NW_LS410 Des Moines, IA Wed, Oct 06, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $224.62 $200.03 Change => -0.52 -2.41 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 128,728 head of cattle. SUPPLY (Live) 78,253 Hd Equivalent: $174.62 $149.14 DEMAND (Box) 50,475 Hd* Equivalent: $274.62 $250.91 Live-Box Spread: ($100.00) ($101.77) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $286.62 Weight Price Head : Se 600-900# $262.91 Live Steer: 1485 $122.55 41,868: Current Lds: 156.7 Live Heifer: 1334 $122.76 14,194: Previous Lds: 170.9 Drsd Steer: 968 $194.46 17,416 Drsd Heifer: 850 $195.15 4,775 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 16.29 Ch 600-900# : 85.27%: Steer Dressing % : 63.70% Ch 600-750# : 34.47%: Heifer Dressing %: 63.34% Ch 750-900# : 50.80%: Processing Cost : 12.00 Se 600-900# : 14.73%: Slaughter Cost : 50.50 Se 600-750# : 3.85%: Se 750-900# : 10.89%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 224.62 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 22.03 $219.51 $230.61 $246.65 $243.61 $230.58 Certified 1-3 6.06 $203.54 $214.64 $230.68 $227.64 $214.61 Choice 1 3.58 $201.06 $212.16 $228.20 $225.16 $212.13 Select 1 -21.42 $176.06 $187.16 $203.20 $200.16 $187.13 Stndrd 1-3 -34.01 $163.47 $174.57 $190.61 $187.57 $174.54 Prime 4 9.45 $206.93 $218.03 $234.07 $231.03 $218.00 Choice 4 -11.23 $186.25 $197.35 $213.39 $210.35 $197.32 ----------------------------------------------------------------------------- *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