NW_LS410 Des Moines, IA Fri, Dec 03, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $234.16 $217.91 Change => 2.81 1.83 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 153,043 head of cattle. SUPPLY (Live) 93,209 Hd Equivalent: $205.96 $189.19 DEMAND (Box) 59,834 Hd* Equivalent: $262.36 $246.64 Live-Box Spread: ($56.40) ($57.45) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $274.36 Weight Price Head : Se 600-900# $258.64 Live Steer: 1478 $140.24 57,086: Current Lds: 116.7 Live Heifer: 1322 $140.82 22,816: Previous Lds: 174.2 Drsd Steer: 956 $219.71 8,549 Drsd Heifer: 860 $219.74 4,758 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 14.24 Ch 600-900# : 84.32%: Steer Dressing % : 62.69% Ch 600-750# : 34.08%: Heifer Dressing %: 62.71% 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 = 234.16 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 $232.33 $243.43 $259.47 $256.43 $243.40 Certified 1-3 5.92 $212.94 $224.04 $240.08 $237.04 $224.01 Choice 1 3.58 $210.60 $221.70 $237.74 $234.70 $221.67 Select 1 -12.67 $194.35 $205.45 $221.49 $218.45 $205.42 Stndrd 1-3 -30.01 $177.01 $188.11 $204.15 $201.11 $188.08 Prime 4 12.73 $219.75 $230.85 $246.89 $243.85 $230.82 Choice 4 -11.23 $195.79 $206.89 $222.93 $219.89 $206.86 ----------------------------------------------------------------------------- *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