USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

CHOICE SELECT
Index 600-900# 600-900#
Values => $176.48 $160.19
Change => -1.04 0.25

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Current Index Reflects the Equivalent of 193,322 head of cattle.
SUPPLY (Live) 114,677 Hd
Equivalent: $174.45 $157.31
DEMAND (Box) 78,645 Hd*
Equivalent: $178.51 $163.07
Live-Box Spread: ($4.06) ($5.76)
—————————- Input Breakdown —————————–
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $190.51
Weight Price Head : Se 600-900# $175.07
Live Steer: 1368 $117.10 39,924: Current Lds: 203.0
Live Heifer: 1222 $116.90 25,374: Previous Lds: 156.1
Drsd Steer: 890 $186.94 34,653
Drsd Heifer: 798 $186.34 14,726
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Grading % Breakdown : Drop Credit : 12.97
Ch 600-900# : 71.80%: Steer Dressing % : 64.37%
Ch 600-750# : 23.18%: Heifer Dressing %: 64.34%
Ch 750-900# : 48.62%: Processing Cost : 12.00
Se 600-900# : 28.20%: Slaughter Cost : 50.50
Se 600-750# : 6.81%:
Se 750-900# : 21.39%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 176.48 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -28.93 -13.04 -1.70 -21.54
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Prime 1-3 16.50 $164.05 $179.94 $192.98 $191.28 $171.44
Certified 1-3 4.95 $152.50 $168.39 $181.43 $179.73 $159.89
Choice 1 3.38 $150.93 $166.82 $179.86 $178.16 $158.32
Select 1 -13.26 $134.29 $150.18 $163.22 $161.52 $141.68
Stndrd 1-3 -24.85 $122.70 $138.59 $151.63 $149.93 $130.09
Prime 4 3.80 $151.35 $167.24 $180.28 $178.58 $158.74
Choice 4 -11.38 $136.17 $152.06 $165.10 $163.40 $143.56
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*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.