NW_LS410 Des Moines, IA Thu, Dec 16, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $226.37 $211.27 Change => 0.86 -0.16 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 113,258 head of cattle. SUPPLY (Live) 63,630 Hd Equivalent: $201.77 $186.41 DEMAND (Box) 49,628 Hd* Equivalent: $250.97 $236.14 Live-Box Spread: ($49.20) ($49.73) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $262.97 Weight Price Head : Se 600-900# $248.14 Live Steer: 1471 $138.17 23,918: Current Lds: 140.2 Live Heifer: 1336 $138.57 11,994: Previous Lds: 173.7 Drsd Steer: 949 $219.17 20,822 Drsd Heifer: 855 $219.33 6,896 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 13.96 Ch 600-900# : 85.53%: Steer Dressing % : 63.25% Ch 600-750# : 34.57%: Heifer Dressing %: 63.20% 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 = 226.37 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 $223.76 $234.86 $250.90 $247.86 $234.83 Certified 1-3 5.92 $205.15 $216.25 $232.29 $229.25 $216.22 Choice 1 3.58 $202.81 $213.91 $229.95 $226.91 $213.88 Select 1 -11.25 $187.98 $199.08 $215.12 $212.08 $199.05 Stndrd 1-3 -29.86 $169.37 $180.47 $196.51 $193.47 $180.44 Prime 4 11.95 $211.18 $222.28 $238.32 $235.28 $222.25 Choice 4 -11.23 $188.00 $199.10 $215.14 $212.10 $199.07 ----------------------------------------------------------------------------- *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