NW_LS410 Des Moines, IA Thu, Dec 02, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $231.35 $216.08 Change => 1.72 0.96 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 115,744 head of cattle. SUPPLY (Live) 60,884 Hd Equivalent: $202.68 $185.91 DEMAND (Box) 54,860 Hd* Equivalent: $260.02 $246.25 Live-Box Spread: ($57.34) ($60.34) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $272.02 Weight Price Head : Se 600-900# $258.25 Live Steer: 1472 $138.83 42,469: Current Lds: 174.2 Live Heifer: 1322 $139.38 12,195: Previous Lds: 226.6 Drsd Steer: 957 $217.06 4,128 Drsd Heifer: 853 $216.66 2,092 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 14.39 Ch 600-900# : 84.32%: Steer Dressing % : 62.98% Ch 600-750# : 34.08%: Heifer Dressing %: 63.05% 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 = 231.35 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 $229.52 $240.62 $256.66 $253.62 $240.59 Certified 1-3 5.92 $210.13 $221.23 $237.27 $234.23 $221.20 Choice 1 3.58 $207.79 $218.89 $234.93 $231.89 $218.86 Select 1 -12.67 $191.54 $202.64 $218.68 $215.64 $202.61 Stndrd 1-3 -30.01 $174.20 $185.30 $201.34 $198.30 $185.27 Prime 4 12.73 $216.94 $228.04 $244.08 $241.04 $228.01 Choice 4 -11.23 $192.98 $204.08 $220.12 $217.08 $204.05 ----------------------------------------------------------------------------- *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