NW_LS410 Des Moines, IA Wed, Apr 08, 2020 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $189.15 $177.04 Change => -3.70 -3.92 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 78,587 head of cattle. SUPPLY (Live) 26,518 Hd Equivalent: $167.97 $154.32 DEMAND (Box) 52,069 Hd* Equivalent: $210.34 $199.77 Live-Box Spread: ($42.37) ($45.45) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $222.34 Weight Price Head : Se 600-900# $211.77 Live Steer: 1450 $109.30 14,059: Current Lds: 144.8 Live Heifer: 1271 $110.12 3,603: Previous Lds: 161.9 Drsd Steer: 926 $176.23 6,489 Drsd Heifer: 854 $179.05 2,367 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 7.99 Ch 600-900# : 87.00%: Steer Dressing % : 63.15% Ch 600-750# : 35.90%: Heifer Dressing %: 63.18% Ch 750-900# : 51.10%: Processing Cost : 12.00 Se 600-900# : 13.00%: Slaughter Cost : 50.50 Se 600-750# : 3.72%: Se 750-900# : 9.28%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 189.15 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -30.71 -17.64 -4.34 -16.00 ----------------------------------------------------------------------------- Prime 1-3 12.60 $171.04 $184.11 $201.75 $197.41 $185.75 Certified 1-3 5.32 $163.76 $176.83 $194.47 $190.13 $178.47 Choice 1 3.79 $162.23 $175.30 $192.94 $188.60 $176.94 Select 1 -9.29 $149.15 $162.22 $179.86 $175.52 $163.86 Stndrd 1-3 -27.84 $130.60 $143.67 $161.31 $156.97 $145.31 Prime 4 -0.04 $158.40 $171.47 $189.11 $184.77 $173.11 Choice 4 -11.21 $147.23 $160.30 $177.94 $173.60 $161.94 ----------------------------------------------------------------------------- *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