NW_LS410 Des Moines, IA Wed, Sep 22, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $237.78 $208.66 Change => -1.96 -1.45 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 110,862 head of cattle. SUPPLY (Live) 55,390 Hd Equivalent: $179.72 $153.83 DEMAND (Box) 55,472 Hd* Equivalent: $295.83 $263.50 Live-Box Spread: ($116.11) ($109.67) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $307.83 Weight Price Head : Se 600-900# $275.50 Live Steer: 1472 $123.98 22,022: Current Lds: 185.9 Live Heifer: 1332 $124.09 9,936: Previous Lds: 174.5 Drsd Steer: 959 $198.21 17,794 Drsd Heifer: 844 $198.99 5,638 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 15.41 Ch 600-900# : 85.09%: Steer Dressing % : 63.40% Ch 600-750# : 34.39%: Heifer Dressing %: 63.31% Ch 750-900# : 50.69%: Processing Cost : 12.00 Se 600-900# : 14.91%: Slaughter Cost : 50.50 Se 600-750# : 3.89%: Se 750-900# : 11.02%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 237.78 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 21.24 $231.88 $242.98 $259.02 $255.98 $242.95 Certified 1-3 6.35 $216.99 $228.09 $244.13 $241.09 $228.06 Choice 1 3.58 $214.22 $225.32 $241.36 $238.32 $225.29 Select 1 -21.84 $188.80 $199.90 $215.94 $212.90 $199.87 Stndrd 1-3 -34.36 $176.28 $187.38 $203.42 $200.38 $187.35 Prime 4 8.66 $219.30 $230.40 $246.44 $243.40 $230.37 Choice 4 -11.23 $199.41 $210.51 $226.55 $223.51 $210.48 ----------------------------------------------------------------------------- *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