NW_LS410 Des Moines, IA Fri, Nov 19, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $229.54 $212.87 Change => 2.70 1.91 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 163,099 head of cattle. SUPPLY (Live) 106,299 Hd Equivalent: $192.66 $173.90 DEMAND (Box) 56,800 Hd* Equivalent: $266.41 $251.83 Live-Box Spread: ($73.75) ($77.93) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $278.41 Weight Price Head : Se 600-900# $263.83 Live Steer: 1487 $132.75 56,805: Current Lds: 103.3 Live Heifer: 1324 $132.91 25,543: Previous Lds: 193.4 Drsd Steer: 970 $209.63 17,814 Drsd Heifer: 870 $209.76 6,137 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 14.97 Ch 600-900# : 83.76%: Steer Dressing % : 62.92% Ch 600-750# : 33.86%: Heifer Dressing %: 62.86% Ch 750-900# : 49.90%: Processing Cost : 12.00 Se 600-900# : 16.24%: Slaughter Cost : 50.50 Se 600-750# : 4.24%: Se 750-900# : 12.00%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 229.54 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -27.14 -16.04 -3.04 -16.07 ----------------------------------------------------------------------------- Prime 1-3 25.46 $227.86 $238.96 $255.00 $251.96 $238.93 Certified 1-3 6.49 $208.89 $219.99 $236.03 $232.99 $219.96 Choice 1 3.58 $205.98 $217.08 $233.12 $230.08 $217.05 Select 1 -14.67 $187.73 $198.83 $214.87 $211.83 $198.80 Stndrd 1-3 -31.29 $171.11 $182.21 $198.25 $195.21 $182.18 Prime 4 12.88 $215.28 $226.38 $242.42 $239.38 $226.35 Choice 4 -11.23 $191.17 $202.27 $218.31 $215.27 $202.24 ----------------------------------------------------------------------------- *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