NW_LS410
Des Moines, IA Fri, Apr 16, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $222.49 $213.10
Change => -0.61 0.01
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Current Index Reflects the Equivalent of 108,930 head of cattle.
SUPPLY (Live) 68,617 Hd
Equivalent: $180.93 $169.11
DEMAND (Box) 40,313 Hd*
Equivalent: $264.05 $257.10
Live-Box Spread: ($83.12) ($87.99)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $276.05
Weight Price Head : Se 600-900# $269.10
Live Steer: 1438 $122.14 27,643: Current Lds: 88.4
Live Heifer: 1303 $121.88 11,474: Previous Lds: 103.5
Drsd Steer: 940 $195.67 18,678
Drsd Heifer: 859 $195.89 10,822
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Grading % Breakdown : Drop Credit : 10.92
Ch 600-900# : 88.05%: Steer Dressing % : 63.76%
Ch 600-750# : 35.59%: Heifer Dressing %: 63.77%
Ch 750-900# : 52.46%: Processing Cost : 12.00
Se 600-900# : 11.95%: Slaughter Cost : 50.50
Se 600-750# : 3.12%:
Se 750-900# : 8.83%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 222.49 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -27.14 -16.04 -4.64 -16.07
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Prime 1-3 15.41 $210.76 $221.86 $237.90 $233.26 $221.83
Certified 1-3 6.37 $201.72 $212.82 $228.86 $224.22 $212.79
Choice 1 3.69 $199.04 $210.14 $226.18 $221.54 $210.11
Select 1 -7.58 $187.77 $198.87 $214.91 $210.27 $198.84
Stndrd 1-3 -27.40 $167.95 $179.05 $195.09 $190.45 $179.02
Prime 4 2.81 $198.16 $209.26 $225.30 $220.66 $209.23
Choice 4 -11.23 $184.12 $195.22 $211.26 $206.62 $195.19
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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.
Source: USDA Market News Service, Des Moines, IA
Bryant Smith 515-284-4460 Desm.LPGMN@ams.usda.gov
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