NW_LS410 Des Moines, IA Thu, Dec 03, 2020 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $196.57 $176.63 Change => -0.89 -1.55 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 150,704 head of cattle. SUPPLY (Live) 107,434 Hd Equivalent: $165.95 $145.33 DEMAND (Box) 43,270 Hd* Equivalent: $227.19 $207.93 Live-Box Spread: ($61.24) ($62.60) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $239.19 Weight Price Head : Se 600-900# $219.93 Live Steer: 1489 $110.13 49,044: Current Lds: 188.8 Live Heifer: 1325 $110.36 30,787: Previous Lds: 123.2 Drsd Steer: 977 $173.02 19,002 Drsd Heifer: 875 $173.42 8,601 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 8.45 Ch 600-900# : 86.09%: Steer Dressing % : 63.77% Ch 600-750# : 34.80%: Heifer Dressing %: 63.82% Ch 750-900# : 51.29%: Processing Cost : 12.00 Se 600-900# : 13.91%: Slaughter Cost : 50.50 Se 600-750# : 3.63%: Se 750-900# : 10.28%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 196.57 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -30.00 -16.30 -4.34 -16.00 ----------------------------------------------------------------------------- Prime 1-3 15.93 $182.50 $196.20 $212.50 $208.16 $196.50 Certified 1-3 6.18 $172.75 $186.45 $202.75 $198.41 $186.75 Choice 1 3.79 $170.36 $184.06 $200.36 $196.02 $184.36 Select 1 -16.29 $150.28 $163.98 $180.28 $175.94 $164.28 Stndrd 1-3 -29.07 $137.50 $151.20 $167.50 $163.16 $151.50 Prime 4 2.86 $169.43 $183.13 $199.43 $195.09 $183.43 Choice 4 -11.64 $154.93 $168.63 $184.93 $180.59 $168.93 ----------------------------------------------------------------------------- *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