NW_LS410
Des Moines, IA Mon, Mar 08, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $193.57 $183.41
Change => -0.28 1.08
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Current Index Reflects the Equivalent of 105,712 head of cattle.
SUPPLY (Live) 65,142 Hd
Equivalent: $168.07 $155.68
DEMAND (Box) 40,570 Hd*
Equivalent: $219.08 $211.13
Live-Box Spread: ($51.01) ($55.45)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $231.08
Weight Price Head : Se 600-900# $223.13
Live Steer: 1467 $113.48 32,204: Current Lds: 69.8
Live Heifer: 1355 $113.54 13,426: Previous Lds: 112.4
Drsd Steer: 956 $179.86 14,711
Drsd Heifer: 841 $179.97 4,801
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Grading % Breakdown : Drop Credit : 9.80
Ch 600-900# : 88.06%: Steer Dressing % : 63.77%
Ch 600-750# : 35.60%: Heifer Dressing %: 63.83%
Ch 750-900# : 52.46%: Processing Cost : 12.00
Se 600-900# : 11.94%: Slaughter Cost : 50.50
Se 600-750# : 3.12%:
Se 750-900# : 8.82%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 193.57 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 15.12 $181.55 $192.65 $208.69 $204.05 $192.62
Certified 1-3 6.23 $172.66 $183.76 $199.80 $195.16 $183.73
Choice 1 3.69 $170.12 $181.22 $197.26 $192.62 $181.19
Select 1 -8.14 $158.29 $169.39 $185.43 $180.79 $169.36
Stndrd 1-3 -28.01 $138.42 $149.52 $165.56 $160.92 $149.49
Prime 4 2.52 $168.95 $180.05 $196.09 $191.45 $180.02
Choice 4 -11.23 $155.20 $166.30 $182.34 $177.70 $166.27
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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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