NW_LS410 Des Moines, IA Fri, Jan 17, 2020 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $195.31 $191.63 Change => 0.58 0.58 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 159,640 head of cattle. SUPPLY (Live) 113,615 Hd Equivalent: $188.45 $182.51 DEMAND (Box) 46,025 Hd* Equivalent: $202.17 $200.75 Live-Box Spread: ($13.72) ($18.24) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $214.17 Weight Price Head : Se 600-900# $212.75 Live Steer: 1477 $124.15 52,291: Current Lds: 97.2 Live Heifer: 1365 $125.40 24,773: Previous Lds: 115.0 Drsd Steer: 948 $199.43 26,315 Drsd Heifer: 843 $199.31 10,236 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.20 Ch 600-900# : 86.64%: Steer Dressing % : 63.01% Ch 600-750# : 35.23%: Heifer Dressing %: 62.98% Ch 750-900# : 51.40%: Processing Cost : 12.00 Se 600-900# : 13.36%: Slaughter Cost : 50.50 Se 600-750# : 3.02%: Se 750-900# : 10.34%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 195.31 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -30.71 -17.64 -4.50 -17.33 ----------------------------------------------------------------------------- Prime 1-3 14.26 $178.86 $191.93 $209.57 $205.07 $192.24 Certified 1-3 5.21 $169.81 $182.88 $200.52 $196.02 $183.19 Choice 1 3.79 $168.39 $181.46 $199.10 $194.60 $181.77 Select 1 -1.54 $163.06 $176.13 $193.77 $189.27 $176.44 Stndrd 1-3 -24.77 $139.83 $152.90 $170.54 $166.04 $153.21 Prime 4 1.62 $166.22 $179.29 $196.93 $192.43 $179.60 Choice 4 -11.21 $153.39 $166.46 $184.10 $179.60 $166.77 ----------------------------------------------------------------------------- *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