NW_LS410 Des Moines, IA Tue, Sep 21, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $239.74 $210.11 Change => -2.14 -1.37 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 105,098 head of cattle. SUPPLY (Live) 49,227 Hd Equivalent: $180.10 $154.21 DEMAND (Box) 55,871 Hd* Equivalent: $299.37 $266.01 Live-Box Spread: ($119.27) ($111.80) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $311.37 Weight Price Head : Se 600-900# $278.01 Live Steer: 1482 $124.01 19,149: Current Lds: 174.5 Live Heifer: 1333 $124.10 9,257: Previous Lds: 84.0 Drsd Steer: 956 $198.58 15,194 Drsd Heifer: 845 $198.94 5,627 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 15.27 Ch 600-900# : 85.09%: Steer Dressing % : 63.38% Ch 600-750# : 34.39%: Heifer Dressing %: 63.32% Ch 750-900# : 50.69%: Processing Cost : 12.00 Se 600-900# : 14.91%: Slaughter Cost : 50.50 Se 600-750# : 3.89%: Se 750-900# : 11.02%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 239.74 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 21.24 $233.84 $244.94 $260.98 $257.94 $244.91 Certified 1-3 6.35 $218.95 $230.05 $246.09 $243.05 $230.02 Choice 1 3.58 $216.18 $227.28 $243.32 $240.28 $227.25 Select 1 -21.84 $190.76 $201.86 $217.90 $214.86 $201.83 Stndrd 1-3 -34.36 $178.24 $189.34 $205.38 $202.34 $189.31 Prime 4 8.66 $221.26 $232.36 $248.40 $245.36 $232.33 Choice 4 -11.23 $201.37 $212.47 $228.51 $225.47 $212.44 ----------------------------------------------------------------------------- *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