NW_LS410 Des Moines, IA Mon, Jan 17, 2022 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $237.87 $227.15 Change => 1.69 1.41 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 93,883 head of cattle. SUPPLY (Live) 47,195 Hd Equivalent: $199.87 $189.24 DEMAND (Box) 46,688 Hd* Equivalent: $275.86 $265.05 Live-Box Spread: ($75.99) ($75.81) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $287.86 Weight Price Head : Se 600-900# $277.05 Live Steer: 1471 $137.77 22,412: Current Lds: 107.7 Live Heifer: 1328 $136.60 9,565: Previous Lds: 85.8 Drsd Steer: 963 $218.03 11,887 Drsd Heifer: 866 $217.91 3,331 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 14.14 Ch 600-900# : 87.08%: Steer Dressing % : 62.91% Ch 600-750# : 35.20%: Heifer Dressing %: 62.86% Ch 750-900# : 51.88%: Processing Cost : 12.00 Se 600-900# : 12.92%: Slaughter Cost : 50.50 Se 600-750# : 3.37%: Se 750-900# : 9.55%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 237.87 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 23.74 $234.47 $245.57 $261.61 $258.57 $245.54 Certified 1-3 6.49 $217.22 $228.32 $244.36 $241.32 $228.29 Choice 1 3.58 $214.31 $225.41 $241.45 $238.41 $225.38 Select 1 -6.50 $204.23 $215.33 $231.37 $228.33 $215.30 Stndrd 1-3 -27.58 $183.15 $194.25 $210.29 $207.25 $194.22 Prime 4 11.16 $221.89 $232.99 $249.03 $245.99 $232.96 Choice 4 -11.23 $199.50 $210.60 $226.64 $223.60 $210.57 ----------------------------------------------------------------------------- *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