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 ----------------------------------------------------------------------------- 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 ----------------------------------------------------------------------------- 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%: ----------------------------------------------------------------------------- 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 ----------------------------------------------------------------------------- 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 ----------------------------------------------------------------------------- *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 ������� 24 Hour recorded market information 515-284-4830 ������� www.ams.usda.gov/mnreports/NW_LS410.txt ������� www.ams.usda.gov/LPSMarketNewsPage
Beef Carcass Price Equivalent Index Value