NW_LS410 Des Moines, IA Thu, Sep 16, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $243.20 $211.63 Change => -1.40 -2.31 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 124,047 head of cattle. SUPPLY (Live) 68,992 Hd Equivalent: $180.39 $155.00 DEMAND (Box) 55,055 Hd* Equivalent: $306.00 $268.27 Live-Box Spread: ($125.61) ($113.27) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $318.00 Weight Price Head : Se 600-900# $280.27 Live Steer: 1486 $124.56 34,002: Current Lds: 140.7 Live Heifer: 1327 $124.23 12,365: Previous Lds: 191.2 Drsd Steer: 954 $198.52 16,632 Drsd Heifer: 842 $198.99 5,993 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 15.27 Ch 600-900# : 84.96%: Steer Dressing % : 63.19% Ch 600-750# : 34.34%: Heifer Dressing %: 63.21% Ch 750-900# : 50.62%: Processing Cost : 12.00 Se 600-900# : 15.04%: Slaughter Cost : 50.50 Se 600-750# : 3.93%: Se 750-900# : 11.11%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 243.20 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -27.14 -16.15 -3.04 -16.07 ----------------------------------------------------------------------------- Prime 1-3 21.03 $237.09 $248.08 $264.23 $261.19 $248.16 Certified 1-3 6.92 $222.98 $233.97 $250.12 $247.08 $234.05 Choice 1 3.58 $219.64 $230.63 $246.78 $243.74 $230.71 Select 1 -21.34 $194.72 $205.71 $221.86 $218.82 $205.79 Stndrd 1-3 -34.01 $182.05 $193.04 $209.19 $206.15 $193.12 Prime 4 8.45 $224.51 $235.50 $251.65 $248.61 $235.58 Choice 4 -11.23 $204.83 $215.82 $231.97 $228.93 $215.90 ----------------------------------------------------------------------------- *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