NW_LS410 Des Moines, IA Mon, Apr 19, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $222.31 $213.37 Change => -0.18 0.27 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 108,006 head of cattle. SUPPLY (Live) 69,252 Hd Equivalent: $180.45 $169.62 DEMAND (Box) 38,754 Hd* Equivalent: $264.17 $257.13 Live-Box Spread: ($83.72) ($87.51) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $276.17 Weight Price Head : Se 600-900# $269.13 Live Steer: 1443 $122.03 30,132: Current Lds: 91.0 Live Heifer: 1305 $121.60 10,895: Previous Lds: 88.4 Drsd Steer: 941 $195.52 18,127 Drsd Heifer: 858 $195.87 10,098 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 10.92 Ch 600-900# : 87.86%: Steer Dressing % : 63.80% Ch 600-750# : 35.52%: Heifer Dressing %: 63.82% Ch 750-900# : 52.35%: Processing Cost : 12.00 Se 600-900# : 12.14%: Slaughter Cost : 50.50 Se 600-750# : 3.17%: Se 750-900# : 8.97%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 222.31 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -27.14 -16.04 -4.64 -16.07 ----------------------------------------------------------------------------- Prime 1-3 15.19 $210.36 $221.46 $237.50 $232.86 $221.43 Certified 1-3 6.66 $201.83 $212.93 $228.97 $224.33 $212.90 Choice 1 3.69 $198.86 $209.96 $226.00 $221.36 $209.93 Select 1 -6.58 $188.59 $199.69 $215.73 $211.09 $199.66 Stndrd 1-3 -27.25 $167.92 $179.02 $195.06 $190.42 $178.99 Prime 4 2.59 $197.76 $208.86 $224.90 $220.26 $208.83 Choice 4 -11.23 $183.94 $195.04 $211.08 $206.44 $195.01 ----------------------------------------------------------------------------- *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