NW_LS410 Des Moines, IA Thu, Jan 21, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $185.83 $174.34 Change => 1.06 1.42 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 88,611 head of cattle. SUPPLY (Live) 39,076 Hd Equivalent: $162.47 $150.40 DEMAND (Box) 49,535 Hd* Equivalent: $209.20 $198.28 Live-Box Spread: ($46.73) ($47.88) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $221.20 Weight Price Head : Se 600-900# $210.28 Live Steer: 1483 $108.95 18,597: Current Lds: 127.2 Live Heifer: 1343 $109.62 11,491: Previous Lds: 136.3 Drsd Steer: 949 $172.44 5,939 Drsd Heifer: 894 $172.10 3,049 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.35 Ch 600-900# : 86.42%: Steer Dressing % : 63.64% Ch 600-750# : 34.93%: Heifer Dressing %: 63.60% Ch 750-900# : 51.48%: Processing Cost : 12.00 Se 600-900# : 13.58%: Slaughter Cost : 50.50 Se 600-750# : 3.55%: Se 750-900# : 10.04%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 185.83 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -31.15 -15.97 -4.34 -16.00 ----------------------------------------------------------------------------- Prime 1-3 15.96 $170.64 $185.82 $201.79 $197.45 $185.79 Certified 1-3 6.02 $160.70 $175.88 $191.85 $187.51 $175.85 Choice 1 3.71 $158.39 $173.57 $189.54 $185.20 $173.54 Select 1 -7.79 $146.89 $162.07 $178.04 $173.70 $162.04 Stndrd 1-3 -26.47 $128.21 $143.39 $159.36 $155.02 $143.36 Prime 4 3.07 $157.75 $172.93 $188.90 $184.56 $172.90 Choice 4 -11.50 $143.18 $158.36 $174.33 $169.99 $158.33 ----------------------------------------------------------------------------- *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