Carcass Price Equivalent Index Value (Beef)

NW_LS410
Des Moines, IA Fri, Aug 06, 2021 USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

CHOICE SELECT
Index 600-900# 600-900#
Values => $231.59 $213.20
Change => 1.92 1.74
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Current Index Reflects the Equivalent of 124,668 head of cattle.
SUPPLY (Live) 79,483 Hd
Equivalent: $178.91 $161.30
DEMAND (Box) 45,185 Hd*
Equivalent: $284.26 $265.09
Live-Box Spread: ($105.35) ($103.79)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $296.26
Weight Price Head : Se 600-900# $277.09
Live Steer: 1453 $123.79 40,236: Current Lds: 93.0
Live Heifer: 1291 $123.18 14,905: Previous Lds: 106.7
Drsd Steer: 934 $198.00 20,646
Drsd Heifer: 840 $197.80 3,696
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Grading % Breakdown : Drop Credit : 14.82
Ch 600-900# : 85.03%: Steer Dressing % : 63.52%
Ch 600-750# : 34.37%: Heifer Dressing %: 63.47%
Ch 750-900# : 50.66%: Processing Cost : 12.00
Se 600-900# : 14.97%: Slaughter Cost : 50.50
Se 600-750# : 3.91%:
Se 750-900# : 11.06%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 231.59 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 18.05 $222.50 $233.60 $249.64 $245.00 $233.57
Certified 1-3 5.37 $209.82 $220.92 $236.96 $232.32 $220.89
Choice 1 3.69 $208.14 $219.24 $235.28 $230.64 $219.21
Select 1 -13.39 $191.06 $202.16 $218.20 $213.56 $202.13
Stndrd 1-3 -29.99 $174.46 $185.56 $201.60 $196.96 $185.53
Prime 4 5.45 $209.90 $221.00 $237.04 $232.40 $220.97
Choice 4 -11.23 $193.22 $204.32 $220.36 $215.72 $204.29
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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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