NW_LS410 ***Resent for Correction to whole report*** Des Moines, IA Mon, Dec 27, 2021 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $225.88 $213.76 Change => 0.50 0.93 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 75,135 head of cattle. SUPPLY (Live) 33,869 Hd Equivalent: $199.28 $184.34 DEMAND (Box) 41,266 Hd* Equivalent: $252.48 $243.18 Live-Box Spread: ($53.20) ($58.84) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $264.48 Weight Price Head : Se 600-900# $255.18 Live Steer: 1489 $135.82 15,537: Current Lds: 111.9 Live Heifer: 1348 $135.81 8,331: Previous Lds: 90.5 Drsd Steer: 971 $217.36 7,559 Drsd Heifer: 853 $217.30 2,442 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 13.62 Ch 600-900# : 85.88%: Steer Dressing % : 62.98% Ch 600-750# : 34.71%: Heifer Dressing %: 62.88% Ch 750-900# : 51.17%: Processing Cost : 12.00 Se 600-900# : 14.12%: Slaughter Cost : 50.50 Se 600-750# : 3.69%: Se 750-900# : 10.43%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 225.88 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 $223.27 $234.37 $250.41 $247.37 $234.34 Certified 1-3 5.92 $204.66 $215.76 $231.80 $228.76 $215.73 Choice 1 3.58 $202.32 $213.42 $229.46 $226.42 $213.39 Select 1 -10.84 $187.90 $199.00 $215.04 $212.00 $198.97 Stndrd 1-3 -29.51 $169.23 $180.33 $196.37 $193.33 $180.30 Prime 4 11.95 $210.69 $221.79 $237.83 $234.79 $221.76 Choice 4 -11.23 $187.51 $198.61 $214.65 $211.61 $198.58 ----------------------------------------------------------------------------- *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