NW_LS410 Des Moines, IA Thu, Nov 18, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $226.84 $210.96 Change => -0.61 0.09 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 100,933 head of cattle. SUPPLY (Live) 43,082 Hd Equivalent: $189.53 $170.77 DEMAND (Box) 57,851 Hd* Equivalent: $264.16 $251.16 Live-Box Spread: ($74.63) ($80.39) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $276.16 Weight Price Head : Se 600-900# $263.16 Live Steer: 1497 $131.88 29,017: Current Lds: 193.4 Live Heifer: 1307 $131.96 11,247: Previous Lds: 187.6 Drsd Steer: 966 $206.61 2,032 Drsd Heifer: 868 $206.99 786 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 16.52 Ch 600-900# : 83.76%: Steer Dressing % : 62.70% Ch 600-750# : 33.86%: Heifer Dressing %: 62.67% Ch 750-900# : 49.90%: Processing Cost : 12.00 Se 600-900# : 16.24%: Slaughter Cost : 50.50 Se 600-750# : 4.24%: Se 750-900# : 12.00%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 226.84 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 25.46 $225.16 $236.26 $252.30 $249.26 $236.23 Certified 1-3 6.49 $206.19 $217.29 $233.33 $230.29 $217.26 Choice 1 3.58 $203.28 $214.38 $230.42 $227.38 $214.35 Select 1 -14.67 $185.03 $196.13 $212.17 $209.13 $196.10 Stndrd 1-3 -31.29 $168.41 $179.51 $195.55 $192.51 $179.48 Prime 4 12.88 $212.58 $223.68 $239.72 $236.68 $223.65 Choice 4 -11.23 $188.47 $199.57 $215.61 $212.57 $199.54 ----------------------------------------------------------------------------- *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