NW_LS410 Des Moines, IA Thu, Apr 22, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $225.24 $215.51 Change => 0.85 0.83 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 128,802 head of cattle. SUPPLY (Live) 93,024 Hd Equivalent: $180.17 $169.33 DEMAND (Box) 35,778 Hd* Equivalent: $270.31 $261.69 Live-Box Spread: ($90.14) ($92.36) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $282.31 Weight Price Head : Se 600-900# $273.69 Live Steer: 1465 $121.91 44,833: Current Lds: 92.7 Live Heifer: 1293 $121.41 16,092: Previous Lds: 113.7 Drsd Steer: 939 $195.17 20,790 Drsd Heifer: 857 $195.65 11,309 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 10.95 Ch 600-900# : 87.86%: Steer Dressing % : 63.61% Ch 600-750# : 35.52%: Heifer Dressing %: 63.66% Ch 750-900# : 52.35%: Processing Cost : 12.00 Se 600-900# : 12.14%: Slaughter Cost : 50.50 Se 600-750# : 3.17%: Se 750-900# : 8.97%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 225.24 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 15.19 $213.29 $224.39 $240.43 $235.79 $224.36 Certified 1-3 6.66 $204.76 $215.86 $231.90 $227.26 $215.83 Choice 1 3.69 $201.79 $212.89 $228.93 $224.29 $212.86 Select 1 -6.58 $191.52 $202.62 $218.66 $214.02 $202.59 Stndrd 1-3 -27.25 $170.85 $181.95 $197.99 $193.35 $181.92 Prime 4 2.59 $200.69 $211.79 $227.83 $223.19 $211.76 Choice 4 -11.23 $186.87 $197.97 $214.01 $209.37 $197.94 ----------------------------------------------------------------------------- *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