NW_LS410 Des Moines, IA Mon, Sep 20, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $241.88 $211.48 Change => 0.62 0.28 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 102,469 head of cattle. SUPPLY (Live) 49,457 Hd Equivalent: $180.10 $154.21 DEMAND (Box) 53,012 Hd* Equivalent: $303.66 $268.75 Live-Box Spread: ($123.56) ($114.54) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $315.66 Weight Price Head : Se 600-900# $280.75 Live Steer: 1481 $124.03 19,339: Current Lds: 84.0 Live Heifer: 1333 $124.10 9,257: Previous Lds: 154.6 Drsd Steer: 956 $198.57 15,234 Drsd Heifer: 845 $198.94 5,627 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 15.27 Ch 600-900# : 85.09%: Steer Dressing % : 63.39% Ch 600-750# : 34.39%: Heifer Dressing %: 63.32% Ch 750-900# : 50.69%: Processing Cost : 12.00 Se 600-900# : 14.91%: Slaughter Cost : 50.50 Se 600-750# : 3.89%: Se 750-900# : 11.02%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 241.88 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 21.24 $235.98 $247.08 $263.12 $260.08 $247.05 Certified 1-3 6.35 $221.09 $232.19 $248.23 $245.19 $232.16 Choice 1 3.58 $218.32 $229.42 $245.46 $242.42 $229.39 Select 1 -21.84 $192.90 $204.00 $220.04 $217.00 $203.97 Stndrd 1-3 -34.36 $180.38 $191.48 $207.52 $204.48 $191.45 Prime 4 8.66 $223.40 $234.50 $250.54 $247.50 $234.47 Choice 4 -11.23 $203.51 $214.61 $230.65 $227.61 $214.58 ----------------------------------------------------------------------------- *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