NW_LS410 Des Moines, IA Wed, Dec 08, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $229.20 $215.31 Change => -1.65 -0.98 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 144,191 head of cattle. SUPPLY (Live) 89,708 Hd Equivalent: $206.30 $189.53 DEMAND (Box) 54,483 Hd* Equivalent: $252.11 $241.09 Live-Box Spread: ($45.81) ($51.56) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $264.11 Weight Price Head : Se 600-900# $253.09 Live Steer: 1485 $140.61 51,070: Current Lds: 161.2 Live Heifer: 1327 $140.85 24,770: Previous Lds: 158.5 Drsd Steer: 958 $219.97 8,992 Drsd Heifer: 861 $220.01 4,876 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 13.98 Ch 600-900# : 85.54%: Steer Dressing % : 62.73% Ch 600-750# : 34.58%: Heifer Dressing %: 62.76% Ch 750-900# : 50.96%: Processing Cost : 12.00 Se 600-900# : 14.46%: Slaughter Cost : 50.50 Se 600-750# : 3.77%: Se 750-900# : 10.68%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 229.20 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 25.31 $227.37 $238.47 $254.51 $251.47 $238.44 Certified 1-3 5.92 $207.98 $219.08 $235.12 $232.08 $219.05 Choice 1 3.58 $205.64 $216.74 $232.78 $229.74 $216.71 Select 1 -12.67 $189.39 $200.49 $216.53 $213.49 $200.46 Stndrd 1-3 -30.01 $172.05 $183.15 $199.19 $196.15 $183.12 Prime 4 12.73 $214.79 $225.89 $241.93 $238.89 $225.86 Choice 4 -11.23 $190.83 $201.93 $217.97 $214.93 $201.90 ----------------------------------------------------------------------------- *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