NW_LS410 Des Moines, IA Fri, Sep 17, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $241.26 $211.20 Change => -1.94 -0.43 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 106,183 head of cattle. SUPPLY (Live) 50,105 Hd Equivalent: $180.05 $154.66 DEMAND (Box) 56,078 Hd* Equivalent: $302.47 $267.75 Live-Box Spread: ($122.42) ($113.09) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $314.47 Weight Price Head : Se 600-900# $279.75 Live Steer: 1481 $124.20 20,874: Current Lds: 154.6 Live Heifer: 1330 $124.17 9,294: Previous Lds: 140.7 Drsd Steer: 956 $198.63 14,692 Drsd Heifer: 847 $199.05 5,245 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 15.27 Ch 600-900# : 84.96%: Steer Dressing % : 63.38% Ch 600-750# : 34.34%: Heifer Dressing %: 63.31% Ch 750-900# : 50.62%: Processing Cost : 12.00 Se 600-900# : 15.04%: Slaughter Cost : 50.50 Se 600-750# : 3.93%: Se 750-900# : 11.11%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 241.26 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -27.14 -16.15 -3.04 -16.07 ----------------------------------------------------------------------------- Prime 1-3 21.03 $235.15 $246.14 $262.29 $259.25 $246.22 Certified 1-3 6.92 $221.04 $232.03 $248.18 $245.14 $232.11 Choice 1 3.58 $217.70 $228.69 $244.84 $241.80 $228.77 Select 1 -21.34 $192.78 $203.77 $219.92 $216.88 $203.85 Stndrd 1-3 -34.01 $180.11 $191.10 $207.25 $204.21 $191.18 Prime 4 8.45 $222.57 $233.56 $249.71 $246.67 $233.64 Choice 4 -11.23 $202.89 $213.88 $230.03 $226.99 $213.96 ----------------------------------------------------------------------------- *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