Carcass Price Equivalent Index Value (Beef)

NW_LS410
Des Moines, IA Wed, Apr 07, 2021 USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

CHOICE SELECT
Index 600-900# 600-900#
Values => $214.60 $203.21
Change => 1.82 1.99
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Current Index Reflects the Equivalent of 101,682 head of cattle.
SUPPLY (Live) 60,476 Hd
Equivalent: $174.89 $163.24
DEMAND (Box) 41,206 Hd*
Equivalent: $254.31 $243.19
Live-Box Spread: ($79.42) ($79.95)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $266.31
Weight Price Head : Se 600-900# $255.19
Live Steer: 1476 $118.18 24,632: Current Lds: 117.1
Live Heifer: 1317 $117.85 11,538: Previous Lds: 123.8
Drsd Steer: 956 $189.38 19,628
Drsd Heifer: 872 $189.32 4,678
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Grading % Breakdown : Drop Credit : 10.52
Ch 600-900# : 87.85%: Steer Dressing % : 63.98%
Ch 600-750# : 35.51%: Heifer Dressing %: 63.99%
Ch 750-900# : 52.34%: Processing Cost : 12.00
Se 600-900# : 12.15%: Slaughter Cost : 50.50
Se 600-750# : 3.17%:
Se 750-900# : 8.98%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 214.60 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -27.14 -16.04 -4.64 -16.07
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Prime 1-3 15.41 $202.87 $213.97 $230.01 $225.37 $213.94
Certified 1-3 5.94 $193.40 $204.50 $220.54 $215.90 $204.47
Choice 1 3.69 $191.15 $202.25 $218.29 $213.65 $202.22
Select 1 -7.40 $180.06 $191.16 $207.20 $202.56 $191.13
Stndrd 1-3 -27.40 $160.06 $171.16 $187.20 $182.56 $171.13
Prime 4 2.81 $190.27 $201.37 $217.41 $212.77 $201.34
Choice 4 -11.23 $176.23 $187.33 $203.37 $198.73 $187.30
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*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
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