NW_LS410
Des Moines, IA Wed, May 12, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $239.26 $222.53
Change => 2.01 1.06
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Current Index Reflects the Equivalent of 69,107 head of cattle.
SUPPLY (Live) 36,222 Hd
Equivalent: $175.43 $159.89
DEMAND (Box) 32,885 Hd*
Equivalent: $303.08 $285.16
Live-Box Spread: ($127.65) ($125.27)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $315.08
Weight Price Head : Se 600-900# $297.16
Live Steer: 1467 $119.29 14,924: Current Lds: 98.3
Live Heifer: 1322 $119.47 7,205: Previous Lds: 105.5
Drsd Steer: 935 $189.93 11,356
Drsd Heifer: 846 $190.15 2,737
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Grading % Breakdown : Drop Credit : 12.09
Ch 600-900# : 86.70%: Steer Dressing % : 63.50%
Ch 600-750# : 35.05%: Heifer Dressing %: 63.35%
Ch 750-900# : 51.65%: Processing Cost : 12.00
Se 600-900# : 13.30%: Slaughter Cost : 50.50
Se 600-750# : 3.47%:
Se 750-900# : 9.83%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 239.26 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 14.41 $226.53 $237.63 $253.67 $249.03 $237.60
Certified 1-3 6.80 $218.92 $230.02 $246.06 $241.42 $229.99
Choice 1 3.69 $215.81 $226.91 $242.95 $238.31 $226.88
Select 1 -11.31 $200.81 $211.91 $227.95 $223.31 $211.88
Stndrd 1-3 -28.17 $183.95 $195.05 $211.09 $206.45 $195.02
Prime 4 1.81 $213.93 $225.03 $241.07 $236.43 $225.00
Choice 4 -11.23 $200.89 $211.99 $228.03 $223.39 $211.96
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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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