $152.87 $168.22 $181.80 $180.10 $160.26 Select 1 -3.26 $146.23 $161.58 $175.16 $173.46 $153.62 Stndrd 1-3 -18.76 $130.73 $146.08 $159.66 $157.96 $138.12 Prime 4 2.88 $152.37 $167.72 $181.30 $179.60 $159.76 Choice 4 -11.08 $138.41 $153.76 $167.34 $165.64 $145.80 ----------------------------------------------------------------------------- *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