NW_LS410 Des Moines, IA Thu, Oct 14, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $222.46 $201.44 Change => 0.52 1.36 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 119,299 head of cattle. SUPPLY (Live) 66,551 Hd Equivalent: $176.61 $154.20 DEMAND (Box) 52,748 Hd* Equivalent: $268.32 $248.68 Live-Box Spread: ($91.71) ($94.48) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $280.32 Weight Price Head : Se 600-900# $260.68 Live Steer: 1486 $123.76 32,527: Current Lds: 143.4 Live Heifer: 1322 $123.75 12,958: Previous Lds: 171.1 Drsd Steer: 967 $195.61 16,370 Drsd Heifer: 854 $195.57 4,696 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 16.32 Ch 600-900# : 84.91%: Steer Dressing % : 63.24% Ch 600-750# : 34.32%: Heifer Dressing %: 63.20% Ch 750-900# : 50.58%: Processing Cost : 12.00 Se 600-900# : 15.09%: Slaughter Cost : 50.50 Se 600-750# : 3.94%: Se 750-900# : 11.15%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 222.46 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 22.60 $217.92 $229.02 $245.06 $242.02 $228.99 Certified 1-3 5.49 $200.81 $211.91 $227.95 $224.91 $211.88 Choice 1 3.58 $198.90 $210.00 $226.04 $223.00 $209.97 Select 1 -18.34 $176.98 $188.08 $204.12 $201.08 $188.05 Stndrd 1-3 -32.94 $162.38 $173.48 $189.52 $186.48 $173.45 Prime 4 10.02 $205.34 $216.44 $232.48 $229.44 $216.41 Choice 4 -11.23 $184.09 $195.19 $211.23 $208.19 $195.16 ----------------------------------------------------------------------------- *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