NW_LS410 Des Moines, IA Tue, Dec 14, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $225.79 $212.16 Change => -1.20 -2.36 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 106,593 head of cattle. SUPPLY (Live) 53,101 Hd Equivalent: $202.87 $187.51 DEMAND (Box) 53,492 Hd* Equivalent: $248.72 $236.80 Live-Box Spread: ($45.85) ($49.29) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $260.72 Weight Price Head : Se 600-900# $248.80 Live Steer: 1484 $139.48 22,031: Current Lds: 146.0 Live Heifer: 1328 $139.44 10,657: Previous Lds: 126.8 Drsd Steer: 953 $219.76 15,520 Drsd Heifer: 857 $219.99 4,893 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 13.99 Ch 600-900# : 85.53%: Steer Dressing % : 63.35% Ch 600-750# : 34.57%: Heifer Dressing %: 63.26% Ch 750-900# : 50.96%: Processing Cost : 12.00 Se 600-900# : 14.47%: Slaughter Cost : 50.50 Se 600-750# : 3.78%: Se 750-900# : 10.69%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 225.79 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 24.53 $223.18 $234.28 $250.32 $247.28 $234.25 Certified 1-3 5.92 $204.57 $215.67 $231.71 $228.67 $215.64 Choice 1 3.58 $202.23 $213.33 $229.37 $226.33 $213.30 Select 1 -11.25 $187.40 $198.50 $214.54 $211.50 $198.47 Stndrd 1-3 -29.86 $168.79 $179.89 $195.93 $192.89 $179.86 Prime 4 11.95 $210.60 $221.70 $237.74 $234.70 $221.67 Choice 4 -11.23 $187.42 $198.52 $214.56 $211.52 $198.49 ----------------------------------------------------------------------------- *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