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Beef Carcass Price Equivalent Index Value USDA - Mon Apr 12, 8:10PM UTC NW_LS410
Des Moines, IA Mon, Apr 12, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $219.61 $211.07
Change => 0.24 1.58
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Current Index Reflects the Equivalent of 129,422 head of cattle.
SUPPLY (Live) 88,179 Hd
Equivalent: $179.80 $167.98
DEMAND (Box) 41,243 Hd*
Equivalent: $259.41 $254.16
Live-Box Spread: ($79.61) ($86.18)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $271.41
Weight Price Head : Se 600-900# $266.16
Live Steer: 1454 $121.99 50,331: Current Lds: 111.8
Live Heifer: 1300 $122.08 21,811: Previous Lds: 86.9
Drsd Steer: 955 $195.24 12,137
Drsd Heifer: 830 $195.51 3,900
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Grading % Breakdown : Drop Credit : 10.92
Ch 600-900# : 88.05%: Steer Dressing % : 63.72%
Ch 600-750# : 35.59%: Heifer Dressing %: 63.71%
Ch 750-900# : 52.46%: Processing Cost : 12.00
Se 600-900# : 11.95%: Slaughter Cost : 50.50
Se 600-750# : 3.12%:
Se 750-900# : 8.83%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 219.61 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 $207.88 $218.98 $235.02 $230.38 $218.95
Certified 1-3 6.37 $198.84 $209.94 $225.98 $221.34 $209.91
Choice 1 3.69 $196.16 $207.26 $223.30 $218.66 $207.23
Select 1 -7.58 $184.89 $195.99 $212.03 $207.39 $195.96
Stndrd 1-3 -27.40 $165.07 $176.17 $192.21 $187.57 $176.14
Prime 4 2.81 $195.28 $206.38 $222.42 $217.78 $206.35
Choice 4 -11.23 $181.24 $192.34 $208.38 $203.74 $192.31
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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
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