NW_LS410 Des Moines, IA Fri, Mar 05, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $193.85 $182.33 Change => -1.68 -0.83 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 124,128 head of cattle. SUPPLY (Live) 82,412 Hd Equivalent: $168.37 $155.81 DEMAND (Box) 41,716 Hd* Equivalent: $219.33 $208.85 Live-Box Spread: ($50.96) ($53.04) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $231.33 Weight Price Head : Se 600-900# $220.85 Live Steer: 1463 $113.74 41,797: Current Lds: 112.4 Live Heifer: 1351 $113.88 20,374: Previous Lds: 126.5 Drsd Steer: 957 $179.90 15,133 Drsd Heifer: 843 $180.11 5,108 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.80 Ch 600-900# : 89.17%: Steer Dressing % : 63.62% Ch 600-750# : 36.05%: Heifer Dressing %: 63.64% Ch 750-900# : 53.13%: Processing Cost : 12.00 Se 600-900# : 10.83%: Slaughter Cost : 50.50 Se 600-750# : 2.83%: Se 750-900# : 8.00%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 193.85 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 15.33 $182.04 $193.14 $209.18 $204.54 $193.11 Certified 1-3 6.66 $173.37 $184.47 $200.51 $195.87 $184.44 Choice 1 3.69 $170.40 $181.50 $197.54 $192.90 $181.47 Select 1 -8.31 $158.40 $169.50 $185.54 $180.90 $169.47 Stndrd 1-3 -27.78 $138.93 $150.03 $166.07 $161.43 $150.00 Prime 4 2.73 $169.44 $180.54 $196.58 $191.94 $180.51 Choice 4 -11.23 $155.48 $166.58 $182.62 $177.98 $166.55 ----------------------------------------------------------------------------- *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