NW_LS410 Des Moines, IA Fri, Apr 09, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $219.37 $209.49 Change => 1.74 1.02 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 145,377 head of cattle. SUPPLY (Live) 104,630 Hd Equivalent: $178.57 $166.92 DEMAND (Box) 40,747 Hd* Equivalent: $260.17 $252.07 Live-Box Spread: ($81.60) ($85.15) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $272.17 Weight Price Head : Se 600-900# $264.07 Live Steer: 1458 $121.45 55,490: Current Lds: 86.9 Live Heifer: 1303 $121.60 22,543: Previous Lds: 110.3 Drsd Steer: 956 $192.44 20,959 Drsd Heifer: 843 $192.88 5,638 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 10.97 Ch 600-900# : 87.85%: Steer Dressing % : 63.87% Ch 600-750# : 35.51%: Heifer Dressing %: 63.84% 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%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 219.37 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -27.14 -16.04 -4.64 -16.07 ----------------------------------------------------------------------------- Prime 1-3 15.41 $207.64 $218.74 $234.78 $230.14 $218.71 Certified 1-3 5.94 $198.17 $209.27 $225.31 $220.67 $209.24 Choice 1 3.69 $195.92 $207.02 $223.06 $218.42 $206.99 Select 1 -7.40 $184.83 $195.93 $211.97 $207.33 $195.90 Stndrd 1-3 -27.40 $164.83 $175.93 $191.97 $187.33 $175.90 Prime 4 2.81 $195.04 $206.14 $222.18 $217.54 $206.11 Choice 4 -11.23 $181.00 $192.10 $208.14 $203.50 $192.07 ----------------------------------------------------------------------------- *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