NW_LS410 Des Moines, IA Tue, May 11, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $237.25 $221.47 Change => 1.73 1.39 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 91,673 head of cattle. SUPPLY (Live) 57,057 Hd Equivalent: $174.14 $158.60 DEMAND (Box) 34,616 Hd* Equivalent: $300.37 $284.34 Live-Box Spread: ($126.23) ($125.74) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $312.37 Weight Price Head : Se 600-900# $296.34 Live Steer: 1453 $118.66 25,933: Current Lds: 105.5 Live Heifer: 1309 $118.38 11,081: Previous Lds: 71.3 Drsd Steer: 928 $188.51 15,724 Drsd Heifer: 834 $188.52 4,319 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 12.07 Ch 600-900# : 86.70%: Steer Dressing % : 63.48% Ch 600-750# : 35.05%: Heifer Dressing %: 63.41% Ch 750-900# : 51.65%: Processing Cost : 12.00 Se 600-900# : 13.30%: Slaughter Cost : 50.50 Se 600-750# : 3.47%: Se 750-900# : 9.83%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 237.25 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -27.14 -16.04 -4.64 -16.07 ----------------------------------------------------------------------------- Prime 1-3 14.41 $224.52 $235.62 $251.66 $247.02 $235.59 Certified 1-3 6.80 $216.91 $228.01 $244.05 $239.41 $227.98 Choice 1 3.69 $213.80 $224.90 $240.94 $236.30 $224.87 Select 1 -11.31 $198.80 $209.90 $225.94 $221.30 $209.87 Stndrd 1-3 -28.17 $181.94 $193.04 $209.08 $204.44 $193.01 Prime 4 1.81 $211.92 $223.02 $239.06 $234.42 $222.99 Choice 4 -11.23 $198.88 $209.98 $226.02 $221.38 $209.95 ----------------------------------------------------------------------------- *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