NW_LS410
Des Moines, IA Wed, Aug 18, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $253.95 $228.18
Change => 1.18 1.68
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Current Index Reflects the Equivalent of 106,463 head of cattle.
SUPPLY (Live) 68,986 Hd
Equivalent: $179.81 $158.55
DEMAND (Box) 37,477 Hd*
Equivalent: $328.08 $297.80
Live-Box Spread: ($148.27) ($139.25)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $340.08
Weight Price Head : Se 600-900# $309.80
Live Steer: 1449 $123.95 32,753: Current Lds: 112.0
Live Heifer: 1292 $122.98 13,372: Previous Lds: 121.6
Drsd Steer: 940 $200.86 18,855
Drsd Heifer: 848 $199.51 4,006
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Grading % Breakdown : Drop Credit : 15.07
Ch 600-900# : 85.02%: Steer Dressing % : 63.37%
Ch 600-750# : 34.37%: Heifer Dressing %: 63.25%
Ch 750-900# : 50.65%: Processing Cost : 12.00
Se 600-900# : 14.98%: Slaughter Cost : 50.50
Se 600-750# : 3.91%:
Se 750-900# : 11.07%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 253.95 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -27.14 -16.04 -3.39 -16.07
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Prime 1-3 21.12 $247.93 $259.03 $275.07 $271.68 $259.00
Certified 1-3 6.23 $233.04 $244.14 $260.18 $256.79 $244.11
Choice 1 3.69 $230.50 $241.60 $257.64 $254.25 $241.57
Select 1 -17.06 $209.75 $220.85 $236.89 $233.50 $220.82
Stndrd 1-3 -30.42 $196.39 $207.49 $223.53 $220.14 $207.46
Prime 4 8.52 $235.33 $246.43 $262.47 $259.08 $246.40
Choice 4 -11.23 $215.58 $226.68 $242.72 $239.33 $226.65
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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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