NW_LS410 Des Moines, IA Fri, Dec 17, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $226.09 $211.04 Change => -0.28 -0.23 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 89,008 head of cattle. SUPPLY (Live) 36,966 Hd Equivalent: $201.16 $185.81 DEMAND (Box) 52,042 Hd* Equivalent: $251.01 $236.28 Live-Box Spread: ($49.85) ($50.47) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $263.01 Weight Price Head : Se 600-900# $248.28 Live Steer: 1440 $137.67 17,202: Current Lds: 107.3 Live Heifer: 1346 $137.74 6,137: Previous Lds: 140.2 Drsd Steer: 940 $218.46 9,685 Drsd Heifer: 838 $218.57 3,942 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 14.01 Ch 600-900# : 85.53%: Steer Dressing % : 63.04% Ch 600-750# : 34.57%: Heifer Dressing %: 63.11% 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 = 226.09 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 $223.48 $234.58 $250.62 $247.58 $234.55 Certified 1-3 5.92 $204.87 $215.97 $232.01 $228.97 $215.94 Choice 1 3.58 $202.53 $213.63 $229.67 $226.63 $213.60 Select 1 -11.25 $187.70 $198.80 $214.84 $211.80 $198.77 Stndrd 1-3 -29.86 $169.09 $180.19 $196.23 $193.19 $180.16 Prime 4 11.95 $210.90 $222.00 $238.04 $235.00 $221.97 Choice 4 -11.23 $187.72 $198.82 $214.86 $211.82 $198.79 ----------------------------------------------------------------------------- *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