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Beef Carcass Price Equivalent Index Value USDA - Fri Jan 22, 3:33PM CST NW_LS410
Des Moines, IA Fri, Jan 22, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $186.62 $175.85
Change => 0.79 1.51
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Current Index Reflects the Equivalent of 119,740 head of cattle.
SUPPLY (Live) 69,963 Hd
Equivalent: $162.43 $150.37
DEMAND (Box) 49,777 Hd*
Equivalent: $210.82 $201.34
Live-Box Spread: ($48.39) ($50.97)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $222.82
Weight Price Head : Se 600-900# $213.34
Live Steer: 1485 $109.18 28,871: Current Lds: 143.0
Live Heifer: 1334 $109.72 19,053: Previous Lds: 127.2
Drsd Steer: 968 $172.59 16,609
Drsd Heifer: 885 $172.47 5,430
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Grading % Breakdown : Drop Credit : 9.35
Ch 600-900# : 86.42%: Steer Dressing % : 63.81%
Ch 600-750# : 34.93%: Heifer Dressing %: 63.84%
Ch 750-900# : 51.48%: Processing Cost : 12.00
Se 600-900# : 13.58%: Slaughter Cost : 50.50
Se 600-750# : 3.55%:
Se 750-900# : 10.04%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 186.62 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -31.15 -15.97 -4.34 -16.00
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Prime 1-3 15.96 $171.43 $186.61 $202.58 $198.24 $186.58
Certified 1-3 6.02 $161.49 $176.67 $192.64 $188.30 $176.64
Choice 1 3.71 $159.18 $174.36 $190.33 $185.99 $174.33
Select 1 -7.79 $147.68 $162.86 $178.83 $174.49 $162.83
Stndrd 1-3 -26.47 $129.00 $144.18 $160.15 $155.81 $144.15
Prime 4 3.07 $158.54 $173.72 $189.69 $185.35 $173.69
Choice 4 -11.50 $143.97 $159.15 $175.12 $170.78 $159.12
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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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