Carcass Price Equivalent Index Value (Beef) - CSV

NW_LS410,,,,,,,,
"Des Moines, IA",,Fri Nov 08 2002,,,,   USDA Market News,,

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE,,,,,,,,

,,,  CH 1-3 ,CH 1-3 ,  SE 1-3 ,  SE 1-3 ,,
Index,,,600-750#,750-900#, 600-750#, 750-900#,,
,Values =>,,$102.92 ,$101.69 ,$95.71 ,$94.64 ,,
,Change =>,,-0.26,-0.29,0.22,unchgd,,
,,,-------------------------------------,,,, ,
"Current Index Reflects the Equivalent of 293,644 head of cattle.",,,,,,,,
SUPPLY (Live),,,,,,,,
,Equivalent:,,$103.80 ,$103.05 ,$94.96 ,$94.40 ,"116,727",Hd
DEMAND (Box),,,,,,,,
,Equivalent:,,$102.04 ,$100.33 ,$96.46 ,$94.88 ,"176,917",Hd*
,Live-Box Spread:,,$1.76 ,$2.72 ,($1.50),($0.48),
 ------------------------------------------------------- Input Breakdown ---------------------------------------------------,,,,,,,
,Five-Area Direct Cattle,,,,: Boxed Beef Cutouts ,,
,(5 day accumulated wghtd avg),,,,: Ch 600-750# ,,$110.79 
,,Weight,Price,Head,: Ch 750-900# ,,$109.08 
  Live Str:,,1274,$67.71 ,"43,726",: Se 600-750# ,,$105.21 
  Live Hfr:,,1180,$67.90 ,"43,223",: Se 750-900# ,,$103.63 
  Drsd Str:,,850,$106.91 ,"14,729",: Current Lds:,,317.3
  Drsd Hfr:,,754,$107.43 ,"15,049",: Previous Lds:,,425.91
 -------------------------------------------------------------------------------------------------------------------------------------,,,,,,,
,Grading % Breakdown ,,,:,Drop Credit :,,$7.73 
,Ch 600-750# :,,13.19%,:,Steer Dressing % :,,63.33%
,Ch 750-900# :,,46.33%,:,Heifer Dressing %:,,63.20%
,Se 600-750# :,,7.20%,:,Processing Cost :,,$8.75 
,Se 750-900# :,,33.28%,:,Slaughter Cost :,,$38.00 
 -----------------------------------------------------------------------------------------------------------------------------------,,,,,,,
,Equivalent Values for Outlying Beef Carcass Types,,,,,,
,Basis Value = 102.92,,,Carcass Weights,,,
,,,400-500#,500-550#,550-950#,950-1000#,1000#/up
,Qlty/Yield,(1),-21.82,-14.36,-0.68,-6.09,-17.40
-----------------------------------------------------------------------------------------------------------------------------------------,,,,,,,
,Prime 1-3,7.14,$88.24,$95.70,$109.38 ,$103.97,$92.66
,Certified,2.76,$83.86,$91.32,$105.00 ,$99.59,$88.28
,Choice 1,2.82,$83.92,$91.38,$105.06 ,$99.65,$88.34
,Select 1,-5.57,$75.53,$82.99,$96.67 ,$91.26,$79.95
,Stndrd 1-3,-13.47,$67.63,$75.09,$88.77 ,$83.36,$72.05
,Prime 4,-5.40,$75.70,$83.16,$96.84 ,$91.43,$80.12
,Choice 4,-11.36,$69.74,$77.20,$90.88 ,$85.47,$74.16
---------------------------------------------------------------------------------------------------------------------------------------------,,,,,,,
*Reflects total boxed beef load count from past 5 days,,,,,,,
"multiplied by 100, 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, Des Moines, IA"
         Phone:  515-284-4460  email:  desm.lgmn@usda.gov
         www.ams.usda.gov/mnreports/nw_ls410.txt

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