NW_LS410 Des Moines, IA Wed, Dec 01, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $229.63 $215.12 Change => -0.68 -1.11 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 149,729 head of cattle. SUPPLY (Live) 98,239 Hd Equivalent: $201.04 $184.27 DEMAND (Box) 51,490 Hd* Equivalent: $258.22 $245.97 Live-Box Spread: ($57.18) ($61.70) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $270.22 Weight Price Head : Se 600-900# $257.97 Live Steer: 1480 $138.04 62,495: Current Lds: 226.6 Live Heifer: 1328 $137.92 23,840: Previous Lds: 198.5 Drsd Steer: 955 $216.29 7,744 Drsd Heifer: 861 $216.19 4,160 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 14.73 Ch 600-900# : 84.32%: Steer Dressing % : 62.86% Ch 600-750# : 34.08%: Heifer Dressing %: 62.86% Ch 750-900# : 50.24%: Processing Cost : 12.00 Se 600-900# : 15.68%: Slaughter Cost : 50.50 Se 600-750# : 4.09%: Se 750-900# : 11.59%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 229.63 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -27.14 -16.04 -3.04 -16.07 ----------------------------------------------------------------------------- Prime 1-3 25.31 $227.80 $238.90 $254.94 $251.90 $238.87 Certified 1-3 5.92 $208.41 $219.51 $235.55 $232.51 $219.48 Choice 1 3.58 $206.07 $217.17 $233.21 $230.17 $217.14 Select 1 -12.67 $189.82 $200.92 $216.96 $213.92 $200.89 Stndrd 1-3 -30.01 $172.48 $183.58 $199.62 $196.58 $183.55 Prime 4 12.73 $215.22 $226.32 $242.36 $239.32 $226.29 Choice 4 -11.23 $191.26 $202.36 $218.40 $215.36 $202.33 ----------------------------------------------------------------------------- *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