USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

CHOICE SELECT

Index 600-900# 600-900#

Values => $129.88 $124.29

Change => -0.20 -0.35

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Current Index Reflects the Equivalent of 226,086 head of cattle.

SUPPLY (Live) 141,221 Hd

Equivalent: $130.92 $125.20

DEMAND (Box) 84,865 Hd*

Equivalent: $128.83 $123.38

Live-Box Spread: $2.09 $1.82

---------------------------- Input Breakdown -----------------------------

National Daily Direct Cattle : Boxed Beef Cutouts

(5 day accumulated wghtd avg) : Ch 600-900# $140.83

Weight Price Head : Se 600-900# $135.38

Live Steer: 1346 $86.68 45,245: Current Lds: 193.9

Live Heifer: 1213 $86.69 48,068: Previous Lds: 283.9

Drsd Steer: 891 $133.70 26,127

Drsd Heifer: 808 $134.57 21,781

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Grading % Breakdown : Drop Credit : 8.44

Ch 600-900# : 71.51% : Steer Dressing % : 63.62%

Ch 600-750# : 22.83% : Heifer Dressing %: 63.60%

Ch 750-900# : 48.68% : Processing Cost : 12.00

Se 600-900# : 28.49% : Slaughter Cost : 50.50

Se 600-750# : 7.66% :

Se 750-900# : 20.83% :

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Equivalent Values for Outlying Beef Carcass Types

Basis Value = 129.88 Carcass Weights

400-500# 500-600# 600-900# 900-1000# 1000#/up

Qlty/Yield (1) -25.45 -9.79 0.00 -3.21 -19.09

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Prime 1-3 10.22 $114.65 $130.31 $140.10 $136.89 $121.01

Certified 1-3 3.82 $108.25 $123.91 $133.70 $130.49 $114.61

Choice 1 3.17 $107.60 $123.26 $133.05 $129.84 $113.96

Select 1 -2.05 $102.38 $118.04 $127.83 $124.62 $108.74

Stndrd 1-3 -16.22 $88.21 $103.87 $113.66 $110.45 $94.57

Prime 4 -2.36 $102.07 $117.73 $127.52 $124.31 $108.43

Choice 4 -11.40 $93.03 $108.69 $118.48 $115.27 $99.39

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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.