NW_LS410 Des Moines, IA Tue, Apr 13, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $218.96 $211.26 Change => -0.65 0.19 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 129,515 head of cattle. SUPPLY (Live) 88,150 Hd Equivalent: $179.81 $167.98 DEMAND (Box) 41,365 Hd* Equivalent: $258.11 $254.54 Live-Box Spread: ($78.30) ($86.56) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $270.11 Weight Price Head : Se 600-900# $266.54 Live Steer: 1454 $121.99 50,380: Current Lds: 125.4 Live Heifer: 1300 $122.08 21,773: Previous Lds: 111.8 Drsd Steer: 955 $195.25 12,097 Drsd Heifer: 830 $195.51 3,900 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 10.92 Ch 600-900# : 88.05%: Steer Dressing % : 63.72% Ch 600-750# : 35.59%: Heifer Dressing %: 63.71% Ch 750-900# : 52.46%: Processing Cost : 12.00 Se 600-900# : 11.95%: Slaughter Cost : 50.50 Se 600-750# : 3.12%: Se 750-900# : 8.83%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 218.96 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 $207.23 $218.33 $234.37 $229.73 $218.30 Certified 1-3 6.37 $198.19 $209.29 $225.33 $220.69 $209.26 Choice 1 3.69 $195.51 $206.61 $222.65 $218.01 $206.58 Select 1 -7.58 $184.24 $195.34 $211.38 $206.74 $195.31 Stndrd 1-3 -27.40 $164.42 $175.52 $191.56 $186.92 $175.49 Prime 4 2.81 $194.63 $205.73 $221.77 $217.13 $205.70 Choice 4 -11.23 $180.59 $191.69 $207.73 $203.09 $191.66 ----------------------------------------------------------------------------- *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