NW_LS410
Des Moines, IA Fri, Jan 29, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $193.21 $181.64
Change => 1.95 1.89
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Current Index Reflects the Equivalent of 56,756 head of cattle.
SUPPLY (Live) 17,185 Hd
Equivalent: $164.46 $152.57
DEMAND (Box) 39,571 Hd*
Equivalent: $221.95 $210.70
Live-Box Spread: ($57.49) ($58.13)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $233.95
Weight Price Head : Se 600-900# $222.70
Live Steer: 1481 $111.19 8,591: Current Lds: 74.6
Live Heifer: 1323 $111.41 2,875: Previous Lds: 110.0
Drsd Steer: 966 $175.91 3,701
Drsd Heifer: 870 $176.27 2,018
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Grading % Breakdown : Drop Credit : 9.54
Ch 600-900# : 87.24%: Steer Dressing % : 64.21%
Ch 600-750# : 35.26%: Heifer Dressing %: 64.13%
Ch 750-900# : 51.97%: Processing Cost : 12.00
Se 600-900# : 12.76%: Slaughter Cost : 50.50
Se 600-750# : 3.33%:
Se 750-900# : 9.43%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 193.21 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -31.15 -15.97 -4.34 -16.00
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Prime 1-3 16.16 $178.22 $193.40 $209.37 $205.03 $193.37
Certified 1-3 6.02 $168.08 $183.26 $199.23 $194.89 $183.23
Choice 1 3.71 $165.77 $180.95 $196.92 $192.58 $180.92
Select 1 -7.62 $154.44 $169.62 $185.59 $181.25 $169.59
Stndrd 1-3 -26.32 $135.74 $150.92 $166.89 $162.55 $150.89
Prime 4 3.27 $165.33 $180.51 $196.48 $192.14 $180.48
Choice 4 -11.50 $150.56 $165.74 $181.71 $177.37 $165.71
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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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