NW_LS410 Des Moines, IA Fri, Apr 16, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $222.49 $213.10 Change => -0.61 0.01 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 108,930 head of cattle. SUPPLY (Live) 68,617 Hd Equivalent: $180.93 $169.11 DEMAND (Box) 40,313 Hd* Equivalent: $264.05 $257.10 Live-Box Spread: ($83.12) ($87.99) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $276.05 Weight Price Head : Se 600-900# $269.10 Live Steer: 1438 $122.14 27,643: Current Lds: 88.4 Live Heifer: 1303 $121.88 11,474: Previous Lds: 103.5 Drsd Steer: 940 $195.67 18,678 Drsd Heifer: 859 $195.89 10,822 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 10.92 Ch 600-900# : 88.05%: Steer Dressing % : 63.76% Ch 600-750# : 35.59%: Heifer Dressing %: 63.77% Ch 750-900# : 52.46%: Processing Cost : 12.00 Se 600-900# : 11.95%: Slaughter Cost : 50.50 Se 600-750# : 3.12%: Se 750-900# : 8.83%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 222.49 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 15.41 $210.76 $221.86 $237.90 $233.26 $221.83 Certified 1-3 6.37 $201.72 $212.82 $228.86 $224.22 $212.79 Choice 1 3.69 $199.04 $210.14 $226.18 $221.54 $210.11 Select 1 -7.58 $187.77 $198.87 $214.91 $210.27 $198.84 Stndrd 1-3 -27.40 $167.95 $179.05 $195.09 $190.45 $179.02 Prime 4 2.81 $198.16 $209.26 $225.30 $220.66 $209.23 Choice 4 -11.23 $184.12 $195.22 $211.26 $206.62 $195.19 ----------------------------------------------------------------------------- *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